Hillenbrand has been transformed with Topgrading. . . . Topgrading is never a finished program. . . . Clearly the shareholders were served by Topgrading faster rather than slower. – Fred Rockwood, former CEO
HILLENBRAND INDUSTRIES (EXCERPTS FROM 2005 CASE STUDY)
Industry: Holding Company
- Percent A Players in upper management improved from low to 81%.
- Advantage of Topgrading fast, not prolonging replacement of underperformers.