As the economy picks up, there are three key challenges facing HR professionals when it comes to their executive team. A focus on delivering, developing and departing senior leaders is likely to be a constant characteristic of the workplace for many years to come, often happening simultaneously.
Deliver (Onboarding)
According to a 2014 research paper by Career Partners International, half of newly hired executives quit or are fired within the first three years. Almost as many who change jobs or are promoted (40%) fail within the first 18 months. Why then do more organisations not have formal executive Onboarding approaches?
To ensure that new executive appointments turn into long term organisational success stories, companies must:
Make sure you have done sufficient due diligence before making an offer.
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