As part of Korn Ferry Hay Group’s (KFHG) commitment to continually improve products and services, KFHG are releasing a new 360° platform. The new “KF360” represents a major revision and update to all the current 360° product offerings. This comes after many years of acquisitions that have left KFHG with a myriad of different platforms running their assessments and a lack of consistency in their branding. This migration will enable KFHG to provide a standard look and feel, a common user interface and mobile technology support for users.
Navigating the Maze
Over the last year or so we have had many enquiries about assessments particularly around which ones to use and how to best implement them. With these enquires in mind and the fact that Korn Ferry Hay Group have a variety of assessments available, we decided to focus this newsletter on this topic. We hope this may provide some clarity…
First, an apology for not having issued our regular summer newsletter. Circumstances in our lives caused us to refocus our priorities in the late spring and as a result we had to be selective on our work related activities. This resulted in the newsletter being placed on the back burner. However, the situation we found ourselves in has caused us to pause and reflect, one aspect being what have we learnt from our experiences – has this been developmental?
Development takes on many guises, some are very clear and succinct, others can be abstract or prosaic. The value is in whether the individual can take something away from the experience that changes their behavior in a positive way. One of the biggest challenges that organizations, managers and individuals have in addressing development is looking beyond the obvious development solutions and one of these is to utilize assignments at work, or in an individual’s private life.
On December 1, 2015, Korn Ferry announced that it has completed its acquisition of Hay Group.
The combination of Korn Ferry, Hay Group and Futurestep unites three world-class brands with a rich heritage and more than a century of combined success. We aim to be nothing less than the preeminent global people and organizational advisory firm.
View the press release…..
Learning Agility is a critical factor in evaluating the potential leadership abilities of employees, we have found that businesses heavily focus their attention on their “high potentials” as the source of talent to address short and long term key business objectives. This is only half of the talent potential picture…
To effectively understand the “potential” of your organization’s talent it is essential to look at people from 2 succinct perspectives, those that bring:
- Depth – those typically referred to as High Professionals
- Breadth – those typically referred to as High Potentials
Learning Agility is a ‘hot-topic’ that seems ever present in the leadership and talent management space these days. As a talent differentiating concept it has been around for many years and many have heard of and read about it, but there is still a lot of confusion as to what it is, how it is defined and why it is so critical in today’s business environment.
Siobhan Bohnson – President and CEO, Milford Area Chamber of Commerce
As a follow-up to our February Are women creating a new paradigm in chamber leadership?, It is great to see Siobhan Bohnson as “someone to watch”. Especially as BettSolutions was part of the selection committee for the Milford Area Chamber.
Achieving a 15% Increase in Employee Retention through the Implementation of a Competency Based Interviewing Process
A Client Case Study
Talk to the heads of local chambers of commerce, and you’ll be struck by recurring themes about maintaining a vibrant organization in 2015.
In a nutshell, it’s not as easy as it once was. A couple of decades ago (or even a few years ago, before the Great Recession), a local business joined its chamber of commerce as a matter of course, said Siobhan Bohnson, who was hired as president and CEO of the Milford Area Chamber of Commerce last year after an extensive search and interview process. These days, businesses think long and hard about how to spend extra money, if they have any. Read More
Comprehensive Global Korn Ferry Study Shows Only One Third of Executives are Satisfied with Succession Management Outcomes
Korn Ferry (NYSE:KFY), a single source of leadership and talent consulting services, today unveiled results of a comprehensive, global executive study on succession management.
The study and corresponding report point to an alarming rate of dissatisfaction among senior leaders and executives, with only one-third of respondents (36 percent) saying they were satisfied or very satisfied with their company’s succession management programs, and less than one-quarter (23 percent) saying they have a solid pipeline of “ready now” candidates.