Driving Business Success with a High-Potential Employees Program in Palmdale, CA

How to Select and Train Employees for High Potentials Leadership Development in the Palmdale area

Whether you need to fill leadership positions now or you’re looking for future managers and innovators, identifying and developing top talent within your organization is critical. Some of the individuals most likely to succeed in leadership roles are known as high-potential employees, or HiPos. These gifted individuals tend to have natural communication, leadership, critical thinking and risk evaluation skills that help them see the big picture and navigate learning opportunities and change quickly. By identifying and investing in these individuals, you can ensure your organization has innovative team players and leaders at every level. Your HiPos benefit from employee development programs by learning to leverage their skill sets and natural talents for personal and company growth.

High-Potential Employees Defined

All your employees are valuable, useful and vital parts of your business, and without them, your company would cease to exist. High-potentials are upwardly mobile employees with the capacity to move easily through the ranks and positively influence the staff members they manage. Also known as HiPos, these unique individuals are relatively rare and achieve consistently good results under challenging circumstances. When correctly identified and trained, HiPos can help shape the future of your company for the better.

HiPo Development Programs Explained

Most industry leaders believe that all employees benefit from competency development training programs designed to help them harness their talents. High-potential employees are frequently already in charge of other people — or they’re earmarked for management positions — so HiPo development programs usually have a positive effect within your company. High-potential Development programs work like this:

Stage One: You identify your HiPo employees and create a list of potential course objectives and attendees.

Stage Two: You implement a custom-built high potential development program in which participants benefit from one-on-one mentorship, individual feedback and development planning, face realistic challenges during simulations or shark tank style workshops and gain access to multidisciplinary training opportunities.

Stage Three: Newly energized and inspired, HiPo employees drive growth and move your company forward.

Identifying your top talent is only the first step toward securing tomorrow’s movers and shakers.

According to Forbes, approximately 95 percent of high-potential employees report feeling committed to the company they currently work for. Even with that commitment, as many as 21 percent still report looking for another job. Why would HiPos seemingly engaged with your organization look elsewhere? One reason is that an unchallenged HiPo becomes a bored and unhappy employee; even if they agree with your mission, feel compensation is more than enough and enjoy their workmates, they may feel unfulfilled without challenge and development opportunities. Organizations that actively work to identify and develop high-potentials in the ranks can cut that number by as much as 7 percent. When they’re identified and provided with opportunities, such as HiPo development programs, talented employees don’t just thrive — they can also help lead others.

How HiPo Development Programs Benefit Your Business

Forward-thinking organizations set themselves up for success by providing well-constructed, high-potential employee development programs for their high-performers.  By offering your HiPos a plan for managing their careers and creating a path for promotion, your organization not only builds more competent employees but cultivates a greater probability of business success. . HiPo training programs make your most promising employees  and leaders more effective by teaching them how to leverage their natural talents. In turn, HiPos generate new ideas, encourage other members of staff and generally strengthen your business from within.

During high potentials leadership program, trainers frequently tackle the following topics:

  • Mechanisms for success. Managers who truly believe in the phrase “the ends justify the means” need not apply to a high potential training program. In the HiPo employees universe, methods count as much as results, and bullying isn’t a part of the curriculum.
  • Decision making. In the business world, calculated choices frequently have to be made on the fly. Innate talent is useful, but pragmatic decision-making skills sometimes must be taught.
  • Self care. Because they’re driven by the desire to excel, many HiPo employees push themselves too hard. When they’re taught to pace themselves, high-potential individuals perform more consistently, get sick less often and avoid exhaustion.

When equipped with the above three skills, high potential employees bring even more to the table and your business benefits accordingly.

Our Benchmarking Process Establishes Standards. This Lets You See Who's Rising Above Them

Evaluating job performance without valid measurement criteria is impossible. That's why, at Turkey Coaching & Development Solutions, the first step in building your High Potential Employee Development Program is establishing performance benchmarks for all key positions in your company. The Turnkey Benchmarking Process defines each job in terms of what your company expects to get out of the position. It clarifies in measurable terms what the person holding the position should be expected to contribute going forward. By establishing this criterion, we can begin to develop a vivid picture of the type of person most likely to thrive in leadership positions at your business: their talents, behavioral traits, personal skills and so on. This also helps us foster better work flow and delegation of duties within your company. With each job title more clearly defined, everyone knows their roles and the way that each position fits into the broader picture.

After Benchmarking, We Help You Identify Your HiPos

With baby boomers retiring en masse, a strong chance exists that your company leadership will receive a complete overhaul in coming years. As a general rule, the more important the position being replaced, the more costly and time-consuming to find a replacement. But there is a work-around: identifying top candidates within your company before the position opens and preparing those candidates to take over when the time comes. Our comprehensive high potential employee’s development program includes a process that enables you to identify the employees who are exceeding the benchmarks we establish together. But there is more to recognizing HiPos than evaluating their job performance. As Tomas Chamorro-Premuzic wrote in Forbes, performance is not potential. Even if you are effective at measuring performance, which you will be after implementing our benchmarking program, you also want to be sure the HiPos you identify will have the same success at the next level. The master trainers and organizational development experts at Turnkey Coaching & Development Solutions teach you to evaluate not just performance but also potential. You'll learn how to gauge possible HiPos based on a set of 23 recognized personal skills such as conflict management, leading others and individual accountability.

Our Training Is Like Nothing You've Ever Seen

What makes our high potential leadership development program unique is that it is all about YOUR company. Rather than the same old leadership program you've probably been to a thousand times, where they trot out those frenetic speakers who get you all fired up for maybe 24 hours before you forget everything that was said and it's back to business as usual, we develop a sustainable, active-learning training and coaching program from scratch that is customized for your company and is tailored to your organization’s precise needs and strategic priorities.

When to Implement HiPo Development Programs

If they’re exposed to the right potential development training program, high-potential employees thrive no matter when they’re identified.. Developing high potential employees requires thoughtful consideration of where they are in their careers; as newcomers may require a different approach than an employee with more experience. Thoughtfully designed   high potential leadership programs treat these two HiPo types differently to ensure optimal development.

  1. Early-stage high potential employee development programs may combine 360 feedback, coaching, and mentoring with technology-enhanced learning tools and group-reinforced training methods. When they’re caught early, HiPos usually develop quickly and often provide their parent companies with years of service.

  2. Late-stage HiPo employee development programs require greater sensitivity in the set-up phase.  It’s important to foster engagement by leveraging the experience of more senior employees. When encouraged through recognition and personalized learning goals, more experienced employees often help create a rich learning environment.  

Taking time to fully customize a program is considered an important high potential development best practice and by taking advantage of the group’s collective wisdom, high potential programs for employees can achieve impressive results.

In short, company owners should invest in both early-stage and late-stage high-potential employees to cultivate success.

HiPo Programs: The FAQs

Q: Why should I give high-performing employees special attention?

A: All employees benefit from excellent training courses, and business leaders looking to achieve real success should invest in every employee. By identifying high potential employees and crafting a plan to retain high potential employees, HiPo development programs create a succession strategy and ensure the underlying structure of a company can survive beyond the current executive team.  Additionally, in a rapidly changing business environment, employees require specific training and encouragement to ensure innovation, interpersonal effectiveness, and the other leadership competencies required to create a lasting competitive edge.

Q: What is the payoff of a high potential assessment and development program?

A: During high potential training courses, attendees learn how to hone their instinctive skills and how to communicate effectively with others to achieve success. When training programs conclude, attendees emerge with new enthusiasm, fresh ideas and vision for the future. More specifically the ROI of retaining high potential employees yields reduced employee turnover costs, knowledge capital retention, and greater returns due to employee engagement and competency.

Q: What do effective high potential employee assessment and high potential leadership development programs  look like?

A: High potential leadership development programs vary depending on the participants, the company goals and budget. High potential employee development programs best practices include leveraging more experienced HiPos and customizing the program to be strategically aligned with the long-term goals of the organization.  Best practices include using relevant high-potential assessment tools and online 360 feedback tools, personality assessments such as the DiSC or MBTI plus individual development planning, coaching, mentoring, shark-tank style capstone projects and group-coaching, to name just a few options. TurnKey Coaching & Development Solutions specializes in custom-engineered high potential talent development programs that deliver multifaceted learning opportunities to help participants advance.

Gifted individuals frequently excel without encouragement, but they do even better when placed in a custom-built high potential development program. HiPo programs are carefully constructed to bring out the best in your most promising people, so your investment pays off in the long run. Well-developed leaders tend to inspire their peers as well as the staff members who report to them directly, and inspired employees tend to deliver consistently great results. In a nutshell, the right executive development program applied to the right people can make your company a leader in its field.

 

Ready to get started?

Contact Turnkey Coaching & Development Solutions today to discuss your company's needs. We look forward to helping you take your business to the next level by ensuring your future leaders are prepared to excel.

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