High-potential employees are those who possess the qualities needed to develop into leadership and management roles, with the potential to significantly impact their organization’s direction and success.
Identifying High-Potential Employees
Studies have shown that high-potential employees often make up a small percentage of a company but contribute significantly to its overall work. These employees are also the most likely to lead larger projects and assume more senior positions in the future.
However, this segment of the workforce often lacks the necessary support and growth opportunities, which can lead to decreased performance and, eventually, turnover. Even more concerning is that, according to the 2021 DDI Global Leadership Forecast, as many as 86% of high-potential employees are at risk of burnout.
High-potential employees must be managed thoughtfully and responsibly, not only for their own well-being but also for their impact on team effectiveness and their potential to drive transformation within the organization. Identifying high potentials early and investing in their development is crucial to ensure they are equipped to thrive and contribute at their highest level.
High Potential vs. High Performance
Employees who perform well may not necessarily have the high potential to step into leadership roles. This is often linked to the presence of key soft skills. Employees who excel in communication, think strategically, and can adapt quickly and creatively are more likely to be suited for leadership positions when the opportunity arises.
Developing High-Potential Employees
Once high-potential employees are carefully selected based on the right criteria, it is crucial to support their development in a way that is both motivating and nurturing.
One effective way to support their development is by giving them more responsibility. This challenges them while also building their confidence to take on roles that require decision-making and ownership.
Additionally, it is important to guide high-potential employees in developing and refining the skills needed for senior roles. This can be achieved through training, educational programs, workshops, and personalized approaches such as coaching and mentoring.