Are You Doing Everything You Can to Bring Out the Best from High Potentials?
Does your organizational culture and talent management strategy bring out the best from high potentials? If not, it should. High potentials can make or break your performance.
The Definition of High Potential Employees
We consider high potential employees as the top 3% to 10% of the workforce in terms of “Results” and “Behaviors.” Results are exemplified by consistently outperforming their expectations and their peers in varied situations. Behaviors relate to achieving those differentiated results in a manner that consistently aligns with the cultural norms and corporate values regardless of the complexity or pressure. Additionally, these unique employees show the attributes required to successfully take on more responsibility within the organization.
Why High Potential Employees Matter
Several studies show that companies that bring out the best from high potentials (HIPOs) are well rewarded. HIPOs drive a disproportionate amount of organizational results. One recent study reported that the:
Treat Your High Performers and High Potentials Differently
All too often the employees who get noticed are the ones who bray the loudest or who are best at navigating office politics. Are these the criteria you want to define your chosen high potentials? Probably not. When it comes to talent, the squeaky wheel approach does not deliver outstanding performance.
How to Find Your High Potentials
Instead of promoting those who are most obvious, perhaps for the wrong reasons, performance management training experts recommend you look deeper into your employee base to find the real high performance stars who deserve their chance on the big stage.
3 Ways Bring Out the Best from High Potentials
Here is how to find the true, but perhaps hidden, talent for today and tomorrow so you can bring out the best from high potentials:
1. Be Absolutely Clear About What It Takes to Excel
This includes behaviors, accomplishments and whatever key performance indicators relate to the specific job role and career trajectory in both the short and long-term. Ambiguity is your enemy here. Strive for two high performance goals that carry 50 percent or more of the performance weight.
2. Be Transparent with Information
Our organizational alignment research found that transparency and the timely flow of information is 13.5 times greater for high performing companies. Actively involve high performers in where the company is headed, where they stand and what their future holds. You will know you are on the right track when high potentials believe that the information flow across the company is timely.
3. Be Discriminating
Invest a disproportionate amount of time and energy in identifying and developing the critical few people who you think will lead your organization forward. Offer targeted learning and career development opportunities. Look for stretch assignments for them to forge new paths, challenge existing assumptions and push the status quo.
The Bottom Line
High potentials are worth the investment. Selected correctly, they make better transitions into new roles, improve performance year over year, model the leadership and cultural values that matter most and help to develop those around them.
To learn more about better managing performance, download The Top 5 Performance Management Success Factors
Corporate Change Is Personal
LSA helped us design and deliver a blended learning solution for our leaders to help drive our growth plans in a way that aligned with our specific culture and values. LSA understood our business, had deep expertise in the content areas, tailored the programs to fit our specific needs, and delivered great results. They constantly strive to deliver business impact and align their solutions with our business initiates, culture, and performance management systems. I highly recommend them to anyone looking to take their leaders to the next level.”
Beth A. Taylor
Vice President of Human Resources
Here’s a token of my appreciation for ALL your efforts. I’m offering my most sincere appreciation, and it extends to all the folks who made our customized management development programs possible.
Workforce Planning Bureau
We recently partnered with LSA Global to offer our Supervisors and Managers a customized two-day management training program. Everyone who attended said it was by far the best management training program they had ever attended. The content was rich and highly interactive. The case studies were relevant. Each participant walked away from the training much better equipped to lead their teams.
Director of Human Resources
Congratulations on your pro-activity in establishing this program and developing such an effective New Employee Orientation course.
President and Chief Executive Office
We partnered with LSA Global to help us invest in our people in the areas of performance coaching, diversity, and inclusion. They focused on helping us succeed and were very flexible in meeting our specific needs. LSA Global exceeded my expectations from a speed, quality, and value standpoint. I would recommend LSA Global to anyone looking for a true business partner.
Director, Human Resources
Working with LSA Global has proven to be extremely valuable and worthwhile. LSA understands our business, has deep expertise in content areas, and tailors the programs to deliver great results. The facilitator was extremely knowledgeable about Working Globally with India and her energy and passion made the session interesting, fun, and enjoyable for all that attended. The participants walked away extremely pleased along with highly useful practices and tools. I would highly recommend LSA Global to any company that has partners or offices in India.
Human Resources Business Partner
We have worked with LSA Global for our learning and development needs and have always had great success. They helped us recently with customized Management Workshops that we held for the second time. It was fantastic, and I would highly recommend LSA to anyone that is attempting to get immediate and impactful improvements.
HR Manager, BU Radiology Informatics
LSA’s customized Effective Presentation Skills program has helped me elevate my presentation skills to the next level. I now have a much greater self-awareness of my presentation skills and can leverage off of my strengths while working to improve upon other areas. I would definitely recommend this solution to anyone for whom business presentations are an integral part of their job.
Senior Marketing Manager
VNUS Medical has been very pleased with the effective management development programs that LSA Global has delivered for us over the last four years. The programs have been universally facilitated by experienced and best in class instructors. The knowledge gained by our management team has been put into practice very quickly. VNUS is very happy to be working in partnership with LSA because they consistently deliver excellent programs that receive exceptional feedback from our management team.
Cindee Van Vleck
Director Human Resources
LSA’s consultant designed and delivered a half-day team building solution for our recent conference. It included careful customization to integrate the design with our new mission and values. Everyone had fun and identified key issues with our teamwork. Altogether a great program!
Director of HR
I have worked with other training companies and found it to be more of a seller/buyer relationship than one of matching the right expertise to our business issues. That’s what LSA does – ask the hard questions, listen, and understand our business needs. We receive the benefit of their expertise from assistance with personal development plans to enhancing team performance, to looking at enterprise-wide challenges. It’s all about helping our business succeed as we grow. Right now, LSA is providing great ideas, a fresh approach, and valuable guidance as we develop our management team and accelerate our client relationship management results.
Director, Team Development
Our company engaged LSA to do a specialized “train the trainer” program, and the consultant’s performance outdid our exceptionally high standards for such a program. Very crucial to the success of this program was the work done upfront to discuss our needs and to interview key members of our organization so that the program specifically met our goals. Our facilitators continue to comment on the success of the program. Thanks also for the follow-up.
Chief Financial Officer
LSA’s Employee Engagement Consulting and Survey work has provided critical visibility into: how well our people are holding up under the general economic environment, as well as, the specific challenges that face biotechnology companies in their efforts to discover and develop new medicines; their level of alignment and commitment to XOMA’s Vision and mission critical strategies; how leadership practices and management systems support an environment that engender commitment, and the specific actions that our leaders can take to improve on areas that are important to our people. I highly recommend LSA’s employee engagement solutions.
Vice President, HR and IT
I highly recommend LSA Global to anyone who is looking to improve individual or organizational effectiveness through their top quality programs and broad range of expertise.
VP of Human Resources
We engaged LSA to design and deliver a 6-month custom executive coaching program for a group of our key leaders. The focus of the program was to help a core group of senior leaders to leverage previous investments in management training, to ensure the engagement and retention of key employees, and to push critical strategic initiatives forward. Even with the high expectations of our senior people, LSA has completely exceeded our expectations. I would recommend them to anyone looking to create and implement a custom coaching methodology using proven tools to drive true change.
Senior HR Manager - Staffing, Training, & Development
Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.
Want to know how you stack up against leading organizations? Receive a complimentary benchmarking analysis courtesy of an LSA Expert.
Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.
First we identify the key metrics you want to improve. Then we assemble a dedicated team of elite experts who have successfully solved similar problems with similar clients.
Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.
Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.