Increase in Leadership Productivity at F100 Insurance Company

Increase in Leadership Productivity at F100 Insurance Company

Client Case Study

Situation — Increase in Leadership Productivity

Leadership productivity is one of the most powerful — and often overlooked — drivers of business performance. When leaders spend more time on high-value work, make better decisions, coach their teams effectively, and align priorities across functions, organizations execute strategy faster and achieve stronger business results.

That was the challenge facing a Fortune 100 insurance company that wanted to improve leadership effectiveness across multiple business units. Rather than asking leaders to simply “work harder,” the organization invested in helping them work smarter by improving leadership productivity.

The executive team and board at this F100 Insurance Company demanded an increase in leadership productivity to meet aggressive growth targets.  To create an increase in leadership productivity they called for more objective metrics of leaders to support company-wide organizational talent reviews that were required to optimize the business and align the leadership succession pipeline.

The pressure was on to improve leadership effectiveness across the board.

Complications

  • Previous leadership assessments were inconsistent, unscalable, and not backed by research.
  • The company had to quickly, fairly, transparently, and objectively assess the top 300 executives.
  • The leaders were geographically dispersed and needed to be assessed in multiple languages.
  • Leaders struggled to identify and agree upon high-potential employees and were unsure of successor readiness.

Implications

  • If the company did not show an increase in leadership productivity, they risked missing strategic targets and losing top leadership talent essential for company growth and success.

Increase in Leadership Productivity at F100 Insurance Company

Approach

  1. Map desired leadership capabilities to leadership simulation assessment capabilities and behaviors.
  2. Align simulation language with company’s strategy, culture, language, and models.
  3. Schedule leadership assessments.
  4. Complete leadership assessment prework.
  5. Conduct virtual assessment.
  6. Receive and debrief results against standards and benchmarks.
  7. Start individual development plans and 1×1 coaching.

Results

  • Leadership assessment results were strongly correlated with job performance (r = .54).
  • Succession planning decisions based on the assessment results led to an increase in productivity with high scorers 10x more likely to be top performers than low scorers.
  • The executive team was able to confidently agree on people moves within days, reducing conflict, bias, and length of the review process.

Related Information

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We contacted LSA to help us design and deliver customized management development programs. LSA worked with us to meet our exact needs. We started at the top with our executive team.  It was such a great success that we rolled it out company-wide. We look forward to a long-term partnership with LSA Global and their team of experts.

Barry L. Byrd, SPHR
Human Resources Manager

Having taken on a new executive leadership role, one of my first calls was to LSA Global to help my leadership team to design, implement, and cascade clear strategic plans.  First, LSA helped our leadership team identify the strategy, culture, and talent areas that mattered most to create organizational alignment.

Then they helped facilitate the design of a strategic growth plan that is clear, compelling, believable, and implementable. We now have 100% commitment from an aligned leadership team and key stakeholders going forward.

I would recommend LSA to anyone who wants to create high levels of strategic alignment, growth, and performance.

Erik Arvesen
Vice President, General Manager

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We reviewed the top Leadership Development offerings and selected LSA’s 12-month Leadership Program based upon the value and systemic approach.

The feedback on the program, approach, and results was phenomenal. While other programs may be better known, the other options were more theoretical and did not compare in terms of LSA’s practicality, quality, and results.

We could not be happier.

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Senior Manager Learning and Development

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LSA’s action-learning leadership approach has been very beneficial to me, our leadership team, and the entire organization.

The balance of development and results has been excellent.

We have made huge progress, and I was also able to identify 2-3 high potentials while having the extra benefit of people stepping up to carry key strategic projects forward.

The experience was better than anticipated.  I could not be more pleased.

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Your leadership and executive coaching services have been one of the most effective I’ve ever known.

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They really focus on helping us succeed in any way they can and definitely lifted up our leadership and management development capabilities.

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We greatly value our relationship with LSA Global.

They focused on understanding our unique culture and helping us to move our strategic priorities forward.

LSA continues to deliver top quality executive coaching, consulting, and leadership development solutions that are highly customized for our unique situation.

I highly recommend LSA Global to anyone looking to greatly improve their leadership, management, and project capabilities.

Bonnie S. Olson
Vice President of Human Resources

LSS

Thank you to LSA Global for their partnership and support in helping us to design and roll-out highly needed and valuable leadership and management development programs that fit our unique situation.

I personally have partnered with LSA Global at four of my previous companies. It continues to be a delight.

We look forward to partnering with them for a long time to develop our managers and leaders.

Suzanne Kinner
VP Human Resources

Blackhawk Network

We consider LSA Global the top outsourced learning and development partner.

We work closely with LSA to customize leadership and management development programs to meet our growing business needs.

I would highly recommend LSA to any company wanting to deliver high quality and practical learning solutions for their leaders and managers.

Terri Wright-Scheer
Vice President Human Resources

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Their practical, straightforward, and client-centric approach to strategy was refreshing.  I highly recommend them to any executive team looking to get aligned to create even higher performance.  They are lights out awesome!

Patrick Resk
Chief Financial Officer, Partner

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LSA Global has been a great partner in helping us move toward being “the leading developer of talent in the service performance management industry.”

I have engaged LSA to help develop best-in-class programs in the areas of: Executive On-boarding, Manager Training, Sales Training and Coaching, Employee Engagement, and Instructional Design.

They have consistently met or exceeded my (very) high expectations and are always responsive to my needs to increase performance, engagement, customer satisfaction, and sales growth.

Mike Normant
Senior Director, Training & Development

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Over the years, both at 3Com and now at Redback, I’ve found LSA Global to be a valuable partner. The recent management programs that they delivered for Redback’s executive and management teams was the right solution, of the highest of quality, and customized to fit our unique business and culture. I would highly recommend LSA to any company looking for top quality solutions.

Gina Fulton
Vice President of Human Resources

It was a challenge to find a consultant with an approach to performance improvement that fit our unique performance culture and style. We were pleasantly surprised to discover LSA’s depth of expertise in the fields of motivation, developmental coaching, performance management, and measurement.

LSA seamlessly integrated those components without our folks feeling like the intervention was forced. They understood what we were trying to accomplish, helped us clarify our objectives, and created a solid, refreshing approach that quickly got us moving and engaged at all levels across the organization.

Overall, I couldn’t be happier that we found a true strategy and implementation partner in LSA.

Doug Hansen
President and Director

Redwood Trust

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