Business Volatility Requires Greater Investment in High-Potential Executives

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Talent Quarterly – Business Volatility Requires Greater Investment in High-Potential Executives

Despite companies investing more aggressively in executive recruiting, assessment and development, those investments are having less of an impact for executives in fast-changing market environments. In an article published to Talent Quarterly, Egon Zehnder’s Karena Strella, Dr. Jens Riedel and Dr. Tilman Gerhardt write that the radical transformation of established business models and constant volatility require a more systematic look at an executive’s potential, both professionally and personally. “If organizations need leaders capable of handling situations of uncertainty confidently and effectively – and most do – then they must expand the scope of their vision to take leadership potential into account,” they write. The potential model analyzes executives on four key dimensions — curiosity, insight, engagement and determination — and can serve as a foundation for professional development and succession planning that align with an organization’s strategic priorities.

Full story: Karena Strella, Dr. Jens Riedel and Dr. Tilman Gerhardt: Potential: The Raw Material of the Future in Talent Quarterly (#6) (June 2015).