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Tagged with: Leadership Training
Today, we’re talking about the topic of High Potential Employees, also known as HiPos and the Leadership Development Programs created to build better leaders. The average firm spends 27% of its learning and development budget on HiPo programs, and two-thirds of companies divert funds from other talent investments to fund these HiPo initiatives. But the fact is, according to research conducted by CEB, 73% of HiPo programs are not effective, showing neither business outcomes nor return on investment. It can all lead you to wonder if the buzz about HiPos is just a lot of hype – but today we are joined by Vibhas Ratanjee, a Senior Practice Expert at Gallup who has written extensively about HiPos. Here, he explains:
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