Client Case Study
ROI-Based Leadership Development Situation
This industry leader in the real estate investment market decided to capitalize on slow economic times by developing their existing and future leaders while simultaneously improving their business operations. The goal of the ROI-Based Leadership Development program was to develop the next generation of leaders that would significantly grow the company and maintain the philosophy and workplace culture created by the original founders by:
Complications
Approach
An action learning leadership development format provided the foundation of the customized program. Participants worked in cross-functional teams, with a goal of providing a significant contribution to the company’s bottom line or competitive position. Teams progressed through the phases of a major project while they received just-in-time training, coaching, mentoring, and the tools necessary to succeed. The ROI-Based Leadership Development teams of three went through the following steps over a six month time period:
Led the project implementation, engaging and influencing most areas of the company
Measured the results of their efforts
During the course of the ROI-Based Leadership Development project, each team was supported by an executive mentor who provided significant knowledge to the team about their project focus, company politics, and how to keep on track. Each team also had an executive sponsor—the CEO, the President, or the Chief Risk Officer, each meeting with their assigned team on a regular basis to provide strategic guidance.
Results
In twelve to twenty four months:
Development of new critical processes
Validation of several key current state processes
Identification of new high potential market opportunities
Recognition of several very high potential new leaders in the company
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