The keys to maximizing the
value of your company are the people inside.
One of the sole
competitive advantages your business has is the people you hire to carry out
your mission. Running a company effectively now and in the future is directly
related to your ability to choose the right people for the right roles and
retain them for the right period of time. Your ability to stay in the marketplace
and stay on top hinges on how well you maximize the returns on your people
investments, leverage the strengths of your mission-critical players, key
contributors and next-level leaders, and have them stay actively engaged and
effective.
The impetus for this
talent “shortage” is that there will be fewer knowledge workers available and
interested in full-time gigs. It is a simple supply-and-demand problem, but the
global marketplace, a weak and corrupt education system, and technology make
the problem worse for the small to midsized companies competing for the best
talent.
Given the shifting
demographics facing us, companies committed to winning the war for talent not
only have to create an environment that fosters growth, development and
challenge, but also need to implement systems and operating practices that
maximize their ability to attract and retain the best. This behavioral and
corporate transformation is referred to as adopting a talent mindset.
This
shift in mindset empowers business leaders of progressive organizations to
maximize the talent of their people. When they leverage their people’s
strengths and fully engage their work-teams, they capitalize on the brainpower
of their workforce while innovating faster, competing harder and achieving
their corporate objectives sooner.