Effective talent management processes balance internal talent development with the introduction of new talent into an organization. The blend of existing high-potential talent and the qualities and experiences fresh high-potential talent can infuse into your culture is what enables innovation.

Leadership guru, Louis Carter’s recent article on Human Resources Online, 5 Dos and Don’ts of Talent Development, highlights five ways to effectively recruit and develop high-potential talent. From developing a common language to discuss potential through allowing process ownership, these five suggestions combined with five tendencies to avoid, remind us all of the importance in balancing tradition with innovation.

What are some ways your organization strikes the balance between tradition and innovation in your high-potential talent management processes?