Summary
Following is an overview of our Leadership Transition Services. Just one of the many services we offer. Select each item below for more detailed information on each component.
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Leadership Transition
Transitioning into a new leadership role is challenging - and often unsuccessful. Multiple studies report that within 18 months of assuming a new leadership role, approximately 40% of leaders produce disappointing performance, voluntarily transfer from that role, or terminate employment.
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Today’s rapidly changing business environment heightens organizations’ expectations of leaders, while decreasing patience for results. New, and newly promoted leaders are expected to quickly impact performance. Honeymoon periods are out the window. Added to today’s business challenges is the current wave of baby boomer retirements. In such an environment, leadership transition failure can be costly given the impact it has on other personnel and the resulting delays in achieving critical business objectives.
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Regrettably, organizations often fail to devote the necessary resources to ensure successful leadership transitions. One McKinsey study found approximately 80% of the U.S. and global leaders that they surveyed reported being unprepared for their new leadership role. Clearly, more can be done to ensure that leadership transitions achieve their full potential.
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Greentree Consulting, Ltd.’s Leadership Transition Services promote successful leadership transitions by improving leaders’ abilities to manage the planning, personnel, team, and cultural elements of their new leadership role. These services - available before, during, and after a transition - help new and experienced leaders plan and execute a successful transition. The services are named Discovery, Preparation, Engagement, and Alignment and they can be bundled, creating a synergistic effect, or implemented separately as a stand-alone service.
Following, is a brief description of the four services. They are described in more detail elsewhere.
Discovery
This service is designed to help organizations evaluate the effectiveness of their current leadership transition practices. Centered around the Discovery Questionnaire, this assessment process obtains feedback from company leaders who are currently, or have recently, transitioned into a new leadership role.
Preparation
This service is designed to provide leaders with tools and tactics for clarifying management expectations and priorities, learning about their organization and department, building productive partnerships with key stakeholders, assessing team and team member cap abilities, clarifying stakeholder expectations, and developing a shared team vision.
Engagement
This service is designed to promote discussion and understanding between the team leader and his or her team members. This team engagement meeting gets teams and their new leaders off to a productive and collaborative start.
Alignment
This service is designed to clarify team priorities, the actions necessary to attain them, measures to track performance, and a process for doing so. Our Alignment assistance ensures discussion and clarification of team goals, tactics, measures, and individual responsibilities.
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Coaching
Transition-related coaching is included as part of the Preparation, Engagement, and Alignment services previously mentioned. However, coaching is also available as a stand-alone service if desired. Working with their Greentree Consulting Ltd. coach, leaders receive individualized assistance in planning and problem-solving transition-related actions and issues.
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Boosting Team Commitment and Accountability With Measurable Team Goals
Given the risks and potential costs of leadership transition failure, it is critically important to minimize that risk by ensuring clear, agreed upon team goals and an effective means for measuring, reviewing, and maintaining team progress on those goals.
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