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Forward Track
Program Increases
Retention of High Talent Women
Flynn Heath Holt helped
a large professional services firm increase their retention
of talented women leaders at the senior manager level.
The firm was troubled because these women had been leaving
at a rate of 40% each year, diminishing the pipeline
of future partner talent for the firm. After interviewing
incumbents and reviewing attrition data, Flynn Heath
designed a highly successful development and retention
program called Forward Track.
The eleven month program
focuses on 24 high talent women who are selected each
year. They receive a thorough leadership assessment
which includes 360 interviews, they attend four two-day
skills clinics and they receive executive coaching from
a Flynn Heath coach. In addition, they receive support
and guidance from client sponsors and informal interaction
with female senior partners who are role models.
Impact
The Forward Track program
has been expanded from one major business line to three
and is in its sixth year of successful operation. The
current retention rate is now above 98%, up from 40%
six years ago.
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