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Set your sights on High-Potential leadership and help your organization thrive In today's tumultuous and rapidly evolving business environment, High-Potential leaders are in high demand. Do you possess the relationship skills, strategic vision, innovation, and determination needed to thrive as a high-potential leader in your organization? New York Times bestselling author Ram Charan answers that question and helps you hop on the fast-track to leadership success in this insightful guide. Traditionally, leaders have risen up through the ranks based on their cognitive abilities, analytical skills, thoroughness, and even perfectionist tendencies, but as modern businesses have moved to a more digitally-driven model, the criteria for leaders has markedly changed. The High-Potential Leader explains the modern business climate while highlighting the critical role relationship building, communication style, engagement, and ability to motivate and bring out the best performance in others play in becoming an impactful leader. Whether you're just embarking on your leadership journey or are ready to make the leap to the next leadership level, Charan's real-world lessons and practical advice will help you discover who you are as a leader, chart your path, accelerate your growth, and ultimately, become the high-potential leader your organization needs to succeed.
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Copyright © 2017 by John Wiley & Sons, Inc. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey
Published simultaneously in Canada
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What is the true value creator and competitive advantage for your company? Spotting and deploying talent. Especially in this continuously transforming economy, it is what sets one company ahead of another. This is true for born-digital companies that have become extraordinarily large and continue to expand, and for traditional companies that are waking up to the need to transform.
This book shows high-potential leaders—those who could someday lead a large organization—how to create their own paths and build the essential skills needed to live up to their great promise. At the same time, this book explains to top management, chief human resources officers, and other leadership developers how to identify their high-potential leaders and facilitate their development ahead of competition.
1 High-Potential Leaders Are Crucial to Helping Businesses Adapt and Thrive in the Digital Age
The Urgent Need for High-Potential Leaders
What “High Potential” Means Now
An Important Distinction
Getting Hipos There Faster
How Hipos Can Use This Book
How Leadership Developers Should Use This Book
A Final Word
Tips for Hipos—How to Use This Book
Tips for HR and Leadership Developers—How to Use This Book
PART I FIVE ESSENTIAL SKILLS FOR HIGH-POTENTIAL LEADERS
2 Increase the Return on Your Time (ROYT)
Get Comfortable with People Better Than You
Set and Reset Your Priorities
Customize Your Information Flow
Delegate and Follow Through
Trust But Verify
Decide How to Leverage Yourself
Create Repeatable Processes
Be Decisive
Additional Resources
Notes
3 Multiply the Energy and Skills of Those Around You
Identify a Person’s God-Given Talent
Build Other People’s Strengths
Make Necessary Changes Quickly
Manage the Intersections
Lead the Dialogue
Be a Social Architect
How Tony Palmer Became a Talent Magnet
Additional Resources
4 Be a Master of Big Ideas and Execution
Make Your Big Ideas Better
How to Assess Your Good Ideas
Executing Big Ideas
Execution Basics
Ask Incisive Questions
A Hipo’s Vision and Execution at Fingerhut
Additional Resources
5 Get to Know Customers, Competitors, and the Macro Environment
Observe the End-to-End Consumer Experience
Know the Competition
Dissect Ecosystems
See Your Business from the Outside In
Keep Up with Technology
Additional Resources
Notes
6 Build Your Mental Capacity
Widen Your Lens
Keep Learning
Build Diverse Networks
Seek Information from Everywhere
Stay Mentally Flexible
Additional Resources
PART II TAKING CHARGE OF YOUR GROWTH AND CHOOSING YOUR NEXT BIG CAREER MOVE
7 How, When, and Why to Make a Leap
The Virtue of Leaps
Making Leaps Without Leaving Your Company
Build Your Own Support System
Bonnie Hill’s Multiple Leaps
Leaps Outside the Company
Weighing a Job Change
Your Exit Plan
Your Entrance Plan
Additional Resources
Notes
8 Track Your Mental Health and Work/Life Balance
Business Achievement
Life Satisfaction
Find a Meaningful Focus
Protect Your Mental Health
How Aaron Greenblatt Found His Focus
Additional Resources
Notes
PART III THE CARE AND FEEDING OF HIGH POTENTIALS— EVERY ORGANIZATION’S PRECIOUS RESOURCE
9 Identifying, Recruiting, and Retaining Hipos
Redefine and Find High-Potential Leaders
Create Opportunities for Growth
Clear the Path for Hipos
Improve Feedback Loops
Refresh the Leadership Pool
How to Use This Book to Develop Your Organization’s Hipos
Key Points for Talent Management Leaders
Additional Resources
Acknowledgments
Index
EULA
Cover
Table of Contents
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Dedicated to the hearts and souls of the joint family of twelve siblings and cousins living under one roof for fifty years, whose personal sacrifices made my formal education possible.