Job Satisfaction
Increased Skills
Greater Confidence
Quality of Work
Building an Effective Leadership Pipeline with Torch
One of the best ways to do that is by attracting, developing, and retaining high-potential (HiPo) employees, those who show motivation, ability, and organizational commitment.
Effectively meeting that goal requires providing learning and development opportunities, specifically mentoring and leadership coaching.
Let’s explore three areas where your organization can make impactful changes that will help you attract, develop, and retain HiPo employees and build your leadership pipeline.
Go to torch.io/mentoring to get started today
1
Continuity
Scenario
You want to provide HiPos with development opportunities, but your follow-through is lacking. Development programs you do initiate quickly fall by the wayside. This leads to a poor learning experience and disengagement.
Solution
Provide guided on-the-job learning that creates more continuity for HiPos. The business will benefit from increased engagement and retention while HiPos gain bite-sized accessible content and peer and mentor support.
2
Hands-on Support
Scenario
You present a development program and expect HiPos to be successful in their roles. But more than half of your HiPos end up dropping out of the program because they have no support to rely on.
Solution
Offer your HiPos a network of people to turn to when needs, questions, or concerns arise. This will give HiPos the confidence they need to overcome obstacles, work toward their goals, and ask for help.
3
Personalized Experience
Scenario
You offer development opportunities but take a one-size-fits-all approach. This leaves HiPos frustrated at trying to fit their unique business context, learning needs, and/or individual preferences into a mold.
Solution
Create a personalized learning journey for your HiPos by offering an integrated learning platform that includes guided and experiential learning, curated content, goal setting, and ongoing feedback.
How Mentoring
and Coaching Help
Both mentoring and coaching involve a relationship focused on development. In mentoring, a mentor with expertise in a certain area passes on his or her skills and experience to a mentee. In coaching, a specially trained coach guides an employee to set and reach goals.
Mentoring and coaching programs benefit not only HiPos, but also organizations.
Benefits for HiPos
Benefits for Organizations
How we can Help
Torch’s effective HiPo program integrates leadership coaching, mentoring, and digital learning. It provides hands-on peer and coach or mentor support to address questions or concerns as they arise. And, perhaps most importantly, it offers a personalized journey for each HiPo.
Take your HiPo program to the next level. Torch will help you improve your approach. Learn more: torch.io/mentoring
SOURCES:
Deloitte Insights – The Fourth Industrial Revolution: At the Intersection of Readiness and Responsibility
Human Capital Institute – Building a Coaching Culture with Managers and Leaders
LinkedIn Learning – 2018 Workplace Learning Report
Torch – Mentee User Dataset
CNBC – Nine in 10 Workers Who Have a Career Mentor Say They Are Happy in Their Jobs
