Chapel Hill, NC (08/28/14) – Waldron, the Seattle office of Career Partners International, the leading global provider of outplacement, executive coaching, career transition and other talent management services, was recently featured in the Institute of Corporate Productivity (i4cp) study, “Creating a High-Performance Culture.” The study highlights a comprehensive leadership development program designed by Waldron/Career Partners International – Seattle for Emeritus Senior Living because of its outstanding results and plans for continued implementation.
With a partnership that initially began based on succession planning needs in the organization, Waldron/Career Partners International – Seattle helped Emeritus define what effective leadership looks like within the organization and how individuals can achieve success in leadership roles. Using a 360 assessment customized to Emeritus, Waldron/ Career Partners International – Seattle assessed leaders against the nine leadership competencies defined through the process and created personalized development plans that include executive coaching to help individuals develop or enhance the required competencies.
In the i4cp report the Senior Vice President of Human Resources at Emeritus, Liberty Stansberry, was quoted, “The CEO, the executive team, and every VP who has been in the company more than six months has gone through the coaching program. The feedback from participants has been overwhelmingly positive.”
The program, which is in its fourth year, continues to produce positive results for Emeritus in retention, promotion rates, and employee satisfaction. Emeritus indicated that 40-45% of current executives are promoted from within, helping the company create a leadership pipeline for succession. Emeritus plans to roll the program out to the executive director level in all locations. Additionally, development of employees that includes coaching has become an integral part of the organization’s culture.
“While the traditional executive coaching process takes place over a period of months, introducing this very brief coach facilitated process has driven rigorous development planning into the culture in a unique way,” commented Kevin Osborne, Vice President of Client Services at Career Partners International – Seattle, in the i4cp report. “I think it was key that Emeritus chose to do this right – starting at the top and cascading it down.”
The i4cp report outlines four strategies and practices for organizations not yet ready to completely overhaul performance management practices in order to make efforts more effective. Their recent press release regarding the report states that the most pertinent of the four findings is that “a truly effective performance management strategy is fluid and it reflects the changing needs of the customer or broader market. Goals, behaviors, and objectives should all be in direct relation to the customer.”
“The level of success that Emeritus continues to experience demonstrates the importance of understanding our client’s goals at Career Partners International,” added David P. Hemmer, President and CEO of Career Partners International, headquartered in Chapel Hill, NC. “We focus on identifying and addressing the specific needs of each client. As the i4cp research indicates, only by focusing on these distinct needs can approaches like the one implemented at Emeritus be successful in developing leaders within organizations.”
The complete research study is available exclusively to i4cp members; however, a summary version can be downloaded here. For more specific information on Waldron/Career Partners International – Seattle’s work with Emeritus Senior Living, please visit www.cpiworld.com/news-events.
About Emeritus Senior Living
In 1993, Emeritus began offering an alternative to seniors who could no longer live at home, yet did not require full-time skilled nursing home care. Emeritus, a Brookdale company, has since grown to become a leader in the assisted living industry, with one of the largest networks of assisted living and retirement communities in North America. Our primary goal is to provide the support residents need to live full and satisfying lives, while helping them maintain their independence and dignity.
About the Institute for Corporate Productivity
i4cp is a human capital research firm that discovers the people practices that drive high performance. Ranked among the fastest-growing companies on the Inc. 500|5000 list for four consecutive years, i4cp provides its extensive member network of leading global employers and government institutions with the research, peer collaboration, tools, and data essential to developing and executing workforce strategies and practices that deliver higher market performance. To learn about i4cp and i4cp's People-Profit Chain™, an empirical model to increase organizational performance up to 3x, go to i4cp.com/ppc.
About Waldron/Career Partners International – Seattle
Founded in 1982, Waldron/Career Partners International – Seattle is the consulting partner strategic leaders choose to help attract engage, and inspire effective leaders. Waldron provides a unique combination of executive search, leadership development and career transition services across sectors and industries. Our passion is helping people and organizations realize their full potential and increase their impact. Waldron is proud to be a Certified B Corporation™ and the Seattle office of Career Partners International. More information can be found at www.waldronhr.com.
About Career Partners International
Career Partners International enhances organizational performance and people’s lives every day! As a global leader in talent management consulting since 1987, organizations of all sizes and industries trust Career Partners International for the very best outcomes to their most challenging and important talent strategies and initiatives. With the most experienced and respected consultants in more than 45 countries, Career Partners International provides clients with one-on-one access to local experts in talent development, career management, executive coaching, outplacement and career transition services to successfully assess, engage, develop and transition talent to drive organizational performance. More information may be found at www.cpiworld.com.