As one of India's largest energy and environment engineering companies, Thermax manufactures, boilers, vapour absorption machines, offers water and waste solutions and installs captive power projects.

Identifying the need to change

Working across diverse industries and geographies, Thermax is fast growing company that recognises the need for developing talent and creating robust leadership pipeline. The Leadership & Organizational Development (L&OD) Team at Thermax identified a talent pool of 150 High Potential Managers (HIPOs), representing strategic business units. These HIPOs being first time managers had to be enrolled for a structured and sustainable development intervention coupled with action learning projects which would demonstrate business impact.

Measures taken

Thermax selected Acumen Business Consulting, a management consulting firm to conduct talent assessment and development for the high performing young managers from across the company. Acumen supported Thermax talent assessment exercise by developing competency assessment tools appropriate for the target participants, training assessors within Thermax and deploying a Master Assessor during the assessment exercises.

On assessing the talent, the participants were taken through Leadership Development Programme (LDP) - a series of four two-day training programmes which included an outbound session. Participants were trained on a comprehensive curriculum that introduced them to the concepts of managing oneself and one's team, managing execution, problem solving, decision making, innovation and thought leadership.