Many scientific pieces of research show that when invested in the right employees, the returns earned will be higher. But the main concern arises here is how to identify these right employees.
A company undoubtedly invests in each employee it hires. But it’s some of the employee’s appropriate traits and capabilities required for the job, that would make him stand out. This makes the employer put in those extra efforts to provide him with the right kind of training and exposure.
This has shown an increase in the process of high potential (HiPo) identification. This is a process where the employee amongst all others who has the potential to commit, rise and succeed in various leadership roles.
High-Performance vs. High-Potential
A high-performance employee is often confused with a high potential employee. The former is the one who will be doing a good job while delivering a task. While the latter is the one who has a little extra along with the performance.
Following are some steps that can help you identify an employee with great potential:
Active Employees
The person will be highly engaged in his work. He shows great commitment and strives towards the success of the company. They are in sync with the culture of the company and focus on the overall improvement of the company.
Capabilities
The person will make use of his existing abilities in order to acquire the new skills required to perform a task assigned. They are always eager to learn and keep themselves up-to-date with the latest developments in their field.
Aspirations and Responsibilities
The employee is always up for new tasks and opportunities, which could be associated with a higher managerial role. They always involve themselves in the decision-making process by providing valuable inputs and are absolutely committed to their work.
Flexible
A person with great potential is quick to adapt to new processes and is flexible enough to perform in urgent scenarios as well. He would be willing to take that extra step and always be ready to perform in the times of urgencies.
Social Skills
The ability to get engaged with other employees of the company and seek their cooperation is a big thing. A high potential employee possesses good social skills which happen to influence people around and make them stand out. They are able to manage themselves and well as the others. Such people handle pressure well and are able to work constructively in times of adversities.
In conclusion, look for people with good interpersonal skills, high commitment value and are eager to learn new things. Not many employees fall into this category. But if invested in the right person, an organization can expect much better results. They are not just increasing their profits, but are generating next-generation leaders.