WorkPlace Solutions (Canada)
J.T. (Tim) O'Shea M.A., F.I.C.B.
Email: worksols@aol.com
(905) 842 5810 Bus.
(905) 842 6178 Fax.
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Top Ten Tips for March 2001...(Go back to Current Month)
Intro to the Top Ten Tips...
Each month, Tim posts his 'Top Ten Tips' for HR practitioners on various subjects. This month's subject is 'High Potential Employees...how to ensure they don't sit out the game and
then leave'. A list of subjects for forthcoming months and links to previous subjects can be found at the bottom of this page.
- Be clear in the corporate mindset as to what this definition of a 'High
Potential' employee (H-Pot) really means for the business, for HR and for
those wearing the label. Be sure the definition is agreed at the senior
management level, whatever it is: e.g. capable of sustained progression with
added responsibilities such that s/he is capable of attaining an Executive
Committee Member status within two additional assignments, or 4 years at a
maximum;
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- Agree with top management what the implications are...time; effort; cost;
opportunity; commitment by all involved. Don't start without these...it's a
sure sign the commitment is lukewarm or missing;
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- Communicate the initiative to all involved. Don't assume the 'H-Pots' are
the perceived 'stars' the CEO raves about all the time. Be rigorous and
uncompromising in the selection vs the agreed definition;
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- Begin with the premise that an H-Pot has to re-earn the privilege
annually. An H-Pot can be dropped of the list, but can re-earn the privilege
at a later date, if merited;
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- Assign a 'mentor' or 'coach' to each H-Pot. Make this position fully
accountable for results. A portion of a merit/bonus increase for the
'mentor'/'coach' should ride on quantitative /qualitative results here, too;
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- Treat the H-Pots just like a personalized machine in inventory. S/he
requires care and maintenance because s/he can improve the targetted
performance accordingly;
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- Identify a senior HR and senior line 'champion' for the programme. Do not
accept mediocrity in the selection of the 'champions'. The general population
will guage the depth of commitment quickly;
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- Accept input from the H-Pots themselves. They have a major stake in the
process. It's their programme, too;
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- Be rigorous about identifying reasons for the success and/or failure of
individual H-Pots when they make the grade or fall off-side;
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- Tinker with the 'rules' periodically, but don't reduce standards. Look to
hiring specifications, the competitive market and other signals for clues as
to how well the programme is working. It's the Company's future...why
anything less?
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Timetable 2000 ... Top Ten Tips
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Month
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Subject
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March
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Interpersonal Conflict in the Workplace
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April
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Harassment in the Workplace...practical considerations
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May
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360° Feedback...is it right for you?
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June
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Settling post-termination disputes; mutual gains
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July
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Business Planning in HR...how to flex HR's muscle
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August
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Grievance management in unionized and non-unionized workplaces
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September
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Key Lessons in 'Downsizing'...maintaining business & employee relationships under difficult circumstances
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October
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Stock Option Plan Design in private companies heading for an 'IPO'
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November
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Ethical Practices in Performance Appraisal & Related Salary Admin
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December
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Spreading scarce bonus/incentive dollars...best bang for the buck
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January 2001
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Outsourcing...the 'Catch 22' for HR Managers
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February 2001
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How to write really useful Job Descriptions...connecting the business dots
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March 2001
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'High Potential' Employees...how to ensure they don't sit out the game, then leave
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