Leaders in Transition Coaching Program Failure is costly. An executive who doesn't measure up costs the company big bucks. The price tag of an unsuccessful executive can easily top 1 million dollars. With decreased productivity, loss of board and market confidence and severance fees, the situation is disastrous. Not to mention humiliating and extremely difficult for the executive who is left wondering what happened. The skills that helped you be successful in the past are not good enough in a new role. Why does it happen so frequently and how can it be avoided? Top Five Reasons Leaders Fail 1. Getting behind the learning curve - The leader doesn't have a way to integrate all the new information coming at them. They then focus on a comfort zone or a hot area, thereby getting behind the learning curve in other, potentially critical areas. 2. Being Isolated - Leaders get into the financials and production schedules and don't meet the people. Leaders need to be seen. 3. You have the answer - Coming into a new environment with the answers from the last role is a sure flame out factor in transitions. 4. Always being the number two - Always a bridesmaid and never a bride. If the leader has been brought in with the intention of being the successor to the boss or founder, there are many pitfalls waiting for him or her. The new leader needs a net under the career tight rope in order to be successful. 5. I can do it all syndrome - Trying to take everything on at once. The first 90 Day Accelerator program will assist with developing a road map to help leaders focus, achieve some early wins and learn the key parts of the transition that need to be understood. How to avoid failure with an Executive Coach The ROI of executive coaching has been noted as being between 300% and 800% over a one year period. An Executive Coach will help you accelerate the steep learning curve of becoming an incredible leader. You'll learn how to acknowledge your toughest problems, think them through and solve them. Your coach will walk you through the process proven for success. Here are 4 Key Accomplishments for the First 90 Days. These are MUST DO'S! 1. Learn what you need to know about the following company aspects: •  Technical •  Cultural •  Political 2. Study the product or technical areas such as: •  Unfamiliar markets •  Technologies •  Company processes •  Company systems 3. Find out about the company culture (The most difficult for many executives) It's extremely important to discover: •  how decisions are made •  how power is used •  what the corporate values are (stated) •  what is valued within the company (demonstrated) •  behavioural expectations 4. Understand company politics. Find out: •  the informal modes of communication (the meeting after the meeting) •  Alliances •  Formal structure and shadow structure How does Executive Coaching work? •  One-on-one coaching gives you the opportunity to focus on your specific needs. The role of an executive coach is to listen, observe, ask questions, and provide feedback. A coach will suggest “practices” to complete between sessions that will be closely related to your goals. You're in control of the process, so it's all about you. This way, you accomplish your goals faster and have more time for the things you love. •  Develop an effective and efficient plan for the future. When you know where you want to go, it's easy to gain clarity and focus. Suddenly, you'll be motivated to move forward because you can see the big picture! Take action with confidence and realize your full potential. •  Coaching is private and confidential. That means you can open up to your coach in a way that's impossible at work or home. A coach is unbiased and gives you the perspective you need to set realistic and attainable goals. An executive is often isolated and can't just chat around the water cooler like everyone else. It's incredible to have a reliable thinking partner, like a coach, you can trust. •  Team coaching is an effective way to get your team fully functioning very quickly. Working with the broader team at the right point in the transition can increase the alignment with the leader and get everyone on the same page much faster. The team can then model the way for their respective teams which increases ROI through action.