The company had recently executed a major transformation in strategy to focus on the active management of client assets. Over the previous 18 months, the strategic shift included the divestment of legacy businesses across continental Europe, the acquisition of two major new businesses in the UK, while simultaneously making significant investments in organically building a sub-scale business into a world-class Asset Management team.
The innovative, “Vertically Integrated,” strategy required the organization to pursue a significant cultural shift based on collaboration and change, which they named “Being a Change-Maker.” In addition, there was a significant gap in knowledge and understanding regarding how these “formerly independent” business units should operate as an integrated operating business. Finally, the shift in strategy required a more stringent focus on building a high-performance culture as well as the required capability across the company’s entire talent pool.
In collaboration with our client we designed a six-month modular programme, which aims at developing the leadership mind-set and knowledge required to execute the company’s strategic transformation. The target group for the programme, which consisted of three 2-day modules, were 200 mid-level managers in “high-impact” roles across all of the five major business units. In addition, there was a wide range of leadership experience across the target participants.
Key features of our solution:
To capture the perspective of individuals who experience leaders on a daily or near daily basis, we asked each participant’s stakeholders, via a short “Follow-up” 360-degree survey, to rate the degree to which each participant has improved effectiveness against each of the six programme objectives as well as “an overall improvement” in leadership effectiveness. The survey was conducted approximately six months after the initial 360-degree feedback data was collected. In addition, Stakeholders were asked to rate each participate on a progress scale of “-3” to “+3” with “0” being no change.
To date 534 Stakeholders have provided 55 Participants with their follow-up 360-degree feedback. Highlights of their feedback include the following
The OMW “Enabling Positive Futures” Programme received the “2017 Silver Award” in the Executive Development category from the European Foundation for Management Development (EFMD) “Excellence in Practice Awards.” The Excellence in Practice Awards recognise outstanding and impactful Leadership and Development interventions between partner organisations.
Click here to see the full case study submitted to EFMD
To see a shorter, 6 page, version of the EPF case study, click here
“Over the last two years we have worked closely with Accelerance in building a highly successful Leadership programme. Although we knew of the team’s work and skillset it was their honest hunger to build a successful partnership to create the solution that drove results. The team that they selected comprised of people with a deep knowledge base, a real willingness to challenge and a hunger to understand our business – definitely the right people for us. As a result of working with Accelerance our Leaders are better equipped to be successful in a challenging and changing environment and to ensure the future success of our business”
– Learning & Development Specialist for an international investment, savings, insurance and banking group.
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