Customised Outplacement Programs Facilitate Smooth Transitions for Executives and Managers at Leading State Safety Organisation
The Brief
A state safety organisation responsible for overseeing the rectification of safety issues in public infrastructure faced continual changes that led to outplacement needs for several members of their executive and management team.
The organisation sought to provide tailored support for these individuals to help them transition smoothly 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 recommended customised transition programs for each of the seven members of the executive and management team. The program included:
- 6-Month One-on-One Coaching Program:
Each participant engaged in one-on-one coaching sessions over six months, guided by a robust transition framework. - Career Diagnostics:
Participants completed a career diagnostic, resulting in a personalised report outlining the most beneficial areas of the Career Accelerator platform for their needs. - 24/7 Access to Career Accelerator Platform:
Participants had continuous access to a contemporary video coaching platform, offering resources relevant to securing new employment. - Monthly Progress Reports:
The organisation received monthly reports detailing the progress of each participant and updates on when and where they secured their next roles.
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
All participants successfully secured alternative employment following the outplacement program.
The tailored approach ensured that each individual was well-prepared and supported throughout their transition, leading to positive outcomes for both the individuals and the organisation.
