Establishing and sustaining competitive advantage is
the driving force and challenge within all successful corporations.
Increasingly, companies have placed a significant emphasis on gaining
that advantage by acquiring, integrating and developing top caliber
talent, and by fostering a culture built on high performance
expectations and leadership skills. This challenge is ongoing for even
the most successfully run companies. For many other companies,
transition - due to the appointment of a new CEO or other Senior Leader,
a significant change in business strategy or a merger, acquisition or
divestiture - requires a re-evaluation of the existing leadership team
in light of new realities.
Through our Management Assessment offering, we work
with our clients to evaluate the intellectual capital of their
Leadership Teams. Our process begins with an in-depth interview with
our client to understand fully the business strategy, competitive
context and culture, framing Strategic Imperatives for the Company's
success. From this due diligence, we define or validate the Leadership
Competencies required for individual executives to achieve the
Strategic Imperatives. The by-product of these initial phases is the
Interview and Assessment Guide, providing structure for consistent and
specific appraisal of individual executives. The overall outcome is a
Congruence Evaluation, a gap analysis based on an assessment of the
individuals and team on two levels: ability and alignment (willingness
to embrace the Strategic Imperatives, consistency of beliefs and
self-awareness vis a vis the required Leadership Competencies).
Given the importance of the CEO’s commitment to this
process, we ask that he/she help personally set the stage for the
assessment activities by delivering a group-wide "kick-off," conveying
passion and purpose behind Strategic Imperatives and Leadership
Competencies. We work with our client to create and deliver a message
that positions our activities in a way that diminishes potential
sensitivities. Typically, our process involves two HP consultants
interviewing each client executive.
Our summary report includes individual and team
assessments, outlining strengths, talent gaps, development
opportunities and specific recommendations for individuals and teams.
The end result for our clients is an action plan for critical
decisions on the composition and development of the Leadership Team,
the outcome being optimal congruence with the Company’s strategic
imperatives.
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