Better Leverage Talent
Smart leaders better leverage talent because they are keenly aware that their success depends on the success of their team. No matter what business you are in, how you consistently attract, develop, engage and retain talent matters.
Talent Management Matters
Our organizational alignment research found that talent accounts for 29% of the difference between high and low performing organizations in terms of revenue growth, profitability and customer loyalty. Without an engaged and productive workforce, your organization will not perform at its peak. People can be your competitive advantage when you learn how to better leverage talent management for business success.
The Role of Business versus HR
Leadership plays an all-important role in setting the stage for attracting, developing, engaging and retaining the employees an organization needs to thrive. But when you look to which department should enable talent directives, it is Human Resources. Sadly, however, many HR departments are not truly sitting at the executive table and miss the opportunity to have a meaningful impact on the business.
This should and must change. And the ball is in HR’s court. HR is positioned to directly contribute to the bottom line when they are working in sync with their organization’s overall strategy.
3 Steps to Better Leverage Talent Management
To earn a position of credibility and respect at the executive level, HR needs to better align and quantify workforce performance by:
1. Ensuring Clear, Compelling and Implementable Business Strategies
First, HR must deeply understand the business strategy. Strategic clarity accounts for 31% of the difference between high and low performing organizations. For any talent management strategy to be effective, it must be 100% aligned with the business strategy.
HR must understand where the business is going and how it intends to get there if they are going to create meaningful workforce strategies that help make it happen.
2. Create an Aligned and High Performing Organizational Culture
Secondly, HR should help ensure that the organizational culture is 100% aligned with the business strategy. Culture account for 40% of the difference between high and low performing companies. Because strategies must go through culture and people to get implemented, HR should play a critical role in ensuring the way people think, behave and work drives the strategy forward and creates a foundation for successfully attracting, developing, engaging and retaining top talent that fits.
3. Differentiate Your Talent
Lastly, HR should design a clear talent management strategy to attract, develop, engage and retain the employees needed to execute the short- and long-term plans of the business. Top people leaders know different talent contributes differently to every organization. Because of this, strategic HR leaders design and implement the right talent strategy for their unique situation and various levels of performance and potential.
The Bottom Line
When HR prioritizes and focuses on the activities that are most urgent and most important to the business, they earn a seat at the table and can contribute meaningfully to the business strategy on the front end. Then, using people analytics to guide them, they can use lagging indicators to measure the impact and value of talent vis-à-vis the strategic goals.
To learn more about how to better leverage talent, download The Top 3 Talent Management Ingredients for Success
4 Keys to Keeping Talent Up to Date
Why Employees Change Their Mind
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.
LSA helped to meet the needs of my teams within a very narrow timeframe. My team walked away with highly useful management tools and practices. LSA saved us time in delivering the right solution for our specific needs.
Director, Software Engineering, EPG
We have worked with LSA Global for our learning and development needs and have always had great success. They helped us recently with customized Management Workshops that we held for the second time. It was fantastic, and I would highly recommend LSA to anyone that is attempting to get immediate and impactful improvements.
HR Manager, BU Radiology Informatics
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.
Vice President Human Resources
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.
Director of Human Resources
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
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.
Firmware Engineering Supervisor
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.
VP Human Resources
We consider LSA Global our outsourced learning and development partner. We worked closely with LSA to customize a management development program to meet our growing business needs. I would highly recommend LSA to any company wanting to deliver quality learning solutions.
Vice President Human Resources
LSA’s Employee Engagement Consulting and Survey work has provided critical visibility into: how well our people are holding up under the general economic environment, as well as, the specific challenges that face biotechnology companies in their efforts to discover and develop new medicines; their level of alignment and commitment to XOMA’s Vision and mission critical strategies; how leadership practices and management systems support an environment that engender commitment, and the specific actions that our leaders can take to improve on areas that are important to our people. I highly recommend LSA’s employee engagement solutions.
Vice President, HR and IT
LSA Global’s consultant brought a fresh perspective to our behavioral based interviewing strategy for two key executive positions we needed to fill, and their consultant helped us develop questions that produced a much deeper understanding of candidates’ capabilities. I am confident that the two new executives joining our organization have the right skills to add significant value. Throughout the process LSA was also very responsive in dealing with short lead time requests.
Because of the unique nature of our business, Excel is a core application in our accounting organization. After three attempts to find an Excel consultant who is capable of helping our finance team integrate advanced applications into our work processes we found LSA and Alex. He was not only a “Real” Excel expert but was masterful in helping us identify where to use Excel applications in our processes to increase our group’s efficiency.
SPO Partners & Co
Kim Silva, CFO
For our go to training outsourcing partner, LSA provides exactly what we want. As always, they deliver outstanding work!
Director, Organizational Excellence & Development
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.
Firmware Engineering Manager
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.
VP of Human Resources
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