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Canadian Pacific, facing an aging workforce and critical talent gaps, needed a succession management system to quickly meet their needs.
Canadian Pacific Railway needed to focus on succession management processes to address primary business growth, profit, and risk-mitigation business needs. They also needed to build bench strength from the CEO level down through mid-level leaders.
Following PDI Ninth House’s assessment of 80 top executives, Canadian Pacific expanded their succession and development assessment program to 400 mid-level managers. PDI Ninth House consultants provided individual coaching and development planning to assist in leadership development. Canadian Pacific also utilized PDI Ninth House’s Time2Change® performance management software and a PDI Ninth House edition of SuccessFactors™.
Canadian Pacific reports that “PDI Ninth House has given us a new paradigm in how to build careers and talent. We’ve been able to strengthen our retention and increase our bench strength. Our senior executives have rapidly advanced up the talent management maturity curve with a focus on building skills in areas critical to strategy success.”
Learn how PDI Ninth House can help your organization with succession management solutions.