1

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

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Sustainable Ventures Alliance LLC

• Office: (505) 466 – 2695

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• Email: mark@markwalztoni.com

• Web Site: www.lmarkwalztoni.com

• Blog: www.markwalztoni.com/blog

Effective Leadership Changes, Every Time