An Empirical Study on challenges faced by the organization in identification and development of high Potentials in Banking industry in Tamilnadu

Author(s) Name:

Dr.P.T.Vijaya Rajakumar ¹ and Muthu Rani K²

¹ Professor & Director, Department of Management Studies, Nehru Institute of Engineering & Technology, Coimbatore

² Muthu Rani K, Research Scholar, Bharathiar University, Coimbatore

Abstract:

           A high-potential employee has the uncanny ability to learn how to deal effectively with first-time, or changing situations, applying new and prior learning to each new challenge. All high potential programs start with identifying the right employees for development. The high rates of dissatisfaction that exist within the ranks of high potentials are primarily due to a lack of transparency in the selection process, which can lead high potential identification to be perceived as biased. Companies need to understand the purpose of, and need for, high potential development programs within their organizations and align them with their overarching business strategy, rather than creating development programs for the sake of development. there are many challenges faced by the banking industry in identification and development of high potentials. This paper analyses the challenges and ranks the factors based on their intensity.

Key words: High Potential, Identification, Development,Challenges

Please cite this article as:

Dr.P.T.Vijaya Rajakumar and Muthu Rani K (2019)  An Empirical Study on challenges faced by the organization in identification and development of high Potentials in Banking industry in Tamilnadu. International Journal of Recent Research and Applied Studies, 6- 10(4), 31-35