In the context of human resources, due diligence simply means systematically evaluating the people who are part of an organization. ATG’s due-diligence services include individual and team assessments, organizational culture and climate surveys, and targeted focus groups to create a human-capital balance sheet. Our clients end up with a comprehensive picture of the value and probable future contributions of employees. This can be especially helpful during mergers, acquisitions or other types of reorganization.
The current shortage of business talent often prompts companies to seek new talent through mergers, acquisitions or restructuring. A recent Wall Street Journal article reinforced ATG’s findings that talent due diligence is often more important than financial due diligence in predicting the future success of organizations undergoing change. Our services help our clients evaluate potential bench strength and target individuals for retention incentives. Sometimes, talent due diligence can warn of potentially damaging outcomes, while other times it can uncover a sorely needed pool of talent.
ATG’s talent due diligence typically begins by identifying important competencies and work styles then developing strategies to assess these attributes. The methods used may include tests, questionnaires, problem-solving simulations, psychological assessments and a 360˚ assessment of observable competencies. Organizational culture and climate are also evaluated using ATG’s time-tested methods. These efforts can uncover potential problems that can be addressed through change initiatives to ease the organizational transition and contribute to future success.
ATG has provided talent due diligence services in a wide range of situations, including:
The merger of two cruise lines
The acquisition of financial institutions
The restructuring of convenience-marketing organizations