The Number One Excuse Why Leaders Do Not Nurture and Grow Your Top Talent
There are lots of excuses for neglecting to identify, nurture and grow your top talent. The most persuasive is that the company is moving so fast you have little time to think forward…you can only hope to keep up with demands and pressure for the present.
Why You Need To Invest In Your Next Group of Leaders
Leaders who do not nurture and grow your top talent can be making a big, and potentially, disastrous mistake. Why? Because, to perform over the long-haul, you need the best talent.
Where are you going to find your next crop of leaders if you don’t keep your talent pipeline filled with both internal and external candidates?
Three Steps to Nurture and Grow Your Top Talent
Here’s what you need to do:
1. Map Your Talent Strategy To The Business Strategy (and culture too)
Your plan for talent should not be created or implemented in a vacuum. For a talent strategy to have a chance to succeed, it must be:
The goal? Build the talent you need to implement your business strategy in a way that aligns with and strengthens the way people think, work and behave.
2. Establish Key Talent Metrics
Know what talent matters most. For many this means setting up definitions for current and future job roles and responsibilities that include how you will measure success in terms of performance and what the parameters of compensation will be. These success metrics should be transparent and let each employee know:
3. Attract and Retain The Talent You Want By:
The Bottom Line
Talent accounts for 29% of the difference between high and low performing companies. How you nurture and grow your talent can set you apart form your competition. If you want to grow gracefully, invest the time and resources to get talent management right.
For more information on how to nurture and grow your top talent, download The Top 5 Training Strategy Mistakes to Avoid
A Meaningful Company Mission Matters
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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.”
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We signed up with LSA early on–as their 22nd Member! Since then, our organization’s learning needs have increased and decreased and increased again with the changing times. The beauty of the LSA business model is its flexibility…when we needed to supplement our own internal resources, we used LSA services knowing that we could depend on the outstanding quality of the leadership development and management training programs they provide.
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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.
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