Research on Induction process and how to implement it in startups
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Transcript of Research on Induction process and how to implement it in startups
How to implement a formal induction process in an informal start-up
environment?Natalya Prilipko for GGMBA
Managing Organizations2014
- Alvin Toffler
Future shock is the shattering stress and disorientation
that we induce in individuals by subjecting them to too much change in too short a time.
from BrainyQuote
Focus on:● What is induction?
● Why is induction important for an organization?
● Best practices in Hi-Tech companies
● Structured onboarding for an unstructured
start-up
What is induction?
Sample induction processfrom www.inspiringenterprise.org
Why is induction important?● Create a good first impression● Employee can start contributing faster● Talent retention and reduced replacement
costs and hence reduced turnover● Operational efficiency
Replacement costs● Manager’s time ● Recruitment costs● New hire costs ● Training costs ● Lost productivity costs ● Lost sales costs
REPLACEMENT COSTS
Discover IBM
Share & Connect
Grow my
career
Find support
Intensive orientation
Extensive knowledge database
Bold thinking & Inspiration
Socializing & Fun
Positive 1st day
experience
Welcome gifts
Volunteers (retirees)
Best Practice
Plan for long-term
Organize & Customize
Develop employees
Humour
Positive 1st day experience
Guidance
Fun
Transparency
Inspiration
The Bad
Global Green MBA
How to implement onboarding in start-ups?
START-UP