High-Potential Employees

This episode of the "Deliberate Leaders Podcast," hosted by Allison Dunn, delves into the critical topic of how to effectively lead and develop high-potential employees (HiPos). The episode emphasizes that these individuals are not only top performers but also the future leaders, innovators, and a potential competitive advantage for an organization. However, it also highlights the significant flight risk associated with HiPos if they are not properly developed. A key point addressed is the distinction between high performance and high potential. The episode clarifies that excelling in a current role does not automatically mean an employee has the capacity for leadership. The podcast outlines three key attributes that define true high-potential employees: •  Perspective: HiPos think strategically, asking deeper questions about the long-term strategy, company values, and the real problems being solved. They bring valuable insights and should be included in strategic conversations. •  Presence: HiPos command attention through clear communication, active listening, and the ability to inspire trust, making others feel valued and motivated. This isn't just about charisma but about how they impact others. •  Powerful Work Habits: HiPos are proactive, identify important work independently, are resilient in the face of setbacks, and take ownership of outcomes. They do not require constant supervision. The episode then provides guidance on how to effectively lead HiPos, suggesting several key strategies: •  Ditch micromanagement: HiPos need mentorship and space to think, innovate, and learn from occasional failures. Monitoring will only drive them away. •  Provide honest feedback: Genuinely honest feedback, including both strengths and areas for growth, is crucial for HiPos who crave development. Framing growth areas as a "pathway forward" is beneficial. •  Invest in their development deliberately: This involves providing stretch assignments, opportunities to shadow senior leaders, actively listening to their aspirations, and connecting them with relevant resources, training, and experiences. Dunn counters the fear of investing in employees who might leave by asking, "What if you don't invest in them—and they stay?" highlighting the opportunity cost of underdevelopment. Dunn issues a challenge to listeners to identify HiPos based on the three key attributes and schedule development conversations with them. She suggests asking questions about what energizes them, their growth aspirations, and desired skill development. The goal is to then collaboratively create a specific stretch opportunity aligned with their goals. In conclusion, the episode emphasizes that leading HiPos is not just about quick promotions but about fostering depth in their critical thinking, emotional intelligence, and integrity. Effectively leading HiPos is presented as a deliberate effort to craft the organization's future.  About the Host: Allison Dunn •  Host of the Deliberate Leaders Podcast •  Business Coach •  Founder of Deliberate Directions Connect: •  Website: Deliberate Directions •  Podcast: Deliberate Leaders Podcast Reminder: Subscribe and leave a review to support the podcast!