Increase in Productivity for Insurance Company
CLIENT OVERVIEW:
Fortune 100 insurance company | $47 billion revenue | 56,000 employees
Problem
The C-suite called for more objective metrics of leaders in preparation for company-wide talent reviews. The company needed to quickly assess top 300 executives that were geographically dispersed.
Why Pinsight
The organization selected Pinsight over other assessments because of it’s need for a globally scalable, standardized, executive assessment that could be deployed quickly, in various geographic locations and languages.
Pinsight also provided them with an engaging assessment that would not only provide accurate data for talent reviews but also feed into participants’ development.
Outcome
The Pinsight assessment was a strongly correlated with ratings of job performance (r = .54). Hence, basing succession decisions on the assessment results leads to increase in productivity: High scorers are up to 10x more likely to be top performers than low scorers, allowing the organization to confidently agree on people moves within days, reducing conflict, bias and lengthy review process.
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