Executives need help learning the ropes too

It’s the stuff they don’t talk about in orientation that helps most
By David Brown
|Canadian HR Reporter|Last Updated: 05/27/2002

The story is too familiar. A new executive is brought into the organization with high expectations but within a year has quit, been fired or completely failed to meet expectations.

Executives fail as much as 40 per cent of the time and having someone come into an important senior position and fail is an expensive proposition, says Peter Warshaw, a Toronto-based corporate psychologist with management consultants RHR International. Yet very few organizations provide new executives with the assistance and support they need to be successful, he adds.

Executives who get structured and ongoing assistance to help them integrate have a much greater likelihood of succeeding and therefore adding value to the organization, he says. “We really think (executive integration) is a competitive advantage,” he says, but very few organizations are doing it.