Article: High Potential Identification and Evaluation

Leadership

High Potential Identification and Evaluation

Driving C-Level Succession Management: Faced with the impending retirement of 5 out of 6 C-Level Executives over the next 5 years, a leading Oil and Gas Company sought to put in place a systematic program to evaluate the potential and accelerate readiness of next tier talent
High Potential Identification and Evaluation

Faced with the impending retirement of 5 out of 6 C-Level Executives over the next 5 years, a leading Oil and Gas Company sought to put in place a systematic program to evaluate the potential and accelerate readiness of next tier talent. As a leading supplier of energy within the Greater China market, the business has experienced significant growth and expansion and has engaged in multiple joint ventures to expand its footprint within mainland China. To ensure a sense of continuity within the business, the organization strongly desired to identify successors from within the organization rather than bringing in Executive talent from the outside.

A critical first step in the initiative was to meet with key stakeholders within the organization to get a clear sense of the business strategy while also defining what C-Level Leadership success looks 5-10 years into the future.

Read full story

 

Topics: Leadership, Strategic HR, #HIPO, #BestPractices

Did you find this story helpful?

Author


QUICK POLL

What kept you sailing through your work life in 2020?

2 months free subscription
q_auto,f_auto/v1612527885/mag-february-2021.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

How are you tracking performance of your employees in a post-COVID workplace?

READ the February 2021 issue of our magazine to find out how organizations are doing it.

Read Now