Research on Induction process and how to implement it in startups

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How to implement a formal induction process in an informal start-up environment? Natalya Prilipko for GGMBA Managing Organizations 2014

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Research on Induction process and how to implement it in startups

Transcript of Research on Induction process and how to implement it in startups

Page 1: Research on Induction process and how to implement it in startups

How to implement a formal induction process in an informal start-up

environment?Natalya Prilipko for GGMBA

Managing Organizations2014

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- Alvin Toffler

Future shock is the shattering stress and disorientation

that we induce in individuals by subjecting them to too much change in too short a time.

from BrainyQuote

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Focus on:● What is induction?

● Why is induction important for an organization?

● Best practices in Hi-Tech companies

● Structured onboarding for an unstructured

start-up

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What is induction?

Sample induction processfrom www.inspiringenterprise.org

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Why is induction important?● Create a good first impression● Employee can start contributing faster● Talent retention and reduced replacement

costs and hence reduced turnover● Operational efficiency

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Replacement costs● Manager’s time ● Recruitment costs● New hire costs ● Training costs ● Lost productivity costs ● Lost sales costs

REPLACEMENT COSTS

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Discover IBM

Share & Connect

Grow my

career

Find support

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Intensive orientation

Extensive knowledge database

Bold thinking & Inspiration

Socializing & Fun

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Positive 1st day

experience

Welcome gifts

Volunteers (retirees)

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Best Practice

Plan for long-term

Organize & Customize

Develop employees

Humour

Positive 1st day experience

Guidance

Fun

Transparency

Inspiration

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The Bad

Global Green MBA

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How to implement onboarding in start-ups?

START-UP

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