A High-Potential Employee Development Program Ensures Long-Term Business Success in Oceanside, CA

Bolster Internal Talent With a High Potentials Leadership Development Course in the Oceanside area

Everyone at your company is valuable in a different way, and each person is an important factor in the company’s success. With that said, there are certain individuals whose talents are particularly suited to executive leadership and innovator roles. These people are your rising stars, and a stellar high-potential employee assessment and HiPo program can help them achieve full potential. With genuinely talented leaders and competent executives at the helm, your company stands a much better chance of long-term prosperity.

What Are High-Potential Employees and Why Should You Develop Them?

The first step in creating a successful high-potential employee program is understanding what high-potential employees are and why it is so important to develop them.

In their Harvard Business Review article, “Are You a High Potential”, Douglas A. Ready, Jay A. Conger and Linda A. Hill describe HiPos as possessing the following characteristics:

  • A drive to excel: these employees are not simply high achievers. They are willing to do whatever it takes and make sacrifices to be the best.
  • A catalytic learning ability: high potential employees don't just soak up knowledge like a sponge; they know how to convert knowledge into productive actions that get results.
  • An enterprising spirit: high-potential employees are trailblazers. Never satisfied with the status quo, they are always seeking new challenges and figuring out better ways to do things.
  • Dynamic sensors: the most promising leaders are always on alert for the next big thing. This can make them difficult to manage. If they can't sense a long-term career payoff where they are, they often get wandering eyes.

This combination of traits makes HiPos ideal candidates to guide your company into the future. But it also means they need the right guidance and training to keep their vision and goals reconciled with those of your business. Left to their own devices, they can easily get derailed and go rogue. The master trainers at Turnkey Coaching & Development Solutions understand the psychology of HiPos. We can help you build an effective high potential leadership program that strategically grooms them to steer your company to long-term success.

HiPo Programs: Stats and Facts

High-potential employees frequently perform better if they’re given a little extra attention. Paired with experienced mentors and leadership coaches, HiPos soak up information and use their newfound knowledge to solve unusual problems in record time. High-potential individuals relish challenges and enjoy being put on high-visibility teams, given meaningful assignments and recognized for their efforts. Considering how important they are, high-potential employee development programs aren’t always designed or implemented very well. The following statistics, retrieved from a recent Gartner (formerly CEB) study, illustrate the difficulties some businesses experience with their HiPo programs:

  • Overall, nearly 50 percent of respondents lacked confidence in their HiPo programs
  • Five out of six HR professionals were unsatisfied with their companies’ Hi Potential development programs
  • Nearly 55 percent of HiPo program participants drop out of their high-potential programs within five years
  • Nearly half of all managers fail to perform well when promoted
  • Roughly one in seven people in HiPo programs are misidentified as HiPo in the first place
These stats are unfortunate because with the right high potential programs for employees in place, businesses do better. Stronger leadership teams frequently help their employers achieve twice as much profit and drive significant business growth.

Our high potential employee assessment and HiPo development programs are nothing like the run-of-the-mill leadership programs you've likely sent your employees to before. We do not host one-day or one-week events where your company leaders mingle with executives from other firms and listen to so-called "trainers" rehash the same hackneyed leadership clichés that, by now, are probably seared into your brain.

Instead, we evaluate your company and its specific needs; then, we build a program from the ground up to meet them. We customize every program using high potential employee development best practices, including:

  • Needs analysis using our high-potential employee assessment tools
  • Culture analysis
  • Employee level and experience 
  • Creating a "coach approach"
  • Long-term sustainability
  • Human resources integration and even ‘train the trainer’ options

Your hi potential employees get the opportunity to work with master trainers who specialize in developing high-potential employees. They have helped many businesses get the most out of their workforce and create seamless transitions between generations of leaders. Our master trainers HiPo program experts put their knowledge, experience and vast resources to work for your business.

Why Should You Invest in High Potential Employee Development Programs?

Financially, it just makes sense. Hi potential employees tend to bring more value to companies than non-HiPo staff, and development and training programs only make that more likely. First, because formal High potentials leadership programs are an acknowledgement for the high-potential employee that they have something extra to offer and that you are willing to invest in that. Second, because high potential development programs teach HiPos how to hone their skills and talents to better address business, team and even personal goals. Formalized high-potential development programs can also make your organization more attractive to top candidates. Individuals who have previously been identified as HiPo elsewhere or who self-identify as HiPo (even if they don’t know the term for it) are drawn to companies that invest in leadership training, offer coaching and mentorship opportunities and help employees prepare for brighter futures. But How Do You Identify HiPo Employees?

Yes, performance matters. Turnkey Coaching & Development Solutions’ benchmarking process helps you evaluate performance metrics and other key factors to identify HiPo employees, but we also encourage you to get to know your staff and to work with them in a variety of environments. Via customized team and leadership development programs and working side-by-side with high achievers, you can better identify individuals who demonstrate HiPo traits. Some things that are common to high-potential individuals include:

  • Excellent communication skills. Even without training, HiPos tend to be able to express themselves powerfully and clearly, and they often understand the nuances required of leaders.
  • Already in leadership roles or being considered for them. Most HiPos don’t wait for formal recognition to excel, and they often work their way into leadership roles or stand out for consideration. At the same time, executives should realize that numerous factors can hold an unidentified HiPo back, so it’s important consider talent at all levels of an organization.
  • Knowledge, interest or insight outside of their position. HiPos are rarely happy doing the same job for years at a time, and they’re always looking for a new risk, challenge or opportunity. That means they ask questions about departments and processes outside of their immediate work environment, and they often make work decisions based on big-picture thinking rather than solely on personal, team or short-term goals.

The same talents that make Hi potential employees so likely to succeed in the long term can actually lead to poorer short-term performance, especially if they aren’t identified and property developed. Turnkey Coaching & Development Solutions provides custom HiPo development programs that enable you to engage and develop talented staff as well as establish a plan for retaining high potential employees.

Traditional day or week-long high potential employee development programs might seem like an easy way to develop your high-potential employees — after all, that's what other companies are doing, right? — but think about how many such programs you've attended in your career. Then ask yourself, "Am I really a better leader because I attended a few formulaic leadership conferences?"

If you want real results, you need a customized HiPo employee development program custom-built just for your company and with high potential development programs best practices. That's what our master trainers and certified coaches at Turnkey Coaching & Development Solutions have to offer. Typically, we work with both large and small groups of high potential employees to create a comprehensive training and HiPo development program crafted around your goals that prime your business for success.

What kind of background do your master trainers have?

Many of our master trainers have 10+ years corporate experience, thousands of hours of executive coaching, and have served as corporate executives themselves or had Fortune 500 companies as clients. In addition, many of them hold advanced degrees such as MBAs and Ph.Ds.

What kinds of results can my company expect?

The goal of our high potential employee assessment and development training programs is to first establish the results you hope to achieve and then design our program to offer the best chance of seeing those results. Perhaps your organization seeks to reduce turnover, or improve innovation, or perhaps your executives are within retiring age and you want to ensure a ready-now bench of competent leaders.  We can design a high potential employee development program to address these needs and more. In fact, many of our clients have reported increased productivity, better organizational strength, cost reductions, higher bottom-line productivity and many other positive results.

How much does a high-potential employee development program cost?

Because we custom design each program based on the client's individual needs, it is impossible to quote an exact cost up front. What we can tell you is this: We offer a variety of participation levels that let you choose the intensity and duration of the high potential development program based on your budget and the time your organization has available to invest.

Without the right leaders and skilled innovators, your company can't compete or grow. A high-potential development program is a proven way to find future managers and executives or develop and recognize the leadership you already have. At Turnkey Coaching & Development Solutions, we believe it's important to invest in all your people, but we also know that HiPos perform and react differently from other staff. By customizing leadership programs to account for their inherent talents, we help high potential employees hone those skills faster and most appropriately for use in a business environment. Your customized high potential employee development program may include any number of options, including your choice of the following:

  • Coaching
  • Active Learning Workshops
  • Shark Tank Style Capstone Projects
  • Business Simulations
  • E-learning Modules
  • Group Coaching or Peer-to-peer shared intelligence Sessions
  • Lunch and Learns
  • High Potential Employee Assessment
  • Gamification
  • Soft skill development as well as business competencies such as finance fundamentals, business acumen, critical thinking, strategic planning, etc.
  • Key stakeholder input / supervisor feedback
  • 360 assessments and more.

 

Hone high-potential talent

at your business with a unique high potential leadership development program from Turnkey Coaching & Development Solutions.

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