Successful Training Programs for High Potentials

Developing a Leadership Training Program For High Potentials – A Case Study

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Developing a Leadership Training Program For High Potentials – A Case Study

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Successful Training Programs for High Potentials

Table of Contents

Given the number of baby boomers expected to retire between now and 2030 (the last group of baby boomers reach of the age of 65 in 2030, and, of course, some may choose to work past age 65), organizations need to prepare others to take over leadership roles.  Some organizations will likely source externally to fulfill leadership roles within the organization. However, many other organizations realize that it may be better to move individuals into these roles who already understand the business and have already been working in the organization.  And, certainly, a combination may occur where organizations promote from within and look to fill some roles from external. These organizations who are interested in recruiting from within will look to identify “high potentials” already working within the organization in a variety of roles.

High potentials are often identified as those individuals who have the potential to grow into leadership roles within the organization.  They are hard working individuals who have the potential to be leaders based on their knowledge, skills, and the behaviors and attitudes they display.

They are high achievers within the organization – willing to do what is necessary to get the job done. They are eager to learn new skills and take on additional responsibilities and bigger challenges.

For their part, high potentials can build upon their education to make themselves more appealing when internal promotions come available. Earning a higher degree such as a doctorate in a leadership-related field, for example, can give these individuals additional skills that could be the difference between earning the promotion and having it go to someone else from outside of the organization.

There are many examples of companies that have successful leadership training programs in place, such as Bank of America, General Electric, Microsoft, Philip Morris, Novartis International, and Marriott International – to name just a few.

There are many examples of companies that have successful leadership training programs in place, such as Bank of America, General Electric, Microsoft, Philip Morris, Novartis International, and Marriott International – to name just a few.  These organizations have seen the value of ensuring that their high potential employees are groomed for future leadership roles.

Successful organizations know what skills are required for a leader to be effective for the organization to meet its long term strategic goals and grow and prosper.  For example, many effective leaders have the following strengths:

  • Coaching others
  • Influencing skills
  • Collaborative decision making and problem solving
  • Team leadership
  • Communication
  • Long term vision/goal setting and the ability to communicate that to the organization
  • Financial management
  • Strategic planning
  • Strategic thinking
  • Creative thinking
  • Critical thinking
  • Adaptability/flexibility
  • Risk taking
  • Business acumen
  • Change management

Organizations may choose to look at their best leaders and use those competencies they have identified in those specific individuals to determine what they expect/need from their high potential employees in order to develop a leadership training program that meets their professional and personal needs and helps the company meet its long term objectives, which includes having individuals in place and ready to take on senior leadership roles within the organization. An assessment should be done of the high potential employees to determine their current strengths and development needs.

Any skills that are not needed or used now by the senior leadership team, but may be used at a later time, should be considered when developing the leadership training program.  For an example, let’s assume that the organization is currently doing business throughout the United States; however, the Board of Directors would like to see the organization grow and do business internationally.  Your upcoming leaders will need to understand how to do business internationally – international laws and regulations for doing business in various countries, cultural differences, the ability to gauge the market overseas including identifying market for product or services and the competition, developing overseas offices, leading virtually, etc.  These additional needed skills and abilities should be part of any effective training program for the high potentials and should be part of any assessment to determine if an individual has the potential to be a senior leader within the organization given these future needs.

Let’s look at a case study of a manufacturing company that saw the need for a leadership development program for their high potential employees.  We’ll look at how they determined what competencies were needed for future leaders and what comprised the program that was developed.  We’ll also look at how additional individuals were selected to attend the program.

Case Study: XYZ Widget Manufacturing CorporationBackground Information

XYZ Widget Manufacturing Corporation has been in business since the early 1980’s manufacturing widgets for both business-to-business and business-to-consumer sales.  The following functional areas exist within XYZ Widget: Finance, HR/Admin, Sales, Customer Service, Planning & Procurement, Materials Management, Manufacturing, and Quality Control.  Of those 8 functional areas, 5 of them are led by senior executives who are in their 60s and expected to retire within the next 3 – 5 years.  The other 3 are led by senior executives in their mid-50s.  There is no planned retirement date for them, but the Board of Directors for XYZ Widget wants to be prepared.

To that end, the Board of Directors has asked the company to start thinking about succession planning.  How will they fill the leadership roles at each of the functional areas?

Determining Competencies

The learning and development group at XYZ Widget interviewed each of the current members of the leadership time (across all functions) to determine what skills they believed were required to be effective in their roles.  These interviews were done in person, one-on-one.

The group also met with the Board of Directors to understand their vision for the company and their expectations of the next group of leaders.  This meeting was done with all of the Board of Directors in small groups.

Additionally, they surveyed, on-line and anonymously, other individuals in management roles to get their perspective on the strengths and weaknesses of the current leadership team and what they believed were needed for future leaders given the direction the company was heading.

All interviews were confidential.  The data gathered was used to determine what competencies (skills and behaviors) were required for future leaders.

Additionally, external research was gathered/conducted about a variety of companies in the same and similar industries to determine what were generally considered as key skills and knowledge for executives.

The learning and development group also interviewed in depth each of the individuals initially identified as high potentials in the company.  They also interviewed the co-workers of the high potentials (anonymously via an online survey), their direct managers, and members of the senior leadership team to get their perspective of the strengths and weaknesses of these individuals. They gathered data from performance reviews, past projects they worked on, and looked at the roles and responsibilities they had within the organization.  They also reviewed in detail areas where the high potentials took the initiative to make improvements and/or get things accomplished – in other words, opportunities they found to take a leadership role.

Let me step back a moment, these individuals who had been identified as high potentials had worked for the organization for a minimum of 8 years and some as long as 15 years. There were individuals who had developed an understanding of the workings of the company as a whole.  They were those individuals you would find pitching in to help out regardless of the project in order to ensure the company reached its goals.  They were all strong problem solvers and were driven individuals. And, they were passionate learners – learning all they can – frequently on their own – to understand the company.

The Leadership Development Training Program

XYZ Widget, based on their research and the data they gathered, determined that there would be courses that every high potential individual would attend together as a group and then they would branch off to attend training specific to a particular function area.  The leadership program would run over approximately a two year time period and was comprised of the following sessions:

All participants took the following workshops over a one year time period:

  • Business acumen
  • Financial management
  • Decision making/problem solving
  • Strategic planning
  • Influencing
  • Coaching
  • Long term vision/goal setting
  • Team leadership

Then, participants took additional workshops specific to their functional area over 6 – 12 months after the initial program was completed.

Sales Function

  • Competitive analysis
  • Solutions selling

HR/Admin Function

  • Interviewing and selection skills
  • Policies and procedures
  • Basic law

Product Marketing/Customer Service Function

  • Customer analysis
  • Market analysis

Manufacturing Function

  • Lean manufacturing
  • Business process management

Finance Function

  • Advanced financial management
  • Budgeting and monetary control

Planning and Procurement Function

  • Purchasing
  • Negotiating
  • Supply chain management

Quality Control Function

  • Quality management
  • Auditing
  • ISO 9001

Materials Management Function

  • Inventory control
  • Supply chain management

The program then wrapped up with formal mentoring component.  The mentoring program supported all leadership development participants at the end of their program.

Prior to the start of the program, preparation work was required. This included what the individual expected to achieve from the program (their goals and objectives), how they intended to use their new skills and knowledge and some required reading.

Throughout the program, and in between sessions, participants were assigned projects to lead and had to complete required readings.   Additionally, they were required to put together strategic plans as to how the specific functional area they were assigned to might develop and grow in the future.  Assessments were done throughout the two year program to gauge increases in skills and knowledge.

All graduates of the program were assigned mentors from their specific functional area.  These mentors were executives in those areas and had agreed to participate in a formal mentoring program to groom junior high potential employees to take on executives roles in the future.  Mentoring was a required component of the executive’s role and formal mentoring plans were submitted to learning and development and monitored regularly for progress.

How Additional Participants Were Selected

In addition to the already-identified high potential employees, the learning and development group held a nomination to include others in the training program with long-term potential. The nomination process included:

    • A nomination form for managers and executives to nominate individuals within the organization to participate in the training program, including answering:
      • Why the individual is a good candidate for the program (examples required)
      • What the individual will achieve from the program and how the individual’s attendance will benefit XYZ Widget

 

  • A process for review of the nomination forms by a variety of managers, leaders, and directors within XYZ Widget, from across all functional areas
  • An interview process for candidates who were selected from the nominations
  • A selection process based on the results of interviews of the candidates

 

A total of 30 individuals went through the initial pilot program – 20 considered high potentials and 10 others who were selected from nominations (of 35 total nominated).  Two programs were run simultaneously – with 15 participants per program.

Wrap Up

The program ended up taking almost 3 years to complete due to scheduling issues.

25 of the 30 participants completed the program in its entirety, some of those were assigned mentors during the program (rather than at the end as planned) to provide them additional support in getting through the program.  The company determined that some of the individuals who were not considered part of the high potential group but rather were nominated and selected might actually be a better fit for an executive leadership role over the previously identified high potential employee. Of the 5 who did not complete the program, 1 of them quit for another job, and 2 of them dropped out of their own volition as they decided that the workload was more than they wanted to commit to at this point.  The other 2 were released from the program because they did not complete required assignments and had very limited participation.

References

The Leadership Pipeline: How to Build the Leadership-Powered Company, Authors: Ram Charan, Stephen Drotter, James Noel; Publisher: Jossey-Bass, 2001
Succession: Are You Ready?, Author: Marshall Goldsmith; Publisher: Harvard Business Press, 2009

Gina Abudi Blog http://www.GinaAbudi.com

Website http://www.PeakPerformanceGroup.com

Copyright (c) 2009 – 2010 Gina Abudi – All Rights Reserved Worldwide.

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2 Comments

  1. Hi, Thanks for Leadership Development Training Program.
    it is very much to useful.
    There are many myths about leaders, one being that “leaders are born and not made.”
    The truth is, several factors contribute to the development of a leader. Obviously, the leader’s personal qualities are important, but also critical are the needs of the people being led and the objective they are pursuing. Certainly, some personality types thrive better in leadership roles than others. Even so, the good news is that leadership skills can be learned. Moreover, leadership is never a finished product; it’s an ongoing process that needs continuous nurturing and refinement.
    I would like to inform you that before proceeding further, it would be better to have good skills regarding Leadership.
    JM Perry provide training in this regards.
    Effective Training includes:
    * Introducing the skill
    * Practicing the skill
    * Applying the skill

  2. Thank you for your comment Jerry. I agree that leadership requires constant development and finetuning. There is always a new challenge ahead for leaders and they must be prepared to address it to the good of the organization and, just as important, the employees.

    Thanks for your thoughts!

    Best,
    Gina

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