The freshmen assessment: ensuring that your incoming executive talent quickly makes the grade

Abstract

Purpose

The purpose of this paper is to improve the transition process for key senior executives.

Design/methodology/approach

The paper is based on over 25 years of observations regarding effective and ineffective executive transitions.

Findings

The author identifies five critical components of successful executive transition: surface and eliminate false assumptions; appoint a transition coordinator; develop a transition plan with the new executive; develop a transition plan with the executive team; and review the plan and metrics with all stakeholders while making any changes needed. The author also points out important transition milestones to be observed in a successful transition; The new executive should assess and choose his team, assess the new organization, articulate a vision for the future and establish open, two‐way communications.

Originality/value

This paper is of value to C‐level executives responsible for hiring staff, senior HR staff and new executives.

Citation

Michaud, G. (2011), "The freshmen assessment: ensuring that your incoming executive talent quickly makes the grade", Business Strategy Series, Vol. 12 No. 1, pp. 37-40. https://doi.org/10.1108/17515631111100403