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Kfalp individual feedback_slides2018
© Korn Ferry
2015. ALL RIGHTS RESERVED. Korn Ferry Assessment of Leadership Potential Assessment Description SPARK POTENTIAL IGNITE GREATNESS
© Korn Ferry
2015. ALL RIGHTS RESERVED. 2 Your capacity and interest to develop the qualities required for effective performance in a significantly more challenging leadership role. Leadership potential
© Korn Ferry
2014. ALL RIGHTS RESERVED. Overview 1. Intro to assessment 2. Detail review of assessment structure 3. Goal setting
© Korn Ferry
2014. ALL RIGHTS RESERVED. Preparing for and Utilising Feedback 1. Being ready 2. Being open 3. Making concrete plans to take action
© Korn Ferry
2015. ALL RIGHTS RESERVED. 5 Leadership potential and Dimensions of Talent Degree of match to specific business challenges and organizational culture. Effectiveness against challenges of specific future role. Capacity to develop into an effective performer in higher level roles. Effectiveness against challenges of current role. PERFORMANCE Current role POTENTIAL Future role READINESS Next role FIT Specific role
At each career
or role transition Freedman (1998, 2005)
Potential is defined
in reference to a specific (target) leadership role or level. Current Level Target Aspiration You indicated this And this We picked this as a comparison
© Korn Ferry
2015. ALL RIGHTS RESERVED. 8 Leadership means to be ready to change Learn to manage projects and day-to-day business operations. Let go of doing the work. Relate well to people with different goals/objectives. Deal with inherited challenges. Learn to manage through others. Develop rather than implement vision/strategy. Perform in the spotlight. Coordinate / Integrate across diverse business functions. Chief Executive Officer/Top Organizational Executive Top Business or Organizational Group Executive Senior / Top Functional Leader Business or Organizational Unit/ Division Leader Functional Leader Mid-level Leader First Level Leader Team Lead Individual Contributor / Professional
© Korn Ferry
2015. ALL RIGHTS RESERVED. 9 Six Signposts of Leadership Potential Drivers The drive and motivation to serve as a leader. Awareness Self- awareness of strengths and developmental needs. Leadership Traits Leadership traits associated with advancement. Derailment risks Managed derailment risks. Experience A track record of formative experiences. Learning agility The ability to learn from experience. Aptitude for logic and reasoning.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 10 Advancement drive Refers to a leader’s drive to advance through collaboration, ambition, challenge. Career planning Reflects how narrowly or broadly focused are the participant’s career goals and how specific is his/her career plan. Role preferences Indicates the preference for the work of roles requiring versatility and achievement through others vs. professional mastery and expertise. Drivers How interested and driven you are in pursuing the challenges and work of leaders. Research shows that high potential leaders value the nature of leadership work, the opportunity to make a difference, having a positive impact on their coworkers and organization, and having greater responsibility. Advancement drive and Role preferences are normed against the Target Level. Career planning is not normed. 2 of 3 need to be green in order to be ‘strong’ in the overview.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 11 Core experience Reflects what the leader has learned in the course of his/her day-to-day leadership career. Perspective Reflects the diversity of a leader’s experience across organizations, industries, functional areas, and countries. Key challenges Indicates the leader’s experience with a number of seminal developmental challenges. Experience Experience explores where you have been and how you have prepared to transition to more significantly challenging roles. All experience subscales are normed against someone’s Current level. 2 of 3 need to be green in order to be ‘strong’ in the overview. Research has found that challenging experiences contribute to the development of a broad variety of leadership competencies including business knowledge, visioning, strategic thinking, problem solving, decision making, change management, and interpersonal skill.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 12 Awareness Self-awareness The extent to which the leader is aware of his/her strengths and development needs. Situational self-awareness The extent to which the leader monitors, and is aware of how events impact his/her performance. The extent to which you are aware of your strengths and development needs in the context of your work. All awareness subscales are normed against the Target Level 2 of 2 need to be green in order to be ‘strong’ in the overview. Research shows that highly self-aware leaders have a positive impact on company performance. A prevalence of high self- awareness amongst leaders correlates with a high rate of return.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 13 The extent to which leaders extract lessons from experience and leverage them in novel situations. Learning agility Mental agility Reflects a leader’s tendency to be inquisitive and approach problems in novel ways. People agility Reflects a leader’s skill in reading others and applying the insights gained in people- related matters. Change agility Reflects a leader’s tendency to promote new possibilities and to take ideas from vision to reality. Results agility Reflects the propensity to deliver outstanding results in new and tough situations. All Learning agility subscales are normed against the Target Level 3 of 4 subscales need to be green in order to be ‘strong’ in the overview. Research shows that learning agile leaders are rated more competent, recognized as having the most potential for advancement, get promoted faster and more often than their peers, and outperform their peers after a promotion.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 14 Dispositions leaders possess that make them naturally inclined to lead. Focus Reflects the balance between attending to details and keeping an eye on the big picture. Persistence Reflects the passionate pursuit of personally valued long-term goals. Tolerance of ambiguity Reflects a leader’s capacity to deal effectively with uncertainty or confusing situations. Assertiveness Reflects the willingness to assume a leader role and comfort with leadership. Optimism Reflects a leader’s tendency to have a positive outlook. Leadership traits All Leadership traits subscales are normed against the Target Level 4 of 5 subscales need to be green in order to be ‘strong’ in the overview. Research shows that the traits matter to success and that some matter more than others for leadership success.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 15 Leaders manage those configurations of traits which might lead them to derail. Derailment risks Volatile Indicates a risk toward being mercurial, erratic, or unpredictable. Micro- managing Indicates a risk toward over controlling the work of direct reports. Closed Indicates a risk toward being closed to alternative perspectives and opportunities. Derailment risks are normed against the Target Level 3 of 3 must be green in order for it to be ‘strong’ in the overview page. Research shows the risks related to derailment go up at higher job levels: expectations are higher and consequences of failure are higher.
Reading your report
© Korn Ferry
2015. ALL RIGHTS RESERVED. 17 Individual Report The target level against which you are assessed.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 18 9 org levels and 6 norm groups First Level Leader Mid-level Leader Business Unit Leader Sr. Executive Norm groupings Functional Leader Sr. Functional Leader 1 2 3 4 5 6 7 8 9 Org levels 1 2 3 4 5 6
© Korn Ferry
2015. ALL RIGHTS RESERVED. 19 Signposts are presented in the development language There is NO total score in KFALP
© Korn Ferry
2015. ALL RIGHTS RESERVED. 20 Individual Report: Overview page Signposts that need development Signposts that do not need development
© Korn Ferry
2015. ALL RIGHTS RESERVED. 21 Individual Report: Assessment details Status, Icon, Signpost 1. Overview of what the signpost measures. 2. Summary of your results.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 22 Learner’s score (percentile) § Normed against the target level. § Except for Experience – normed against the current level. Individual Report: Reading the results Well below average Below average At or above average Well above average (sometimes) Your results place you at the 16th percentile compared to successful target level leaders.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 23 Generic, boilerplate definition of lower scores. Generic, boilerplate definition of higher scores. Individual Report: Scale Computer generated, narrative interpretation of your results.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 24 Learner’s score (percentile) Individual Report: Derailment risks High risk 91+ Risk 85-90 Minimal to low risk for <85 Your results place you at the 28th percentile compared to target level leaders.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 25 Individual Report: Development priorities Top three development priorities based on the scores.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 26 Individual Report: Summary
© Korn Ferry
2015. ALL RIGHTS RESERVED. 27 Individual Report: Levels Current level (as reported by you). Target level (set by your organization). Career aspiration (as reported by you).
© Korn Ferry
2015. ALL RIGHTS RESERVED. 28 Individual Report: Summative overview Highlights of your career to-date. Summary of your (self- reported) career goals and career plan. Attributes you chose to describe your ideal role.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 29 Individual Report: Aspirations Your report having two or more years experience at each. You would consider roles in these areas. Your (self- reported) current level. Number of rows to appear in the report will depend on what was chosen by you.
Getting the most from
your results
© Korn Ferry
2015. ALL RIGHTS RESERVED. 31 What: What do your results say about you? So What: What implications do your results have for your goals and objectives? Now What: What are you going to do about it?
© Korn Ferry
2015. ALL RIGHTS RESERVED. 32 What: What do your results say about you? § Be sure you can accurately describe your assessment results. § This sounds simple (and it can be) but it’s very important.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 33 So What: What implications do your results have for your goals and objectives? …My results suggest that I am less comfortable with ambiguity than is typical for successful target level leaders. …I aspire to be a target level leader. …I need to find a way to keep my relative intolerance for ambiguity from impacting my success as a leader.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 34 Now What: What are you going to do about it? …I need to find a way to keep my relative intolerance for ambiguity from impacting my success as a leader. …Maybe there is a way I can decrease the amount if ambiguity I face. …Maybe I can learn to be more tolerant of ambiguity. …Perhaps I can delegate the most ambiguous tasks to my team to pre- process for me.
© Korn Ferry
2015. ALL RIGHTS RESERVED. 35 Other considerations § How important is it? § What other priorities are there? § How much effort is required? § Where will I get the best return on my developmental effort?
© Korn Ferry
2015. ALL RIGHTS RESERVED. 36 When developing goals, ensure that they are: § Focused (no more than 3). § Challenging and realistic. § Relevant to the organization. § Action-oriented. § Measurable. § Time-phased. Goal setting
© Korn Ferry
2015. ALL RIGHTS RESERVED. 37 Complete Doodle Poll to set appointment with Susan to receive report by email and review results. Address questions. Set up time with manager to discuss themes and focus areas. Complete your Development Plan. Next steps
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