High Potential Development

Recent research from the Metrus Institute suggests that most organizations are not getting anywhere near maximum return on their human capital investments. How can this be? For many organizations, people are the most expensive asset—one that walks out the door every night. 

In just under two months, we’ll ditch this winter snow and bask in the warm sunshine of Orlando, FL for HCI’s annual Human Capital Summit. By now you’ve probably heard about the Summit theme: Building Successful and Adaptive Talent Management in a VUCA Environment (VUCA – describes an environment characterized by: Volatility, Uncertainty, Complexity, and Ambiguity); and you’ve also started monitoring the list of rock-star keynotes as it continues to grow each week. You may have even read our lastest Summit Spotlight where we covered best-selling author and predictive statistician Nate Silver; this week I’d like to tell you about Liz Wiseman, author of the runaway bestseller, Multipliers: How the Best Leaders Make Everyone Smarter. Liz knows a few things about leadership in a volatile environment…perhaps most importantly that when talent is required to be lean and agile – the ability to inspire, motivate and drive the workforce towards increased production and innovation is critical for success.

Consider this: It can cost $4,000 to $40,000 to recruit and onboard one new employee. Therefore, companies that have implemented efficient hiring practices get the best return on this investment, especially when they focus on acquiring top performers.