Post on 23-Jan-2015
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Best Practices for Making Leadership Changes Effective from
Day 1
Best Practices for Making Leadership Changes Effective from
Day 1
HRMA June General Luncheon
June 17, 2008
Best Practices for Making Leadership Changes Effective from Day 1
Presented by Mark Walztoni
HRMA June General Luncheon
June 17, 2008
Today’s Agenda
• HRMA Survey Results
• Group Exercises – Onboarding Chris Hawkins
• Making the Business Case
Where Does Your Organization Stand in Providing Onboarding Support for Those Taking on New Roles?
Where Do You See the Greatest Gain in Providing Onboarding Support?
If You are Providing or Planning to Provide Support, Which Levels in Your Organization (Will) Receive it?
How Prepared is Your Organization to Provide Effective Onboarding Support for New Hires?
How Comfortable Are You Making the Business Case for Investing in Onboarding to Your Leadership Team?
What Was Your Most Memorable New Job Experience
Three Onboarding Components
Meet Chris Hawkins - Key Facts
• She Joins MegaByte, An Albuquerque-Based Technology Company with $100 Million Dollars in Revenue on July 7, 2008, as Marketing Director
• She Reports to the SVP of Sales and Marketing
• She Has Five Team Members
• Revenue is Flat and Her Predecessor Was Terminated
GROUP EXERCISE - AN OUNCE OF PREVENTION
What Are 4-5 Ways HR Can Support Chris Before She
Joins MegaByte?
L
What are a New Leaders Learning Needs?
Core Onboarding
Content
Targeted Learning Needs Transfers .
OD
Demographics
Metrics
LocationGoals
Function
Co. Lifecycle. Team
New Leaders
EXERCISE – NAVIGATE AROUND THE ROCKS
What Are 4-5 Ways HR Can Support Chris in the First 90 Days After She Joins MegaByte?
EXERCISE – SUSTAINING EARLY SUCCESS
What Are 4-5 Ways HR Can Support Chris After Her First 90 Days at MegaByte?
Business Case - A Typical Company’s Risk
Situation• A Company Appoints 40 Managers
to New Roles per Year, Including 10 External Hires
The Benchmark Data Suggests• 60% of the Internal Appointees will
Fail Within 18 Months• 70% of the External Hires Will
Leave Within 24 Months
The Business Risk:Twenty Five Failures at an Average
Replacement Salary of $100K= $2.5 Million Dollars
Page 17
Sustainable Ventures Alliance LLC
• Office: (505) 466 – 2695
• Mobile (505) 603 – 5810
• Email: mark@markwalztoni.com
• Web Site: www.lmarkwalztoni.com
• Blog: www.markwalztoni.com/blog
Effective Leadership Changes, Every Time