Virtual Executive Assessment
When you make a large investment in your business or home, there is a normally a comprehensive due diligence process. Without such a process, costly and disastrous mistakes could follow. Top organizations do the same when they select key executives, while organizations who flounder rely on cursory judgment from a few interviews, resumes, and an incomplete background check. Now with the fully remote OE Executive Assessment Center, there is no excuse.
“Executive selected using assessments are 8x more likely to be promoted in three years than those who weren’t.”
— Korn Ferry
Today, organizational leaders need to make decisions and execute in a highly unpredictable, volatile and complex environment. Finesse and agility are no longer nice to haves, they are a necessity. In addition, it is now even more critical that these leaders are multipliers rather than diminishers, that they grow other's capabilities and create engaged high performing teams.
“The cost of replacing an executive can range from $750k to $2.2million.”
— Hogan, Hogan & Kaiser, APA Handbook of Industrial and Organizational Psychology, 2011
“Decisions decides destiny.”
— Isrealmore Ayivore
Executive assessments provide a comprehensive evaluation of competencies and work style for critical leadership positions to determine the fit for a new role or to create a development plan for a future role. Leaders who are selected using assessments are more likely to be retained and to be promoted.
Assessments are conducted by business psychologists. The assessment day process is between 2 and 8 hours depending on the position and selected components and can be conducted virtually.
Executive assessment components include:
Tailored case studies and role plays
Competency and style assessments
Strategic thinking measures
In basket exercise
An integrated report with development suggestions is delivered in a consultative conversation to the manager. Feedback and coaching is available for participants.
We commit to knowing your business and culture, so we ensure each assessment is valid for your organization. Because participants can easily see the correlation between the assessment and their work, the experience becomes a lasting resource used to build skills.