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Saturday, October 15, 2011

HBR October: Post #3--Retaining High Potentials

How to Hang On to Your High Potentials (Fernandez-Araoz, et al, p. 76).

Unemployment may be down, but only 15% of companies in North America have the level of high potentials they need. The talent wars are alive and well. In a key study conducted on high potentials, the authors (practitioners and academics) have developed what will become a classic in the field of talent management. They recommend developing a high potential program focused on corporate strategic alignment, a rigorous selection process, a balanced reward and incentive program (both intrinsic and extrinsic rewards). There are lots of specifics, examples, and meat in this article to help guide a company to start or modify its current high-potential company.

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