Case Study: Designing a Thoughtful Organizational Transition

Services:

• Succession planning
• Executive leadership transitions
• Zero-based transformation
• Talent assessment
• Reorganization planning

A multigenerational multifamily developer and operator with holdings concentrated in the mid-Atlantic was in the midst of a strategic shift: most importantly the company was expanding to a broader set of geographies and positioning the next generation to assume leadership. RCLCO was engaged to design a thoughtful organizational transition to support both objectives.

Approach

►An extensive outreach effort was undertaken to assess internal competencies and cultural nuances
►With executive leadership, RCLCO undertook a “blank slate” approach to building an organizational structure to meet the company’s growth objectives
►We completed a comprehensive talent assessment of key leaders and developed individualized training & retention plans for critical roles
►Our recommendations culminated in an organizational & executive transition timeline & engagement plan with critical stakeholders

Result

The company successfully executed both of its objectives and was able to retain its Tier 1 team while expanding to new markets and passing the baton to the next generation.