Many companies are quick to reduce headcount when economic headwinds appear, but they risk weakening their businesses. The pattern has become painfully predictable in recent years: As the economy shows signs of a slowdown, companies hand out layoff notices to stabilize profitability and calm investor fears.
Executive Career Transition Services
However, in a strong economy, we have seen layoffs surging in some industries such as tech and professional services companies grappling with slowing demand and mixed economic signals. Downsizing during a healthy economy can help lay the foundation for efficient growth or make space for new roles that harness newer technology, such as artificial intelligence. In 2024, companies across wide industries globally have also announced staff cuts in reaction to slowing or declining demand.
Our executive career transition services were developed to serve the organizational need of transitioning employees which is inevitable due to changes in organizational and business strategies, mergers and acquisitions, or simply due to changing business and career-life stages. Whatever the cause of the transition, companies that care about their brand reputation partner with us to provide transition coaching support for employees as they begin their transitions to a new position, a new career, or a different managerial leadership role.
Outplacement and executive career transition services are specialized programs that support employees during job transitions, particularly when they are leaving an organization. These services are designed to help individuals navigate the job market, refine their career goals, and secure new employment opportunities.
In addition to our work with individual employees, our transition process management services provide advisory support and training for senior executives and managers who must plan and prepare for transitions that affect their employees throughout the organization. For further information on this service, please contact us.
Our Executive Career Transition offers expert career coaching for senior-level executives searching for a job or considering a career change. Our career transition process offers comprehensive, high-touch services to help these individuals develop personal career strategies that take them beyond the next position and closer to achieving long-term goals.
Each executive’s process is highly personalized and is designed to match needs, timetables, and desired results. We even help each executive identify and target appropriate opportunities and contacts, establishing a strong foundation for future career growth.
Career Assessment and Planning
Career planning is critical to the success of today’s executive who is seeking to expand current options for growth, development, and career advancement, but who may or may not wish to make a career move now. The program primarily focuses on calibration, preparation, and action planning to achieve long-term career goals.
The strategic career planning process allows these executives to apply decision analysis to the full range of available options, including adjustment to their current roles, advancement opportunities, or retirement.
Deliverables of Executive Career Transition Services
Our Executive Career Transition process carefully considers senior executives’ diverse transition needs helps them identify appropriate career situations and evaluates opportunities. Services may include:
Phase 1 – Career and Marketability Assessment: Includes a career review with a Career Coach or Executive Coach. This interaction clarifies skills, interests, motivation, and other personality characteristics that influence appropriate career directions.
Phase 2 – Marketing Plan Development/Personal Preparation: Focuses on marketing and preparation and includes setting goals, developing a marketing plan, resume completion, networking training, communication enhancements, and interview preparation and training. (See Table 2 for details)
Phase 3 – Search Guidance and Management: The third phase of our executive transition management program includes customized career and search coaching, as well as consultation.
Benefits of Executive Career Transition Services
- Hands-on, highly customized process focuses on action and accountability
- Offers an alternative to traditional outplacement firms, featuring a comprehensive, personalized strategy unique to the executive
- Focuses exclusively on senior-level executives, with services to accommodate their complex needs in different career stages
- Provides sound coaching and career advice by senior Executive Coaches and Consultants with extensive years of experience in executive search and executive outplacement
- Helps each candidate develop a career strategy that takes him or her beyond the next position, based on long-term goals
- Increases effectiveness of newly appointed leaders or leaders assuming expanded roles