4. The best way to learn is “to do!”
How to use RC tools to help your ‘hi-po’ leaders grow
WHAT: A practical, short-term, reasonable cost approach to giving your high-potential leaders the interpersonal and strategic skills necessary to make greater contributions to your company.
EXPLANATION: Companies tend to be good at spotting high-potential employees. But studies show that they are less successful preparing them for their next challenge. Coaching on a project basis allows Leadership to assess these employees a timely, most effective way.
According to the Center for Creative Leadership, more than 40% of leaders entering a new position fail in that assignment within the first 18 months. These are often mill managers, regional managers and division heads. The risk of failure is even higher when the new leader has been brought on during a change in initiatives, turnarounds or mergers. The cost of failure under these circumstances are substantial, from the costs of hiring and relocating to the loss of morale and growth opportunities.
Coaching for High-Potential Employees is RapidChange’s approach to building your company’s internal leadership strength. Our approach is about pragmatic solutions for building successful partnerships with peers, linking RapidChange tools and business performance metrics to establish credibility and securing wins quickly.