No matter what industry you’re in, you’re likely feeling the effects of the talent shortage. According to our research, 71% of U.S. employers are having difficulty finding skilled talent. This number has more than doubled since 2015.
Relying on tried-and-true hiring and retention strategies isn’t cutting it for most employers. Here’s why:
When you’re understaffed, things can start to spiral quickly. In a recent Gartner survey, 57% of HR leaders say skills shortages are undermining their ability to sustain corporate performance.
In this climate, every hiring decision matters. But just as important is ensuring your current employees are engaged, fulfilled, and in roles where they can thrive.
Leadership assessments can address both of these issues.
There’s plenty of evidence that assessments can improve hiring outcomes. Here are some of the ways in which talent assessments are frequently used:
Assessment for the purpose of developing internal talent can support internal mobility, identify potential leaders, and align employee strengths with business needs.
Assessments can identify:
For a quick primer on how assessments accomplish these tasks, see our blog, Leadership Assessment Test: Uncover Potential and Skill Gaps.
Assessments can provide you with a mountain of data, but it’s what you do with that data that’s crucial. The art of assessment comes from collecting, organizing and creating a narrative that you can use—and the real art comes from tailoring that assessment to your specific needs.
And that’s not easy to do.
To drive real business outcomes, assessments must reflect the unique dynamics, pressures, and success factors of your industry vertical. Tailoring assessments to industry context elevates relevance, credibility, and impact.
For example, consider how key leadership needs vary across industries:
Assessments that ignore context miss the mark and may surface the wrong insights.
We design assessments that align closely with each client’s business goals, industry context and talent strategy. Here’s how we do it:
Here are two real-world examples of industry-specific assessments we conducted.
Enhancing Fairness and Fit in Hiring at a Major Energy Provider
A leading energy company sought to improve fairness and objectivity in hiring for managerial and executive roles. They partnered with Right Management to implement tailored selection assessments aligned with their leadership model and unique business challenges.
Over 6,000 hiring decisions—from supervisors to C-suite—were supported by a dedicated team. Assessors provided timely feedback and development planning for internal and successful external candidates, reinforcing the company’s commitment to growth and talent development. As a result, leadership was more focused on talent retention, and hired candidates with stronger assessment scores, which led to stronger performance.
Building Future-Ready Leadership in a UK Insurance Firm
Facing rapid market change, global competition and the need for digital transformation, a UK-based insurance company sought to align its talent strategy with evolving business demands. Their goal: attract, retain and mobilize talent while preparing leaders for an uncertain future.
Right Management partnered with the organization to design a leadership assessment process tailored to their needs. A custom senior leadership profile was developed to define what great leadership looked like and was used for talent identification, development and succession planning.
Sixty-four senior leaders were assessed against the profile, revealing strengths, gaps and future potential. Insights were delivered through a dynamic talent dashboard, enabling data-driven workforce planning. A streamlined version of the assessment is now used for external hires and internal promotions, embedding leadership alignment across the organization.
For more about leadership assessments and leadership coaching, read our blog, How to Develop Leaders.
When assessments are aligned with industry trends and business strategy, they become a lever for transformation. Better hires lead to stronger teams, clearing the way for you to reach your strategic goals.