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Leadership transition - preparation key to success

Dr Peter Fischer of FGi argues the need for targeted onboarding... 
Leadership transition has been an issue of key importance to companies for decades now. In the past several years, however, many companies have realized that strategic use of leadership transition creates new opportunities for change.
Targeted leadership onboarding processes can do much to help companies satisfy the following three needs:
Firstly, far-reaching changes can be systematically prepared, initiated and implemented through leadership transition.
Secondly, globally operating companies need a leadership team that thinks and acts globally. A well planned and prepared leadership transition process helps new leaders adapt to the demands of modern companies quickly. 
Thirdly, employees with potential and talent are valuable resources for a company. 
 
Targeted use of leadership transition programs provides more systematic support for nurturing existing leadership potential. In turn, this increases motivation, makes talented workers more loyal to the company and minimizes their willingness to seek employment elsewhere.  
In order to satisfy these needs in a professional manner and to leverage the full potential of executives, it is essential to establish leadership transition as a total solution package in the company and not seek individual solutions for executives. Professional leadership programs must become a part of the company’s corporate and leadership culture.   
 

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Dr Peter Fischer is an industrial psychologist and psychotherapist. He is the founder of FGi and for more then 15 years has supported senior executives in taking over new assignments, in change processes and in personal transitions. In his book The New Boss, published by Kogan Page, Dr. Fischer describes the typical challenges faced by executives during strategic leadership onboarding processes, taking an in-depth look at the characteristics and phases of such transitions. He furthermore describes the factors that play a key role in determining the success or failure of leadership transitions, using them to develop a concept for a successful approach to leadership onboarding. 

 

 

Story added Oct 30, 2008