How should I use potential assessments?
These assessments are process driven to allow for additional flexibility and capture five values:
- Potential
- Retention (risk)
- Loss impact
- Achievable level
- Nominations
They can be assessed on an ad-hoc basis (either on an individual employee or on a supervisory organization), with the section included on a talent review template or the task included as part of the performance or development process.
What about talent reviews?
They are primarily used by HR to push an event out to employees and managers asking them to update their talent information. Try to think of this process as updating an internal resume. Similar to performance reviews, talent reviews can be distributed to each worker individually or mass launched for the entire organization.
What are talent calibrations?
Similar to performance calibrations, they use interactive plotting based on any two custom ratings (i.e. performance and potential) on the talent matrix. They are also a forward-looking event that is used to ensure performance and potential are assessed consistently across your organization. While commonly thought of as a true talent review, try not to confuse it with the talent review template.