I was in Norway last week with Statoil Hydro, the global energy company. Our firm, The RBL Group, has been privileged to assist Jens Jenssen and his human resources team in the transformation of HR… At a meeting of the HR leadership team, we talked about the company’s global growth ambitions and the importance of accelerating the development of their future leaders. Like so many companies, Statoil Hydro has many opportunities for growth—more opportunities than they have “ready” leaders to fill.
We faced this challenge at National City Corporation, one of the largest U.S. banks and now part of PNC. Over a five year period, we learned that a simple rule governs a company’s ability to develop leaders quickly and effectively. RBL Group partner Dave Ulrich calls it the 70/20/10 rule.
Learn how this rule works.