How Can Organizations Best Identify and Develop Talent for General Management (GM) Roles?
[Excerpt] Effective leadership is a unique competitive advantage. Companies with effective leadership experience a 15.7% equity premium while companies with ineffective leadership experience a 19.8% equity discount. Furthermore, it costs less and takes companies a shorter amount of time to develop talent internally over acquiring it externally. To ensure high potential (HiPo) talent succeeds in GM roles, companies can identify proper leadership competencies, identify talent that fits these competencies, and develop this talent accordingly.
Human Resources; HR; general management; gm; leadership; high potential; HIPO; potential leaders; selection bias; pipeline; bias scorecard; culture; learning coach; collaboration; coaching; knowledge sharing; action learning
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