Korn Ferry

A portfolio approach to talent

CXO Optimization

Today's C-suite leaders are tasked with executing a complex, nuanced technical agenda while ensuring that the strategic alignment drives business results. Yet, they often must rely on a collection of individuals that were assembled over time and without strategic intent or specific purpose. A top-performing function that creates competitive advantage requires the right people in the right roles at the right time, working in concert to maximize their collective capabilities and potential.

CXO Optimization leverages over 4 million assessment results to identify the most differentiating competencies, experiences, traits, and drivers for C-suite leaders and their teams. By distinguishing technical roles from pivotal roles, and experts from athletes, we optimize individual and team performance alike.

Our extensive market expertise provides real-time insight into the competitive landscape to add an outside-in lens for solving talent needs. Our CXO Talent Heatmap empowers Boards, CEOs, and C-suite leaders to optimize performance through thoughtful capability-building on both an individual and collective level.

Answer your most critical talent questions with our data-driven methodology:

  • Do I have a successor now? Can I develop one from my existing team?
  • What capabilities and competencies do we have and what will we need in the future? Can we build what’s missing?
  • Do we have the best possible structure in place? What are our competitors doing?
  • What is the systemic risk if key individuals leave? How much would it cost, and how difficult would it be, to replace them?
  • How do I invest in my most-valued technical experts while developing individuals with the most potential?

Our approach:

Design what you need - Grounded in the CXO’s strategic priorities and the business agenda, we use Korn Ferry’s best-in-class benchmarks and extensive market insight to create a comprehensive, future-focused master success profile of the capabilities and competencies required for success.

Define what you have -  We assess the existing capabilities and competencies in the Office of the CXO against your Master Success Profile through: IP-based proprietary leadership assessments, market-based subject matter interview, 360-degree referencing and external benchmarking. Then, provide a CXO Talent Heatmap with individual and aggregate views of current capabilities and bench strength relative to the Success Profile to include: functional strengths and gaps in technical and pivotal sub-disciplines, leadership gaps that might derail optimal performance, organizational enablers and constraints to the function’s effectiveness.

Optimize - Based on the assessment results of participants, both on an individual and aggregate level, we provide a holistic blueprint to build capability with purpose and optimize the function. This may encompass: organization redesign, succession planning, team-effectiveness, engagement and retention programs, build vs. buy analysis for technical and pivotal roles, hi-potential development plans, expert technical training and job rotations and recruitment.

Client outcomes

We’ve helped our clients face quickly-evolving business and regulatory environments by creating organizational restructures that match the needs of the business climate; avoid disruption and disintermediation by identifying the individuals who can drive strategic change; and transform their core business functions into strategic partners to the Board & CEO.

Our bespoke process targets your most critical talent needs, arming all stakeholders with a deliberate development plan to optimize the performance of your people and maximize the potential in your function.

Nearly every industry is being disrupted by technology, but the question remains: Are boards plugged in enough to understand the issues?

 

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