Larry Hochman
The War for Talent
Part 1
Posted on October 23, 2007 - Filed Under Innovative marketing strategies, CSA - Celebrity Speakers, Expert Interviews |
Welcome to the Intellecta Srl Innovation marketing blog! If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting! To your innovative marketing success!
by Larry Hochman
The single most important battle to be fought today in the running of any enterprise is indeed “The War for Talent”. Do you often enough summon up the courage to consider the following questions: Are we a magnet for talent? Are the right people, in sufficient numbers, constantly knocking on our door? Are we not only attracting the right people, but are we also retaining the right people for the right reasons and for the right length of time? My belief is that there is never a shortage of talent; there is only a shortage of great companies that the best people want to work for. Are you one of those companies?
New wealth, and therefore future value, will come from the innovative and creative thinking of your most talented people, not from wringing the last bit of efficiency out of the old ways of doing things. You must be free of denial, nostalgia and arrogance to truly understand this. It might be interesting for all of you to weigh the amount of time and energy and focus you put into capital allocation, versus the amount of time and energy and focus you put into talent allocation. If the leaders in your business were asked to rate the three biggest challenges of the next decade, where would they rate “The War for Talent”? Would it even be on their list? If not, they (and you by association) are ten years behind where they should be. Hope is not a strategy. What plans, actions and processes are you undertaking to make your business truly competitive in the future, linked to the talent you must attract and retain?
Once you have been able to attract the kind of talented people you’ll need to guarantee future success, do you in fact have the corresponding culture and values that will allow them to realize their full potential? Talent only soars when you set it free. Bringing talented people into a company that is old-fashioned and too bureaucratic, that is still operating as a command and control structure, will be a recipe for disaster. Perhaps the most important internal measurement you can now take, is trying to honestly determine if your best people have total freedom to make their very best contribution. Do not guess. You must ask them, and then be willing to confront the issues accordingly. Otherwise, you will simply lose these people, and your investment in time and money in attracting them in the first place, will prove to have been a total waste.
Book Larry Hochman to speak at your corporate event:
If you would like to book Larry Hochman to speak at your corporate event on the HR topic of the War for talent, please fill in the enquiry form here.
Technorati Tags: larry hochman, war for talent, talent, magnet for talent, attract the right people, future value, innovative thinking, creative thinking, talented people, efficiency, book larry hochman
Comments
Leave a Reply
