What is an Executive Onboarding Plan?
An executive onboarding plan is a strategic plan created by HR teams and executive leaders that outlines the goals and objectives for onboarding new executives into the organization. It focuses on creating an effective onboarding program that reduces the onboarding timeline and increases the onboarding completion rate. The plan also helps to create a culture of inclusion and collaboration by increasing diversity in the executive team and fostering an open and collaborative environment. Additionally, the plan includes performance management measures to measure and track executive performance and set clear performance goals.
What's included in this Executive Onboarding Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Executive Onboarding Plan template for?
This executive onboarding plan template is designed for executive leaders and HR teams in any industry that wants to onboard new executives into the organization. It provides a comprehensive framework for creating an effective onboarding plan and is designed to help teams create a plan that is tailored to their specific needs and goals.
1. Define clear examples of your focus areas
The executive onboarding plan template outlines three main focus areas: onboarding, culture, and performance management. Each focus area has its own set of objectives, actions, and measures that can be customized to meet the needs of the organization. It is important to define clear examples of each focus area in order to ensure that the plan is effective and tailored to the organization.
2. Think about the objectives that could fall under that focus area
Under each focus area, it is important to think about the objectives that should be included in the plan. Examples of objectives could include creating an effective onboarding program, reducing onboarding timeline, increasing diversity in the executive team, fostering an open and collaborative environment, measuring and tracking executive performance, and setting clear performance goals.
3. Set measurable targets (KPIs) to tackle the objective
For each objective, it is important to set measurable targets (KPIs) that can be used to track progress. Examples of KPIs could include increasing onboarding completion rate, reducing onboarding timeline from 3 weeks to 2 weeks, increasing the percentage of minority executives, increasing the number of cross-team projects, increasing executive performance evaluations, and increasing the number of performance goals set for each executive.
4. Implement related projects to achieve the KPIs
Once the objectives and KPIs have been set, it is important to implement related projects in order to achieve the desired results. Examples of projects could include developing a structured onboarding program, streamlining the onboarding process, increasing communication and collaboration, and developing performance goals for each executive.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform is a powerful tool that can be used to manage, track, and analyze each of the objectives, actions, and measures outlined in the executive onboarding plan. The platform helps teams see faster results from their strategy by providing real-time insights into progress, making it easier to adjust the plan as needed.