Project Management Investigate

Optimizing Your Leadership Pipeline

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Executive Summary

What will drive the success of the business? Aggressive top-line growth? Entering new global markets? Launching the next blockbuster product? Managing through an economic down-turn? No matter which future course one plot for the business, success will rely on flawless execution. And - in turn - flawless execution will largely depend on the organization's ability to choose and prepare the best possible leaders for tomorrow. Organizations achieve sustainable success when they build strong leadership bench strength. Throughout his ten-year tenure as CEO of Quest Diagnostics, one of Ken Freeman's major areas of focus was on talent - identifying and developing the right team to lead others at critical stages in the company's evolution. Quest sailed through a merger with SmithKline Beecham, realizing a 300 percent increase in market value.

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