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

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

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 ?

What Are 4-5 Ways HR Can Support Chris Before She Joins MegaByte ?

What are a New Leaders Learning Needs? L Core Onboarding Content Targeted Learning Needs Transfers . OD Demographics Metrics Location Goals 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?

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?

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

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

Sustainable Ventures Alliance LLC Office: (505) 466 – 2695 Mobile (505) 603 – 5810 Email: [email_address] Web Site: www.lmarkwalztoni.com Blog: www.markwalztoni.com/blog Effective Leadership Changes, Every Time Page

Office: (505) 466 – 2695

Mobile (505) 603 – 5810

Email: [email_address]

Web Site: www.lmarkwalztoni.com

Blog: www.markwalztoni.com/blog

Effective Leadership Changes, Every Time