Yes, there are 7 principles and they are:

  1. Clear purpose: Be clear about the reason for and benefit you want to get from the talent pool.
  2. Commitment of senior team: Get the buy-in of senior managers to develop a ‘leadership culture’ in the business and a strong leadership pipeline at all levels of the organisation.
  3. Real leadership and development needs: Understand the essence of ‘authentic leadership’ through formal ongoing leadership development learning, and then identify key leadership development needs and priorities versus the ‘wants’.
  4. Map out the whole process: Develop a practical, broad-ranging experiential learning program, together with experience ‘leading’ a functional team at a senior level.
  5. Delegate key responsibilities to participants: Ensure they know they must take control of their career development as if it is their own ‘strategic plan’. 
  6. Measure progress: Evaluate both performance (what is being achieved) and competencies (how it is being achieved).
  7. Support with the right people: Involve organisational executives so they interact periodically with the talent pool face-to-face and share leadership experiences, and an executive leadership development coach to provide a critical objective perspective.

Which do you need to work on more in your organisation?