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2010 Annual Report
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Greetings!
Welcome to the 2010 Annual Report edition of the Leadership Guide.
Throughout 2010, almost without exception, every leader TransitionGuides worked with faced challenges and reported working harder to stay in existence and remain sustainable. This was a sobering wake-up call.
The results in our opinion are mixed and include:
- Higher risk of burn-out among leaders, particularly long-serving ones.
- Delayed and deferred decisions among executives and managers about retiring or cutting back due to financial uncertainties, impacting the executive, those looking to move up and in some cases the overall vitality of the organization.
- Boards responding by either stepping up and becoming more effective or becoming overwhelmed and pulling back or withdrawing.
- Leaders and organizations becoming more focused on what is central to their mission and letting go of nice but not necessary activities.
TransitionGuides responded to the needs and goals of our clients by diligently focusing on working with and supporting leaders and organizations along the continuum of personal and organizational preparation for succession, sustainability planning, executive transition, and search. As a result, our three most important innovations for 2010 include:
- Combining our sustainability and succession planning for organizations with executives planning to leave in 2-5 years
- Expanding our executive search service to include senior executives
- Working with clients to reduce the cost of executive search
Leadership will always be the key to achieving the changes we seek. Our Annual Report highlights how some of the leaders and organizations with whom TransitionGuides had the privilege to partner with in 2010, exemplified resilience, focused attention on their mission, ensured their sustainability and made the best of the truly challenging times.
Best wishes for a thriving and leaderful 2011!