Talogy has unveiled a new High Potential (HiPo) offering to equip businesses with the means to pinpoint and groom future-ready staff more accurately and objectively. This move fits a context where companies are increasingly challenged to develop leadership pipelines capable of withstanding change, given technological advancements and shifting worker expectations.
As per a study conducted by Talogy, an over-reliance on subjective methods for identifying high-potential workers is still prevalent in many organizations, with 91% of HR professionals and 88% of business leaders referring to standard performance ratings. The company believes these approaches may perpetuate bias and are not reliable predictors of future leadership effectiveness.
To overcome these issues, Talogy’s newly launched service integrates scientifically validated tests with analytical tools to assess individuals not only on who they are now, but based on what they could become in the future. The application will help pinpoint promising leaders as well as those who have a knack for specialist roles, thus affording organizations the opportunity to develop both innovators and management talent.
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“Identifying high potential is no longer just about who is doing well in their current role, it’s about who has the capacity to lead in a future we can’t yet fully define,” said Alanna Harrington, Head of Emerging Talent Solutions at Talogy.
“Our new solution provides organizations with a data-led roadmap that builds resilient talent pipelines which are inclusive, objective, and aligned with global business priorities.”
Talogy’s HiPo model, which is at the heart of this initiative, measures individual performance based on four different aspects: aspiration, agility, commitment, and capability. It is expected that these measures would be able to predict future success regardless of industries and career progression.
This new offering by Talogy also provides customized development recommendations and intelligent analytics that would enable HRs to make better decisions regarding succession planning, workforce development, and recruitment strategy. It supports several languages and can easily be integrated within the existing HR environment, which makes it a good fit for multinational companies managing diverse employee base.
The new initiative by Talogy is meant to help organizations overcome their reliance on instincts when making decisions about their talent management strategies.
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