Succession Planning
Challenge
A company wanted to develop a pipeline of leadership to manage a
large-scale organizational change process and enhance the company’s
ability to continue to move forward in the future. The company was faced
with the pending retirement of key leaders and the advent of a number of
large organizational changes, including changes in funding structure and
movement to an asset management approach, and needed to ensure an
ongoing pool of leadership talent.
Solution
O.E. Strategies was commissioned to conduct a workforce analysis study
to determine critical skill sets that needed to be developed to create
sustainable leadership capacity within the company. The workforce
analysis determined skill requirements of leaders and identified how
changes in the nature of work within the organization would impact these
skills over time. In addition to identifying critical leadership skill
sets, the workforce analysis helped to identify potential structural and
process considerations to encourage continued leadership development.
These considerations included recognizing areas for cross-functional
development and specific steps the company needed to undertake to
develop leaders. Throughout the process, O.E. Strategies developed and
implemented an assessment center and customized a 360-degree feedback
tool to assess current competencies in both internal and external
candidate pools. Collaboration with current leaders and the broader
project team supported the development of action plans for the candidate
pool and for ongoing coaching. Work is being handed off to internal
employees who are receiving hands-on training in managing the process.
Outcomes
Leadership development with the company remains a high priority.
Specific action plans have been developed for higher levels in the
organization and coaching is in progress. Significant development in
leadership areas and change management skills has already been noted and
leaders have reported an increase in self-awareness and positive
reactions to the process.