The Challenge
The UK branch of
the business was facing internal issues.
Whereas other international offices had merged with Arthur Andersen,
propelling EY to the number 1 or 2 spot globally, the UK firm had not
and remained in the number 4 spot. The incoming
UK
Chairman had been elected on a platform of growth via change in the partner
behaviours to better match the corporate values. He also had to deal with a perception from
other regions of the firm that the UK business was
underperforming.
The Solution
Bath Consultancy Group were brought in to run a
Partner Leadership Development Programme for all 400+ partners in the UK practice. This would be the first major, systematic
piece of partner development that EY had ever embarked upon. Although culture change was not a
contractualised part of the programme, there was an expectation that the
development programme would concentrate heavily on the values. This in turn would lead to improvements in
partner recruitment and retention, which would drive growth.
The design called
for partners to attend a Foundation Event in cohorts of 24. Each partner had a 1:1 interview with a BCG
facilitator prior to the event, to ensure that their personal learning
requirements were being met. The event
then involved a mixture of plenary learning and small Learning Group coaching,
again allowing further individualised development. Evenings involved further learning at dinner
events, where senior leaders from within the firm and major clients were
invited to give live opportunities for practicing the learning in a safe
environment. The Learning Groups
continued to meet over the next few weeks, ensuring that the learning was taken
back into the workplace and bedded in, and giving an opportunity for further
coaching on significant issues.
Over the next weeks, participants were then offered
the opportunity to attend a selection of 1.5-day specialist workshops, again
depending upon their personal development needs. These included modules on: Personal
Leadership Capacity; High Performing Teams and Client Relationships; and
Transformational Coaching. Finally, four
cohorts (96 partners) were invited to a Leadership Summit where they were able
to compare stories of their successes and build them into viral motivational
techniques.
The Outcomes
By the time the
programme came to a conclusion, over 450 partners had taken part from the now
integrated UK and Ireland
practices. Bath Consultancy Group was
also asked to roll out similar programmes to South
Africa and India, as part of the move towards greater
integration within the EMEIA region. EY moved from 12th to 4th in the Best Big Companies Rating.
People
Metrics: At the start of the programme in
2006, EY was ranked 12th in the Sunday Times 20 Best Big Companies
to Work For. Improvement in this was
seen as a key recruitment objective. By
2007, EY had moved up to 4th place.
Internal metrics also reflected the improvement in morale, with the
Global People Survey showing increases in trust (up 10 percent), living the
firm's values (up 4 percent) and retaining talented people (up 6 percent).
Fiscal
Performance: Another key performance objective
was seen as being closing the gap between EY and the other Big 4. Again, this was achieved in 2009 when EY
found itself better placed to weather the recession than its rivals.
Participant
Satisfaction: Events were rated by participants on a variety of
points, as part of an ongoing quality control regime, and consistently scored
highly (with an average rating of over 8/10).
At the Chartered Institute of Personnel and Development
conference held in September 2008, Andrew Wright, who is head of partner
development in EY, spoke about the program's successes. He stated that the
partners committing to the program was a success in itself as this had never
been achieved before. Since the program has been running, feedback has been
continuously positive. He spoke about the real and sustained change that he has
witnessed at a personal level and change at a group (collective) level.
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