The Way You Deploy Your Rock Star Talent Matters

A huge crowd is cheering a rock star on the stage for his talent

The research around talent management has uncovered some surprises.

We had thought that the best performing companies had the most star talent. But it turns out that, according to Bain & Company, “A” players are pretty evenly distributed across the workforce from company to company.  They found that about 15% of all employees are what you could consider both high performing and high potential.

So if it’s not the number of stars that makes the difference, what else did the study reveal? It was the way that the high performing companies deployed their top performers that made the difference. Instead of spreading them equally across the organization, Bain found they focused them in the most critical business operations…the functions most crucial to business success. This is the way they maximized productivity.

To replicate this in your own organization, here is the high level talent management strategy you need to follow once your business strategy is clear and you have created a high performance environment:

  1. Identify and develop your top talent where it matters most
    Do you know who has the greatest potential for high performance and leadership in your organization? Do you know which jobs, skills and roles matter most for your short- and long-term strategies? If not, it’s high time you figure it out.  You will know you are on the right track when (1) your leaders agree upon how your people will best contribute to your company’s competitive advantage both now and in the future (2) your best and brightest are in your most urgent and important positions.Remember, contribution varies from company to company and depends upon business strategies. For example, if innovation is the key to maintaining growth, then R&D is probably a place where you need to deploy and develop your best and brightest. If, instead, marketing is paramount to your future success, then this is an area to identify, develop and deploy your top talent.
  2. Treat your top talent differently
    Our organization alignment research found that talent accounts for up to 29% of the difference between high and low performing organizations. Smart talent leaders know that different employees contribute differently to company success based upon their role, skills and job. Because of this, winning organizations make sure that their talent strategy aligns with their unique organizational culture and business strategy.From a reward and recognition perspective, the theory is that the highest performers should receive the greatest share of rewards because they contribute the most and deserve the most.  While the exact percentages of rewards that go to the top high performers differ from company to company, be sure that your reward system provides enough motivation to support your objectives. As a rule of thumb, one-third of your employees should have access to significant rewards and recognition based upon their performance.
  3. Keep an eye on the results and shift talent as needed
    Don’t just sit back once job assignments have been made. There are two reasons to stay vigilant: 1) “A” players need challenges and the opportunities to grow and 2) the marketplace is constantly changing…what worked one year may not work the next. Keep your top players motivated with opportunities that stretch them and lead to ever more important roles. They want variety. This is good since they then can develop the flexibility that allows you to shift them as business needs change.

The essence of smart talent management is deploying your “A” players where they will have the greatest business impact and then doing what it takes to develop, engage and retain them. Assign them to business-critical areas first. But monitor their level of happiness with their job and, as situations change, be ready to offer a different challenging assignment.

To learn more, download Talent: 1/3rd of the Talent Management Recipe for Success

 

Share:
Facebook Twitter Google+ Email LinkedIn

Comments are closed.

Understanding and conforming to legal compliance was very important to our company. We turned to LSA Global to provide a quality and cost effective way to ensure that we were AB 1825 compliant. Their interactive eLearning program was top-notch. It allowed our managers to learn at their own pace, and on their own time. The program was tailored to include our logo and our internal harassment policies. It was interactive and met all federal and state legal requirements. I would highly recommend LSA Global to any company looking for an efficient and effective and top quality way to train their managers to be in compliance.

Kelly Warren, SPHR
Director, HR & Compliance

Avon’s success is dependent on strong relationships among our Customers, Representatives, Associates, and outside resources we hire to help us meet our business objectives. We were very pleased with the results from working with LSA Global to design and facilitate a custom program for our events management team. LSA demonstrated responsiveness, flexibility, and an innovative approach to working with us.

Deanna Rudnitsky
Senior Manager, HR Destiny Sales Region

For our go to training outsourcing partner, LSA provides exactly what we want. As always, they deliver outstanding work!

Elizabeth Siebert
Director, Organizational Excellence & Development

Intuit

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

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

I highly recommend LSA Global to anyone who is looking to improve individual or organizational effectiveness through their top quality programs and broad range of expertise.

Greg Pappas
VP of Human Resources

I’ve been associated with LSA for the last 8 years and have found them to be an extremely professional, well managed full service training organization. Since working with LSA, I’ve participated in a number of solutions ranging from Performance Management to Assertiveness Training – I’ve found that the quality of the resources is superior. They are well prepared and have definitely done a considerable amount of pre-work in order to customize our culture and business into the total learning experience – making it most beneficial for our employees.

Duane Schroeder
Human Resource Manager

On behalf of Roche and my staff I would like to sincerely thank you for your help with this. The English as a Second Language (ESL) assessment and coaching that you provided for our team was a great success.

Cam Greig
Associate Director

Roche

We recently partnered with LSA Global to offer our Supervisors and Managers a customized two-day management training program. Everyone who attended said it was by far the best management training program they had ever attended. The content was rich and highly interactive. The case studies were relevant. Each participant walked away from the training much better equipped to lead their teams.

Jeff Coon
Director of Human Resources

We recently contacted LSA Global to assist us with a unique training request. We gave LSA a very short deadline and LSA custom designed a training program to meet our exact requirements within the limited time allotted to them. We found their facilitator to be well versed in the subject matter and very credible; the design provided practical and valuable information to our team of managers. I highly recommend LSA Global, particularly in the area of management training.

Julaine K. Souza
Senior Vice President

The refreshing thing about LSA is that they focus on understanding our business situation and helping me succeed instead of selling a product. With over 150 experts, they are an invaluable resource that helps me deliver higher quality results faster. I recommend them to anyone looking to improve the performance of their workforce.

Stacie Rodgers
VP of Human Resources

Cutera

We have been able to utilize LSA’s extensive network of top-notch resources to leverage our investment in employee development. The result has been the cost effective and highly efficient delivery of quality educational and management training programs.

Steve Feller
Vice President, Human Resources

“We turned to LSA to help us custom design and deliver a leadership and management development curriculum to help drive performance. They have done an excellent job diagnosing the business situation, designing an approach that fits our culture, and delivering a first class solution.”

Sally Buchannan
VP 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

I’ve partnered with LSA Global at two companies now, and I consider them a valuable and trusted training and consulting resource. They recommended just the right solution to address our management development needs and have wonderful facilitators that match YuMe’s culture and style of our management team. I would highly recommend LSA Global to any company wanting to deliver quality learning solutions with a valuable learning and development partner.

Maya Paul
HR Director

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