With the emerging trends in Psychometrics and Analytics, competency assessments and 360 degree feedbacks have been undergoing some massive changes. The development of new age technologies has made it possible to customize Psychometric tools to measure a company’s exact competency framework in a cost effect manner. The new processes also help save time. Gundecha also discusses the process of identification and development of HiPos. While the new age process is certainly easier than of the past, there are challenges too; Gundecha talks about the challenges and their solutions.