A Sustainable Emerging Leaders Programme for Edelweiss
Key Facts
PAT
PAT (excluding insurance) CAGR of 38% over the last four years
Context
- Edelweiss started the journey of identifying and nurturing potential very early on
- The process had shown promise as several of Edelweiss’ current middle and senior managers came from this programme
- Goal was to now take the programme to another level of objectivity and rigour and deliver business impact
Approach
- Sessions with internal teams to refine and refresh the competencies required of Emerging Leaders
- Design of a process combining assessments led by business managers and through a series of Assessment Centres
- Assessment integrated Potential, Performance and Preferences of the individual
- One-on-one feedback for participants to faciliate development
- Developmental journey over two years, based on 70-20-10 principles
Context
- Identification of 60 high potential Emerging Leaders from a pool of 250, for a sustained two-years journey
- Complete engagement of the organisation in talent identification and development, including participants and line managers
- Analytics and insights into talent pipeline in different parts of the business, resulting in actionable and differentiated measures
Client Feedback
“We had a fantastic experience working with BasilTree for the design and implementation of the selection of the Edelweiss Emerging Leaders 2016-18 batch. Their scientific rigour, thoughtful structure and flawless execution helped us to put together a class of 60 top performing young leaders from across our diverse businesses, geographies and over 6,000 employees in record time, while raising the bar on quality. BasilTree also delivered structured feedback to each candidate, based on our five Emerging Leader core competencies. We were so pleased with BasilTree’s professional and methodical approach that we have engaged with them to administer a two year development program for the Emerging Leader class. We would recommend them highly to any progressive organization looking to do cutting edge work in leadership and professional development.”
– Nalin Moniz, Head – Multi Strategy Funds, Edelweiss Financial Services