Companies are progressively assigning executive recruitment and development increasing strategic priority. Slowly but surely, talent management is becoming established as a recognized discipline.

For the last five years, appraisals of ANZ’s CEO John MacFarlane and his senior management team by Egon Zehnder International have constituted an important part of the bank’s people strategy and succession planning. This article takes a closer look at how the Management Appraisal process operates, how the bank uses the information it provides and the lessons learnt to-date.