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EXECUTIVE ASSESSMENTS
FAHNESTOCK & ASSOCIATES, LLC
TYPICAL
SITUATIONS:
-
Board
wants review of top talent
-
CEO
scheduled for departure 3-4 years
-
New CEO
has taken over—learn about bench strength
-
Demographics--Sr. Leadership nearing Retirement
-
Major
restructuring—acquisition, merger, expansion
-
CEO gets
excited about the topic through a book, article, report, unexpected
loss of talent, or need to do outside hiring for senior talent
IDEAL
NICHE SIZE: Companies that are:
-
Are
profitable and growing
-
Recognize a need to manage talent
-
Are
sophisticated enough to
supplement with experience/benefit of
consultants
-
Respond to Board governance issues around succession
planning/executive assessment
BENEFITS
OF OUR EXECUTIVE ASSESSMENTS:
-
Valid, predictive data for use in succession planning and
executive selection, movement, development decisions
-
Senior consultant availability, attention, consultation
-
Customization to our organization’s culture and strategic plans
-
Use of national executive norms for external benchmarking
referencing
-
Quantum leap in quality of data on which to base
placements, succession plans, and executive development decisions
-
Data is reliable over time; doesn’t become obsolete
-
Turnkey, stand-alone project; no need to impact other activities
-
Resources & expertise to accomplish an in depth examination of
executive bench strength available in a timely basis for your decisions
-
“Right person, at the right place, at the right time!”
TYPICAL STAGES OF EXECUTIVE
ASSESSMENT:
-
Chief Executive and/or selected members of executive team--up
front consultant (e.g., 2 meetings/3 hrs. each)
-
Assessment Stage
-
Feedback Stage—feedback to candidate/ executive team member(s)/
and (possibly) Board
-
Developmental
Follow-up
COMPETITIVE
EDGE OF OUR ASSESSMENTS:
-
Senior-level consultants throughout the project, not just the
bidding and design process
-
Deep industry
experience in financial services, defense industry, and utilities
(electric, water, gas, nuclear)
-
A
bottom line, strategic-oriented, business focus
-
Valid Results
To learn more about our state-of-the-art assessment and coaching
methods and how they can improve your organization's selection accuracy
or your incumbents' performance please respond below.

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Copyright © 2001 - 2012
Fahnestock & Associates LLC
Last modified:
November 10, 2012
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