After 36-odd years in the trenches of blue chip corporate South Africa, outgoing Famous Brands CEO Kevin Hedderwick has a single question for businesses interested in sustained growth: “It’s all very well to have a financial balance sheet – but what’s your people balance sheet like?”
It’s a robust discussion that he instituted routinely – every quarter – at Famous Brands, because it gets to the heart of executive succession and consistent leadership.
It’s also one of three issues that Hedderwick has turned into a passion and employed as razor sharp tools throughout his career, namely: human capital, systems and the successful implementation of process.
In this quick insight, extracted from a full-length video interview, Hedderwick unpacks his methodology regarding talent retention strategy, and the successful application of that strategy.
In partnership with FNB, Moneyweb presents this bespoke leadership video series with top business people. The interview draws on the person’s life, failures and the lessons they have learnt on their journey to the successful leadership positions they hold today.
Other business leaders share their stories here: http://bit.ly/2kK4hdg