Establishing an aligned team is often the most challenging aspect of beginning a new executive role. It’s also the most important. The quicker you assemble a successful department, the faster you can begin implementing improvements in your critical first 100 days.
See Also: Creating a Roadmap for the First 100 Days of Leadership
To effectively do so, keep in mind that an engaged leader learns more quickly what needs to be done in the business. These insights will inform the initiatives that match the needs of the business that employees are more likely to buy into.
Plan Ahead For Your Department
The first few weeks are critical as you perform a deep dive on the business. As you work on your roadmap, understand not only current employee skills and performance, but how they fit into the future of the business. Consider if current roles align with the investment thesis and overarching strategy. Identify who to keep, who to develop, and who may need to leave.
It is important to note that while quick wins are important, focusing too much on the short-term is a mistake. Start creating plans for continuous improvement and performance management now that aligns with exit targets. To ensure that you are retaining key talent, maintain communication with those who have demonstrated potential and you plan to keep.
Manage Change Effectively to Mitigate Turnover
Any organizational changes should have the buy-in of your sponsor. Share your strategies about changing organizational structures immedia...