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Case Study

Benchmarking and Developing Senior Leaders for Global Investment Firm

With a context of change in the market and their organisation, the Head of EMEA Distribution for a global investment management firm asked Hanover to undertake a critical talent project for them.

Working closely with the Head of UK Distribution, we spoke to key stakeholders to understand leadership demands at ‘Head of’ level in the business.

Using these insights and our external perspective, we defined seven key leadership behaviours with four levels of sophistication for each. These formed the measures against which to benchmark 10 nominated leaders.

Participants completed the Lumina Spark psychometric and a three hour behavioural interview with a consultant.

They subsequently received an in-depth report which was explored in a feedback session.

Each participant left with clear insights into their strengths and development priorities, and what they needed to do to leverage their potential.

Several participants are now being coached to support their long-term development.

All of the data and insights were pulled together into a composite report and we talked the Heads of EMEA and UK Distribution plus their COO through each participant in a review meeting.

This gave them valuable information to inform their talent management decisions and how and where they should invest in development.

Feedback from senior stakeholders and the participants was unanimously positive.

The Head of EMEA subsequently engaged Hanover to run the same process in another of the Europe sub-regions – a project we have recently completed.