Supporting Executive Transition and Outplacement During a High-Profile Restructure for a Leading Regional Transport Provider
The Brief
A major regional transport provider, underwent a significant organisational restructure following high-profile investigations and leadership changes. The restructuring process, which included government involvement, reduced the executive team from 11 to 6 positions.
This change left current executives with the choice to apply for roles within the new structure or transition out of the organisation. Future Leadership™ Advisory partnered with the organisation’s Chief People Officer (CPO) to design a tailored transition program that would provide essential support to executives during this challenging time.
Improvement in Performance
Studies show that executives who receive coaching report a 70% improvement in work performance, according to the International Coaching Federation (ICF).
Faster Reemployment
Outplacement services and career transition coaching can reduce the time it takes for displaced employees to find new jobs by 50%, according to a study by RiseSmart.
The Process
Working closely with the CPO, Future Leadership™ created two distinct support packages for the impacted executives:
- Coaching for Application and Interview Preparation: For executives who wished to be part of the restructured team, we provided individual coaching sessions to help clarify their aspirations and prepare them for the recruitment process. This included CV refinement, application support, and interview preparation. This was particularly beneficial for long-tenured executives navigating a competitive internal and external application pool.
- Outplacement Support for Transition: For executives who either opted out of applying or were unsuccessful in securing roles within the new structure, we offered extensive outplacement support. This aimed to help them transition positively and prepare for opportunities beyond the organisation.
Throughout the process, Future Leadership™ ensured that all executives received fair and objective support, fostering a positive transition experience regardless of the outcome.
Future Leadership's Average Participant Indices Across Coaching & Transition Clients
89% Outplacement coaching success
89% Increase in confidence
95% Recommend our services
The Outcome
Future Leadership™ successfully guided the executive team through the restructuring process, providing the necessary support to help them make informed decisions about their career paths. Key outcomes included:
- Successful Role Securing: Some executives successfully secured positions within the restructured team, supported by our coaching to confidently transition into their new roles.
- Positive Outplacement and Transition: For those moving on, our outplacement support enabled a smooth transition, helping them to secure alternative employment aligned with their career goals.
- Fair and Objective Process: The organisation appreciated the transparent and objective approach, which reassured executives that their contributions were valued regardless of the restructuring outcome.
Feedback highlighted the value of Future Leadership™ role in providing critical support during a time of significant organisational change, enabling executives to navigate the transition with clarity and confidence.
