Case study | Developing a Stronger Bench – Fortune 500 Energy Company

Emerging Leaders Development

Developing a Stronger Bench – Fortune 500 Energy Company

The Challenge

This global energy company was looking to develop and strengthen the succession bench via a systemic leadership development process.

The ExCo Group Support

The ExCo Group partnered with the company and a leading university to develop an integrated cohort for emerging leaders.  In addition to help shaping the program, The ExCo Group provided targeted mentoring that was customized to the critical learnings from a weeklong intensive program The mentoring included individual and group sessions and continued for six months. The company ran three years of this program covering close to 75 individuals. 

Impact

  • Leaders in the cohort have contributed significantly to the strategic success of the company
  • Most of the ELT are graduates of the program including two CEO successor candidates
  • Cohort participants were assessed as demonstrating a greater ability to delegate, empower/develop their teams, and work across the matrix to drive new solutions and consistency