Development of High Potential Employees
To identify high-potential employees, human resources managers may use a variety of methods including performance appraisals, performance reviews, individual development plans or career mapping, and even anecdotal data (Downs, 2015). Among organizations that do have formal high-potential employee development programs, some also have active succession planning with transparent methods of communicating intent. For example, PepsiCo has a formal leadership development center, and admission to the leadership development center is based on performance on various HR metrics (Zhu & Manjarrez, 2017). Empirical research has been demonstrating the advantages of formal identification and employee training for high-potential personnel. Research has also been increasingly focusing on the organizational culture and formal… Continue Reading...