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High-potential identification refers to the scientific method of identifying an organization’s high-potential employees, who possess competencies essential to succeed in more evolved roles for personal and organizational advancement. High-potential identification is a step-by-step process that involves determining core competencies, identifying tools for assessing employee potential and detailing the program’s goal. It could include training needs identification, retaining high-potential employees, leadership development or succession planning.
High-potential identification is the blueprint for making your workforce future-ready and helps an organization prepare to plug future talent gaps. An effective workforce planning strategy, HiPo identification enables organizations to objectively identify and develop their most deserving employees who exhibit the caliber and appetite for more challenging roles.
High potential identification is the process by which organizations identify their top-of-the-line employees who have the caliber or potential to take up more challenging roles in the future with the right training initiatives. The process of high potential identification contributes to leadership development and building a succession pipeline in an organization. High potential identification is an important organizational development strategy that helps you identify, develop, and retain your high potential employees.
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