Fast Track Assimilation….making the most of the first 100 days
Hiring people is always a challenge for any business. This is particularly so, when hiring at a senior level. Finding a new head of function or CEO is difficult. But once sourced, the next step is to ensure that this is a successful move for the business and the new hire. PSD Partners’ Fast Track Assimilation process answers just this need.
The challenges facing a new senior executive in those first months can be overwhelming. There is a need to quickly understand the organisation’s structures and culture. There is also the need to quickly define and set the priorities for the new role. It is imperative too for the new senior hire, to rapidly build credibility within their peer and wider stakeholder groups. Additionally, they need to get to know their team and manage their expectations. The quicker they get a handle on all these important areas, the sooner they can focus on the issues and challenges facing the organisation.
Fast Track Assimilation recognises that with an increasing volume of data and information to be absorbed, achieving early wins, in that critical first 100 days, can seem like a daunting task for any new executive. The extent of this task is magnified for a new ‘C’ level executive and / or a move into a different industry or sector, together with challenges imposed from competitors or the market environment. Since failure is not an option, organisations must develop strategies to fast-track senior new hires’ assimilation into their new company, to realise their investment in hiring a new senior executive.
The PSD Partners’ Fast-Track Assimilation enables new senior hires meet this ‘integration’ challenge.
Fast Track Assimilation: a process that works
Fast Track Assimilation is a unique process of support for any new senior hire. It is about working to have the initial transition period, as successfully as possible for both the new hire and the company. The key is that this is a defined, measurable and accountable process that works with a finite period – the first 100 days and ideally begins before the new hire joins the company.
The process starts when the company has made a hiring decision, contracts have been signed and a start date is agreed. PSD Partners working with the company, the new hirer’s peer group and their team to understand the organization, its challenges and any specific relevant information. We also get support from people from the new hirers past, former colleagues, bosses, and even customers. This information gathering is about understanding areas of support and develop that the new hirer will need to adjust and integrate as quickly and as seamlessly as possible, into their new organisation.
This is a collaborative process which works within agreed areas of focus. But it is a real live time process, adjust as parameters are met and goals achieved and is flexible to adjust to shift dynamic situations that almost always defines this period adjustment and assimilation.
This is an assimilation process is not about solving every problem nor about ticking boxes in a process. The new hirer will be challenged and stretch in this first 100 days to achieve those ‘wins’ possible and set down a plan of attack to address the issues and challenges in the months ahead.