Tailored Outplacement Support for Senior Executives in a Charity Organisation. Future Leadership Enabled Positive Career Transitions Amid Structural Change
The Brief
Following the appointment of a new CEO, the charity organisation conducted a review of its structure to align with budget requirements. This resulted in two executive roles being made redundant.
Both executives had significant tenure with the organisation and were unprepared for the structural changes. Future Leadership was engaged to provide outplacement services to support their transition into new roles.
Improvement in Performance
Studies show that executives who receive coaching report a 70% improvement in work performance, according to the International Coaching Federation (ICF).
Increase in Employee Retention Rates
Companies that offer coaching and transition programs during restructuring or layoffs see a 60% increase in employee retention rates, as reported by the Human Capital Institute (HCI).
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.
Higher Return on Investment (ROI)
The ICF reports that companies receive an average return of A$11.85 for every dollar invested in executive coaching.
The Process
Future Leadership partnered with the organisation to provide tailored one-on-one coaching for the executives.
A senior coach worked with both executives individually to help them process the change and transition positively. The coach helped the executives craft and manage the messages they delivered internally and to the external market. The coach supported the executives to quickly move through the range of emotions they felt, to transition to a positive and forward thinking mindset.
The executives were then able to see this change as an opportunity for them to stop, reflect and plan the next stage in their career.
Using a variety of assessments and tools, each identified their personal goals and values, and what impact they wanted to make in the world. We then identified their unique value proposition and created job search collateral such as CV, LinkedIn profile & a networking list.
The executives decided on different career pathways.
Future Leadership's Average Participant Indices Across Coaching & Transition Clients
43% Increase in Self Awareness
Individuals’ awareness of motives, values, strengths and development needs
27% Increase in Motivation
Individuals’ motivation to apply learning, insight and further develop
29% Increase in Confidence
Individuals’ confidence in their abilities and impact as a leader
32% Increase in Role Clarity
Individuals’ clarity around success factors associated with their role
The Outcome
Both executives successfully transitioned to new career paths and expressed satisfaction with the outcomes.
One executive joined a government advisory organisation to advocate for their passion, while the other embarked on self-employment. Feedback highlighted the significant impact of the coaching on their ability to move forward positively and recognize their professional worth.
Thank you for your help and support. Working with you enabled me to see a path forward and to realise my worth and value at a time when I doubted it.
Having you as a guide to help me focus and answer my questions, made all the difference.”