InterSearch SURVEY EXAMINES EXECUTIVE ON-BOARDING PRACTICES in companies around the world FOR THEIR NEW EXECUTIVES
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Among companies responding to a recent InterSearch Worldwide survey, just 41 percent offer some form of executive on-boarding to their new executives, with organizational culture alignment and executive development planning topping the list. InterSearch is a leading global executive search organization operating in more than 45 countries.
“Given the importance of executive assimilation and retention – as well as building relationships and of expediting opportunities for meaningful contributions – we were surprised to find that six out of 10 companies responding to our survey do not provide any sort of executive on-boarding services at all to their new executives,” said InterSearch Chairman Frank Schelstraete.
Among the companies that do offer executive on-boarding to their new executives, the most common service was organizational culture alignment (24%), followed by executive development planning (21%). Mentoring and diversity/inclusion training each occur at 17% of respondents’ companies, while 16% offer some kind of professional development. Life coaching occurs at 3% of respondents’ companies, while media training occurs at just 2%.
In terms of other executive on-boarding services offered to new executives, respondents also named:
- Executive coaching with an external consultant
- Structured orientation to the business plan, to strategy and vision, as well as to the executive’s direct report team
- Thorough follow-up meetings with all executives (after defined periods of time after their start date with the company)
- Access and encouragement to join clubs such as Rotary and Kiwanis to accelerate assimilation into the community
Perhaps not surprisingly, some form of executive on-boarding was most common at larger companies that responded (those with annual revenue of more than US$500 million or approximately 400 million Euro), than at either medium-sized companies (annual revenue between US$50-500 million or approximately 40-400 million Euro) or small companies (annual revenue under US$50 million or approximately 40 million Euro).
InterSearch conducted the online survey of companies around the world from June through September 2013.
Additional survey results can be found in the following PDF document:
Executive Onboarding Services IS Survey674.03 KB