PrimeGenesis Executive Onboarding

Hiring in This Economy? Onboarding is Essential. It's Become the Must Have Talent Management Strategy

In a new podcast on TotalPicture Radio, George Bradt, founder and managing director of PrimeGenesis, an executive onboarding consultancy, has no illusions when talking about the economy. “The pressure-cooker faced by human resource managers, and the land mines facing new executive level employees is greater than I’ve ever seen it.”

(Vocus/PRWEB ) March 10, 2009 -- "Moving into a new job is among the toughest career challenges you'll ever face. 40 percent of newly hired executives fail within 18 months, and many more new employees simply fail to distinguish themselves." Those are the of the words of George Bradt, whose Stamford, Connecticut company, PrimeGenesis has seen an increase in business in recent months. "The sole purpose of our company is to dramatically improve the success rate of the onboarding process, while significantly reducing the failure rate, which we’ve done," according to Bradt, a former Coca-Cola executive.

George Bradt

The pressure-cooker faced by human resource managers, and the land mines facing new executive level employees is greater than I’ve ever seen it.

Moving into a new job is among the toughest career challenges you'll ever face. 40 percent of newly hired executives fail within 18 months, and many more new employees simply fail to distinguish themselves.

The sole purpose of our company is to dramatically improve the success rate of the onboarding process, while significantly reducing the failure rate, which we’ve done

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It’s the economy: Executives have very little time to deliver significant business results. They need to hit the ground sprinting. There’s another dimension to onboarding which now has the full attention of corporate boards and senior management -- succession planning.

When I started Primegenesis in 2002, no one knew what onboarding was. Now, companies with 25 employees know what it is, and know it’s important. Which is not to say they know how to successfully implement an onboarding plan.

If you are offered a job, especially at an executive level, and you don’t prepare before you start, you’re already way behind and in the 40 percent failure danger zone. The alarms will go off the minute you walk through the door.

In this job market, in this economy, you can’t afford to be casual

Considering the job market – or lack thereof – many job seekers will jump at any employment offer they receive. What’s your advice?

My headline is, look before you leap. Taking any new job requires a leap of faith, and the more you know, the better.

We’ve identified seven land mines risks. Even highly experienced executives miss some of them: There’s an organizational risk, there’s a role risk, there’s a personal risk, a relationship risk, learning risk, delivery risk, and finally, an adjustment risk.