Wednesday, March 14, 2018

How High Potentials Get Themselves Fired

Perhaps you have highly sought after technical skills, or you're known for having such a creative mind that companies believe you can help propel their brands to new heights.

The world is yours, right? You have so many calls from recruiters that you've lost count.

Unfortunately, even though a company should reap the rewards of hiring people like you, some of them will find out that it was a bad idea.

A new study from VitalSmarts of 1,000 managers and employees finds that 88% of managers have at least one "high-potential" (HIPO) worker who doesn't live up to the moniker. Colleagues are even more fed up poor HIPOs, with 96% reporting they have at least one teammate who can't manage to regularly hit performance standards.

What gives? It seems that the sub-par HIPOs have certain traits in common: an inability to stay focused on the right priorities; failure to communicate or avoid surprises in their work day or responsibilities; and not meeting deadlines.

Those surveyed report they believe HIPOs get overwhelmed, trying to do so much that they soon fall behind. Or, they get mired in busywork instead of focusing on more meaningful tasks. In addition, they can be rich in technical skills but absolute crap at organizing their work and setting priority.

While HIPOs may believe that a company would never in a million years let them go (after all, they are high performers) that may be a fantasy. Specifically, 48% of manager report that such performance gaps cost organizations more than $25,000 per low-performing HIPO.

The bottom line is that no HIPO should believe he or she is invincible. More companies are getting adept at using data to track employee performance, and if you're an unorganized HIPO who can't seem to get key tasks done, then you could be vulnerable.

Here are some things to do if you believe you may be a HIPO in trouble:

1. Meet with your manager. Get clear on what goals he or she deems are the most important in the short term and the long term. These are critical. Also determine if you're communicating effectively, and what you can change or improve.

2. Set up a system. Just because you're an IT whiz doesn't mean that downloading the latest app will keep you organized and focused. I have known some truly brilliant people who still use a day planner. Figure out what works for you and don't worry what anyone else thinks. You want to spend  more time focusing on critical tasks, not wasting time with six different organizational systems.

3. Set aside thinking time. You can do this while commuting every day or or taking your dog for a walk. Turn away from any kind of screen and simply let your mind be at rest and wander where it wants. I've come up with some of my best ideas while doing the dishes or drying my hair. HIPOs are expected to not only meet short-term goals, but to develop innovative ideas.

Finally, never get too comfortable in any job. Remember that you're always being assessed, no matter your skill set or how you performed in your last job. If you take the attitude of always seeking improvement, then that's good for your employer -- and your career.

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