• Jun 22 2016

Is it Time to Eliminate Your HiPo Program?

As marketplaces grow more competitive and organizations rise to face new challenges, the need for strong talent is at an all-time high. It is no wonder then that many organizations are investing in high-potential programs. A CEB study shows that HiPo employees are twice as valuable to an organization than the rest of their staff, making leadership development a critical component of future success.

While HiPo employees are far more likely to achieve a senior leadership position – providing a vital source of future leaders for their organizations – the study also discovered that 80 percent of HR professionals were dissatisfied with their current HiPo programs. Therefore, the question remains: If HiPo programs are designed to create future generations of leaders, why are they failing to deliver?

“55 percent of HiPos will not make it through their developmental programs.”

Why Do Many HiPo Programs Fail?

While these programs may seem to be beneficial, in reality, more than half of HiPos will not make it through their developmental programs due to changing organizational needs and roles. Additionally, half of new leaders who make it through HiPo programs are unable to reach their set business goals in their new position. The hard truth is that  most HiPo programs are producing very few ready-now leaders to adequately meet today’s evolving business needs.

Some of this disconnect is due to the fact that many current succession plans lead to positions that will not exist in a few years time due to evolving industry roles and focuses. Meanwhile, many leaders also fail to rise to their designated senior leadership roles, preferring to move to a competitor. Instead of trying to predict a small group of future leaders, many of the most dynamic organizations today are finding more scalable ways to expand their leadership development efforts.

Broaden the Scope of Rising Leader Development

Even with fixed resources, leading organization are broadening the scope of their development programs by taking three steps. First, they are taking advantage of online technology to deliver live, virtual learning experiences at scale. Second, instead of taking executives away from the job, they are delivering formal learning on-the-job. And finally, they are taking advantage of collaborative peer learning. By reaching more leaders, these organizations are able increase significantly the portion of leaders that will be ready for future roles.

If you are an interested HR professional, please speak with our team to learn more about how ExecOnline can broaden the reach of your rising leader programs.


You May Also Like

  • Dec 18 2020

ExecOnline’s 2020 Year in Review

2020 was a year like no other. We tossed aside our carefully drawn out plans and quickly l...

read more
  • Oct 29 2020

Developing Future Ready Leaders at ExecConnect 2020

Earlier this month, we brought 1300+ global HR professionals, leadership experts, and worl...

read more
  • Oct 26 2020

ExecOnline Announces the Winners of the 2020 Impact Awa...

New York, NY – October 26, 2020. Winners of the 2020 Impact Awards were announced at...

read more
  • Aug 26 2020

ExecOnline Partners with Duke Corporate Education to La...

New York, NY – August 26, 2020 – ExecOnline, an enterprise platform partnered with...

read more
  • Jun 18 2020

A 3-Step Guide to (Re)-Prioritizing Leadership Developm...

In a typical year, the end of June marks the midpoint of the calendar, and is a natural ti...

read more
  • Jun 11 2020

How ExecOnline Responded to Changing Customer Needs in ...

Over the past few months, executives everywhere have been assessing the impact of the pand...

read more
  • Jun 01 2020

5 Reasons to Leverage Leadership Development During a C...

In previous times of economic decline, HR and talent development budgets were targets for ...

read more
  • May 20 2020

3 Steps CHROs Can Take to Create a Resilient Culture

Resilience, defined as ‘an ability to recover from or adjust easily to misfortune or cha...

read more
  • May 04 2020

How to Manage Virtually During COVID-19: A Podcast With...

Stephen Bailey, Founder & CEO of ExecOnline, joined Lindsey Pollak as a special guest ...

read more

Subscribe to Our Blog

Get the knowledge and inspiration you need to better develop your leaders — straight to your inbox.