MHS Consulting works with clients during many different phases of executive transitions: succession planning, interim placement, executive search, and coaching. We often find that, while planning and preparation for the transactional aspect of the executive transition are anticipated and thought out, the more personal dynamics of transition are overlooked.
“There’s little information available on the personal and psychological dimensions of transitions from the vantages of the outgoing CEO,” says Rick Stiffney, MHS Consultant and former CEO of MHS. Strategies to off-board and onboard executives are developed, and advice is to “end well” and “exit gracefully.” But what, exactly, does that mean? What does it look like for individuals, boards, and organizations?
Exiting leaders have the responsibility to not only prepare the organization for transition, but to prepare themselves for the next stage. Boards need to ensure they have developed an on-boarding process that clearly defines roles and expectations. And at this year’s LeadingAge National, we will be exploring this important topic.
“How well an executive leaves a position is one of the most important and critical leadership legacies an executive can give to an organization and to the incoming leader. Ensuring a positive and smooth transition requires a deep understanding of how to exit gracefully with great thoughtfulness,” says Karen Lehman, current CEO of MHS. “Our session will explore the important emotional and intellectual work needed to prepare for executive transition.”
What do you think is often overlooked during executive transition? Join us in Philadelphia for an in-depth conversation with past and current leaders, experienced consultants, executives, and board members who will discuss how they navigated their own transition. Our session will be held on October 29 from 8 a.m. to 9:30 a.m. We hope to see you there!
MHS Consulting Managing Director