Tenure, skills, and prior successes may lead to a managerial position, but it does not mean that it will produce good leadership. Continue reading
Meetings are valuable because they encourage communication, providing a place for team members to get a say. However, when attendees don’t get this chance, they might walk away feeling like the meeting was a waste. Unfortunately, certain scenarios can make people uncomfortable speaking up. Continue reading
Jeff Bezos, CEO of Amazon, has a curious rule for meetings. He doesn’t plan any meetings in which two pizzas aren’t enough to feed everyone (Inc). Despite the company’s gargantuan size (it counted on more than half a million employees in 2017), Bezos sticks steadfastly to his two-pizza rule. Continue reading
The average employee attends 62 meetings per month—yet nearly half (47%) consider meetings to be the top time-waster at the office (Atlassian). Unproductive and unstructured meetings have become a constant in the workplace—and the drain on company resources can be surprising. Continue reading
Next time you’re in a meeting, try to calculate the cost. A one-hour meeting between 10 employees earning an average of $30/hour adds up to $300 in salaries alone. Inviting one or two managers quickly escalates the cost. Meetings between several managers or executives may cost upward of $1,000 in salary (TED). This doesn’t even take into account the time spent preparing for the meeting! Continue reading
Most of the pitfalls in HiPo programs are not easy fixes. They often require thorough revision of the procedures and practices in place. Nevertheless, improving these programs can be incredibly beneficial to both the company and its employees. Research and experience has revealed some of the most successful ways to find, develop, and engage high-potential talent.
Where did it all go wrong?
There isn’t one factor that can account for the shortcomings of all HiPo programs. Nevertheless, research has been able to pinpoint the most common pitfalls. Being aware of these common missteps can help HR and talent managers create more effective HiPo programs.