The document discusses issues with many companies' high-potential (HIPO) programs, including struggles identifying true HIPOs, HIPOs not applying learning from training programs, and lack of return on investment from HIPO programs. Research shows that while HIPOs can be 91% more valuable, 73% of programs show no ROI. The document then provides recommendations for improving HIPO programs, such as using objective measures to identify HIPOs, benchmarking HIPO talent against competitors, and providing structured learning proven to impact performance. Strong HIPO programs can achieve over 90% more revenue and 2x more profit growth compared to ineffective programs.
3. “I struggle to identify
who the true high-potential
employees are. I know
managers often get it wrong.”
4. “When our HIPOs come
back from the formal
training program, they don’t seem
to succeed in converting their
learning into improved behaviors
in their daily activities.”
5. “I have to show the
management team a
return on investment
with my HIPO programs
or risk losing my budget.”
11. Identify
Currently 46% of organizations lack a systematic
process for identifying HIPOs.
Are you accurately identifying
the right people to join your
high-potential program?
12. Benchmark
Currently only 25% of leaders use HR data
for talent decisions.
Do you have an objective
outside-in view on the quality
of your HIPO talent pool?
13. Develop
Currently 95% of high-potential programs fail to
drive learning follow-through and application.
Have you created meaningful
development programs that are
driving HIPOs to their full potential?
14. The best companies combine all of these practices to
drive strong results from high-potential programs.
Identify Benchmark Develop
Use predictive and objective
measures of aspiration,
ability and engagement
Assess HIPOs against competitors
and make decisions based on
external benchmarks
Provide structured learning
experiences proven to
impact performance
Manage
Leverage best practice insight and tools to sustain the impact of your HIPO initiatives.
15. 90%
Strong leaders
can achieve over
more revenue
2X
Strong leaders
can achieve
more profit growth
14%
Organizations that foster an effective
learning environment can have a
increase on performance
Change your approach and you can realize
the business impact too.