High potential programs sit in talent management , a practice that focuses on identifying and developing the ‘A players’— those who have the highest leadership potential and are of great interest to companies — with the potential to fill future leadership roles.
What does it mean to be a high potential?
High potential is a likelihood of achieving a certain level of performance .
What is a high potential development program?
A high potential program is a structured program designed to find talented employees who have high potential for growth . Organizations design these programs to develop leaders for the future of their organization. Chosen employees are those who go above and beyond to innovate and improve company processes.
What do high potentials want?
When challenges arise and problems need to be solved, high-potential employees want the chance to step up to the plate. They are looking for growth opportunities and are generally not afraid to take on something new. HiPos aspire to be company leaders in the future.
How do you keep a high potential employee?
- Pair Them With Effective Mentors. ...
- Give Them High-Visibility Assignments. ...
- Openly Communicate With Them. ...
- Invest in Their Learning and Development. ...
- Measure Progress Quarterly.
What is a high potential personality?
High-potential personalities have the ability to cope with high levels of stress . They’re resilient, know how to adjust, and they have the ability to put their personal feelings aside to think of the greater good.
How do you find a high potential employee?
- Talented in their job role.
- Keen to pursue leadership opportunities.
- On board with company culture.
- Empathetic and emotionally intelligent.
- Calm under pressure.
- Collaborative workers who perform well in groups.
- Able to use their initiative and work autonomously.
How do you become high potential?
- OVER DELIVER. I cannot say this enough. ...
- HAVE A VOICE. Develop a point of view and be willing to be heard across the company. ...
- CONNECT THE DOTS. ...
- BE THE RIGHT KIND OF EASY TO WORK WITH. ...
- WORK THROUGH OTHER PEOPLE. ...
- BUILD RELATIONSHIPS. ...
- VOLUNTEER FOR STUFF.
Should you tell employees they are high potential?
No, you should not tell a high potential they are one if you are at risk of inadvertently creating an implied contract for promotion, special or elite status, or a set of expectations for opportunities that may or may not come about.
Why do high potential employees leave?
If you’re not providing a wide range of benefits that reward your highest-performing employees, they’re likely to look elsewhere for them. And they’re likely to find a good enough offer to tempt them to leave . This is the number one reason that good employees quit.
What percentage of employees should be high potential?
A high-potential employee is usually in the top 5% of employees in an organization. These people are thought to be the organization’s most capable, most motivated, and most likely to ascend to positions of responsibility and power.
How do you develop a high potential leader?
- Distinguish between high-potential and high-performing employees. ...
- Have open discussions about what they want. ...
- Give them tools to develop awareness of their strengths and blind spots. ...
- Connect them with a mentor.
What is the difference between high potential and high performance?
While both want more challenge, high-potentials place high value on greater authority, responsibility for others, status and, of course, more money. It’s important that they see themselves as moving up the ladder. High-performers, on the other hand, will seek more challenge within their area of expertise.
Why do companies identify high potential employees?
One of the most important reasons for identifying high potential employees is to find people who will be effective senior managers within the business . Identifying the appropriate candidates will justify greater investment into their development and mould them to become effective future leaders.
What is high potential mentorship?
High-potential mentoring connects rising stars with leaders, top performers, and each other . This one-to-one mentorship nurtures a company’s leadership chain.
What is high potential trait indicator?
The High Potential Trait Indicator (HPTI) is an assessment tool that helps identify employees with prospective leadership abilities and support those who are already in such positions.
