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Fact Sheet
Find potentialwith moreprecision.
1
It’s not about where your peopleare today—it’s about how far theycan go—and how fast.
Strong leadership talent is in high demand, with 58% oforganizations reporting a significant shortage of leadersfor key positions*. The problem is made worse by 40%of high-potential promotions ending in failure—verylikely due to incorrect identification of potential.Research shows that only 30% of high performers arealso high potentials, with the remaining 70% havingwhat it takes to succeed in their current role, but lackingat least one critical component necessary for futuresuccess in a more challenging and senior position**.
Our solution.
Korn Ferry’s Potential solution solves these challengesby leveraging decades of Korn Ferry research to helpyou identify those employees with the potential tosuccessfully take on a more challenging role in thefuture.
It enables you to assess participants objectively andaccurately against what we know to be the mainmeasures of leadership potential—leadership traits,drivers, and experiences—plus derailment risks. It thentranslates this into actionable insight you can use toaddress development gaps and make the right decisionsabout where and how to invest for the future.
* PwC (2013) 16th Annual Global CEO Survey** Harvard Business Review (2010) How to Keep YourTop Talent.
Benefits
Quickly and accuratelyidentify individuals with highleadership potential using astandardized, scientific anddata-driven assessmentapproach.
Gain depth of reporting toprovide individuals withinsights on their ability toascend to higher leadershiproles, and development gapsto be addressed.
Improve return ondevelopment spend byinvesting in the right highpotentials.
Future-proof yourorganization with a robustpipeline of leadershiptalent.
Fact Sheet
2 © Korn Ferry 2019. All rights reserved.
About Korn Ferry
Korn Ferry is a global organizationalconsulting firm. We help clientssynchronize strategy and talent to drivesuperior performance. We work withorganizations to design their structures,roles, and responsibilities. We help themhire the right people to bring theirstrategy to life. And we advise them onhow to reward, develop, and motivatetheir people.
What is potential?
The capacity and interest to develop the qualitiesrequired for effective performance in significantly morechallenging leadership roles.
Why does it matter?
When advancing to leadership positions of greaterresponsibility, leadership roles increase in theirchallenge, breadth, and complexity. As leadersadvance, they must reallocate their focus so that theycan help others to perform effectively. They mustlearn to value the work of leadership and believe thatmaking time for others, planning, coordinating, andcoaching are imperative in their new responsibility.
These leadership attributes do not simply spring intoexistence when a person is promoted into leadership;they manifest and grow over the course of a career.So how early can it be discerned who has what ittakes to lead at the highest levels?
What are the assessment outputs?
Assessment reports provide deep, valuable insightsabout an individual and require trained interpretation.
Participant Potential Report
This includes insights divided into six key areas:leadership traits; learning agility; drivers; experience;derailment risks; expanding potential.
These insights provide both the organization with arealistic and nuanced view of individuals, and value tothe participant in the form of key development areasand development tips for the participant.
Talent Grid Export
This is a stack rank export of all the insights for eachparticipant in the cohort. Enabling quick data analysisand comparisons of participants.
Risk Factors Report
A high score on a risk factor provides an early indicatorthat proactive development may be helpful to avoidthese areas stalling the individual’s progression. Thisoptional report gives a deeper view into our full set ofderailment risks, beyond the three included in thePotential report.
For more information, contact your localKorn Ferry representative or visit our website.
Participant Potential Report
Risk Factors Report