An effective and proven executive coaching program specifically designed to support leaders during their crucial onboarding phase
Navigating High-Stake Transitions - Executive Onboarding
- With over 25% of leaders transitioning to new positions at any given time, the significance of effective executive onboarding cannot be underestimated. According to a survey of over one thousand HR executives by Michael Watkins, transitions into new roles are among the most challenging times in the professional lives of leaders, impacting not only the individual but the entire organization.
The Cost of Failed Onboarding
- A Mckinsey study reveals that between 27 and 46 percent of executive transitions are regarded as failures or disappointments within two years. Failed onboarding results in significant costs for the organization, including recruitment expenses, performance loss due to ineffective management, internal confusion, and decreased employee morale. A Heidrick & Struggles study found that up to 40% of onboarding executives leave the organization within 18 months, leading to lost revenue and damaged morale, perpetuating a risky cycle.
How We Can Help
- Research by respected onboarding experts like Michael Watkins of HBS and Kevin Cashman of Korn Ferry indicates that well-designed interventions can reduce onboarding costs and risks for transitioning leaders. According to George Bradt, Chairman of PrimeGenesis, practical onboarding support can decrease the rate of executives leaving their new roles within 18 months from 40% to less than 10%. Moreover, a joint study conducted by Genesis Partners and Egon Zehnder found that transition acceleration support have halved the time of new leaders reaching to full performance.
- ILC Coaching specializes in executive coaching, with a particular focus on supporting leaders through successful onboarding. Principal Coach William Chun, a fully bilingual management consultant turned executive coach, brings over 30 years of global management consulting experience across 5 countries. He is a certified professional coach recognized by coaching associations in Korea and the United States.
- William's firsthand experience with professional transitions allows him to understand and address the challenges leaders encounter during onboarding. What sets him apart is his ability to tailor coaching to the culture and practices of Korean corporations and government organizations. Leveraging his extensive cross-border experience as a management consultant, key executive, start-up entrepreneur, and leader of large public-private-partnership projects in and out of Korea, William's coaching goes beyond the direct application of existing methodologies. He customizes his approach to address the unique challenges faced by Korean organizations, making his coaching even more effective and impactful.
The ILC Coaching Onboarding Approach
Our comprehensive onboarding coaching program at ILC Coaching includes:
- 1:1 Coaching: Six 90-minute personalized coaching sessions to provide leaders with tools and guidance for excelling in their new roles.
- Masterclasses: Engaging 90-minute workshops to equip leaders with essential onboarding skills and strategies.
Contact Us
Contact us to schedule a consultation and unlock the full potential of your leaders' transitions.
Email: [email protected]
Phone: +82-10-5577-1601
ILC Associates: www.ilc-associates.com
ILC Coaching: www.ilc-coaching.com
LinkedIn: www.linkedin.com/in/william-chun