The cost of replacing a newly recruited executive could swing from between 1.5 to 40 times their annual salary. And the probability that one of these executives will fail in the first 2 years is 50%.
Why is that?
• High organizational expectations of the new leader.
• Lack of proper integration into the new position. Sink or swim.
• Relying too much on past experiences and unable to flex with the new environment.
• Resentment of existing team makes it difficult to achieve critical priorities.
• Resentment of peers so no hand is offered.
• Work load upon entry is so large that there is little time for establishing effective networks and mentors.
• Failure at senior levels is very visible so little time is devoted to the emotions a new leader may be experiencing. Keep it buried!
The impact on the leader’s new team can be significant and potentially devastating. No team wants their manager learning their new role by trial and error. The costs of losing and replacing additional team members during this growth phase can not be underestimated.
The Solution:
Protect Your Investment by contributing to the success of your new managers. It’s all about speed to effectiveness. A new leader is only effective when they begin to contribute fully to the success of the organization’s goals.
This program is designed to quickly acclimatize new or existing leaders. It is ideally targeted at the newly promoted manager, director or vice president within an organization or the senior executive recently hired by the organization. VELOCITYworksTotal Solution diminishes the learning curve and increases the rate at which new leaders integrate effectively into their roles, their team and their organization.
Unlike a corporate orientation, this program is founded on a proven combination of one on one coaching, profiling, team facilitation and organizational insight to ensure your new leader quickly reaches a state of high velocity.
VELOCITYworksTotal Solution is a process by which your new leader is given every opportunity to successfully integrate into their new role with the added benefit of enhanced positive impact on their own team. Their VELOCITYworks Coach takes them through a number of activities over a period spanning over a minimum of three months enhancing their ability to navigate through corporate headwaters. They become more organizationally and politically savvy. They are able to focus on key goals and ensure that their new team is doing the same. As a result there is greater retention and greater productivity by the entire team. The savings are measurable as are the results. The ultimate goal: effective integration of the new leader into the organization with enhanced retention and improved business results.
Leadership Acceleration without Total Solution
The acceleration process is complete when the leader is able to make confident decisions, positively impacting the business, their team and their organization. The process is complete when the new leader is fully integrated and working effectively into the entire organization.
“By helping new leaders assimilate quickly and smoothly, companies can ensure
better productivity and commitment to their organization.”
(Fall 2000, Executive Talent. Diane Downey and Tom March)
During this program leaders will:
• Benefit from personalized leadership coaching designed to increase your speed
to effectiveness.
• Gain further insight into your leadership qualities via a number of custom
selected profiles and assessments.
• Utilize a variety of proven techniques to increase the speed at which you develop
internal networks, organizational know how and team effectiveness.
• Work directly with the team as they grow exponentially.
