A private insurer’s growth was pushing them beyond the management team’s capabilities. The company’s CEO knew that developing significant leadership bench strength would be the highest priority for the organization’s long-term success.
InitiativeOne exposed more than 100 leaders to an intensive leadership enhancement process. All leaders also participated in developing an in-depth, focused strategic plan to drive profitable growth.
The company’s market valuation improved by $825,000,000 in three years, and it was purchased by a competitor for $1.1 billion. Public communications noted that the purchaser was willing to pay a premium to acquire the company, due to the “depth of its leadership talent” throughout the organization.