Promotable-High Potential-Close watch
Candidates in the Talent Development Program can be classified into three categories based upon their status of readiness. These categories are called: Promotable, High-Potential and Close Watch. The promotables and high-potentials are the succession pipeline available to the organization at any given moment.
These are various categories of candidates in the Talent Development Program which are classified based on their readiness-level for the next role. A promotable employee is the one who can be promoted immediately or as and when the need arises and whose readiness period is minimal. He/she is an employee who has acquired the requisite expertise and imbibed the leadership competencies through the learning & development program and the talent development program to the extent that the organization is satisfied of his/her performance potential. A high-potential employee is the one who is clearly demonstrating the potential and requisite competencies to perform effectively in the concerned role but who is not quite ready yet. In other words, such an employee can also be called ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬Ãƒâ€¹Ã…â€œwork-in-progressÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢ and is expected to be ready to assume the new role in the very near future. A close-watch employee is the one who has displayed strands of improvement and potential to develop, and yet a period of close observation is necessary to ascertain his/her potential to decide upon the question of whether or not to invest further in his/her learning and development. HR must co-ordinate with the senior reporting managers of the concerned employees to get an accurate view about the levels of performance excellence and execution effectiveness of the employee.