Action Profile #1: Bench Planning and Talent Management
Scenario: A Fortune 50 company with employees located throughout the world needed a consistent approach for assessing and developing their high-potential employee pipeline.
Response: The company hired Incite Strategies to complete a thorough Leadership Assessment on their top 30 high-potential employees annually, followed with intense individualized coaching to optimize each individual’s personal development.
Proposition: Can an organization hire a third party to systematically assess their high-potential talent so that their bench strength is developed and a formal succession planning program is implemented?
Action: Today, Incite Strategies is an embedded part of the process providing third party assessment services on an annual basis. The consistency of assessment provides a value-add not only to the employee as a powerful sign of recognition, as a way to enhance key retention, and as an intensely personal development opportunity, but also provides the company with a process and a structure for identifying top performers, and planning for optimal organizational success.