Having a strong leadership pipeline is a sensible strategy for any organisation. Identifying, nurturing and retaining high potential employees at the start of their careers is a strategy that pays off handsomely.
Wouldn’t it be nice to hire an enthusiastic young gun with the skills you need now, and then have them move up the ladder with your organisation? Ideally, you would spot a candidate with high leadership potential and then nurture them, helping them to grow into the leader whose aptitude you so astutely spotted way back. The long-term health of an organisation is much better when hiring managers can identify those with the potential to grow into a leadership role and excel at it.
The problem is, it can be difficult to know what skills will be needed next month, let alone further into the future. As Daniel Goleman has written, ‘the only certainty about tomorrow’s business reality is that it will be ‘VUCA’: volatile, uncertain, complex and ambiguous.’ Technological change, globalisation, economic uncertainty, demographic shifts and an increasingly data-driven business environment mean that we are less likely than ever to be able to predict the future of any industry, let alone our individual businesses.
With the help of the right recruitment tools, your organisation can identify people who have the right skills for the role and the organisation right now, and the ability to master new skills that may be needed later. Critically, you can also learn to spot the right attitudes and behaviours that identify a new hire as a potential leader.
These are the personal characteristics to be on the look out for when you interview future leaders and when you decide what personality assessments to use in your hiring process.
Social and emotional intelligence
People with high social and emotional intelligence understand both themselves and others and how to manage emotions in each. They make others feel valued and can motivate them with their enthusiasm and positive attitude. They are consistent in their actions, able to show empathy and compassion, are honest and always act ethically and responsibly.
Motivation and a degree of selflessness
Potential leaders can inspire those around them to be their best selves. They are not egotistical or driven by self-interest, but by a genuine desire to inspire others to do their best. They know that their success always depends on the willing co-operation of others.
Openness to feedback new experience and information, learning
Potential leaders are curious about themselves as well as the world around them. They ask good questions and listen carefully to the answers. They look for feedback from others and learn from it and from their mistakes. They understand collaboration and can identify strengths in others that will contribute to great outcomes.
Persistence
Willingness to work towards difficult goals without giving up when things are tough, resilience to continue in the face of setbacks an to learn from failure are hallmarks of good leaders. Those with high leadership potential are able to motivate others and to keep going even when times are tough. They enjoy challenging both themselves and those around them.
The precise mix of characteristics and how they combine with hard skills will be different for each organisation. Identifying what you need now and into the future is a complex tasks. Challenge Consulting’s suite of psychometric tests can help you to identify potential leaders to match your needs now and into the future.
Contact Challenge’s People Solutions Team on [email protected] or (02) 9221 6422.