What is HiPo development?
High-potential (or HiPo) programs and initiatives commonly focus on incubating talent that has the potential to succeed in leadership positions. HiPo programs are increasing in popularity; after all, between 50 and 70 percent of organizations feel they are impacted by a shortage of qualified leaders.
What does HiPo mean in HR?
high-potential employee A high-potential employee (HIPO) is someone with the ability, engagement, and aspiration to rise to and succeed in more senior, critical positions.
What is high potential development?
Many organizations — and likely yours — define high potential as concretely as “your capacity to step into a role that is two levels or more above the one you currently hold.” If performance is all about delivering results in your current job, then potential is simply about the opportunity to deliver results in …
What is hi po?
Identifying high potential. “Hi-Po” employees refer to individuals who have been identified as having the potential, ability, and desire to hold successive leadership positions within the organization.
How do you make a HiPo program?
8 KEYS FOR A WORLD-CLASS HIPO PROGRAM
- Align to All Four Talent Management Activities.
- Plan to Mix Your Talent Globally.
- Anticipate Business Needs by Engaging HiPos in Your Strategies & Plans.
- Remember that Your HiPos Are Organizational Assets.
- Pair Your Leadership Development Programs with HiPo Managers.
What makes a high potential employee?
High-potential employees are extremely talented and produce consistently great work. You can also track their performance with 360-degree feedback in order to paint a clear picture of their current career situation as seen not only by you and the employee, but also by coworkers, subordinates, and customers.
How do you become a Hipo?
HiPos are wholly committed to the organization. They are highly engaged and demonstrate it by being involved in creating opportunities, identifying challenges and motivating others to achieve common goals. They nurture and harness their own and others’ individual potential, career goals and personal needs.
What is a Hipo company?
HiPO stands for a high potential employee and these represent the cornerstone of any organization. This is not to be confused with staff that might be just high performers. HiPOs have the drive for future leadership in the business or firm and it shows in their character as they handle larger responsibilities.
How do you keep Hipo?
How to identify and retain high potential employees
- Skill. This is based off learned skills or innate qualities.
- Experience. Various experiences in aspects of business, management or production can be a good indicator of a HIPO employee.
- Learning Agility.
- Aspiration.
- Engagement.
- Recognize.
- Reward.
- Challenge.
How do you identify HIPOs?
Some of the characteristics that distinguish HiPo employees from others, and that should be assessed when identifying high-potentials, are:
- Strategic Thinking.
- Strive for Excellence.
- Learning Agility.
- Decision Making.
- Proactiveness.
- Adaptability.
- Leadership Orientation.
- Relationship Building.
What is HIPO chart?
A HIPO model consists of a hierarchy chart that graphically represents the program’s control structure and a set of IPO (Input-Process-Output) charts that describe the inputs to, the outputs from, and the functions (or processes) performed by each module on the hierarchy chart.
How do you engage high potentials?
Feedback and communication.
- Career Pathing & Support. High potentials are more committed and engaged when they have a clear career path.
- Greater Authority. When a high potential is provided a special assignment, it likely means their level of responsibility has increased.
- Feedback & Communication.
How can Gartner help your HIPO development program?
Each year Gartner surveys learning & development leaders across the globe to gain insights on HIPO development objectives and program execution and effectiveness. Compare your HIPO development programs against global averages to make strategic changes that boost performance.
How many HIPO programs build employee potential?
The top objective of most HIPO programs (81%) is to build a pipeline for succession management, but most are missing the mark. Of the more than 300 strategies, programs and interventions we examined, fewer than 80 truly built employee potential.
How to accelerate and strengthen HIPO?
Organizations now recognize it is an effective way to accelerate and strengthen HIPO development. With insights from 360 feedback and interviews, the coach and HIPO can target key strengths and blind spots, and prioritize areas of development. 3. Action Learning
How can implementing a multi-faceted development program Help Your HIPO?
Implement a multi-faceted development program that includes the following to help your HIPOs reach their full potential and generate real business results: 1. Rotational Assignments Give HIPOs experience and exposure with well-planned, rotational assignments that stretch their abilities.
