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How to Spot Future Leader Potential: 5 Tips for Identifying Leaders and Maximizing ROI

 
Organizations with strong leaders consistently outperform the competition, be sure to hire wisely.Attracting and retaining talent is among the top five most critical risks today’s organizations face, according to a 2015 Aon Hewitt Global Risk Management Survey. Yet only 15 percent of North American companies surveyed by Harvard Business Review said they had enough successors in the pipeline for key leadership positions. It’s no secret that organizations with strong leaders consistently outperform the competition. These leaders typically start as employees who demonstrate high potential, and studies have shown they are twice as valuable to an organization. Unfortunately, as OnPoint has discovered through our own research, many professionals lack confidence in their company’s ability to identify the right employees and effectively develop them to become future leaders. Without a succession plan in place, companies can make costly mistakes. Many organizations make significant investments to develop and promote the wrong employees, which is very costly. Companies often promote employees based on factors that seem important, but aren’t always the best predictors of future success for leadership roles. The truth is, the hardest workers or the most loyal employees aren’t always the best leaders. They may lack the ability or the ambition to lead, or they may not be highly engaged in your organization because they are more interested in another company or a different career path. So why do so many companies face these challenges and what can you do to maximize your ROI?

Agenda

Faculty

Rick Lepsinger

Rick Lepsinger

OnPoint Consulting LLC

  • President of OnPoint Consulting LLC
  • Helps organizations and leaders identify and develop leaders, work better virtually, enhance cross functional team performance, and get from strategy to execution faster
  • Conducts numerous seminars and workshops on succession management, leading from a distance, leading cross functional teams and enhancing execution
  • Wrote several articles and wrote or co-wrote five books including: Closing the Execution Gap: How Great Leaders and Their Companies Get Results, published by Jossey-Bass/Wiley; Flexible Leadership: Creating Value by Balancing Multiple Challenges and Choices (co-wrote with Dr. Gary Yukl), published by Jossey-Bass/Pfeiffer; The Art and Science of 360º Feedback (co-wrote with Toni Lucia), published by Jossey-Bass/Pfeiffer; The Art and Science of Competency Models (co-wrote with Toni Lucia), published by Jossey-Bass/Pfeiffer; Virtual Team Success: A Practical Guide to Working and Leading From a Distance (co-wrote with Darleen DeRosa), published by Jossey-Bass/Wiley
  • Can be contacted at 212-472-8081 or [email protected] and @OnPoint_LLC

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