• Onboarding Strategies to Boost Performance and Improve Retention

  • Sep 26 2024
  • Length: 5 mins
  • Podcast

Onboarding Strategies to Boost Performance and Improve Retention

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  • Summary

  • In this episode of Growth & Exit Digest, Mike explores effective onboarding strategies to enhance a business's value by improving employee performance and retention. He outlines crucial steps starting with pre-boarding, where employers engage future team members with welcome packets, through to continuous feedback gathering. Mike highlights the importance of a positive first day experience, clear communication of the company's mission and values, and structured training. He advocates for mentorship programs, setting manageable goals, and fostering social integration as key strategies. The episode emphasizes collecting feedback for refining the onboarding process and points at these effective practices as essential for overall business success and boosting business valuation for a prospective sale.
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