Wellington Management Group’s Talent Evaluation and Acquisition (TEA) practice provides our clients with ongoing, proactive talent evaluation and acquisition services that complement our retained search practice.
In a standard TEA engagement, the client retains Wellington for a set period of time to research and network into a defined group of companies, industries, or markets. Wellington then identifies the consensus top-tier executive talent in the targeted area, initiates networking and evaluation conversations with those individuals, and presents the client as an attractive organization at which the executive can develop his or her career. When the conversation with an executive gains the proper momentum, Wellington facilitates a conversation between the executive and the client, and manages the appropriate next steps and potential hiring process.
Wellington’s TEA Services address four primary needs articulated by our clients:
- The ongoing need to evaluate managerial and executive talent that can build new market and business initiatives both inside and outside of the client’s core business.
- The need to attract talent to build and maintain organizational bench strength and ensure proper management depth and succession planning.
- The need to stay abreast of the top-tier executive talent in their markets, industries, and competitors for both competitive intelligence and future networking purposes.
- The need to build awareness in the market about the client as a best-in-class organization where executives can build and grow their career.
Wellington serves as the proactive source for talent acquisition and evaluation, organizational development assistance, and dedicated value-added networking for our clients. While the usual focus of a TEA engagement is attracting top-tier executives to the client, the engagement also can be utilized to identify thought leaders, consulting resources, business development opportunities, and/or strategic alliances for the client in targeted industries or markets.