Situation: Private insurer experiencing growth beyond the management team’s capabilities. CEO indicated greatest priority for long-term success of company was to develop significant leadership “bench strength.”
Process: InitiativeOne exposed over 100 leaders to an intensive leadership enhancement process. Additionally, all leaders participated in developing an in-depth, focused strategic plan to drive profitable growth.
Return: Market valuation of the company improved $825,000,000 in three years. Company was purchased by its competitor for $1.1 billion – with public communications noting purchaser was willing to pay the premium due to the “depth of its leadership talent” throughout the organization
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