HCM GROUP

HCM Group 

HCM Group 

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07 May 2025

How to Match HiPos with Stretch Assignments and Strategic Projects

An Executive HR Guide to Maximizing High-Potential Employee Development through Strategic Challenges

 

Introduction: The Importance of Stretch Assignments in HiPo Development

For high-potential employees (HiPos), growth comes not only from learning through formal education and mentorship but from being given the opportunity to tackle complex challenges in real-world situations. Stretch assignments and strategic projects serve as key mechanisms for accelerating development, pushing HiPos out of their comfort zones, and preparing them for leadership roles. These assignments enable HiPos to develop new skills, sharpen existing ones, and gain insights that might otherwise take years to acquire.

This guide will help HR leaders and talent management professionals strategically match HiPos with stretch assignments and high-impact projects, ensuring that these opportunities are aligned with both the individual's growth needs and the broader organizational goals.

 

Step 1: Understand the Value of Stretch Assignments

Stretch assignments are projects or roles that require individuals to perform tasks beyond their current level of expertise, often with a higher level of complexity, risk, or responsibility than they are accustomed to. These assignments are designed to accelerate learning by exposing employees to unfamiliar challenges, providing them with opportunities for leadership, problem-solving, and decision-making.

 

Benefits of Stretch Assignments for HiPos:

  • Develop Leadership Competencies: HiPos sharpen critical leadership skills such as strategic thinking, change management, and conflict resolution through hands-on experience.
  • Enhance Problem-Solving Abilities: They face and resolve complex, high-stakes problems, honing their problem-solving skills in a dynamic environment.
  • Build Cross-Functional Expertise: HiPos often gain exposure to different parts of the business, developing a broader understanding of how various functions and processes work together.
  • Foster Agility and Resilience: Stretch assignments teach adaptability and resilience as HiPos navigate new challenges and overcome obstacles.

 

Practical Example:

A global software company might assign a HiPo from marketing to lead a cross-functional team tasked with launching a new product. The HiPo will need to collaborate with product development, sales, and operations teams, gaining a holistic view of product launch processes while managing the pressure of a high-profile project. This type of assignment develops the HiPo's leadership, communication, and project management skills.

 

Step 2: Identify the Right HiPos for Stretch Assignments

Matching the right HiPo to the right challenge requires a deep understanding of their capabilities, aspirations, and developmental needs. Not all HiPos will be ready for the same level of responsibility or type of challenge. As an HR leader, it’s important to evaluate their current performance, potential for growth, and the competencies they need to develop.

 

Criteria for Selecting HiPos for Stretch Assignments:

  • Demonstrated Performance: Look for HiPos who consistently excel in their current roles, meeting or exceeding performance expectations.
  • Readiness for Growth: Identify those who show a desire for additional responsibility and have a growth mindset. They should be open to feedback and eager to learn.
  • Competency Gaps: Match the assignment to areas where the HiPo has room for growth. For example, a HiPo with strong technical skills but limited exposure to leadership could be given a project with managerial responsibilities.
  • Leadership Potential: Choose HiPos who demonstrate the ability to lead others, even in small ways, such as guiding a team or driving results through influence.

 

Practical Example:

At an international retail organization, a HiPo in operations management might be performing well in their current role but lacks exposure to strategic decision-making. They might be selected to lead a project team responsible for implementing a new sustainability initiative. This assignment aligns with their growth need for broader strategic thinking and leadership in a cross-functional setting.

 

Step 3: Align Stretch Assignments with Organizational Strategy

Stretch assignments should not only focus on developing the HiPo but should also drive strategic value for the organization. By aligning these assignments with the company’s key initiatives or challenges, HR leaders can ensure that both the individual’s development and the organization’s objectives are met.

 

Aligning HiPo Development with Organizational Needs:

  1. Understand Business Priorities: Work closely with senior leadership to understand the company’s strategic priorities—whether it's digital transformation, global expansion, or customer experience innovation.
  2. Identify Key Projects: Identify high-visibility projects that align with the organization’s goals and offer significant learning opportunities for HiPos.
  3. Integrate Leadership Development with Business Outcomes: Ensure that the projects HiPos are involved in contribute to achieving critical business outcomes, such as increased profitability, operational efficiency, or market share growth.

 

Practical Example:

In a pharmaceutical company, a HiPo in R&D might be tasked with leading a project on the development of a new drug to address an emerging market need. This stretch assignment is not only critical to the company's strategic goal of expanding its product line but also provides the HiPo with exposure to the entire product development lifecycle, from research to marketing.

 

Step 4: Design the Stretch Assignment for Maximum Impact

Once a HiPo is selected for a stretch assignment, the assignment should be designed in a way that maximizes learning and development while ensuring successful execution. Clear expectations, support structures, and performance metrics are crucial to making the experience both impactful and successful.

 

Key Design Elements for Successful Stretch Assignments:

  • Clear Objectives and KPIs: Define the goals of the assignment clearly. What are the expected outcomes? What does success look like for both the individual and the organization?
  • Support and Resources: Provide HiPos with the necessary support, whether it’s through mentoring, training, or access to subject-matter experts. Ensure that they have the resources needed to succeed.
  • Ownership and Accountability: Give HiPos the autonomy to make decisions and drive the project forward, while holding them accountable for the results.
  • Regular Check-Ins and Feedback: Implement regular check-ins between the HiPo and their manager or mentor to provide feedback, address challenges, and ensure alignment with development goals.

 

Practical Example:

At a financial services firm, a HiPo from the risk management department is given a stretch assignment to lead a project focused on improving risk assessment models. Clear KPIs are set, such as reducing risk exposure by 15% in the next fiscal year. The HiPo is provided with support from the analytics team and receives monthly check-ins with a senior executive who acts as a mentor, providing guidance on navigating complex regulatory environments.

 

Step 5: Evaluate and Reflect on the Assignment's Impact

Once the stretch assignment is complete, it's essential to evaluate both the individual’s growth and the business outcomes. This reflection process allows HR leaders to gauge the effectiveness of the assignment and determine the next steps for further development.

 

Evaluation Steps:

  1. Performance Review: Conduct a formal performance review to assess the HiPo's success in achieving the assignment's objectives and meeting the desired outcomes.
  2. Feedback from Stakeholders: Gather feedback from key stakeholders involved in the project, including team members, senior leaders, and peers, to get a holistic view of the HiPo's performance.
  3. Reflect on Learning and Development: Encourage the HiPo to reflect on what they’ve learned from the assignment, the challenges they faced, and the skills they developed. Identify areas for further growth.
  4. Determine Future Roles: Based on the success of the stretch assignment, consider the HiPo’s readiness for future leadership roles or new challenges.

 

Practical Example:

After completing a stretch assignment in project management, a HiPo at a technology firm receives feedback from cross-functional team members about their excellent leadership skills and ability to handle ambiguity. This positive feedback leads to the HiPo being considered for a senior role in the global expansion team, where they can continue to apply and build upon their project management skills in a larger, more complex context.

 

Step 6: Ensure Continuous Development and Next Steps

The journey doesn’t end after one stretch assignment. HR leaders must ensure that HiPos continue to receive opportunities for growth and development, progressing toward their next leadership challenge. This can involve continuous learning, new stretch assignments, and leadership roles that build on the experience gained.

 

Next Steps for Continued Development:

  • Ongoing Mentorship and Coaching: After completing a stretch assignment, continue providing HiPos with opportunities for coaching and mentorship to reinforce learning and help them transition to future roles.
  • New Challenges: Assign additional stretch assignments or new leadership roles that build on previous experiences and competencies.
  • Career Pathing: Integrate the insights gained from the stretch assignment into the HiPo’s personalized career development plan, ensuring a clear trajectory toward leadership.

 

Practical Example:

After completing several high-impact assignments, a HiPo at an e-commerce company is fast-tracked into a leadership development program, with the goal of becoming a regional director. Their stretch assignments serve as the foundation for their ongoing leadership journey, providing real-world experience that makes them an ideal candidate for future roles.

 

Conclusion: Strategic Matching for Long-Term Leadership Success

Effectively matching HiPos with stretch assignments and strategic projects is a key component of developing future leaders. By providing HiPos with meaningful challenges that align with both their developmental needs and organizational priorities, HR leaders can accelerate their growth and contribute to the long-term success of the business.

Through thoughtful selection, clear objectives, and ongoing support, stretch assignments can become transformative experiences that prepare HiPos for leadership roles and drive business outcomes. By continually evaluating progress and ensuring that HiPos are supported in their development, organizations can build a strong, dynamic leadership pipeline that is ready to tackle future challenges.

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