Should You Invest More in Training High Potentials?
There is an ongoing talent development debate about whether it is wise to focus on training high potentials or to spread training resources more evenly throughout the workforce.
Training High Potentials Point of View
Some leaders believe that it makes sense to provide special development opportunities for their most promising and most strategic workers. After all, these are the employees who are ambitious, talented, dedicated and most likely to succeed where it matters most.
Don’t they deserve special investments in time and training? Some clients believe this is the only way to go if you want to impact business performance. For example,
Training All Employees Point of View
Other leaders do not believe in playing favorites. They would rather invest in developing all their employees and creating a culture of equality. Many are also betting that, in their larger population, previously unrecognized talent will emerge as a result of the general training and their “equal opportunity” strategy will pay off in more engaged employees overall.
There Are Risks in Both Approaches
A company that focuses on training only high potentials is likely, on average, to lose over half of them over a five year period to better offers from the competition. And a company that invests in training all employees, may well risk a great deal of their development dollars on employees who are not yet ready for the training or not sufficiently skilled or motivated to transfer the new skills to their jobs and make a meaningful impact on the business.
So where does that leave us in the debate of training high potentials versus training all employees? Based upon twenty-plus years helping clients in the field of talent management consulting, we believe:
The Attributes of Effective Training
We heartily believe in the value of corporate training and development if it is done right. That is a big “if.” We consider training done right to have the following attributes:
Then corporate training can provide a needed and exciting competitive advantage.
The Bottom Line
Company leaders need to assess their training priorities in light of their overall corporate strategy and workplace culture. This will help them make a wise decision on whether to target the training on a specific group or deliver it more broadly. Develop the talent that you need to grow and compete.
For the optimum use of your training budget, align your talent with your business and people strategies.
To learn more about taking your training approach to the next level, download The Top 10 Warning Signs that Your Training Function May Be in Trouble
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Frank J. Kuypers
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What a refreshing change from the half-baked psycho-babble you normally get from training and consulting organizations. LSA gives you the practical and results-oriented assistance you need to define and reach your goal. They provide a results driven plan – not just a temporary fix. They are great to work with, and even more importantly, they “get it!”
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PalmSource has found our relationship with LSA extremely beneficial. We worked closely with LSA to customize the right Management Training Program solution to meet our unique business needs. LSA is a quality organization, one that I’d recommend to any company looking for a first class training and consulting partner.
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Workforce Planning Bureau
We consider LSA Global our outsourced learning and development partner. We worked closely with LSA to customize a management development program to meet our growing business needs. I would highly recommend LSA to any company wanting to deliver quality learning solutions.
Vice President Human Resources
We recently contacted LSA Global to assist us with a unique training request. We gave LSA a very short deadline and LSA custom designed a training program to meet our exact requirements within the limited time allotted to them. We found their facilitator to be well versed in the subject matter and very credible; the design provided practical and valuable information to our team of managers. I highly recommend LSA Global, particularly in the area of management training.
Julaine K. Souza
Senior Vice President
LSA exceeded all my expectations. We interviewed 7 potential training and consulting partners and selected LSA due to their expertise, flexibility, and breadth and depth of solutions. We were able to construct a management training course from the modules most appropriate to our needs, and are able to provide additional training from their well developed portfolio of experts. Our managers galvanized as a team throughout the session and are better prepared for the rigors of a competitive market.
I’ve partnered with LSA Global at two companies now, and I consider them a valuable and trusted training and consulting resource. They recommended just the right solution to address our management development needs and have wonderful facilitators that match YuMe’s culture and style of our management team. I would highly recommend LSA Global to any company wanting to deliver quality learning solutions with a valuable learning and development partner.
We partnered with LSA to pilot a customized behavioral interviewing program to help ensure that we continue to hire the best and brightest as we continue to rapidly scale. LSA’s ability to understand our business and our unique culture combined with their desire to ensure that the best practices framework truly fits our performance environment and is highly adopted by our people is a real blessing. Most other firms want to just ‘give you training.’ Not LSA, they are focused on helping me hit our hiring forecasts and attract A players.
Director of Global Recruiting
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