Achieving More with High-Potential Talent
High Potential (HIPO) talent bring 91% more value than non-HIPOs, so finding and retaining these within your organization is critical. We explore 4 examples of how organizations have benefited from identifying, developing, and retaining their HIPOs.
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Securing Leadership Pipeline
Valmet corporation are a leading global developer and supplier of technologies, automation, and services —needing the right kind of talent to drive future revenue and profit growth in a challenging landscape, they wanted to build a pipeline of future leaders.
Moving away from reliance on performance data, they introduced SHL’s science-based assessments to accurately measure leadership qualities in a fair and consistent way. Assessing over 1,000 managers to identify those who could succeed in a senior position, it revealed that line managers were not always the best judges of high potential—only 44 percent of Valmet employees previously nominated by line managers for HIPO development were likely to rise to and succeed as leaders.
These precise insights are helping Valmet secure a strong leadership pipeline, and enabling cost-effective development to create talented leaders that will deliver future success.
“By showing us how to identify and nurture our next generation of leaders, our work with SHL is helping to secure a strong, profitable future for Valmet.”
Hikka Alatalo-Korpi, VP of Talent Management
Filling Talent Gaps
Navitasys is India’s leading lithium-ion battery manufacturer—phenomenal growth led to challenges hiring people with relevant experience and getting them up to speed quickly. Realizing that investing in their people was the best way to help fill the gaps in experienced workers, Navitasys built a young leaders program based on SHL’s HIPO solution.
The real-time reporting quickly identified those with the highest potential from their Early Careers population, and insights into the ability, aspiration and engagement of those individuals were used to create personalized learning journeys. This has given Navitasys confidence in securing the future of their business and reduce reliance on costly external hiring.
“With the platform and assessments SHL provided, we would reduce bias and give everyone a fair opportunity to progress, which was important to us.”
Mohit Agrawal, Head of HR
Attracting and Retaining the Best Talent
Cundall is a leading international engineering consultancy operating in over 20 locations across Europe, the Middle East and Asia-Pacific. With a competitive external talent market, Cundall wanted to understand people’s skills to help to attract and retain the best talent.
Using SHL’s HIPO solution, Cundall identified those with potential to be leaders today and those that could, with the right development, become leaders of tomorrow. Now with a broader understanding of managerial and leadership skills, Cundall can strategically align external recruitment with the needs of the business and develop the right individuals to grow the business to reduce risk from leadership transitions.
“A better understanding of all our people’s skills means we can allocate them more effectively to the right roles and better target any development.”
Carole O’Neil, Managing Partner (HR & Training)
Unlocking Leadership Potential
One Mount Group is Vietnam’s largest technological ecosystem that creates solutions along the entire value chain. One Mount wanted to identify and nurture a team of future leaders who could take bold and decisive action to successfully execute the company's growth strategies.
With SHL, One Mount identified 50 individuals within the business that showed the most potential and had the right skills to meet the target leader profiles that they had developed. Those individuals received an ‘Unlocking Potential Report’ which provided personalized development insights to help them manage their own learning with a clear pathway to leadership. One Mount can now develop the right skills across the organization to take the business forward.
“SHL showed how we could assess talent across our organization quickly and access immediate insights into leadership capability across individuals and teams.”
Ms. Phi Thi My Hanh, Talent Management & Development Director
Watch a demo of SHL’s HIPO solution—the data-driven and objective way to discover, utilize, and retain your most critical talent.
