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Redworks Blog (all posts)

Local Business Leader Transition Research Finds that Businesses Could Lose Millions

NEWS RELEASE

November 18, 2020

Saskatoon – The retirement exodus of about 3.3 million Canadian employees over the next decade will have an impact on business continuity, financial stability, and business growth.

Kathleen Ozmun and Marielle Gauthier, both experienced professional leadership coaches, conducted discovery research focusing on retiring and incoming leader transitions in Saskatoon.

“A change in leadership is a time of flux and change for everyone – the leader and the team,” says Marielle Gauthier, Redworks Communications and Coaching. “These transitions create potential risks at every level of the organization and profitability, productivity and positivity can be negatively affected.”

The report found that the financial costs to the businesses if the transition failed were significant – from tens of thousands to more than $3 million dollars.

“When a transitioning leader struggles, the impact goes beyond individual performance,” says Kathleen Ozmun, Crossing Point Coaching and Consulting. “The leaders’ struggles and the lack of a transition support plan can affect the business services to the point that whole programs are in jeopardy.”

Based on the findings, there are opportunities for greater attention to better manage the transition for the retiring and the incoming leader and from one leader to another.

It is paramount that businesses look at decreasing and preventing some of the challenges as stated in the findings, to ultimately lower the risks, increase productivity and quality of work, and foster better stakeholder relationships, all of which impact the bottom line.

Ruth Kinzel, PhD, CPHR, Kinzel Cadrin & Associates Consulting says that the research provides rare insight into the lived experience of local leaders in transition. Kinzel also states there is a backlog of unaddressed transition issues in every sector, the costs of which continue to accrue and it is in the best interests of organizations and the people within them to move forward proactively.

“The stakes are high and the wave is upon us and these research findings can inform your way forward. Gauthier and Ozmun identify key issues as well as productive ways to address transition challenges,” says Kinzel.

The study findings included challenges and struggles of the leaders; impacts and potential risks to the organizations; levels and types of supports in place and the financial costs if transitions failed.

Business owners can create successful transitions for both their organization and their new leaders by establishing consistent key practices. Starting in January, Gauthier and Ozmun are offering interactive practical learning and implementation sessions. Their goal is to support organizations and individuals to understand their transitions, mitigate risks and design customized strategies.

Download the report at https://www.powerupyourretirement.com/leadership-transition-research or https://crossingpointcoaching.com/leader-transition

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Please contact:

Marielle Gauthier

306.370.6284

marielle@redworkscoaching.com

 

Kathleen Ozmun

306.717.4471

kathleen@crossingpointcoaching.com

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Redworks Blog (all posts)

Is your business ready for the baby boomer leader retirements?

Canada is in one of the biggest demographic waves in the country’s history – the baby boomers have begun the transition into retirement.

How will the boomer retirements impact your business? What is at risk for your organization? Is your business ready for the leader transitions that will take place? What are the challenges that retiring and incoming leaders are facing with their transitions as they exit, enter or move into a leadership position?

Joining forces with Kathleen Ozmun, a Team Strategist, we conducted discovery research focusing on retiring and incoming Saskatoon leaders and their transitions as they exit, enter or move into a leadership position.

Join us as we share our findings. Register for this free presentation at
https://www.powerupyourretirement.com/leadership-transition-research

 

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Maximizing Your Potential Redworks Blog (all posts)

Are Your Core Values in Action?

core-values[1]Our personal values are deeply held beliefs of what is truly important in our lives. They are the guiding principles that form the foundation of our personal standards and guide our decisions and behaviours in our day to day lives as individuals and leaders.

Each of us has his/her own personal set of core values that are usually instilled in us at a very early age. Influencers include our parents and family, friends, peers, teachers, coaches, religious leaders, education, and our own life experiences.

Subconsciously or consciously, our core values impact every aspect of our lives. If you truly know what you stand for and what you value, you will be more focused and able to make decisions more quickly, and with clear direction. If you don’t know what your values are or if they are ambiguous, you will struggle in making decisions in your life.

Our values are in action through our personal and work behaviours, decision making, contributions, and interpersonal interactions.

Do you know what you stand for as a person and as a leader? Have you thought about what is truly important to you?

Kevin Cashman, author of Leadership From the Inside Out,  says that many of us could automatically recite a list that would include family, working hard, making a difference, serving others, etc. But are they really your most important values? Or, have you blindly adopted them from your family, organization or the latest business book? Cashman states that:

…our authentic values and sense of meaning are deeper than this. Authentic values are forged in the traumas and privileges of our unique life story.

In other words, what is important to you is based on the lessons from your life experiences.

What are the top five values from your unique life story? What is truly important to you based on your life lessons? What gives you the greatest meaning in life or work?

Once you know your top three to five core values, think about how you are expressing them in the various areas of your life:

  • In your personal life with family?
  • Friends?
  • Intimate relationships?
  • In the community?
  • At work?

How will you make your core values a more present part of your daily life? What will you do to put your values in action every day at home and at work?

“Your beliefs become your strengths. Your thoughts become your words. Your words become your actions. Your actions become your habits. Your habits become your values. Your values become your destiny.” –Mahatma Ghandi

Marielle’s new group coaching program, Up Your Game! will help you get clear on your values, strengths, vision, mission and much more to propel your career to the next level.

 

 

Marielle Gauthier, owner and principal of Redworks Communications, is a certified Results coach and is accredited as an Associate Certified Coach (ACC) by the International Coaching Federation. 

To receive updates about our coaching programs, training and webinars or for more information on our coaching services contact Marielle at (306) 955-3205, marielle@redworkscoaching.com or visit www.redworkscoaching.com. She is based in Saskatoon, Saskatchewan.

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Power of Coaching Interviews Redworks Blog (all posts)

Power of Coaching Interview with Leadership Coach, Sharon Maher

In my blog series, Power of Coaching, I interviewed Sharon Maher, owner and President of Matrix Point, Inc., based in San Francisco.

Sharon is a Leadership Coach and Consultant specializing in helping experts from various technical industries become expert leaders. She has developed a Leader Personality Model, a useful tool in leadership progress.

In this Interview we talked about:

•how coaching is a method for someone who is highly motivated to accomplish something that he/she has not yet done
•how coaching creates areas of individual possibilities
•the role of the coach
•how technical experts can be coached from expert to leader
•how individuals can identify and apply their “magnificence” into their work environment and how this impacts others and the organization’s overall measurable results
•return on investment as a result of the coaching process
•how the impact of change in one area of an individual’s life can impact other areas
•success stories

Listen to the Interview

A special thanks to Sharon for a very informative interview.

Connect with Sharon at www.matrixpointinc.com

 

SM Portrait 12 Oct2013 Sm-1Bio:

Sharon Maher, owner and President of Matrix Point, Inc., based in San Francisco.

Sharon is a Leadership Coach and Consultant specializing in helping experts become expert leaders.

In her previous 15 years as a successful business leader, Sharon led large technical project teams as well as Finance and HR teams. She learned that a successful transition from expert to effective leader was not intuitive so she became a Leadership Coach to directly impact this increasing business need.

She now coaches experts from various technical industries wireless telecom, academic medicine, national communication bureau, high level judges. She has also developed a tool in leadership progress called Leader Personality Model.

Sharon has a College of Executive Coaching Certified Professional Coach designation (CPC), a BA Psychology, an MS Business Management, and Sloan Fellow, Stanford University

 

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Power of Coaching Interviews Redworks Blog (all posts)

Power of Coaching Interview with Cathy Graham

In my blog series, Power of Coaching, I interviewed Cathy Graham, a Registered Certified Coach (RCC), organizational development expert, and a Human Resources executive with over 20 years experience working with leaders and teams. She is currently the HR Director with Strickland Insurance Group and coaches high potentials and newly promoted leaders within the organization.

 

In this interview we talked about:

  • that coaching is about asking the right questions and letting people find their own path forward
  • using assessment tools to assist in the coaching process
  • the impact of coaching on coachees and their direct reports
  • numerous impacts on the organization
  • that the removal of roadblocks or ‘self-limiting beliefs’ can lead to achieving personal and professional goals
  • how the impact of a change in one aspect of your life can impact other areas

 

Listen to the interview.

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A special thanks to Cathy for an informative interview.

Connect with Cathy at http://cathygrahamcoaching.wordpress.com/

Cathy Graham Bio:  Based in North Carolina, Cathy Graham is a Registered Certified Coach (RCC), organizational development expert, and an HR executive with over 20 years experience working with leaders and teams.

She’s certified in Hogan; Everything DiSC; Franklin-Covey; DDI; and Results Based Coaching.

 

Cathy earned:

  • a Senior Professional in Human Resources (SPHR) credential from the Society for Human Resource Management.
  • an undergraduate degree from Cornell and
  • a Master of Arts in Human Resources and Organizational Development from University of San Francisco.

Cathy is the principal of Cathy Graham Coaching and writes a blog called  Workplace Navigator.

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Power of Coaching Interviews Redworks Blog (all posts)

Power of Coaching Interview with Pratt Bennett

In my blog series, Power of Coaching, I interviewed Pratt Bennet, Coach and Owner of Make That Leap Coaching. Pratt Bennet is a brain-based coach and college professor in Boston with over 23 years of experience in the classroom. He has developed a unique set of evidence-based, interdisciplinary, classroom-tested approaches to a wide variety of learning challenges.   In this interview we talked about:

  • how coaching is all about expanding one’s consciousness
  • how goals can cause big, positive shifts in a person’s life
  • why introspection is important for developing leadership skills
  • the benefits of introspection
  • how commitment of time and energy changes habits and gets the desired results
  • the impact of making small changes can achieve big gains

 

Listen to the interview.

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  A special thanks to Pratt for an informative interview. You can connect with Pratt at www.makethatleap.com   Pratt_BennettPratt’s bio: Pratt Bennet is a brain-based coach and college professor in Boston with over 23 years of experience in the classroom. Pratt has also been career coaching for over 20 years. He received his training from Results Coaching Systems, the world leader in neuroscience-based coaching. He has designed and led intensive training programs for employees and executives from hundreds of corporations/organizations, including Deloitte, Sony, Nokia, Coca-Cola and many more. Pratt’s cutting-edge programs for faculty and administrators blend research from many diverse fields including Education and Cognitive Neuroscience, Psychiatry and Psychology to shed light on why students sometimes struggle to learn and how  educators can help them not only survive, but thrive.

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Power of Coaching Interviews Redworks Blog (all posts)

Power of Coaching Interview with Paul K. McGinniss

In today’s blog series, ‘Power of Coaching’ I am interviewing Paul K. McGinniss, Professional Certified Coach, New York, NY.

Paul uses neuroscience-based models, relevant coaching structures, and appropriate strategic planning tools and assessments to help his clients identify, clarify, and move towards their mission-critical goals.

In this interview we talked about:
• the difference between brain based coaching and other types of coaching
• the benefits of building a coaching culture
• the reasons why telling people what to do to is no longer working
• how to effectively grow leadership
• how to generate insights to impact performance
• Return on investment on coaching

Listen to the interview.

 

A special thanks to Paul for an informative interview.

Connect with Paul at PaulMcGinniss@NeuroLeadership.com or +1 (516) 216-4233.

 

 

PKM head shot speaking smallPaul’s bio:

Paul is an International Coaching Federation (ICF) Professional Certified Coach, a Results Professional Certified Coach (RPCC); a NeuroLeadership Group Master Trainer, Mentor Coach, and Coach Assessor. He also holds a Masters degree in Human Resources Management & Labor Relations.

He currently works as an executive and workplace coach, trainer, and consultant and has an extensive management and people development background.

As a human performance consultant, the focus of Paul’s work is on helping leaders create new thinking, reengage their employees, jumpstart performance, and maximize their results.

Paul uses neuroscience-based models, relevant coaching structures, and appropriate strategic planning tools and assessments to help his clients identify, clarify, and move towards their mission-critical goals.

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Power of Coaching Interviews Redworks Blog (all posts)

Power of Coaching Interview with Penny Paucha

In my blog series, Power of Coaching, I have interviewed Penny Paucha, Founder and Principal of ‘Instincts at Work’ based in Toronto, Ontario.

Penny is a certified Coach through the Neuroleadership Group, with extensive experience helping healthcare leaders and their teams remove the barriers to stellar results.

In this interview we talked about:
• how coaching is all about expanding one’s consciousness
• how goals can cause big, positive shifts in a person’s life
• why introspection is important for developing leadership skills
• the benefits of introspection
• how commitment of time and energy changes habits and gets the desired results
• the impact of making small changes can achieve big gains

Listen to the interview.

 

A special thanks to Penny for an informative interview.

Connect with Penny at www.instinctsatwork.com

DSC_2272Penny’s Bio: Penny is a certified Coach through the Neuroleadership Group, with extensive experience helping healthcare leaders and their teams remove the barriers to stellar results.

With 20 years of experience in the health care sector, Penny has held diverse positions such as operating room desk clerk, mental health counselor and program manager.

She specializes in leadership coaching and team performance for leaders in hospitals, family health teams and other health organizations and was a key contributor to the development of the Ontario College of Family Physicians’ Leadership Development Program.

Her evidence-based approach incorporates the latest findings from the field of social neuroscience as well as instinct-based assessment and proven models of leadership development.