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How to Spot Future Leader Potential: 5 Tips for Identifying Leaders and Maximizing ROI - Webinar

  • ID: 3989379
  • Webinar
  • 60 Minutes
  • Lorman Business Center, Inc.
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Organizations with strong leaders consistently outperform the competition, be sure to hire wisely.

Attracting and retaining talent is among the top five most critical risks today’s organizations face, according to a 2015 Aon Hewitt Global Risk Management Survey. Yet only 15 percent of North American companies surveyed by Harvard Business Review said they had enough successors in the pipeline for key leadership positions. It’s no secret that organizations with strong leaders consistently outperform the competition. These leaders typically start as employees who demonstrate high potential, and studies have shown they are twice as valuable to an organization.

Unfortunately, as OnPoint has discovered through our own research, many professionals lack confidence in their company’s ability to identify the right employees and effectively develop them to become future leaders. Without a succession plan in place, companies can make costly mistakes. Many organizations make significant investments to develop and promote the wrong employees, which is very costly. Companies often promote employees based on factors that seem important, but aren’t always the best predictors of future success for leadership roles.

The truth is, the hardest workers or the most loyal employees aren’t always the best leaders. They may lack the ability or the ambition to lead, or they may not be highly engaged in your organization because they are more interested in another company or a different career path. So why do so many companies face these challenges and what can you do to maximize your ROI?

Learning Objectives
  • You will be able to define success for your leaders.
  • You will be able to describe how to spot a high-potential employee and put him or her on the fast track.
  • You will be able to identify unconventional training tactics to engage employees.
  • You will be able to recognize key metrics to measure success.
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The Current State
- Why Succession Management Is Essential
- Hidden Costs of Poor Succession Management
- Pitfalls to Real World Succession Management

Introduction of AmeriGas Case Study
- The Business Challenge
- The Solution

Tip 1: Develop a Success Profile
- Beyond the Job Description
- Creating Robust Success Profiles
- How to Use the Success Profile
- AmeriGas Case Example: What They Did
- Best Practices

Tip 2: Assess Talent
- Who Are Your High Potential Employees?
- How to Spot a Hi-Po
- AmeriGas Case: How They Did It
- Best Practices and Tools

Tip 3: Review Results
- Present Data to the C-Suite
- AmeriGas Case: What They Did

Tip 4: Develop a Plan for Employees
- Make It Practical
- How to Help a Hi-Po Thrive
- AmeriGas Case: What They Are Doing

Tip 5: Measure Success
- Document Progress
- Sample Metrics
- Tips for Measuring Success
- A Formula for Measuring ROI

The Payoff
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Rick Lepsinger, OnPoint Consulting LLC
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This webinar is designed for supervisors, team leaders, business owners and managers, presidents, vice presidents, human resource managers and others with management responsibilities.
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Order Online - visit: https://www.researchandmarkets.com/reports/3989379
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