Private Equity Owned International Insurer
Private Equity Owned International Insurer
Challenge
The Executive Leadership Team needed to plan succession for executive roles and develop and engage high-potential leaders.
Solution
Talent ID worked with the Executive Leadership Team to agree a clear and consistent definition for ‘talent’ and ‘potential’ and what high performance leadership needed to look like in their business, based on their strategy.
Working closely with them, we created a set of scaled leadership behaviours then assessed nominated individuals against them using in-depth behavioural interviews and personality profiling.
Detailed individual feedback reports and in-depth feedback and coaching enabled participants to increase their self-awareness and better understand how to leverage their strengths and close critical development gaps.
The Executive Leadership Team received performance and potential data and insights into the group – collective strengths, development gaps and themes in the context of their business strategy. We worked with them to build a clear succession pipeline and leadership development plan.
Results
The Executive Leadership Team has a clear view of the talent pipeline and the performance and potential of leaders that report to them. They know where and how to invest in leadership development to get the best return.
Participants have deep insights into their strengths, development priorities, personality and potential. They are re-energised and focused on their development and have built personalised action plans that will benefit them and the business.
Independent Investment Firm
Independent Investment Firm
Challenge
As the business grew, there was a clear need for a new senior role leading the business development team. This role, and therefore the person doing it, would be critical to the continued success of the firm.
Solution
Talent ID worked with the existing Partners and business development team to understand the challenges the business faced and to define the role.
We introduced our executive search partner to the firm. They mapped the market and built a short-list of high-calibre candidates.
Following our client’s own internal interviews, Talent ID carried out an independent assessment of each short-listed candidate. This gave the Partners impartial and in-depth insight into their fit for the role and any associated risks that would need to be managed if they were appointed.
Outputs included individual assessment reports and a composite report comparing candidates. We also provided each candidate with feedback on their assessment performance. In the case of the successful candidate, this was a face to face coaching session to help them onboard successfully.
Results
The Partners were able to make a confident, informed decision and subsequently made an offer to their preferred candidate.
They have a clear understanding of where the individual is likely to excel and have agreed a development plan with them to close key gaps.
The successful candidate has greater self-awareness from a feedback session focusing on how they can establish themselves in the role and maximise their chances of personal and business success.
The assessment process also demonstrated to regulators that the selected candidate was competent and a strong fit for the role.