First step towards better results
Driving growth in evolving industries has never been easy. But companies today are being challenged as never before not just to adapt but to adapt at speed in the face of relentless innovation.High costs, slow, inflexible, inefficient, antiquated. These are all descriptions that some CEOs may use to describe their current operations. However, a carefully developed and honed business strategy paints a completely different picture of how things are supposed to look. This disconnect, the failure to translate business strategy into operational reality, is a significant challenge for most leadership teams. That's why IMG helps organisations to work smarter and grow faster.Over time, what we do remains closely linked with helping you improve the way your company operates; innovates; reduces costs; manages risks; leverages talent; and changes the way to do business, successfully.
We believe that the best advice is achieved by working in close cooperation with our clients and developing a thorough knowledge of their business.
Our practices in short
Transformational leadership is a leadership style in which leaders encourage, inspire and motivate employees to innovate and create change that will help grow and shape the future success of the company. This is accomplished by setting an example at the executive level through a strong sense of corporate culture, employee ownership and independence in the workplace.
Transformational leaders inspire and motivate their workforce without micromanaging — they trust trained employees to take authority over decisions in their assigned jobs. It’s a management style that’s designed to give employees more room to be creative, look to the future and find new solutions to old problems. Employees on the leadership track will also be prepared to become transformational leaders themselves through mentorship and training.
Transformational leadership characteristics
A transformational leader is someone who:
- Encourages the motivation and positive development of followers
- Exemplifies moral standards within the organization and encourages the same of others
- Fosters an ethical work environment with clear values, priorities and standards.
- Builds company culture by encouraging employees to move from an attitude of self-interest to a mindset where they are working for the common good
- Holds an emphasis on authenticity, cooperation and open communication
- Provides coaching and mentoring but allowing employees to make decisions and take ownership of tasks
What is Leadership Performance?
Leadership performance is about building a supportive work environment for your top performers. It involves goal setting, evaluating an employee’s progress, and rewarding them based on the results they’ve achieved. Many companies also provide coaching and feedback sessions in order to help their employees improve.
Well-executed leadership performance provides a framework for employee interactions from hire to departure, with milestones at every major life cycle stage. It includes not just regular performance reviews, but a system of regular meetings, training catered to their specific needs, ongoing education opportunities, regular coaching and feedback sessions, and an award system to recognize and incentivize exceptional work.
Through leadership performance, companies work closely with employees in several ways. This not only helps the company to develop a strong core of reliable employees, but it guides those employees in achieving their career goals – ideally with your company.
Executive Assessment and Succession Planning
Whether you need a new leader, or clear guidance on who to promote, our objective, data-driven methods can help you to select and integrate the individual. Our succession planning system of leadership development, measurement, and selection mitigates risk, stabilizes organizations, and fuels resilience and growth.
Talent Strategy, Performance and Rewards
IMG designs and implements talent strategies that are informed by a close and careful assessment of a firm’s human capital. We create performance management systems that reflect the organization’s core values and drive the right behaviors by aligning the reward system with the desired outcomes.
Effective governance is increasingly recognised as part of the value creation process within successful businesses. However, the design and operation of an effective system of governance requires both careful consideration and informed evaluation of a series of variables.
IMG can provide valuable independent advice on corporate governance, either to individuals, groups, committees, or the Board/governance entity. As a knowledgeable and experienced external resource, IMG brings a measure of impartiality and objectivity to the process.
We have the experience of working with large cap, small to mid-cap companies and private equity investors in improving corporate governance practices and structures. Furthermore, we also have the experience of working with corporate boards to undertake meaningful self assessments and improve their oversight processes.
Our approach to governance transformation is holistic and goes beyond the board of directors and regulatory compliance, encompassing areas such as:
Board operations and oversight
- Board processes and structures
- Board and audit committee effectiveness assessments
- Subsidiary management
- Legal and regulatory
- Integrity and ethics
- Human capital
- Communication and external relationships
Risk and Assurance
- Risk management
- Internal control systems
- CxO mentoring and assessments
Organization Design & Effectiveness
In today’s workplace, companies are in a nearly constant state of organization change – whether it’s a large-scale makeover or a shakeup of departments or geographies. And if they aren’t continual, the redesigns emerge in faster and faster intervals.
The reasons for warp-speed change are clear: to keep pace with ever-evolving consumer needs and technology, the persistent drive for efficiency and productivity to meet investor – and often activist – demands, and to compete with nimble rivals.
Yet, while org redesigns aim to be smooth, short, and deliver more efficient and effective operations, they often spark frustration and failure. They frequently trigger business disruption that strains affected employees. Their intended impact seldom occurs, and they often deliver only incremental results and significant disruption costs.
Organization Design and Change Leadership
IMG takes an evidence-based approach to make sure that your organization supports your talent, aligns with your business strategy, and enables you to execute more effectively. We work closely with you to develop the right structures, processes, and systems to support your specific business strategy. Together, we then employ the effective change-management strategies that underpin successful, large-scale, sustainable transformation.
Organizational Talent Management Framework
IMG’s Talent Management Framework (TMF) is the first step toward creating high performing operating environments. This in-depth, rapid diagnostic tool focuses on talent and organizational issues that can hinder value creation and prevent sustainable change. Built around a flexible framework of three dimensions, we use this tool to identify opportunities, obstacles, and root causes within organizations.
Corporate culture is a key differentiator between the companies that sustain winning performance and those who barely meet average benchmarks. Those who get it right thrive when culture and strategy work together. Culture is invigorated when who you are on the inside, and who you are on the outside, is aligned.
IMG assesses and nurtures thriving cultures – and evolves organizational culture when changing circumstances demand it.
- Creating and sustaining effective company culture
- Developing compelling business rationale
- Aligning culture with business strategy
- Building leadership alignment, commitment, and behavior for success
- Engaging and empowering people to aspire to and cultivate culture
Corporate Culture vs. Digital Transformation
Digital transformation is sweeping the business landscape. Leaders are embracing it wholeheartedly because they recognize its power. But as companies advance from pilot programs to wide-scale adoption, they often run into an unexpected obstacle: culture clash.
Being a digital organization means not only having digital products, services, and customer interactions but also powering core operations with technology. Becoming one, therefore, requires a tectonic change in the activities employees perform as well as in their individual behaviors and the ways they interact with others inside and outside the organization. Although it should come as no surprise that the traditional ways of working are incompatible with the new ways, it often does.
Leaders need to acknowledge digital transformation as the fundamental, strategic paradigm shift that it is. Like any major transformation, a digital transformation requires instilling a culture that supports the change while enabling the company’s overarching strategy.
Embedding a digital culture in an organization is doable, but it takes a clear methodology and a disciplined effort.
Talent and Culture Integration
At IMG we work with you to identify the optimal culture to enable you to achieve your desired business outcomes, and then we partner with you to help you create it. In post-merger situations, we include an analysis of culture compatibilities and a data-focused talent assessment to help achieve sustainable post-merger goals. If a company is undergoing a digital transformation, we design for rapid innovation, agile market adaptability and efficient transactions.
Executive Search is one of our primary areas of service. We help you find the best people, build successful teams, and generate value for shareholders through excellence. We find exceptional leaders who are in tune with your markets and the culture of your organization.
Close Working Relationships and Understanding
At IMG, our executive search teams develop close and effective working partnerships with you to ensure we understand your strategic challenges and search requirements. This relationship is based on listening, integrity and trust.
Deep Local Knowledge
Success in executive search requires being in tune with local markets. Our partners are business leaders with deep roots in their communities. Through local ownership, we understand emerging regional issues and provide you with important local insights.
IMG has the coverage to search the world for talent and tap into the increasingly international pool of senior executive leaders. We deliver executive search and leadership consulting solutions through our powerful network of offices in Europe and North America.
We seek the best candidates, wherever they are located; the extensive cooperation among our branches enables us to spread a far-reaching net. Our global partner offices work together seamlessly to meet your executive search needs.
We offer you deep industry knowledge through our specialized industry practice groups. Our global consultants have extensive industry and sector expertise and stay on top of global trends and issues within these industries.
Our Search Process
In a world where CVs are available everywhere on the internet, we add value and insight to the identification of singularly viable candidates. Our work is founded on a comprehensive, disciplined approach that ensures finding suitable candidates who match above and beyond your technical requirements.
Our approach is rooted in consulting. We listen closely to understand your situation and your needs. You may be inclined towards a leadership assessment, management audit, cultural review, or other focused investigation. In addition to executive search, you may also benefit from other value-added services such as market intelligence, leadership advice, competitive analysis or market benchmarking.
Legal Services / GDPR Compliance
IMG provides companies and other organizations with the timely delivery of personalized and cost-effective corporate services, structuring and restorations, and compliance with routine corporate and commercial tasks.
At the core of our corporate service delivery is our ‘expert hand, human touch’ ethos. Our clients benefit from the individual experience that our corporate specialists have in their chosen sectors, giving them a unique understanding of each industry and its day-to-day matters.
- Corporate Structuring
- Shareholder Agreements
- Company Reconstruction
- M&A Advisor
- Business Start-Up, Seed Funding and Venture Investments
- Partnerships and other Business Structures
- GDPR Compliance
Turnaround & Restructuring
At IMG, we deliver immediate performance improvement for clients facing their most critical challenges, by providing our transformation, turnaround and restructuring expertise. We work closely with results-oriented CEOs and their teams to achieve rapid, sustainable performance improvements.
Transformation programs can take many forms, from moderate restructurings to full-scale turnarounds, and may be motivated by a need to navigate through dire financial and competitive circumstances. There is, however, one common factor: a readiness to disrupt the status quo in pursuit of growth. If your company is falling short of its full potential, IMG can guide you on a cross-functional effort to change the financial, operational and strategic trajectory of your business and produce game-changing results.
Our approach to transformation relies on experts across a full set of capabilities, supported by our deep experience in the following areas:
- Performance Improvement
- Customer Strategy & Marketing
- Enterprise Value
- Results Delivery
A transformation that fails to address a company’s capabilities can achieve only short-term, superficial improvements, which tend to disappear when the company moves on to the next challenge. Rather than merely giving you a set of steps to follow, we identify and build the critical capabilities you need for enduring success.
This approach creates lasting change, so your organization becomes much stronger and better prepared to face subsequent challenges.
Business Strategy & Transformation
Leading companies are taking big, transformative steps, redeﬁning their purpose, embarking on end-to-end digital transformations, pursuing aggressive growth strategies and learning how to achieve disruptive innovation.
IMG's strategy consultants work side by side with top management to help plan and implement their corporate strategies. The result of these collaborative efforts is an approach that ensures that all strategies can be turned into actions, led from the top, with clear accountabilities.
We have the breadth and depth to provide strategic advice to help achieve optimal — and sustainable — results. Our team of global strategy consultants brings a wealth of experience and deep, analytical rigor to every client. From developing ﬁrst insights to implementing strategy with concrete actions, we stand ready to work with you to define strategies that inspire your customers and employees to realize the exciting potential of your business.
How IMG can help
- Strategy and innovation
- Strategic transformation
- Digital transformation
Highlighting the area of digital transformation. Digital Strategy for us is much more than just a website or mobile apps or banner ads – at its core, it is user-led, technology-enabled transformation of existing experiences, well executed through solid processes and systems.
The accelerated pace of technology change raises some questions that go to the heart of strategic planning. Organizations may need to rethink which markets they operate in, what problems they are solving for their customers, their role in the value chain and efficacy of current operating models. They need to consider the new opportunities created by emerging technologies, and evaluate their readiness to adapt to change.
Digital does not simply mean building or acquiring expertise and resources in emerging technologies. Instead, it requires a more holistic approach to rethink and transform current financial, business and operating models. IMG's digital strategy proposition helps put strategy before technology and answer some of these key questions for clients:
- What does digital mean in their context - what are the most promising ideas and what is their exposure to disruption?
- What future digital profile will help deliver their corporate vision and strategy?
- Are these ideas feasible to implement? Will they adequately deliver desired outcomes? Have all risks and consequences been considered?
- How to deliver value while balancing short term wins with long term goals while maintaining optionality?
We help clients generate value from digital by prioritizing speed in the design and deployment of ideas, de-risking implementation through our network of experts, and enabling focus through `deal-speed' financial rigor.
For decades IMG has set the standard for preserving value in difficult situations.
We work with companies facing strategic, financial, and operational challenges. We team with company management, investment bankers, lawyers, and other professionals to help underperforming companies improve financial results and to help investors and creditors maximize their recoveries.
For us, successful strategies are strategies that clients dare to implement and which address the need for change. We help our clients to take decisions by exploring and proposing the best strategic options to face all kinds of changes (digital transformation, economic growth or downturn, disruption in traditional markets, changing environment and frameworks) by delivering tailored-made strategies and transformation plans.
Based on the real conviction that strategies require tailor-made solutions, IMG has defined its own way to support clients in their operational and strategic issues, a European way focused on people and their ability to make change happen.
Our strategies are developed to support the interest of all the stakeholders (clients, communities, employees, management, government, suppliers and shareholders) and not the sole interest of the shareholders. Our approach relies on talents, inspirational leaders, and spirit much more than conceptual frameworks. We build on our diversity – with regards to education, careers, skills, expertise and personality.
There is no more powerful combination -- or one more fundamental to the success of any enterprise -- than the successful partnership between a CEO and a strong, independent board that can provide oversight and serve as both advisor and strategic arsenal.
IMG provides a full range of board services including recruitment; evaluation and enhancement of current board competencies; effectiveness, oversight, and culture; strategic alignment; compensation benchmarking; and eventually succession. We work closely with boards to understand strategy, culture, and composition, and to elevate the leadership and governance effectiveness of your board of directors.
Board development is essential to getting the most out of this valuable resource, including expertise and financial contributions. Our consultants provide board development training that is customized for your organizational needs.
- Board, CEO and staff roles and responsibilities
- Organization mission and purpose
- Legal and ethical obligations of the board
- Best practice governance strategies
- Board structure, use of committees and committee charters
- Evaluation of the board and strategies for effective meetings
- The board’s role in fundraising
- Best practices for board development including recruitment, selection and orientation
- The Board's Annual Cycle
Mergers & Acquisitions
IMG helps enable strategic growth through better integrated and operationalized mergers and acquisitions, and alliances. In particular, we help companies refine their growth strategy, perform deal sourcing, conduct diligence and valuation, and implement M&A integration.
Our clients enjoy the personalized attention of a full-service organization with access to broad intellectual capital, extensive relationships and leading class solutions to drive their growth strategies and fit their M&A needs.
IMG is one of the only major professional advisory organizations that offers fully dedicated multidisciplinary transaction advisory capabilities. From strategy to execution. As M&A specialists, we advise you throughout the entire transaction process – from the in-depth analysis of your strategic options and the resulting internal decision-making process to the preparation, structuring and consummation of a transaction with the right partner. We provide tailor-made solutions to maximise your transaction objectives.
Our M&A technology leverages machine learning and artificial intelligence, robotics and process automation, and data analysis and visualization. When combined with human insights, sector experience and functional knowledge, this helps deliver better decision-making and accelerated results.
We understand that every type of deal is different, requiring bespoke integration approaches, priorities and operating models. Our teams can help you understand what business to buy, how to value it and how to integrate it into your company.
Our M&A practices include:
- Growth strategy
- M&A deal sourcing and origination
- M&A diligence and valuation
- M&A integration