Which term describes the development of employees identified as having high potential?

The term that best describes the development of employees identified as having high potential is succession planning. This concept focuses on identifying, developing, and preparing individuals who have the potential to fill key positions in the organization. Succession planning is not just about replacing positions when they become vacant but involves actively nurturing and mentoring these high-potential employees to ensure they are ready to step into more significant roles when needed.

Succession planning helps organizations maintain continuity and stability during transitions by ensuring that there is a well-prepared pool of talent. This process includes training, skill development, and providing specific experiences that these high-potential employees may need to succeed in future leadership roles. This proactive approach helps mitigate the risks associated with sudden departures of key personnel and aligns with the long-term strategic goals of the organization.