The document discusses a framework called the High-Potential Experience Cycle for identifying and developing high-potential leaders. It presents the cycle which consists of 5 steps that must be addressed from both the organization's perspective and the leader's perspective: 1) planning for the future, 2) identifying high potentials, 3) developing and preparing for future roles, 4) transitioning into new roles, and 5) managing the broader context. The cycle is meant to ensure alignment between the organization's needs and the leader's needs in order to maximize engagement, retention and the development of leadership talent.