Can you afford not to?
I've been talking to a few people about the 100 day plan and one of the questions that's cropped up is why an organisation would support an individual to induct themselves in this way.
It's a big investment in time and money and may be seen as a delay to getting business done.
I get that, but when you take into consideration that 50% of executives fail within the first 18 months of being in post AND it costs two and a half times the salary to re-recruit into that post... can organisations really afford not to support their new starter to make the right impact?
Having a 100 day plan is a business win for the organisation too.
Aside from the costs and considerations that come with hiring a replacement. Organisations will also benefit from:
Time saved as the new starter adapts to the organisation in a more planned and purposeful way
Improved employee satisfaction due to the emphasis on relationship building
Improved performance as people understand where the organisation is going and their role within it.
If you're recruiting to a senior leadership post in your organisation and want to have a chat about how a 100 day plan can help you and your new recruit then book a free inspiration call.