Human capital management
Identifying the right people and getting the best out of them should not be entrusted to chance. Effective human capital management should be thorough, rigorous and well-planned.
Cody Baird, Senior Consultant
We can help you with all aspects of human capital management, including succession planning, leadership assessment, remuneration and benchmarking, and psychometric profiling.
Insurance is all about taking a long term view and preparing for the future. Succession planning is an essential part of that process for forward-thinking insurance companies – and we are ideally placed to help in this critical area.
Ensure your future
In today’s fast moving markets, succession planning is a fundamental priority for our clients. Having the right people in place plays a critical role in safeguarding the performance and future success of the business.
It is vital to ensure up-and-coming talent is recognised and rewarded, and that key individuals have the opportunities they require to develop and flourish. Effective succession planning also ensures that the right level of leadership support is in place for a smooth transition.
We work in partnership with clients, providing high-level advice and help develop a plan that covers a range of succession scenarios. We provide support throughout the process, to create a clear and objective succession planning road map.
A methodical approach to succession planning
Sustainable succession planning strategies are likely to include:
- A detailed and strategic review of roles and existing succession plans
- A review of the short and mid-term business strategy in relation to the roles in question
- Evaluation of internal talent and benchmarking against peers across the insurance sector
- Identification of external candidates where necessary.
If you are going to execute strategy and manage the business effectively, it is essential to have the right people at the core of your organisation. Our role is to help you identify and develop your future leaders, armed with detailed and objective information on their talents, their ambitions and the expertise they will add to your teams.
We analyse,locate and foster high-potential individuals at all levels within your business, from executive management and product lines to functional and technical positions. This gives you a solid foundation for promoting the right people, based on objective criteria, a vital external perspective and a thorough assessment of abilities and aptitudes.
Remuneration and Benchmarking
Rewarding your key individuals is essential in highly competitive markets. It is vital that the people who add most to your organisation feel sufficiently valued for what they do.
Effective retention of the best people depends on an accurate remuneration and benchmarking strategy. We help by bringing a wide range of specialist skills to help you properly and thoroughly evaluate your existing remuneration and benefit structure for executive, management, functional, technical and line positions. We can also benchmark salaries against the wider market, nationally or internationally as required.
It has always been true: square pegs don’t fit in round holes.
It is vital that the people you recruit and promote are right for your teams and organisation. We can help by utilising the latest psychometric tests, including personality profiles, reasoning tests, motivation questionnaires and ability assessments. These provide objective information that supports more traditional assessments such as interviews. They are a vital resource, assisting you in making better decisions when it comes to recruitment and human capital management.
To help you with this, we bring our own specialist expertise, but we also partner with a range of the world’s top psychometric profilers to support you when evaluating talent, both internally and externally.
Services that match your needs
For more information on our human capital management services, or to discuss your requirements in detail, please contact one of our experts.