Transforming Your Organization Through Strategic Leadership and Management Audit
In the course of time many companies are confronted with the question whether the present management team meets the business requirements of the future and is prepared to successfully manage the challenges of increasing business complexity and competition.
However, usually there is the distinct in-house and subjective appraisal perception of the individual managers. Furthermore, each company has been creating its own specific culture over many years which makes judgement sometimes difficult.
Particularly in this current period of general economic crisis and recession, many companies are turning their focus inwards and restructuring their organizations to come out of the crisis stronger, better, fitter. At last businesses are recognizing that the human dimension of an organization and the way it is set up is a key element of their success or failure. Strategies or processes can not be implemented properly if the right set of managers and teams doesn’t exit. And this belief is amplified in a crisis situation.
For these reasons our service line dedicated to Strategic Leadership and Management Audit represents an increasing portion of our global activity. Many companies are now turning to our expertise to help them strengthen their strategic leadership and management skills. The accomplishment of systematic management audits are very often caused by major changes in the businesses such as
1. Change in Top Management
It is most useful for the Managing Director or CEO joining a new company to get the objective and qualified picture as to the strengths, chances and risks of his management team.
2. Mergers & Acquisitions
The accomplishment of management audits represents the objective as well as credible tool to identify the best qualified managers out of competing management teams.
3. Succession Planning
Both internal and external candidates are audited to choose “the best”.
4. Restructuring / Strategic Alignment
Drastic dynamics in business bring about vital risks and chances. The success of the corporation does depend on the performance and potential of the complete executive team. By using the tool Management Audit risks will be minimized and changes exploited.
What is Management Audit
Management Audit is the systematic recognition, analysis and assessment of competencies and the actual behaviour of both individual executives as well as complete executive teams particularly with regard to the business' strategic requirements. The basis of Management Audit is structured interviews and reference checks conducted by external experts to be documented in expert opinions. Management Audits focus on personal attributes and business skills.
Personal attributes can be subdivided into:
+ Ethical values and attitudes
+ Intellectual Capability
+ Charisma
Business skills can be subdivided into:
+ Professional and methodical competencies
+ Leadership behaviour
+ Entrepreneurship
As psychological tests cannot adequately cope with above mentioned criteria (issues) the Management Audit should be conducted by experienced and well-trained interviewers. It is the objective of the process not to assess the individual manager in isolation but in context to their competitors and comparable roles outside the company. This benchmark information is most valuable and delivers conclusions as to the effectiveness of the management team.
Our expert team of consultants has deep knowledge of these programs which are built around clients’ specifications, expectations and needs. Neumann looks back on 40 years of experience in providing HR solutions, and has acquired in-depth knowledge giving us unparalleled expertise in evaluating and identifying needs in all kinds of structures and organizations.
Whether addressing financial or industrial structures, whether operating at regional or international levels, we are capable of delivering tailor-made projects or programs that are built around specific trades, cultures, geographies, and objectives.
Neumann International’s Executive Consulting service line is built on 4 distinctive pillars of success:
- Our core methodology is built around the interview (led by Senior Consultants) which we believe is the most powerful and adaptable tool in evaluation. If needed and required we add personality questionnaires such as MBTI or OPQ, but will not push to use or optimize such tools, since they only complement the exercise, even if they can bring some pertinence to the process.
- Our success is based on our ability to build strong project management talent within our teams, which means that our projects are led with professionalism by experienced Project Managers who have been involved for a long time on such assignments.
- Our strategic leadership and management audit efforts can be borne wherever we operate, both in Europe, the Middle East, the Americas and Asia with true quality consistency. Most of our projects have a strong international or even global level.
- We have the unique capability to partner with Strategy or Management Consultants on joint programs to deliver proven results with a complete set of competencies both on technical content and on leadership/management/personality. This intensive collaboration is original, extraordinary and highly appreciated by our clients and their Executives, who are strong believers of the virtue of complementary skills set ups.
We have an exceptional track record of successful, unique programs which have been designed and implemented in various contexts during the last 10 years. Our clients have been able to make vast transformations within their organizations that led them to success. Are YOU ready for change?
Contact
Caroline GOLENKO,
Partner
Neumann International
65-67 avenue des Champs Elysées
75008 Paris
FRANCE
Phone: 0033 1 44 20 54 73
Fax: 0033 1 44 20 54 58
caroline.golenko@neumann-inter.com