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Value Added
Tessera ESP
A Ground Breaking New Service by Tessera
Succession planning is part of any human resources strategy. Historically, planning for tomorrow’s leaders has been an internally focused activity. The organization identifies and grooms its high potential employees for their next mandate.
The market for executives, however, is fluid. High potential leaders come and go driven by the desire for new challenges and a host of other market forces. This means the most well crafted succession plan can easily leave companies short handed when the time comes to fill a critical executive post.
If one could peer into the future, how does the story play out? Quite nicely when companies use Tessera ESP. ESP helps organizations secure tomorrow’s leaders by understanding what human capital is available outside their companies. ESP is External Succession Planning and it complements any internally focused plan.
Executive Assimilation
We believe our responsibility does not end once the search is over. For this reason, we introduced an innovative executive assimilation program that helps new executives hit the ground running faster.
No Time for the Honeymoon Period?
New executives are expected to make a significant and positive impact on a business. Their decisions, in many instances, can make the difference between red ink and black ink to say nothing of the effect they can have on employee morale.
So often new leaders do not understand the political landscape or the issues that matter most to a business. So it's no surprise these new leaders often don't deliver on expectations within their first year onboard. In fact, research reveals that up to 40% of new executives fail to reach their goals within their first 12 months of employment. The impact on a business can be quite profound.
How it Works
Tessera Executive Search offers a practical solution that works and it's included in all search engagements. Our executive assimilation program is a highly effective series of exchanges designed to assist executives entering a new organization. The program is very straightforward and relevant to any business environment or culture.
The objectives of the program are threefold:
- The opportunity for direct reports to become acquainted with their new leader, before he/she starts in the new role.
- Prioritize deliverables so that the most energy is expended on the things that positively impact the business.
- Identify road blocks and knock them down so the new leader can focus his/her time on delivering.
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Signium International has 44 offices strategically distributed in 28 countries, serving the major markets of the world.
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