Nothing is as important to your success as a leader as the talent you bring to bear in support of the work of your organization. Here are 8 ideas to stimulate your talent acquisition thinking and promote action:
There’s an interesting article in the May, 2014 issue of Harvard Business Review, entitled, “In Hiring, Algorithms Beat Instinct." According to the authors, we would be better served by letting algorithms do the heavy lifting before inserting our own bias-filled and easily distracted selves into the hiring equation. Provocative, yes, but I'm not convinced that it's time to defer judgment to a test instrument. Here's why...
It's been awhile since we've heard much about impending shortages of talent. My recent conversation with Francie Dalton, President and Founder of Dalton Alliances, Inc., served to remind us all once again, that talent is always an issue. And by the way, Francie makes an interesting case that the recently forgotten issue of talent shortages is a very real issue about to bite us where it hurts...in the bottom line.
Anyone involved in leadership and responsible for the development of leaders should read the recent BusinessWeek article, “Can GE Still Manage?” The article offers a fascinating look into GE’s traditional leadership and high-potential development practices, and raises an interesting question of whether these practices still hunt in a very different world than when they were conceived. While I'm not qualified to critique GE’s approach, the article certainly begs all of us to be thinking about or rethinking everything that we take for granted in how we find and cultivate talent and how we deploy our resources.
Experienced small business owners and managers understand the critical importance of making great hires. The right people propel your business and the wrong ones cost you precious time and money. The wrong hires ring up expensive opportunity costs by making less than optimal decisions, inappropriately leading or misleading your teams and not helping you create value and gain a competitive advantage. I spoke to a number of owners running visibly successful firms and asked for their insights on hiring talent on their teams. The roll-up of their advice is as follows...
Mix one part global economic crisis with ample quantities of uncertainty and ambiguity. Stir in two-parts ever-changing global competition and a dash of geopolitical instability and you’ll end up with something that looks and feels a lot like the world of today, complete with the mild aftertaste of fear. You’ll also end up with a remarkable living leadership laboratory, where the best leaders are rediscovering the importance of leadership blocking and tackling while simultaneously developing the new skills and approaches required in this complex environment.
Once again, Mom is proven right. You become the company that you keep. Surround yourself with intelligent, aggressive individuals comfortable in professionally articulating their perspectives and taking accountability for both their words and their actions, and you will flourish.
It is a time to adopt a philosophy that seeks to find opportunity in chaos. It is a time to carefully evaluate your strategies and check your assumptions. It is also a time to consider making some hard calls on your future.
wear my respect on my shirt-sleeve for the many dedicated Product Management professionals that hold down what I believe is one of the most difficult and one of the most critical roles in today’s fast moving technology and B2B organizations. I firmly believe that these talented and well-rounded business professionals are potentially some of the most valuable assets in an organization’s talent pool.
While not quick to throw stones as my own functional counterparts (sales and marketing) have plenty of their own challenges, it is time for HR to stand-up and be counted on as a key enabler of strategy. They can start by helping their firm institutionalize talent identification, recruitment, retention and development.
