What is 9 box performance and potential matrix?
The 9 box grid is used to evaluate a company’s talent pool on their potential and performance. The vertical axis indicates potential and the horizontal axis performance. The higher the boxes, the more potential for growth and the farther right the boxes go, the best performance reviews.
What does potential mean in 9 box?
Potential is defined by how much the employee is expected to grow, their willingness to learn, and their ability to apply their knowledge to on-the-job behaviors.
What does the 9 Box matrix measure?
The 9-box talent review grid is a popular HR tool used to measure employee performance and to identify employees with leadership potential. Created by McKinsey in 1970, 9-box talent assessment was used by GE to identify key investments and to compare various business units.
What is performance potential matrix?
The performance and potential matrix, commonly referred to as “the nine box”, is a simple yet effective tool used to assess talent in organizations. It assesses individuals on two dimensions:- Their past performance. Their future potential.
What is the difference between performance and potential?
Potential vs performance is a concept used in employee development to differentiate between the oft confusing concepts of performance and potential. While performance refers to consistent results an employee exhibits in their current role, potential predicts the likelihood of future success.
What is McKinsey 9 box talent matrix?
What is the 9 box talent matrix. Created in the 1970s by McKinsey, the 9 box talent matrix is a standard talent management tool in which employees are divided into nine groups, based on their performance and potential.
What is high potential and low performance?
High Potential, Low Performance These individuals are exceeding expectations along Potential but failing along Performance. They are the Problem Children who are high potentials (“hi-po’s”) but who aren’t performing up to standard.
How do you evaluate a potential employee?
One of the best ways to assess employees for high potential is through the use of personality profiling assessments. These are used by employers to help identify individuals with the character traits needed for a particular job role and determine whether they are likely to excel within that role.
What is the nine box matrix and how is it best used?
The 9-Box Grid & the Performance Values Matrix A ‘nine-box grid’ is a matrix tool that is used to evaluate and plot a company’s talent pool based on two factors, which most commonly are performance and potential. Typically on the horizontal axis is ‘performance’ measured by performance reviews.
What is the nine box model?
The 9-box model, also known as the 9-box grid, is a tool used to analyze, display, and compare employee work performance and potential. This user-friendly performance map is a talent management tool that helps HR and managers effectively identify leaders and strategically prepare employees for future roles.
Is performance more important than potential?
high performer employees can make a huge difference to your bottom line. A high potential employee provides nearly double the value to an organization, and they’re three times more likely to be successful leaders in the future, according to Gartner research (available to members only).
What is the difference between performance and potential appraisal?
Performance appraisal system establishes the link between an organization and the employees’ personal career goals. Potential appraisal helps to identify the hidden talents and potential of the individuals.