Space & Satellite Professionals International (SSPI) today released Identifying and Engaging High-Potential Employees, the newest report in the Making Leaders series. The brief, readable report shares insights from experts in talent management on how to spot high-potential employees, what to do with them, and how to know you are doing it right.
Companies need a few influential, high-performing employees who lead others to success. In the talent business, they are known as “high potentials,” and companies in space and satellite can’t get enough of them, in small and midsize companies as well as large ones. The report offers specific guidance for the small to midsize company on using limited resources to get the biggest impact.
They are not alone. In a 2011 study, McKinsey & Company compared the growth of 700 companies with independent performance appraisals of more than 100,000 executives. They found that leadership quality is critical to growth – but that most companies don’t have enough high-quality executives.
Every manager has the chance to identify, engage and help retain high-potential employees, and doing it should be part of every manager’s job. In this report, SSPI offers advice not just for large corporations but for the small-to-midsize companies that are the backbone of the industry.
“High-potential employees are the core of the leadership succession plan,” said executive director and report author Robert Bell. “They are also the people in your organization who make you think differently and can move the business forward if they are identified and properly developed. As one of our eight contributors put it, ‘The technology industries are going to have a lot more turnover because tech workers are valuable and know it, and they see the explosive changes taking place all around them.’”
Identifying and Engaging High-Potential Employees is available for free to SSPI members and for purchase by others. The Making Leaders series of reports, video interviews and podcasts focus on guiding the industry through a period of major change in how it identifies, attracts and manages talent to drive innovation.