Winners of the i4cp 2020 Next Practice Awards Announced in Advance of Annual Conference (i4cp login required)

The
recipients of the i4cp 2020 Next Practice Awards have been announced ahead of
this year’s annual conference. Booz Allen Hamilton, Ford Motor Company, Grant
Thornton LLP, and Lockheed Martin are recognized for leading-edge people
practices that have positively impacted their businesses.

The
winners will be honored on stage at the i4cp 2020 Next Practices
Now Conference
 (March 23 – 26) at the Fairmont Scottsdale Princess
in Arizona.

The
award-winning submissions centered on initiatives to close talent and skill
gaps and renovate culture:

  • Booz Allen
    Hamilton
    —Facing
    unique talent shortages—skilled data scientists who also have the
    necessary clearance to work on national security projects—the global firm
    developed Tech Excellence, a multi-week, cohort-based program to upskill
    newly hired talent to meet role requirements. Since 2018, Booz Allen has
    scaled Tech Excellence to five additional high-demand areas and has seen
    100% client placement rates and above-average employee retention numbers.
  • Ford Motor
    Company
    —While
    launching culture change initiatives throughout the company, Ford, like so
    many companies, struggled to understand whether its initiatives were
    actually having impact and how. The company questioned traditional ways of
    gathering employee sentiment—such as surveying—and explored new data
    sources to create an innovative and comprehensive employee sentiment
    strategy. Ford now has a machine learning engine in place to interpret
    text input across languages, dashboards to monitor results in real time,
    and new communication approaches to reach more employees faster.
  • Grant
    Thornton LLP
    —The
    audit, tax, and advisory firm launched a new, three-year leadership
    academy to build a ready pipeline for its next generation of partners in
    2016, relying on technology to build and engage future high-potential
    leaders beyond in-person events and to build culture and highly
    collaborative networks amongst its next generation of partners. Senior
    managers who have successfully completed the academy demonstrate greater
    capability and cultural leadership, cross collaboration has increased, and
    a greater percentage of women are receiving higher rankings on their
    readiness.
  • Lockheed
    Martin
    —The
    global aerospace and defense company has benefited from consistent growth
    in recent years, but with that growth has come increased demand for early
    career top talent, primarily in the STEM fields.
    To differentiate from other employers, Lockheed designed a large scale,
    all-day hiring event that can travel from university to university,
    complete with simulators, VR displays, and models of LM products. Since the
    event’s creation, college hiring has skyrocketed by 61% and intern hiring
    by 48%.

The discovery of next
practices
—human capital strategies that are highly correlated with
market performance, but that few companies are employing—is a primary focus of i4cp’s
research. To that end, i4cp looks to its network of member organizations to
uncover world-class examples of next practices in action. The Next Practice
Awards showcase the design, implementation, and measurement of innovative
people practices that effectively address business challenges.

Detailed case studies of the four winning next practices
will be published at the end of March, and the leaders of these initiatives
will also be interviewed on stage at the i4cp 2020 Next Practices Now
Conference. Limited space remains – sign up today to hear from the
winners and other forward-looking thought leaders.

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