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
Comapny: 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.