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Executive
Coaching
The pressures on all parts of an organization for
business results are enormous. And nowhere is that pressure
more intensely felt than in the leadership team. While
training and development are standard tools to build
performance for mid-level managers and employees, the members
of the leadership team are generally left to fend for
themselves.
At
some point in their careers, most executives find themselves in a "high impact" management or leadership
role for which technical talent, business knowledge and
experience only partially prepare them. In this role, strong
performance requires increasingly sophisticated and effective
interpersonal management, political and communication
skills
¾skills that will enable them to successfully assess and
respond to the needs of their subordinates, peers, superiors,
customers and organization.
While
these executives bring with them a predominance of strengths,
technical skills and natural abilities, most will have "blind
spots" or development needs that may, if not identified and
addressed, prove to be barriers to their success as their team
playing, people management, and leadership roles become more
complex and demanding.
Our company specializes in executive coaching that
links individual effectiveness to organizational performance.
We help organizations retain top talent, enable executive
teams to improve leadership performance and employee
productivity, support senior executives responsible for making
crucial business decisions and achieving business outcomes and
minimize the risks associated with leadership assimilation,
leadership derailment and organizational change.
To
obtain a copy of The
Most Common Questions People Ask about
Coaching,
simply send an e-mail request to lali@ekward.com.
For
more information, contact E. K. Ward & Associates at 716-626-1188 or
please click
here.
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OI
Partners -
E.K. Ward and
Associates January
2005 Newsletter
Happy New Year!
2005 is a promising year for our industry. With the
economy on the upswing and the labor market making
significant improvements, demand is high for qualified,
senior leadership. OI Partners looks forward to helping
our clients strengthen your organizations in many
ways.
One way we can do that is by making sure succession
planning is top of mind for our clients. According to a
survey by Development Dimensions International and Chief
Executive magazine, 39 percent of respondents do not
have a succession plan in place for senior leadership
positions. When you consider the fact that many
executives will soon retire, the fragility of life or
the ease with which executives, given the right
opportunities, could transfer companies, it seems
necessary to have such a plan in place.
This issue addresses the topic in some depth. We
discuss ways to prepare future executives to take the
helm, what to consider when choosing a successor and
steps to take when implementing a succession plan. As an
interesting addition, we have included an article on the
changing nature of today's CEO: CEOs are becoming much
less like "celebrities" and conducting themselves and
their organizations with more integrity and quiet
charisma.
We encourage you to make your company's succession
plan an important consideration in
2005.
Sincerely,
Anne Mahoney
Glose
OI Partners
(Williamsville,
NY)
Please
click on the links below to read the complete
articles.
FIRMS SEEK BEST WAY TO TRAIN FUTURE
EXECUTIVES NUMEROUS SURVEYS confirm that a
potential business leadership shortage looms.
Executive Development Associates recently surveyed
100 representatives of Global Fortune 500
companies on the topic, and an overwhelming
majority of respondents indicated that lack of
depth in leadership talent was a major barrier to
future growth. There are many reasons for this
shortage: years of downsizing, early
...
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How To Choose Your No. 2
It's no small task to find someone who is
content to complement you now-with the skills to
take your job later. If you're only as good as the
team you've assembled around you, then few
decisions could be as important as who will be
your No. 2. Just ask Douglas Daft, whose lack of a
capable successor sullied his departure last
spring from Coca-Cola.
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Days of the Supercelebrity CEO Are
Over One of the few concrete means of
measuring our view of leaders CEO pay implies that
little has changed. It is rising at an even faster
rate, and can still be hidden by complicated
options schemes. What was 42 times the average
worker's salary in 1980 is 531 times today.
Europeans were as irate over the 6 million package
offered ...
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Succession plan key for
entrepreneurs Some companies have written
procedures while others are more informal. NEW
YORK -- As the leading edge of baby boomers moves
toward retirement, many with small businesses need
to start thinking about succession plans or exit
strategies. Succession planning means more than
deciding who to sell the company to. A plan should
be written years before an owner is likely to
sell, and it should also ...
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Succession Planning Lags
More than one-third (39 percent) of senior
executives polled in a recent survey admitted they
have no succession management plan in place for
senior leadership positions. This is true in spite
of the fact that 88 percent of CEOs think
executive talent management issues are important
to their boards, and 93 percent consider
succession planning moderately to highly important
to the organization's
...
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To learn more about OI Partners,
please click
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