Succession Planning Case Studies

Promoting from Within: Grooming High Performing Individuals for Leadership Roles

Industry: Chemicals, Pharmaceuticals, Medical

To successfully navigate a series of mergers, this leading national pharmaceutical company decided to develop their high-performing contributors to take on management responsibilities. In response, they created a program to identify those most likely to succeed in management, and to provide them with appropriate tools and training.

Critical Issues

• Helping candidates make the shift from high-performing individual contributors to effective managers
• Tying elements of the client's internal training program to Novations’ solution, including critical leadership competencies, development processes, and a 360 assessment tool the client was already using

Solution

A customized version of Novations’ Four Stages® model provided the foundation to help high-potentials understand the scope of the transition. Members of the organization's Leadership Development team were certified to deliver Novations' solution to 300 high-potential candidates.

Results

Results to date include:

• A 3% reduction in turnover within the high-potentials group
• Candidates awarded the training a 96% satisfaction rating
• 98% of senior executives exposed, agreed to the 'talent review process' as a critical leadership development action for the company

The next phase provides high-potentials with coaching skills and training on how to contribute through others, and development and coaching skills for their managers.

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