IMD Annual Report 2021

Learning 96

IMD Voyager: Strategic Talent Solutions

IMD challenges what is and inspires what could be to develop leaders who transform organizations and contribute to society. To deliver on this mission well, IMD must expand its scope to assess what capabilities individual leaders need to develop, create development plans, and help execute them, including through world-class executive education.

Throughout its 75-year history, IMD has been mastering the art and the science of executive education to help executives and organizations achieve their goals. Two years ago, the institute started a multi-year transformation project, which will expand its scope to identify and assess leadership capabilities, and create individualized development plans, which will entail executive education and coaching, among other services. Named IMD Voyager, and co-led by Professors Ric Roi and Misiek Piskorski, this strategic talent solution allows IMD to provide a genuine end-to-end solution for developing top leaders across the world, truly differentiated from other business schools as well as from professional service firms. The development of the full Voyager offering has required significant investments into developing an executive performance model, and extensive testing to ensure that it links skills, traits, and behaviors to executive performance. This model was then used to build a vast set of online and in-person assessments that identify areas where leaders excel, and where they still need to grow. The team is building IT capabilities that will automate the process of creating development plans to meet executive development needs, and implementing them.

The Voyager offering has been successfully rolled out to more than 12 clients across the world with different levels of intensity. Some clients focused on assessment and development planning only, while other clients embarked on the full experience, from assessment leading to a two-year executive education program to close executive development gaps.

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Voyager