"The Executive Coaching alternative can be
your most effective means to make the
problem—not the person—go away.”

     
 

The Real issue

   

Executive Coaching is an alternative to these costly and all too often common problems of organizational life.

If any of the following cases strike a responsive chord or if you'd just like to talk further about Executive Coaching please call me, Ron Ernst, at Leadership Horizons, (317) 844-5587.

The Executive Coaching alternative can be your most effective means to make the problem—not the person—go away.

 
 

 

   

They were all in my office—Jerry the company's founder and CEO, Stan the Vice President Marketing and Sales, and Rick the Vice President Manufacturing. Each was concerned, frustrated and feeling deceived by Bill the Vice President Finance.

"This is the last straw," Jerry started, "not only can I not talk with him he's now covering up his mistakes. I want realistic financial information, is that too much to ask? I ask him a simple question and I get looked at like I'm from Mars."

"It's sad," Stan added, "Bill's been with us for six years. He's turned our accounting department around and our financial situation has never been better. But you're right Jerry, he gets so defensive when we ask him the simplest of questions."

"I know Bill about the best," Rick chimed in, "he really wants to be part of this Learn but I can't get through his thick skull that he has to be more...more... flexible."

What to do. A technically competent executive who can't get along with the team.

Before you decide to fire Bill, think about the real cost of dismissing and replacing an $85,000 a year executive.

 
 

Expenses like:

    Three to six months of severance $40,000
    Continuing fringe benefits $10,000
    Relocation expenses for new executive $10,000
    Possible cost of executive recruiting firm $25,000
      $85,000
       
 

Soft costs like:

    Lost productivity of not having a VP Finance $?
    Executive time to interview candidates $?
    Reduced productivity of new VP $?
    Risk of not finding a good fit. $?
    Cost of potential litigation $?
       

Estimates of the total cost of executive turnover ranges for 100 to 200% of the executive's annual salary—in this case $85,000 to $170,000.

 

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