The investment in securing the “right” person for a senior role is significant and in everyone’s interests to ensure that person is set up to succeed. While it may be counter-intuitive for an employer to fund a coaching programme 2-3 months prior to the executive’s start date, the benefit from a properly planned transition will far outweigh any cost. To paraphrase Watkins, the object for new leaders is to arrive at a “break-even point” as soon as possible – typically within 6 months, where the value consumed by those individuals in the first 3 months is equalled by the value they create in the second 3 months. Richard Spilg shares his view on how to maximise a leader impact during the first 3 month’s of a new role.
Read morePlanning for the critical first 90 days