3 Talent Management Consulting Tips to Keep Top Talent Performing

talent management consulting can help retain and grow your talent

Winning Talent Management Strategies
Talent management consulting experts know that winning talent management strategies are about more than just recruiting the top talent you need to thrive.

What to Do After the Candidate Accepts Your offer
While it is critical (and not easy) to attract and hire winning talent that fits with your unique culture, talent management consulting experiences tell us that the next steps of onboarding and assimilating new hires so new employees get involved quickly, feel productive and have a voice in planning their future with the company is even more important.

Unfortunately, too many organizations focus so much of their energy on competing for talent that they neglect to develop that talent once those new employees have been hired. What these companies don’t realize is that they have hired “A” players but are giving them only “D” level attention.

What Top Talent Craves
Top talent craves meaningful work, a high performance culture and a path upward that aligns with the overall company direction. If your talent feels unappreciated or under-valued, they will look elsewhere; you can ill afford to lose employees that matter. The current estimate on the cost for replacing an employee is approximately 1.3 times their salary. Are you ready to risk losing your top talent?

Three High Performance Talent Management Tips
Instead, here are three talent management consulting tips to keep top talent aboard and performing at their best:

#1.  Be strategic in the way you use talent
Based on your clear strategy for the business, both short- and long-term, place your talent where it will have the greatest positive impact. Match each high potential employee’s background, skills and inner-personal qualities with the specific job and performance environment you have determined is essential to company success. Share with them your rationale for the assignment and encourage their help in planning how they can best contribute.

#2.  Provide targeted development opportunities
High potentials love to learn and grow. But irrelevant training is a waste of their time and your money. Be selective about the learning and development opportunities you offer. Each should have specific business objectives, learning objectives and immediate relevance to the job. Then be sure you have clear, accurate, fair, meaningful, aligned, timely and achievable success metrics. High performing employees expect to be held accountable.

#3.  Stay connected
Maintain regular communication with these critical employees. Of course, you want a high level of engagement throughout the company…but it is most important that you retain these top performers.

  • Check in on a regular basis to assess their level of engagement and commitment to the company.
  • Make sure you recognize and reward contributions.
  • Show that you are ready to invest in their development by providing constructive feedback and targeted learning plans tied to their career development aspirations.
  • Foster open and honest communication to learn what they care about personally. The degree to which your organization can align its values with your employee’s personal values increases their engagement in the company’s mission.

The Bottom Line
It is not enough to attract and hire the right employees if you want to outperform your peers through people. Success depends upon how well you engage and retain your top talent. Don’t stop trying to win them over once they accept your offer. Follow through on keeping your top talent engaged and committed to the organization.

If you want to learn more about how to onboard top talent, download 7 New Employee Orientation and Onboarding Best Practices for Speed to Productivity

Comments are closed.

LSA helped us design and deliver a blended learning solution for our leaders to help drive our growth plans in a way that aligned with our specific culture and values. LSA understood our business, had deep expertise in the content areas, tailored the programs to fit our specific needs, and delivered great results. They constantly strive to deliver business impact and align their solutions with our business initiates, culture, and performance management systems. I highly recommend them to anyone looking to take their leaders to the next level.”

Beth A. Taylor
Vice President of Human Resources

Thoratec

SeaTel has found our partnership with LSA Global to be very valuable and beneficial. We turned to LSA to customize a supervisory/leadership solution to meet our needs. LSA delivered a customized top quality solution. I’d recommend LSA Global to any company looking for a best-in-class training and consulting partner.

Kortney Riddle
HR Manager

LSA custom designed a Management Development program that is absolutely “on target” for our technical managers. Their facilitator has done a superb job delivering the material in a way that is fast paced, highly interactive, and fun. She presents practical solutions to the people situations that our managers face every day. I regard LSA as an excellent partner that understands our business needs and a virtual member of our HR department.

Judith Onton
Vice President Human Resources

LSA has become the gold standard in team building and management training at Genomic Health! I have a hard time finding facilitators that come close to their level of customization, expertise and experience.

Emily Couey
Director of Human Resources

Working with LSA Global has proven to be extremely valuable and worthwhile. LSA understands our business, has deep expertise in content areas, and tailors the programs to deliver great results. The facilitator was extremely knowledgeable about Working Globally with India and her energy and passion made the session interesting, fun, and enjoyable for all that attended. The participants walked away extremely pleased along with highly useful practices and tools. I would highly recommend LSA Global to any company that has partners or offices in India.

Glenn McGillivray
Human Resources Business Partner

Intuit

LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.

Margaret M. Mader
Vice President, Human Resources

Hyperion

I am very impressed with the quality of work and talent. LSA did a great job of listening to my needs and providing the exact management training program expertise I needed to get the job done.

Don Pryor
Director, Business Planning & Analysis

In my years working with LSA, it seems like I’ve had a personal consultant at my fingertips to help me identify just the right solution to satisfy our needs. The entire LSA team has become a trusted friend of Actel — assuring we provide state-of-the-art learning to meet our complex, high-tech business and people needs.

Linda Mitchell
Training Manager

I have worked with LSA Global at previous companies and welcomed the opportunity to bring them in to support my new organization. We worked closely with LSA to design a solution for our Client Partner Teams and Management Training on both coasts. LSA designed a customized solution for our business and organizational culture. LSA is a quality organization, one that I’d recommend to any company looking for a first class training and consulting partner that makes an impact.

Laurie Torres
Chief People Officer

LSA’s consultant designed and delivered a half-day team building solution for our recent conference. It included careful customization to integrate the design with our new mission and values. Everyone had fun and identified key issues with our teamwork. Altogether a great program!

Bob Ward
Director of HR

Thank you to LSA Global for their partnership and support in helping us to design and roll-out our valuable management development training program. I personally have partnered with LSA Global at four of my previous companies. It continues to be a delight working with LSA. We look forward to partnering with them at Blackhawk Networks for future training and consulting needs.

Suzanne Kinner
VP Human Resources

Blackhawk Network

In the Next Generation Management Development courses, I was trained with skills and tools that have made me and my team more productive, motivated, and successful at communicating with other departments.

 

Kevin Ashman
Firmware Engineering Supervisor

LSA’s customized Effective Presentation Skills program has helped me elevate my presentation skills to the next level. I now have a much greater self-awareness of my presentation skills and can leverage off of my strengths while working to improve upon other areas. I would definitely recommend this solution to anyone for whom business presentations are an integral part of their job.

Jim Elliott
Senior Marketing Manager

Samsung

The Next Generation Management Development courses have helped me communicate more effectively with my peers and teammates. By utilizing effective communication techniques such as clarifying and confirming, and asking open ended questions, I have been able to clarify and understand information in situations where I would have otherwise asked limited questions and made false assumptions.

Robert Breckner
Firmware Engineering Manager

The LSA Global team was very receptive and flexible to our needs every step of the way. Their staff and facilitator demonstrated attention to detail, responsiveness, and professional courtesy. The participants were thrilled with the outcome and rated the communication skills workshop and the facilitator as ‘Excellent’. I’d highly recommend working with the LSA Global team to meet your professional development needs.

John Mastrorilli
FRDP Leader

Intuit

Evaluate your Performance

Toolkits

Toolkits

Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.

More

Health Checks

Health Checks

Want to know how you stack up against leading organizations?  Receive a complimentary benchmarking analysis courtesy of an LSA Expert.

More

Whitepapers

Whitepapers

Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.

More

Methodology

Methodologies

First we identify the key metrics you want to improve. Then we assemble a dedicated team of elite experts who have successfully solved similar problems with similar clients.

More

Blogs

Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.

More

Case Studies

Client Case Studies

Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.

More