Growing businesses need more than hard work and consistent results. They also need a group of talent that will drive future success. This is why many employers have begun evaluating employees on their future potential along with their current performance. According to research, high-potential employees exert 21% more effort than the average employee and have a 75% chance of succeeding at roles that are critical to business performance.
High performers stand out from average employees because they consistently exceed expectations. They have a track record of getting the job done and have mastered their position. While potential and performance are related, they aren’t always perfectly paired together. Here are five core characteristics of high-potential employees:
Engaged & Driven
A majority of high-potential employees are highly engaged in their job, company and industry. These individuals want to be the best at what they do and think more deeply about the job. They are often the employees that are willing to stay late or come in early. High-potential employees take initiative and are eager to take on more work.
Many workers get a job to pay the bills. High-performance employees on the other hand, are more invested in the companies they work for. They genuinely care about the company’s future. Because of their interest in the company, they want to make sure the right decisions are made every time – even when they aren’t in a management position. Driven employees tend to:
- Ask questions
- Don’t buckle under pressure
- Continually develop new skills
- Help coworkers when they can
Sociable & Trustable
Did you know that research has shown that having a best friend at work can bump up profit by 12%? A high-potential employee might not be everyone’s best friend, but they aren’t lone wolves either. Because they are supportive workers and have a consistently positive attitude, they tend to get along with everyone.
Due to their hard work and dedication to their jobs, they have earned the trust of their peers. Colleagues respect to them and utilize them as an outlet for advice.
It’s a lot easier to be an effective leader when you are able to put yourself in your colleagues’ position. According to Psychology Today, emotional intelligence is the sum of three unique characteristics:
- The ability to be aware of your own emotions as well as the emotions of those around you
- The ability to apply emotions to thinking and problem-solving
- The ability to manage emotions internally and externally
Emotional intelligence allows people to be aware of themselves and how their behavior and actions affect other people. Instead of being emotionally driven, high-potential employees keep emotions in check. They don’t let their day affect their peers and vice versa.
Receptive to Feedback
No one is perfect, but learning how to accept feedback is an important characteristic of a high-potential employee. Because these employees are always trying to do better, they love getting feedback. Not only do they listen to advice, they consciously try to improve because of it. Employees with high-potential will avoid making the same mistake twice.
Companies spend a lot of time and energy making strategic business plans, however less time is spent studying the effectiveness of the current structure. Using tools such as job evaluation and assessment processes can provide significant insight into the organization’s roles and capabilities it will need to deliver in the future.
MJ Executive Consulting can help you identify and define your business plan through a thorough analysis of your company. We offer multiple consulting services to help you find and train your high-potential employees. Contact us today to learn more.