This aerospace industry client has 2,000 employees nationwide and an annual revenue of $40 million.
The Challenge
High Turnover
No Formal Leadership Development
No Succession Plan
This aerospace organization struggled to attract and retain talented engineers, and there was no strategic effort to develop the engineering core leadership competencies. Further, they did not have a leadership pipeline or succession plan and faced a growing need for innovation in a highly competitive market.
Our Solution
The executive team nominated high performers to participate in a 9-month LEAD experience, which included 360 assessments, monthly group sessions, individual coaching, executive mentors, and action project teams.
The Results
The engineers were properly prepared to move into leadership roles.
The teams-initiated improvements and innovations resulted in more than $24 million in savings for the company.