Industry
Aerospace, Defence & Power Systems
Products Used
Rolls-Royce is an enduring and iconic brand known for quality, engineering excellence, integrity, and commitment to its customers. Since Tufan Erginbilgic joined Rolls-Royce as CEO in 2023, the company has been committed to becoming an even more “high-performing, competitive, resilient, and growing business” to ensure its success continues for the next century and beyond.
Rolls-Royce recognized that to build a stronger Rolls-Royce, it must “invest in the capabilities of its people, ensuring a high-performing, resilient and world-leading team.” Rolls-Royce needed leaders across all businesses—Civil Aerospace, Defence and Power Systems —to be supported so they could perform at their peak and support their teams, especially during times of immense uncertainty and change.
Rolls-Royce got started by ensuring key leaders and critical talent were equipped with the mindsets and behaviours to navigate change themselves and lead others through change. How people process change and strategize what action to take next is a deeply personal experience that often varies from person to person. Since coaching is one of the most effective and efficient ways to shift mindsets and build behaviours, Rolls-Royce partnered with BetterUp to coach its leaders over 6 months with BetterUp Lead.
Through BetterUp Rolls-Royce leaders received unlimited 1:1 coaching from BetterUp’s experienced, credentialed leadership coaches, as well as access to curated digital learning experiences to further support their development. Leaders focused on strengthening skills like resilience, agility, stress management, focus, strategic planning and goal attainment.
Rolls-Royce is taking a bold and holistic approach to evolving and strengthening its organisational capability, investing heavily in leadership skills across the board. In addition to BetterUp, Rolls-Royce works with London Business School and other strategic partners to provide teams and leaders of all levels with the mindsets, tools, and capabilities required to drive the business forward.
After 6 months of using BetterUp Lead™, Rolls-Royce leaders improved and surpassed the benchmark in every dimension.
Highlights include:
Source: Kellerman, Gabriella and Seligman, Martin. Tomorrowmind. 2022.
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Rolls-Royce’s investment in its leaders is already paying off, and it is just the beginning. Rolls-Royce was the best performing European stock in 2023 and has carried that momentum into 2024 with strong first half financial results. Differentiated investment in its people is fueling business momentum. Rolls-Royce will continue to emphasise people development and prioritise people investment on its multi-year transformation journey.