Lee Iacocca once remarked, “all business operations can be reduced to three words: people, product, and profits. Unless you’ve got a good team, you can’t do much with the other two.” We realize that a significant source of engagement (almost 3x!, according to a recent ADP study) in organizations is the degree to which people feel part of a team, especially with next generation professionals. Being part of a team, where the interests of the collective are prioritized over the individual, is much different than being part of a task force, where individual priorities and interests get the most energy. As a major underpinning to building better organizations is the charge to develop better leaders. With over 80% of organizations anticipating a shortfall of leaders in the next 5 years, this area of planning is most often ignored until it's too late. It’s often in this area of work that we guide executive teams through formal succession and transition planning at all levels of the organization. Together, we prioritize this important work in your planning phases.
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