Archimedes Consultants - Consultants to CEOs and Investors

Our Expertise

Our Impact

Our People

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Executive Assessment

Talent Management

Succession Planning

Executive Compensation

Sales Compensation

Sales Force Effectiveness

Team Effectiveness

Executive Coaching

Organization Design

 

 

Our Impact

Succession Planning

Clarity and consensus about who will fill key roles when they open in planned or unexpected fashion is increasingly critical. We help boards and senior management understand the quality of their bench strength, develop plans to build and deploy it, and ensure they meet their stakeholder obligations to have the right leaders in the right place at the right time.

  • A large gaming company wanted to be sure their top team had the right capabilities to support a major business expansion and that their succession plan would generate a sufficient supply of qualified candidates. We designed a custom competency model for this company that reflected their unique business requirements, assessed their top eight executives against this model, and provided detailed evaluations and development plans for each executive. The quality of the succession plan helped facilitate an acquisition by a private equity firm a year later.
     
  • With changes in the regulatory environment and calls for stronger board oversight, a leading global investment bank decided to take steps to more fully engage its board of directors in executive succession planning and strategies for leadership progression. While the company had a history of annually collecting data on top executives and sharing that with its board, the process was seen as cumbersome, ineffective in properly engaging the board, and yielding rubber-stamp succession decisions. We worked closely with the bank’s top executives to identify areas for improvement and then with corporate human resources to implement a new system for compiling, analyzing and displaying assessment data, sharing with the board and facilitating a dialogue between the board and the CEO and other officers.
     

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