How we reengineered executive hiring and development
Challenge
A global medical technology company began to experience a changing market and realized it needed an updated approach to hiring and developing executive talent to stay competitive.
The company needed to identify leaders capable of driving cultural change and delivering results in a dynamic environment.
Solution
RHR partnered with the company to build a tailored, evidence-based assessment and development framework.
Over the years, this collaboration has expanded from C-suite assessments to a comprehensive suite of solutions addressing various leadership levels. Key elements of the solution included:
Customized assessment through The Winning Formula® profile: RHR leveraged the company’s existing competency model to create an actionable, behavior-based assessment that aligned closely with organizational goals. This approach created a consistent, evidence-based process for assessing internal and external candidates.
Collaborative approach with stakeholders: As business needs changed, the competency model needed to evolve. RHR worked closely with HR and other key stakeholders to adapt our approach and ensure assessments remained relevant and aligned with the company’s changing vision for leadership.
Focused development through coaching: Targeted coaching sessions were used to address specific development needs for leaders and support them in achieving measurable improvements in leadership effectiveness.
Results
RHR’s partnership delivered significant, measurable improvements in leadership effectiveness and cultural alignment:
Enhanced leadership performance: Leaders participating in RHR’s coaching programs demonstrated an average improvement in effectiveness of 21%, with some achieving gains of up to 60%.
Improved selection quality: Executives chosen through RHR’s selection assessments scored 24% higher on leadership effectiveness than those who weren’t selected, which demonstrated the reliability of The Winning Formula assessment.
Positive feedback and organizational impact: The program received overwhelmingly positive feedback, with 100% of leaders valuing RHR’s work and appreciating its holistic approach to understanding roles, company culture, and strategic needs.
This partnership has established a unified, actionable framework for leadership assessment and development to enable the company to cultivate leaders who are not only effective but also aligned with the company’s culture and values.