The Goldilocks Dilemma in Senior Leadership (Part II) with Oliver Johnston
In this episode, Roxanne Derhodge engages with leadership consultant, Oliver Johnston, in a deep conversation about the dynamics of leadership transitions and retirement. They explore the financial implications of poorly managed transitions, the multi-dimensionality of such changes, and the unspoken aspects of retirement planning in organizations. They also share a case study of transforming a dissatisfied retiree into a company ambassador and the importance of appreciating those who built your business. The episode concludes with Roxanne's relationship quiz.
Key Points
- Oliver emphasizes the importance of supporting senior leaders in transitioning out of their roles, highlighting the significant financial and reputational costs to companies when these transitions are not managed well.
- Roxanne and Oliver discuss the psychological and emotional aspects of leaving a senior position, underscoring the need for planning and reflection to handle identity shifts and to create a fulfilling post-career life.
- The conversation reveals that many organizations lack formal processes for senior leader transitions, suggesting a need for more structured support and planning to ensure successful departures and to cultivate future advocates for the company.
Quote: “In the survey that we did, the very great majority of organizations don’t have a formal approach to enabling their senior leaders to leave well and therefore create the space for new leaders to arrive.” Oliver Johnston
This was such a great interview packed with so much inspirational information that we decided to turn it into a 2-part series. Here’s the link to Part 1: https://roxannederhodge.com/senior-leadership-with-oliver-johnston/.
Senior leaders work hard to claim their place in the company, but how do they know when it’s time to let someone else take over the reins? No one is given a best-before date, so how are they supposed to know the best time to transition into an encore career or retirement? Senior leaders can step out too early, and they can step out too late. Getting it just right isn't as easy as it might seem. On this episode of Authentic Living with Roxanne, we welcome the Founder of Stepping Out from the Top, Oliver Johnston, to share his ideas and expertise on offboarding and the support that may be required for this significant career and life transition.
Oliver is the Founder of Stepping Out from the Top Team. Stepping Out is a specialist coaching practice that helps senior leaders step out from the executive suite successfully. In December 2020, Oliver retired from his professional coaching practice in order to concentrate solely on leading the Stepping Out practice. He is an accredited Stepping Out Coach and a highly experienced top team advisor and facilitator.
Authentic Touch Points:
• Retirement is a relatively new concept. 2:00 • How companies can prepare for change. 5:00 • It’s never too early to start planning. 10:00 • The 3 Horizons. 13:30 • Where do we go from here? 22:30 • What companies should consider. 27:30
Oliver was a highly successful business consultant with an international reputation in change, organizational and leadership development. He has extensive experience working in a wide variety of sectors, including accounting, banking and finance, academic and research, law, consulting, IT, pharmaceuticals, engineering & manufacturing, food & beverage, retailing, public service & administration, energy & utilities, transport & logistics. Oliver’s passion is supporting senior executives as they think, plan and execute their journey from the top team to the exit door and move on to new adventures.
As I offer executive coaching, I encourage leaders to reach out for guidance about presenting their authentic selves to develop an improved workplace for everyone with less conflict.
For more information or to take our online quiz to rate your authenticity as a leader, visit: https://roxannederhodge.com
Stay Authentic,
Roxanne
Links:
Oliver’s website: https://www.stepping-out.co.uk Click for Oliver’s Report: https://roxannederhodge.com/wp-content/uploads/2022/11/STEPPING-OUT-SURVEY-OCT-22.pdf Oliver’s LinkedIn profile: https://www.linkedin.com/in/oliver-johnston-steppingout/ Roxanne’s LinkedIn profile: https://www.linkedin.com/in/roxannederhodge/ Roxanne’s email: [email protected] Chat with Roxanne: https://roxannederhodge.com/chat/ Roxanne’s previous podcasts: https://roxannederhodge.com/blog/
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Transcript
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