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Management Appraisal Egon Zehnder Essay

7476 words - 30 pages

Table of ContentsIntroduction41. Why a Management Appraisal?53. Basics of a Management Appraisal73.1 Differentiation of the Management Appraisal73.2 Limits of a Management Appraisal83.3 Advantages and Disadvantages84. The Egon Zehnder Model of Competence94.1 Definition, Selection and measuring competence94.2 Evaluation of Performance and Potential125. Reflection of German management135.1 Strengths and Weaknesses of German executives135.2 Potential and fulfillment of tasks155.3 An Insight into the Industry185.3.1 Engineering and Automotive Industry185.3.2 High tech industry195.3.3 Utility Industry205.3.4 Life Science industry215.3.5 Consumer Industry226. Conducting a Management Appraisal236.1 Critical factors for success246.2 The six steps of a Management Appraisal256.2.1 Define Goals and Methods256.2.2 Detailed planning of the project266.2.3 Conduct Interviews and obtain references266.2.4 Compile the analysis and calibrate276.2.5 Present and discuss results276.2.6 Give Feedback28An Outlook28Bibliography29Table of FiguresFigure 1: Function of a Management Appraisal5Figure 2: Direction of a Management Appraisal6Figure 3: Model of Competence10Figure 4: Matrix of Potential and Fulfilment of tasks12Figure 5: Competence Profile of German executives; Source: Egon Zehnder International13Figure 6: Profile of competence Industry Average; Source: Egon Zehnder International16Figure 7: Profile of competence Industry Average; Source: Egon Zehnder International16Figure 8: Profile of competence "Best Practice" Company; Source: Egon Zehnder International16Figure 9: Benchmarking Industry Average; Source: Egon Zehnder International17Figure 10: Engineering Industry; Source: Egon Zehnder International18Figure 11: Automotive Industry; Source: Egon Zehnder International19Figure 12: High Tech Industry; Source: Egon Zehnder International20Figure 13: Utility Industry; Source: Egon Zehnder International21Figure 14: Life Science Industry; Source: Egon Zehnder International22Figure 15: Consumer Industry; Source: Egon Zehnder International23Figure 16: Flow chart of a Management Appraisal with Milestones25Figure 17: 1. Step: Define Goals and Methods25Figure 18: 2. Step: Detailed Planning of the Project26Figure 19: 3. Step: Conduct Interviews and obtain References26Figure 20: 4. Step: Compile the analysis and calibrate27Figure 21: 5. Step: Present and discuss results27Figure 22: 6. Step: Give Feedback28Table 1: Advantages of a Management Appraisal6Table 2: Application and Results of a Management Appraisal7 IntroductionWhen companies need to staff an important leading position, want to build another business field to expand or want to implement a new strategy in a business division, they need to find the right manager to do the job. To evaluate the criteria for assessing and comparing the candidates at choice and to be absolutely sure that all relevant candidates are found and not missing any high potential for the management position is a difficult task that shouldn't be...

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