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Every time an organization merges with another ... or a company restructures its operations ... or a reduction in force is made ... or an individual moves into a new kind of job ... a transition occurs. Transitions are major investments and demand high returns – usually step-changes in performance. But few deliver these results. 66% of newly-transitioned companies perform below the industry average. 40% of new CEOs fail in the first 18 months.
Transitions are tough to get right because their success depends on people, and people are complex, emotional beings. Transitions are times of heightened emotions where small differences in what is done can lead to vast disparities in perception and performance. Meeting the needs of those who leave, while continuing to inspire high performance in those who remain in the business, is challenging. Motivating and aligning employees with an organization’s business goals is a complex and uncertain process that can overwhelm even experienced leaders.
There are, however, tried and tested ways to help people and the organizations in which they work transition at speed and scale. The results can be astonishing: Myecareer’s customer organizations have experienced growth at 10 times the market rate and seen employee motivation leap 30% or more. When human capital issues are carefully managed, success rates for organizational restructuring leap from an average of 35%-55% to nearly 90%. And individuals talk of their whole lives – and their careers – being turned around.
A successful career transitions initiative can yield outstanding results! |
