Strategic Questions Facing Your Organization
Creating Value for Sustainable Growth and Competitive Advantage
Value creation is the primary driver for sustaining growth and competitive advantage in high performing organizations. In today’s global, rapidly changing, competitive environment, organizations either continuously improve and create value to sustain growth or become stagnant and eventually decline.
With the current pace of change, merely maintaining current success can be a losing strategy if your competitors are increasing value through growth and innovation. Eventually, you lose your ability to compete and survive. In fact, successful organizations are often at the greatest risk because a sense of urgency to continuously innovate and develop is lacking due to their success.
Why Most Growth Strategies Fail to Achieve Desired Results
All CEOs, key executives, board directors and shareholders want value and growth, right? And growth comes in many different forms – profitability, revenues, customer loyalty and market share, industry expertise, organizational talent and unique capability. With so many ways to determine value and growth, why do most organizations fail to meet their growth objectives?
Failure To Think & Plan Strategically – Although understanding the importance of growth is easy, identifying the best growth strategies for creating value and competitive advantage can present a significant challenge. Sometimes, even the most obvious opportunities and solutions can be elusive. Each component of an effective growth strategy needs to be viewed and understood through its own unique lens, with clarity through each lens critical to the success of the organization’s overall strategy.
Failure To Build Needed Capacity To Execute – Understanding and building the organizational capability needed to execute the right strategy is where many organizations fall short. Effective growth leaders and their organizations understand, develop and master a well aligned set of competencies and practices throughout the organization to ensure the capability needed for sound execution of their organization’s growth and improvement strategies.
Failure to Continuously Innovate and Lead Necessary Change – In order to grow and successfully compete, organizations must continuously innovate. Unfortunately, innovation efforts fail 75% of the time. In order to succeed, innovation must be effectively led, managed and measured. Continuous innovation requires the creation of an on-going business process that becomes integral to an organization’s culture.
Employing a systems based philosophy, we utilize a wide range of proven, research based strategic models, organizational approaches, diagnostic and assessment tools. Vantage Growth has built a wide breadth of industry and organizational expertise through a proven track record of successfully assisting a wide range of commercial, non-profit and government clients with their organizational growth, improvement and effectiveness strategies. The Vantage Growth Strategic Solution starts with knowing exactly what questions to ask and the ability to carefully look and listen to what our clients see and tell us – and what they don’t see and can’t tell us.
We support clients with solutions that:
Past Strategic Client Engagements:
Changing workforce demographics, globalization, technology and increased competition for talent has transformed the 21st century workplace more dramatically than any at other time in history. While significant multicultural and gender shifts have increased over recent years, changes have moved beyond race and gender. Now for the first time, a multigenerational workforce has emerged in which talent representing four different generations are now working together in organizations creating both opportunities and challenges to growth, success and effectiveness.
The opportunities are to fully leverage the knowledge, skills and experiences of such a diverse workforce. Research has demonstrated that highly diverse teams, when working effectively together, are more innovative, better problem solvers, more adaptable and generally outperform teams lacking in diversity.
There are myriad challenges to meet as well. Diversity brings potential for conflict and dysfunction when differences in values, experiences, preferences, communication and leadership styles are not effectively managed.
The Vantage Growth team understands the opportunities and challenges of diversity first hand. Our team is a multicultural, gender, multi-generational and experientially diverse example of what can be achieved when such diversity is leveraged for high performance and results.
We work with clients to:
Human capital is the ultimate source of organizational value, competitive advantage and sustainable growth. Effective strategies for building talent and aligning people throughout the organization focus on addressing the following questions:
We take a systems approach that begins with gaining an understanding of the organization’s value proposition and the capabilities needed to successfully execute the strategy that creates this value. We accurately assess talent depth, identify needs and work with the client to develop the best strategy to build the pipeline of needed talent. Once identified, a strategy for selecting, organizing, developing, rewarding and retaining key talent is implemented.
The Most Crucial Questions Facing Your Organization Faces
• How does executive performance impact organizational growth and improvement?
• Why do executive leaders derail and ultimately fail?
• What are the best strategies for identifying and developing executive talent?
The Importance of Growing Executive Talent
Strategies for organizational growth and improvement don’t fail without the failure of leaders to think, plan and act strategically, and understand and build the organizational capability needed to effectively execute the right strategies. In fact, executive leadership may be the ultimate and most important source for all other organizational capability needed to create value and build sustained growth and competitive advantage.
Preventing Executive Derailment and Failure
Contrary to opinions held by many, exceptional leaders are not born; they are made, largely through challenging experiences and the ability to learn and successfully apply critical lessons gained from the experiences of others. Executive derailment initially occurs when leadership performance requirements, capability and growth potential are not effectively assessed. Ultimate executive failure occurs when leaders lack crucial development gained from challenging experiences or are unable to apply key lessons of experience or adapt their behavior effectively as new challenges present themselves.
Developing Executives and Leadership Teams
Rigorous assessment, feedback, development planning, assignment management and executive coaching are critical for building executive talent needed to lead organizations and successfully implement sustainable growth and improvement strategies in a highly competitive, rapidly changing environment.
Vantage Point utilizes a broad range of proven development approaches that strengthen the executive talent and leadership capability of clients needed to successfully execute their organizational growth and improvement strategies. An assessment is conducted to understand the organizational requirements for leadership capability and performance.
We then assist with solutions that:
• Utilize research based executive assessment tools to assist clients in identifying and developing high potential, emerging and executive leadership talent.
•Gather and analyze critical executive competency data for identifying high impact leadership development strategies that achieve desired results
• Providing expert executive coaching to accelerate leadership development progress and minimize the risk of executive derailment and failure
Critical Leadership Questions Facing Your Organization
The Importance of Growing Executive Talent
Strategies for organizational growth and improvement don’t fail without the failure of leaders to think, plan and act strategically, and effective organizations understand how to build the leadership capability needed to effectively execute the right strategies. In fact, executive leadership may be the ultimate and most important source for all other organizational capability needed to create value and build sustained growth and competitive advantage.
Developing Executives and Leadership Teams
Rigorous assessment, feedback, development planning, assignment management and executive coaching are critical for building executive talent needed to lead organizations and successfully implement sustainable growth and improvement strategies in a highly competitive, rapidly changing environment.
Preventing Executive Derailment and Failure
Contrary to opinions held by many, exceptional leaders are not born; they are made, largely through challenging experiences and the ability to learn and successfully apply critical lessons gained from the experiences of others. Executive derailment initially occurs when leadership performance requirements, capability and growth potential are not effectively assessed. Ultimate executive failure occurs when leaders lack crucial development gained from challenging experiences or are unable to apply key lessons of experience or adapt their behavior effectively as new challenges present themselves.
The Vantage Growth Executive Leadership Development Solution
Vantage Growth utilizes a broad range of proven development approaches that strengthen the executive talent and leadership capability of clients needed to successfully execute their organizational growth and improvement strategies. We assist with solutions that:
Past Leadership Development Client Engagements
The Challenges Facing Teams
Teams remain the most critical units for getting work done in organizations. Effective team work is critical for organizations to grow, perform effectively, achieve critical goals and sustain success over the long term, and the challenges facing teams are significant.
Organizational structures, built on hierarchical and bureaucratic models are becoming obsolete as the pace of change, complexity and competition increase.
In turn, the need for organizations to become more flexible and adaptable in order to grow, perform effectively achieve critical goals and sustain long term success has also increased. Matrix and virtual teams have emerged to meet these contemporary challenges, but whether new models or traditional ones, significant challenges to team effectiveness remain.
Developing High Performing Work Teams
Because work teams are the basic building blocks for effective organizations and talent alone won’t ensure successful performance of critical teams, incorporating certain key principles for developing high performing teams are essential. Clarity of roles and responsibilities; complementary skill sets; alignment of interests and understanding of shared goals, effective communication and ability to resolve conflict, ability to learn and adapt to change; and resilience in the face of adversity are but some of the key attributes of high performing teams.
Vantage Growth brings extensive teambuilding knowledge, skill and expertise to its clients. Employing a range of assessment, feedback and development methods and tools, we help organizations to:
coach, n. a vehicle designed to move a person from one place to another.
Why Executive Coaching?
Unfortunately, key executives, no matter how talented they are don’t have eyes in the back of their heads, nor a panoramic view of everything they must be able to see in a rapidly changing environment. We all have blind spots and operate from preferred behavioral patterns, and when facing such pressures and demands, may not be fully aware of the consequences of these blind spots and behavioral patterns. Too frequently, executives run on automatic when alternative thinking and behavioral strategies would produce the best outcomes.
When an executive is faced with myriad challenges in gathering and assessing information, weighing decisions and planning the best courses of action, an executive coach serves as a confidential and objective sounding board that not only listens, but can also be a source of critical feedback, alternatives and powerful insights.
Our Coaching Philosophy
The foundation of the Vantage Growth coaching philosophy lies in gaining an in-depth understanding of the key relationships, experiences and values that have had the greatest impact on the coaching client. Knowing where people have been and what has shaped them helps in understanding where they want to go and how to help them get there.
Our Coaching Model
For Vantage Growth, the most beneficial coaching occurs in a developmental context because it is most frequently lacking as a priority with many executives.
Powerful Assessments
Leveraging the results of assessment tools that identify client strengths and development needs, along with an in-depth understanding and broad perspective of organizational culture and the business environment, the Vantage Growth executive coach works to effect high impact change; helping clients to achieve their goals, and maximize their professional development and impact on the organizations they lead.
High Impact Feedback and Development
The assessment data is compiled and feedback is provided to the coaching client; and based on the feedback, joint development action planning ensues. Utilizing proven development research enables us to identify practical strategies that work. Time-bound, measurable and specific development goals are then established with development plans strategically aligned with organizational goals and desired results.
On-going Coaching and Evaluating Results
Experiential and research based strategies are implemented during coaching sessions, which are used to evaluate progress and provide on-going support. A post-assessment completes the process to evaluate its effectiveness and assist in determining whether additional intervention is needed.
The Competition for Talent
Top talent is becomingly increasingly scarce in the marketplace, and like any resource that is in short supply, it is more valuable than ever. Even though the talent shortage was accurately forecast more than two decades ago and will be with us for the foreseeable future, many organizations are ill equipped to meet this challenge. Organizations that recognize this critical reality and are able to respond effectively with a proactive strategy for acquisition, development and retention of top talent will build the needed capacity for growth, sustainability and competitive advantage.
Assessing talent depth in your pipeline
Gaps in the talent pipeline creates gaps in an organization’s ability to execute its strategy effectively. Many organizations recognize the problem but aren’t quite sure how to tackle the challenge. It takes more that a gut feeling to identify and evaluate talent. Careful insight into the use of tools and approaches to accurately assess talent, followed by proven strategies to develop and deploy it is a mission critical competency for successful organizations.
Distinguishing potential from performance
Performance and potential are often confused and used synonymously, when in actuality, there exists a world of difference. Star performers in their current roles don’t necessarily have the potential to be successful in other roles, yet this is often the mistaken criteria used – culminating with unfortunate consequences. Conversely, giving up on people that may not be living up to their promise in their current roles may be even more costly in terms of building your organization’s future capability if you have not properly assessed the cause of the problem and explored solutions that would enable you to gain a greater return on your talent investment
Employee engagement and retention
Turnover has serious bottom line consequences for organizations that fail to understand the real causes of attrition and implement effective strategies to retain critical talent. There is considerable debate and growing research on strategies to engage and retain top talent. Effective supervisory practices, clear line of sight between employee contribution and organizational goals, career development, carefully designed reward and recognition strategies and effective planning and deployment of valued employees are all critical components of an effective employee engagement and retention strategy
Vantage Growth has built a proven track record in the development of strategies that build human capital and effectively manage talent in organizations. Alignments of these components ensure that resources are fully utilized as efficiently and effectively as possible. We provide client solutions that: