The world of business is constantly changing, and the definition of a great leader has evolved, continuing to do so even as we speak. The future-ready leaders and managers may not be the same as your current leadership, making it important for organizations to have an accurate preview of who their future leaders are going to be.
This is where high-potential assessments come in!
High potential (HiPo) assessment refers to the use of strategic tools specifically designed to identify and assess candidates and existing employees, with the parameters being exceptional talent and capacity to thrive, grow, and succeed far beyond their current job roles. These assessments help identify a combination of soft skills and hard competencies that are essential to an organization’s long-term success.
In this post, we will explore and outline ten such high-potential assessment tools to help you pick the right one and strengthen your hiring function.
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Top 10 High Potential Assessment Tools for Employees
By evaluating and assessing a broad spectrum of competencies, high-potential assessments ensure that future leaders are ready to take your organization to greater heights.
Here is a comprehensive list of top high-potential assessment tools with their features, ratings, and pricing.
1. iMocha
iMocha is an AI powered skills intelligence and skills assessment platform that helps organizations become more skills-focused. The platform offers a wide range of in-built assessments covering areas such as modern technologies, database skills, coding proficiency, and more.
Among the key features of iMocha are:
- Comprehensive Skill Assessment: The tool offers a vast library of skills assessments covering technical, behavioral, and cognitive abilities.
- Skill Gap Analysis: iMocha helps you identify skill gaps in high-potential employees, thus allowing your organization to create targeted development plans.
- Talent Benchmarking: The tool allows organizations to benchmark employee performance against industry standards, helping identify top performers.
- Skills Inventory: The platform offers deep insights into an organization’s existing workforce skills, allowing businesses to anticipate future skill needs.
G2 Rating: 4.7/5 (252 reviews)
Pricing: iMocha offers two plans, Professional and Enterprise. You can contact the company directly for pricing.
2. Mettl
Mettl is another high potential assessment platform founded in 2010. It enables companies and educational institutions to conduct surveys, online exams, virtual assessments, and more for a better streamlined hiring process.
Among the key features of Mettl are:
- Variety of Assessments: Mettl offers a variety of online psychometric tests designed by subject matter experts in the field.
- 360-Degree Feedback Tool: Offers a holistic understanding of employees by undertaking 360-degree feedback.
- AI Proctoring: The tool comes with robust online examination solutions and coding assessments with AI proctoring features.
G2 Rating: 4.4/ 5 (505 reviews)
Pricing: Available on request
3. SHL
When it comes to high potential assessment tool, SHL (Saville Assessment) is one that specializes in psychometric testing and other assessment solutions. The platform was founded in 2014 and offers a range of assessment tools and other services to help companies identify and develop talent.
Among the key features of SHL are:
- Talent Identification: SHL helps organizations identify top talent efficiently by evaluating candidates' potential, abilities, and fit for specific roles for accurate hiring decisions.
- Data-Driven Decision-Making: The platform offers data-driven insights and analytics, thus enabling organizations to make informed decisions in terms of hiring, skills development, and succession planning.
- Leadership Development: The assessments offered by SHL identify leadership potential and key areas for development, thus allowing organizations to nurture leadership talent within their ranks.
G2 Rating: 4.5/5 (2 reviews)
Pricing: Available on request
4. Cappfinity
Founded in 2005, Cappfinity is widely utlized by leading employers to assess verbal, numerical, and critical reasoning abilities of potential candidates. The tool can also be used to assess the ability of candidates when it comes to demonstrating good judgment in work-related scenarios.
Among key features of Cappfinity are:
- Customizable Tool: Cappfinity is a customizable online tool and portal that can offer both critical communication and development offerings.
- Holistic Approach: The platform employs a holistic approach, and helps you measure both capability and engagement for a comprehensive view of an applicant’s abilities and commitment.
- Cognitive Skills Assessment: The tool works on assessing the cognitive potential of candidates including their verbal, numerical reasoning, and problem-solving skills through thought-provoking exercises tailored to the workplace.
G2 Rating: NA
Pricing: Cappfinity offers four different pricing plans including Free, PPay-as-you-go Scale, and Business. All the plans are billed annually.
5. PCI
Offering talent assessment services since 1957, PCI (Payment Card Industry) offers an excellent high potential assessment tool to facilitate objective, unbiased evaluation that drives advancement and accelerates growth in the workforce.
Among the key highlights of PCI are:
- Psychometric Tools: PCI offers reliable psychometric tools to measure personality, career derailers, problem-solving/critical thinking, and leadership style preferences.
- Data Interpretation: The tool gives you the expertise of psychologists to review the psychometric data and interview notes to ensure objectivity and reliability.
- Structured Phone Interview: With PCI, you get to take detailed phone interviews where the questions are designed to understand how self-aware the candidate is and how eager they are to learn and grow.
G2 Rating: NA
Pricing: Available on request
6. PMaps
PMaps came into existence in 2011, offering a comprehensive and transformative assessment solution designed to address the most critical talent management needs. The tool allows for performing customizable talent assessments for hiring and development by measuring a range of high potential assessment skills.
Among the key features of Pmapstest are:
- Structure Interview Checklist: The tool offers you easy access to a behavioral interview checklist to make your high-potential assessments and interviews more structured and objective.
- Personalized Development Report: This allows for the generation of in-depth employee development reports to improve the workplace.
- Strength Finder: You can use the tool to know your employees' strengths and weaknesses to design personalized career pathways
G2 Rating: 5/5 (1 review)
Pricing: Available on request.
7. Jombay
Jombay, having started in 2010, offers high potential assessment software. It is primarily a leadership assessment tool based on assessing various critical behavioral pillars.
Among the key features of Jombay are:
- Excellent Set of Features: The tool allows for assessing various aspects, including an individual’s personality, behavior, and critical thinking, to assess a candidate's growth, leadership readiness, and overall potential.
- Assess Various Competencies: Jombay helps in assessing a range of high potential assessment competencies, including a candidate's leadership skills, collaboration skills, and people management skills.
G2 Rating: 4.5/5 (2 reviews)
Pricing: Available on request
8. Vayapath
Vayapath started in 1997 and offers scalable high potential assessment solutions, ranging from self-service resources to high touch executive coaching. Vayapath's main aim is to ensure that candidates have the right fit, and are selected without bias.
Among the key features of Vayapath are:
- Personalized Dashboard: The tool comes with a personalized dashboard with easy and anytime access to challenges, resources, and feedback.
- Trained Coaches: Offers an assigned coach to send weekly challenges and resources for targeted habits.
- Structured Calls: Comes with just-in-time coaching calls to discuss various practice opportunities and upcoming challenges.
G2 Rating: NA
Pricing: Available on request
9. Hogan Assessments
Hogan is a high potential talent assessment tool offers potential candidates a complete visual overview of their leadership competencies and potential for success as well. The tool works by empowering candidates such that they are able to cultivate strategic self-awareness as well as effectively managing their leadership potential.
Among the key features of Hogan Assessments are:
- Variety of Tests: There are various different tests in Hogan Assessment, including Hogan Personality Inventory (HPI), Hogan Development Survey (HDS), and Motives, Values, Preferences Inventory (MVPI) to assess high potential candidates.
- Easy to use Interface: The platform offers a clean and user-friendly interface with an excellent set of features.
G2 Rating: 4.3/5 (3 reviews)
Pricing: Custom pricing available on request.
10. Korn Ferry
Founded in 1969, Korn Ferry talent assessment tool provides a clear idea of the talent and the existing potential in an organization. The tool also uses deeper insights to develop a future-ready talent pipeline for long-term organizational success.
Among the key features of Korn Ferry are:
- Success Profile Feature: The tool helps determine talents in terms of the skills, mindset and behaviors for any given role. This helps in understanding the potential talent gap so as to come up with a strategy accordingly.
- Succession plan: The tool can be used to spot future leaders early on, fast-track their development and build a high-quality leadership team.
G2 Rating: 4.2/5 (29 reviews)
Pricing: Available on request
Conclusion
An increasing number of organizations today struggle with identifying a ready pool of high potential employees for leadership roles, lack of targeted development programs and also tracking the progress of high potential employees. This is primarily due to an inherent lack of the right tools.
Along those lines, high potential assessment tools address all these challenges. This is because they are meticulously crafted to identify the employees who possess the best qualities, skill sets, and drive to ascend into leadership roles.
iMocha offers specialized assessment tools and skill intelligence solutions focused on distinguishing those individuals who display exceptional performance in their existing roles. iMocha also helps spot individuals who possess the agility and potential to handle greater responsibilities and lead the organization.
Contact us today to know more.
FAQs
1. What are High Potential Assessment Tools?
Software platforms and/or tools created for the purpose of evaluating the qualifications, aptitudes, and general fit of talented candidates are known as high potential assessment tools. HR specialists and hiring managers use these tools to both hiring good candidates as well as for identifying high value existing employee for their retention.
2. Why are High Potential Assessment Tools important?
High potential assessment tools are important for identifying employees with higher aptitude by offering objective and reliable data on strengths and areas for improvement. These tools also help align the talent strategy with the respective business goals and develop personalized development plans for high potential employees.
3. What are the key competencies assessed in high-potential assessments?
Some of the key competencies assessed in high potential assessments are leadership qualities, decision-making prowess, strategic vision, agility, adaptability, and emotional intelligence.
