Assimilating New Leaders: The Key to Executive Retention

Diane Downey

More than 70 percent of newly hired senior executives leave their positions within the first two years. The reasons for this are numerous. Often, the hiring organization expects a new executive--especially one who arrives with a high price tag attached--to hit the ground running, with minimal assistance or supervision. The "new leader" may not understand company protocols and existing programs, or may even have been a poor match from the start. But while the reasons may vary widely, the results are the same--unexpected financial costs and organizational chaos for the hiring company, and career interruptions that the departing executive can find difficult if not impossible to overcome. "Assimilating New Leaders" presents an in-depth process for ensuring that new leaders and their hiring organizations are able to leverage each other's strengths to achieve mutually beneficial goals.

It provides both a compelling business case for the need to focus on new leader assimilation and an innovative set of tools and approaches that will help organizations integrate and retain their top executives. "Assimilating New Leaders" starts with specific strategies for ensuring a successful recruitment process, then outlines a four-stage process for weaving a new executive seamlessly into the fabric of an organization.