Please provide a 250 word response to the below question using at least 1 cited article or journal and please reference in APA 6th edition format. Reference needs to be within response and at the end.
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Although high-potential and executive assessment has been a popular topic in practice for decades, the primary emphasis in the literature has been on the development and use of specific tools and interventions. As a result, when organizations seek guidance on the practice of assessment in corporations, Industrial-Organizational psychology (I-O) practitioners, and consulting psychologists have limited information available with which to compare. Moreover, industry reports often stand for a specific tool, technique, or point of view. There are few empirical perspectives on the current practice of assessment in corporations and even fewer that focus specifically on high-potentials and senior executives. A survey was designed to provide insights and visibility to talent assessment efforts in large organizations with strong talent management and leadership development functions. Specifically, the results focus on the use of formal assessments with high-potentials and senior executives, including the purpose of the assessments, the application of various methodologies, a discussion of scope and ownership models, and the type of resources used to support such efforts. The article concludes with summary observations and implications for internal and external I-O, talent management and consulting practice. However, despite the increasing emphasis on senior leader assessments, a review of the mainstream talent management books (e.g., Boudreau & Ramstad, 2007; Cappelli, 2008; Effron & Ort, 2010) show that while most authors mention the importance of assessment as part of a broader strategic talent management process, few give detailed guidance in this area. Instead, practitioners are directed to more targeted professional publications, many of which have been published in conjunction with the Society for I-O Psychology (e.g., Groth–Marnat, 2009; Jeanneret & Silzer, 1998; Scott & Reynolds, 2010; Silzer & Dowell, 2010; Stamoulis, 2009). A standard online survey method can be used to gather the data. The questionnaire can be short and consisted of five core items, some with subparts, and that included open-ended write-in question.