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It is no secret that a company's bench strength ensures long-term success. The challenge is retaining and developing leaders that will be a source for future all-star talent, as it is future leadership that drives continued company growth. Effective succession planning delivers top performers ready for the challenges of the future. The requirements of key executive jobs form the cornerstones of a comprehensive succession-planning effort and these requirements are the criteria for identifying and developing individuals for target positions. Effective planning provides organizations with future leaders who can both manage and develop a structure that adapts to and supports the changing needs of the business.
IEM designs and implements strategies that build bench-strength and ensure a steady supply of people to meet future needs and challenges. Without a rigorous process, current leaders will likely choose and develop successors who are much like themselves, perpetuating status quo, limiting diversity, and stifling ingenuity. We help our clients define their critical position criteria, form best practices for identifying key leadership criteria and design assessment processes to evaluate potential candidates. IEM also facilitates succession-planning deliberations and designs compensation or reward systems as an integral aspect of corporate and individual development.
Measurable Results
- Analyzed workforce issues and developed proven approaches to attract, recruit, and retain key employees; built diversity within the workplace; resolved workforce- development issues.
- Developed compensation and benefits programs to allow company to compete in local marketplace.
- Resolved line supervisory salary compression problems. Enabled division to attract and retain quality supervisors.
- Mediated and resolved labor grievances, settled arbitrations, and negotiated three-year collective bargaining contracts.
- Created training and development programs to optimize local workforce's effectiveness in rapidly emerging market and increase key employees' retention.
- Successfully guided firm through significant staff turnover resulting in extensive increases in skill levels and reduced personnel expenses.
- Designed recruitment programs; improved retention and reduced turnover 30%.
- Built key employee-development plans for client companies. Enabled organizations to fill key positions with high-performance individuals.
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Strategic Planning:
Interdisciplinary tools for key market
positioning |
Operational Excellence:Optimization
of Financial, HR and IT structures |
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Professional Development:
Executive Leadership enhancement
through training and counsel |
Restructuring:
Tactical tools for growth, mergers,
acquisitions and dissolutions |
“Partners For Hire”
IEM, Inc.
Memphis
1922 Exeter Road, Suite 40
Germantown, TN 38138 |
Boston
60 State Street, Suite 700
Boston, MA 02109 |
Telephone: (800) 753-2350
Facsimile (901) 753-5098
Email: Contact@IIEMI.com |
2006
- IEM, INC. | © All rights reserved |
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