Midsized companies on a fast-track to growth have figured out that high-potential employees are the premium fuel that will get them there.
They devote a great deal of time and money to professional development to cultivate those employees. High potentials are people who are ready, willing, and able to take on more duties. They’re eager to do what it takes to move up in the organization.
Companies typically don’t begin to get their arms around skills development until their revenue is close to $200 million. Leaders of companies smaller than that generally feel they’re too busy to make professional development a priority.
The result is employees who are stuck. Their skills get stale, and pretty soon they don’t have what it takes to continue working in their growing, increasingly complex organization.
Systematically helping high-potential employees earn promotions and increase their responsibilities fuels growth. It’s also relatively less expensive and less risky than hiring from the outside.
In this webinar, we explore the tactics midsized companies employ to develop high-potential employees.
You will learn:
• How to identify what assets are worth protecting.
• Easy, low-cost steps you can take to provide some protection.
• What your options are when you find that infringer—ranging from cost effective saber-rattling to filing suit—and how to make that important decision.
• Why such decisions are business decisions, not just legal decisions.
Upcoming
Webinar: 9 Drivers That Propel Growth for Midsized Companies - April 18, 2023
Most midsized companies need to grow to stay healthy. The status quo is never a friend to the midsized business, as it may sometimes be to the neighborhood mom-and-pop or to the global Fortune 500 behemoth.
After all, many small businesses just strive to stay alive to pay a salary to the owner and a few helpers. Massive global companies have access to public markets and the momentum to carry them onward for years. But many midsized company owners and CEOs aspire to grow their businesses to the next level.
Growth need not happen quickly, but its pace shouldn’t be glacial. The big question for most midsized company leaders is what they should do differently to achieve their growth goals, whatever they may be.
This webinar identifies 9 drivers of growth that, if done well, will drive a midsized company’s growth. These practices are the sometimes-overlooked practices that the best-managed midsized companies use to propel growth.
You will learn:
- Understand how midsized companies must be managed differently from small businesses or corporate behemoths.
- Learn about the 9 growth drivers and the key concept behind each.
- Hear case studies on how other midsized companies implemented each growth driver.
- Hear the critical questions that will help you find the right growth driver to focus on for your company.
Webinar: The Five Behaviors of a Cohesive Team - May 17, 2023
The single most untapped competitive advantage is teamwork. Patrick Lencioni’s bestselling book, The Five Dysfunctions of a Team, highlights five critical areas that lead to a high-performing team: Trust, Conflict, Commitment, Accountability and Results.
In this webinar, Megan Patton will discuss these five areas, and how they help leaders discover what it takes to build a powerhouse team.
