How to identify and nurture high potential employees within your organisation
Being able to identify and nurture high potential employees is an essential part of establishing a succession plan and ensuring the stability and ongoing success of any organisation.
That’s why it’s important to have a structured system in place, not only for determining which employees are showing the potential to be future leaders and decision makers, but also for developing their skills in order to ensure they reach that goal.
HR management software (HRMS) is cable of assisting with every step of this process, through talent and performance management modules that can significantly improve and streamline employee development.
By identifying the competence needs of certain positions, and comparing those needs against employee profiles, HRMS can pinpoint those staff members with the particular skills needed to take on high-value roles.
From there, existing management can use this data to put together a simple and optimised plan to ensure the high-potential employee is gradually equipped with everything they need to meet the requirements of their future role.
Along the way, clear and measurable targets can be set to ensure goals are communicated to the individual and to those responsible for their development. Core competencies can be consistently measured and reviewed, with 360 degree feedback providing insight as to where the high-potential employee is achieving, and where they require more assistance.
The best HRMS software even comes with built-in training and development systems, which allow you to distribute work-related training to relevant employees. This allows you to ensure high-potential talent are being given the development opportunities they deserve, in a consistent and measurable manner.
The end-result is that, when it comes time for senior decision makers to step down or move on to new responsibilities, a fully-trained and prepared replacement is ready to take their place with minimal disruption to the business.