Strong leadership is a crucial ingredient for a successful company. With highly qualified people at the top, the entire organization is more likely to outperform the competition and hold on to their most talented employees. Yet, many organizations lack a tried-and-true method for identifying and developing those employees who show leadership potential.

Current processes for identifying high-potential internal talent are often marred by bias and politics and rely on past performance as the main indicator of future performance. Such strategies reward bold, attention-grabbing behaviors that may be attractive in junior employees but become counterproductive at the upper levels.

As several recent high-profile stories suggest, companies don’t have much luck when hiring external C-level candidates either. Studies show that more than half of outside hires fail, many within the first 18 months on the job. As they are unfamiliar with the business, employees, culture, and unique challenges, it is no wonder why many external hires struggle to find success.

However, when hiring managers use the empirical data provided by personality assessment, rather than gut reactions influenced by politics or initial reactions in interviews, they can develop high-potential programs that ensure a stable of promising leaders. By using assessments, managers gain key insight into their high-potential employees in the following areas:

• Bright-side personality – the everyday personality that determines leadership style, judgment, and ability to get along and get ahead
• Dark-side personality – also called derailment personality, this consists of characteristics that under stress or boredom can become debilitating career derailers
• Values – the drivers, beliefs and interests that determine what candidates are willing to work for and in what type of job, position, and organizational culture they are likely to feel most satisfied
• Cognitive ability – a measure of candidates’ ability to think tactically and strategically

When personality assessments are at the center of a high-potential program, organizations have an empirical basis for identifying, selecting, and developing the next generation of leaders.

To learn more about how personality assessment can be used to identify, develop, and retain future leaders, download our complimentary white paper, From Potential to Performance.

In his recent Wall Street Journal article, “Software Raises Bar for Hiring,” David Wessel raises some interesting talent acquisition questions: As candidate pools have grown exponentially in the struggling economy and screening processes have become more efficient and cost-effective through the use of various software solutions, have organizations become overly stringent in their job requirements? Are employers cutting training programs, and therefore costs, based on the idea that they will be able to find someone in the vast pool of available workers who have the skills they require?

It seems that many organizations make the mistake of setting forth myriad requirements in their job requisitions, which are then programmed into software solutions used to screen out candidates early in the selection process. As a result the organization fails to find anyone for the job. At the same time, unemployed workers apply to positions for which they believe they are well qualified only to find themselves dropped from the selection process based solely on an initial application or resume submission. In the end frustration abounds – organizations are frustrated by the lack of “qualified” talent, and job seekers are frustrated by organizations that eliminate them from the selection process based solely on an initial screen.

Individual organizations can take steps to increase the likelihood of finding the right person for the job, regardless of what that job might be.

1. Carefully define job requirements

If your organization is struggling to find qualified candidates, make sure you are evaluating the must-haves that an individual needs to be successful in the job. You might find that you have been focusing on nice-to-haves (additional years of experience, advanced degrees for jobs that don’t require them) that do not truly differentiate high and low performance on the job. 

2. Focus on competencies, not experience

It is also important to consider what the employee needs day one on the job. Instead of looking for someone who has performed the exact same type of work before, focus on finding a candidate with the core competencies (knowledge, skills, abilities, and traits) required to be successful and supplement that talent with organization or job-specific training and education.

3. Take a whole employee life cycle approach

Organizations would also be wise to take a whole employee life cycle approach that includes recruitment, selection, development and retention. In some fields, such as engineering and IT, numerous opportunities are available to experienced workers, and organizations may find it hard to hold onto strong talent. When recruiting and hiring employees, ensure that the candidates you select are a good fit not just for a particular job, but also for your overall culture and work environment. Once employees are on the job, take steps to contribute to their professional development and keep them engaged. Depending on your structure this may include identifying high potentials to include in succession planning efforts, but don’t overlook middle-of-the-road performers who are your organization’s backbone – make sure they have opportunities to grow and develop their skills.  

Talent acquisition and management are complex processes, but careful planning at each step will help your organization hire and retain the right talent. Using selection techniques that identify candidates with the potential for success and focusing on onboarding, development, and engagement post-hire will go a long way towards ending employers’ and job seekers’ frustration.

Like many people, my coworker is afraid of flying. We encourage him to take sleeping pills and try to distract him with entertaining stories during takeoff, but despite our best efforts, he usually remains anxious throughout the flight.

Because of his fear, my coworker is drawn to news stories about plane crashes and equipment malfunctions, and shares them with us as proof that his fear is legitimate. And there have been many headlines about pilot error leading to tragedy; in early 2009, a commuter plane crashed into a New York house after the pilots were mindlessly chatting and then panicked when they realized the aircraft was in trouble. More recently, a Russian passenger airplane missed the runway and crashed because the navigator was drunk.

Given all of the doom and gloom in the headlines, it’s refreshing to hear about pilots who do things right. For example, in 2009, US Airways flight 1549 famously crash-landed into the Hudson River after striking a flock of geese during takeoff. The pilot, Chesley “Sully” Sullenberger, was described as “cool, calm and collected” as he maneuvered the plane into a safe landing position. Because of Sully’s focus and composure, a tragic accident was averted and all 155 people onboard survived.

Earlier this month, pilot Tadeusz Wrona safely crash-landed a passenger plane in Warsaw’s main airport after the landing gear failed to deploy. Luckily, all 230 passengers and crew members survived the belly-landing. Wrona and his crew remained vigilant and focused during the flight, immediately taking notice when the landing gear failed to open on the second attempt. After identifying the problem, the crew began to review belly-landing training guidelines while flight attendants explained emergency landing procedures to passengers. The flight crew remained calm and steady during the perilous situation, preventing hysteria from breaking out in the cabin.

When reading news stories like these, you realize the importance of the pilot’s training, skills, and personality when you board any airplane. From unsuccessful crash-landings to heroic ones, pilots’ behavior greatly affects passengers, crew members, the airline industry, and the general public (not to mention my co-worker). As such, organizations must take great care when hiring for jobs like pilots where the consequences of an unsafe decision can mean life or death.