One of many challenges for a leader is passing the reigns of their position to another person. An additional challenge is when retirement as part of the equation. This may sound very easy for some leaders as they are looking forward to retiring, but when everything is said and done, the unexpected happens. You no longer have power, attention, status, and big decisions to make.
Again, some leaders may be thinking they will enjoy some quiet time with family, play golf everyday, join social groups, travel and so on. We find that far too many leaders are not prepared to make the transition from power and prestige to a full-time family person. One thing to consider, how will your spouse or significant other feel with you around everyday?
If someone is in a leadership position and is considering retiring, my recommendation is to hire a Certified Professional Coach at least one year prior to retiring to help transition duties, responsibilities, and power. Along with this process, a coach will help a leader plan for retirement and the rest of their life, perhaps in another leadership position where the community benefits.
Are there any thoughts on the topic or experience to be shared?
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