Overview: $20m professional services firm. Founding partner was looking to exit. AltusQ facilitated a top-down strategy combined with bottom-up staff reviews and coaching. End result was a 70% growth in profit per partner.
Founding partner and key driver looking to retire
Some young partners finding their feet and manager group not effectively managing
Issues of accountability and underperformance not fully managed.
2-Day Strategy Offsite to clarify and align the firm’s strategic direction and project priorities, followed by a program of regular implementation meetings and annual leadership retreats
Firm’s culture and values documented and embedded
Full review of staff attitude and capability with underperforming staff moved “up or out”
Structured succession program for founding partner
One on one and group leadership coaching for partners and managers involving “The Leadership Circle” 360 tool.
Founding partner has successfully retired with no client losses
2 new “home grown” partners have been appointed
Far more connected and effective partner and manager team
Significant reduction in staff turnover and increase in recruitment conversion