Management Audit

Within the context of revised strategy, change in management, reorganization or due diligence, an unbiased and objective evaluation on the managerial and leadership capacity of the management team (or talent pool) and its members is critical factor in ensuring its short- and long-term success.
What is Management Audit?
Management audit provides an unbiased and objective in-depth assessment of the managerial and leadership competence and potential of the entire management team (or talent pool) as well as a differentiated and individual evaluation of the executives in question.

In which situation people use Management Audit?
Management Audit is needed whether the present management team meets the business requirements of the future and is prepared to successfully manage the challenges of increasing business complexity and competition. Systematic Management Audits are usually caused by major changes in businesses, such as:

  • Change in Management – Get the objective and qualified pictures as to the strengths, chances and risks of the management team as well as individual manager
  • Mergers & Acquisitions – Represent the objectives as well as a credible tool to identify the best qualified managers out of competing management teams
  • Succession Planning – Audit both internal and external candidates to choose “the best”
  • Restructuring / Strategic Alignment – Evaluate performance and potential of the complete management team in order to explore vital risks and chances
  • Leadership Development – Conduct leadership talent evaluation and team effectiveness analysis to develop training and development program planning

Benefits and uniqueness of Assessment Center
For organization:

  • Minimization of risk of reaching defined organizational goal
  • Basis for focused development measure at individual and team level
  • Objective basis for decision on career planning and promotion policy
  • Verification of specific job profiles
  • Basis for recruitment decisions in the context of possible restructuring of the management team

For audit participants:

  • Impartial, personal evaluation and potential analysis
  • Comprehensive feedback on own success factors and development potential
  • Concrete recommendations for personality development
  • Increased awareness of future positioning within the executive team

General process of Management Audit

  • Briefing and communication of the Management Audit
  • Defining evaluation criteria
  • Analyzing document
  • Conducting assessment and consolidation
  • Providing individual development feedback
  • Delivering individual and group summary report