![]() It also costs you less money than nurturing someone who requires more training or hiring from outside for the leadership roles. You can develop HiPos faster thanks to their willingness to learn and grow. Succession planning is easier when you have a steady source of future leaders. They’re great candidates for becoming leaders When challenges arise, HiPos use critical thinking and innovation to overcome them. Their eagerness to learn and desire for a challenge prompts them to take on projects or additional responsibilities when others won’t. HiPos are productive, reliable workers that encourage and motivate other team members, contributing to a positive work environment. Here are a few reasons why you should take advantage of what high-potential employees have to offer: They bring value to the team and the organization Organizations that adopt a high potential talent mindset will reap many benefits. Why should you identify your high-potential employees? They could emerge as an excellent manager who drives better sales numbers. On the other hand, a salesperson who isn’t a top performer may have many high potential qualities that equip them to handle the pressure of leading and inspiring others. They can end up being less valuable to the business as a manager than they were as a salesperson. However, not all of them will have the right skill set or strong desire to successfully guide and motivate staff. Sales managers are often promoted into their positions because they are the top sellers. Let’s look at the example of a sales department. Then you risk losing high-potential employees who have been overlooked. If performance becomes the most important factor, the more subtle attributes needed for long-term success are passed over. Just because someone consistently achieves results doesn’t mean they are cut out for leading others. Not every high potential is a high performer and vice versa. ![]() Performance is often confused with potential. May even thrive while working under pressure and in stressful situations. Sets an example of steady guidance during challenges. Copes with pressure – Maintains composure in heated situations and while taking risks.Investment in company success – Contributes to a positive work environment and shows interest and commitment to the organization’s mission and goals.Able to empathize with team members and customers. Conscientiousness – Pays attention to details and does work thoroughly.Flexibility – Adapts to rapid change and new ideas with an ability to abandon or negotiate current perceptions or ways of working.Receptive to feedback – Accepts all feedback with an open mind for learning and improvement.Collaboration – Establishes trust and strong relationships by valuing other coworkers and departments and helps out when others are overwhelmed.Growth mindset – Pursues ways to gain new skills and take on responsibilities beyond their job description. ![]() Asks questions about why decisions are made to better understand the strategy and propose other approaches. Curiosity – Enthusiastic to learn about the business.Initiative – Eager to take on more work or new projects and influence decisions by brainstorming ideas and solutions.Autonomy – Gets the job done on time without reminders or close supervision.Emerging leadership competencies – Exemplifies key areas that demonstrate the ability to lead oneself, others, and the organization. Exhibits leadership potential.Here are some of the characteristics to be looking for: There are various personality traits and behaviors that make high-potential employees stand out. Read on to find out all you need to know about managing high-potential employees! Characteristics of high-potential employees The more potential someone has, the more straightforward and efficient it is to nurture their skills, competencies, and capabilities. ![]() HR professionals have the expertise to recognize the characteristics of high-potential employees and can help design effective leadership development programs to support HiPos’ growth. When you place the kind of employees who make sound decisions in the right roles, you can better reinforce organizational goals. How to hire, identify, develop, and retain high-potential employees What are high-potential employees?Ī high-potential employee (HiPo) is a person whose current abilities reflect a strong probability that they can develop into a successful leader.Īlthough high-potential employees may become your future executives, their leadership skills contribute strongly at every level of the organization. Here’s all you need to know about high-potential employees.Ĭharacteristics of high-potential employees However, many businesses struggle to identify, develop, and retain such employees. High-potential employees have the aptitude to become the future leaders of your organization. ![]()
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