Once a leader has been selected, there is a lot to do to ensure that he/she is deemed successful. Organizations today have higher than ever expectations for results, combined with less patience and shorter timeframes than ever for achieving results. Research has consistently shown that at the end of one year in a new role, about 40% of executives are deemed ineffective.
Further, A new leader’s failure has been shown to significantly compromise the performance of approximately 12 people around that leader and Direct Reports underperform their peers by about 15%! The cost of this failure in lost productivity, lost revenue and additional executive search is significant. The intentional application of executive coaching for on-boarding can reduce this failure rate from 40% down to about 10%.
Success lies in the ability to take charge quickly and effectively and define strategies that will shorten the time it takes to reach that point at which the organization needs the executive as much as the executives need the job.
Coaching is tailor made to support successful integration as it is a highly individualized, customized process. As such, it is the unique leadership solution that consistently and significantly increases the path of integration and the chances for success.
On-boarding coaching has several components, each of which increase the chances for successful integration:
- Our six-month, on-boarding coaching is structured from methodologies proven to achieve more desirable and predictable results.
- Our coaches have deep experience applying these concepts to work they do with leaders and organizations.
- Our approach is systemic in that we engage the leader and key stakeholders to craft an integration plan that aligns with intended individual and organizational outcomes.
- Our coaches work with the leader and key stakeholders to craft a roadmap with clear milestones at 3, 6, 9 and 12 months.
At the completion of the six month coaching engagement, the coach facilitates a handoff of the process to the leader and key stakeholders to ensure the team has the tools and resources they need to achieve the desired results at the end of the first year.
The TMCG uses CoachLogix, a state of the art, web-based coaching management platform on a secure, private cloud. CoachLogix is a coaching results multiplier, enabling coach and coachee to collaborate more effectively and allowing TMCG and client staff real time access to reporting data such as spend, utilization, evaluation data and more.
The platform applies bank-level, best practice technical safeguards to protect the integrity and security of your information both in-transit and at-rest. CoachLogix has been certified to exceed industry standards based on third party, OWASP level 2 application security assessments and your data is hosted in SSAE 16 / SOC1 certified data centers.