THE CHALLENGE AND OPPORTUNITY
The concept of “retirement” doesn’t make sense for many of today’s senior executives or business owners transitioning into another phase of their lives. These individuals are often between 55 and 65 years of age, healthy and financially secure, with another 10-20 productive years in front of them. This is a new stage of life, not experienced before in history. These senior professionals and entrepreneurs often have no desire to retire, but instead want to continue contributing, often in new or different ways. However, they may have no clue of how to define and commit to that new or different path. What these individuals all seem to have in common is an ongoing desire to stay connected and remain relevant; they need to custom design this stage of their lives based on a clear understanding of who they are and what is important to them.
I have had an executive coaching and consulting practice for 30+ years, helping senior executives and business owners of Fortune 1000 public and privately held companies effectively lead their organizations, by expressing who they are through what they do. This process involves preliminary assessment work, which informs a personalized development or improvement plan. This is followed by an ongoing coaching engagement for 3-6 months to ensure appropriate fine-tuning and execution of the development plan, keeping feet to the fire to ensure that good intentions are realized.
A customized version of this process is now also available to business owners and executives transitioning from their traditional career to the next stage of life.
1. An initial discussion of your situation and your goals to determine what is important to you, the chemistry congruence between us and what the nature of the coaching contract should be. This stage is at no charge.
2. Assessment of opportunities and challenges, now and into the next stage of life. This is distilled from personal interviews, a suite of on-line assessment tools, and considers your intrinsic motives, personal values, strengths, and weaknesses.
3. A Draft Development Plan is created, based on the assessment. This plan establishes the desired outcomes, and what needs to be investigated and committed to in order to achieve those outcomes.
4. Ongoing iteration and implementation of the development plan through a combination of individual coaching by me, and peer-to-peer coaching in a small group that meets once a month
We strongly recommend you sign up for the six-month group process (once a month) with others like you on the same journey. These peer-to-peer coaching groups (working in a cohort of 6-8), facilitated by me, enable you to openly share goals and plans with each other, get feedback and input from peers, and build a mutual accountability system within the group. As I mentioned earlier there seem to be two primary needs at this stage, to stay relevant and to stay connected. The group enables ongoing connection and networking with others beyond the group. Finally, in the groups we will include Education Modules including guest speakers on aspects of this stage of life, including how we best prepare for the next and final stage of life.
However, if there are reasons that preclude you from signing up with the group for six months, you can opt to continue with me for the six months.