How do you groom a high-potential employee? originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights.

Answer by Brett Fox, CEO, hi-tech entrepreneur, coach, and author, on Quora:

Many people mistakenly think great management is about whipping a team of misfits into shape. It isn't.

Great management is about recruiting great people and helping them succeed.

When you have a great team, then you have a team of high-potential employees.

You should have a singular goal as a leader: make yourself expendable. In other words, how well does the organization function if you are not around? The answer should be perfectly.

Why would you want to do such a crazy thing, you ask? Easy. The more your employees can do, the more you can accomplish at a higher level.

So the answer is keep giving your high-potential employees more and more responsibility. Now, there are some tricks to make sure this goes well:

  1. Push responsibility down in your organization. In other words, force more and more of the decisions as close to the line as you can.
  2. Regularly check with your reports on how things are going and course-correct. Here's the subtle bit. You have to let your employees learn from their mistakes, but they can't fail so badly that they hurt the company long-term. Think of this like braking while driving a car. Brake too hard and the ride isn't pleasant. Don't brake at all and you crash. Brake (manage) just right and you have a smooth ride.
  3. Be consistent. In other words, keep delegating and keep coaching. Your team will be motivated beyond belief.
  4. Give your team all the credit. A quick way to blow it is taking credit for your team's work. Don't do it! You will get credit enough while giving all the credit to your team.
  5. Take the blame for everything that goes wrong. That's what great leaders do. You will give your team cover and you will build tremendous loyalty.

Long term you will have a great team of high achievers that will help you run the business and succeed.

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