How to Become a Magnet for the Best Talent

a giant magnet pulling people to show how to become a magnet for the best talent

How to Become a Magnet for the Best Talent
Ever noticed that the organizations you admire for their culture and success seem to know how to become a magnet for the best talent?  It’s not a coincidence.

Some firms have cracked the code on aligning their strategy with their culture and their talent…this is their recipe for success.  Indeed, we see talent as one-third of the recipe for sustainable growth.

When Aligned, Strategy + Culture + Talent = Business Success
Here’s our proven alignment philosophy and the steps you can take to attract, develop, engage and retain the top talent that makes sense for your specific business strategy and unique organizational culture.

Our organizational alignment research found:

  • Strategic clarity accounts for 31%
  • Corporate culture accounts for 40%, and
  • Talent accounts for 29%

of the difference between high and low performing organizations.

Six Talent Management Tips
Much has been written about strategy and culture. If you want to know how to become a magnet for the best talent, these talent management tips will keep your team firing on all cylinders.

  1. Get Leadership Support and Commitment
    Leadership must be on board. Company leaders set the tone and direction of the organization. For a talent management program to succeed, leaders need to buy into and fully support the strategies and investments to attract, develop, engage and retain talent at every stage.
  2. Selectively Target and Recruit
    Know what attributes and behavioral competencies you need in your employees and where to find them. Recruit them by sharing your company values, culture and purpose. The closer your culture matches the culture they want, the more likely they will thrive and stay.
  3. Ensure High Performance Standards
    Top talent wants to know that excellence is valued and that substandard performance is not tolerated. They want to work with the best. This is the kind of high performance environment that challenges, energizes and inspires top talent.
  4. Be Clear About Desired Behaviors
    “A” players appreciate clear expectations. Employees want to know what behaviors are most valued so they can be guided by company principles and act in a manner that brings them recognition, promotion and success.
  5. Have Career Development Opportunities
    To retain top talent, you need to provide a clear path ahead and opportunities for learning and growth. The fastest way to disengage and drive away your best and most ambitious employees is to keep them in a dead-end job. Give your high potentials the chance to thrive.
  6. Conduct Frequent Reviews
    Many managers make the mistake of spending the bulk of their coaching time on their underperforming team members. Instead, they should stay in closer touch with their high performers who often crave feedback and recognition. Let your high performers know what they can do to get better and prune your team of unproductive and unwilling-to-change workers.

The Bottom Line
If you want to outperform your peers, keep talent management as high of a priority as your strategy and your culture. Invest wisely in employee selection, engagement and development. With more and more companies competing for scarce talent, you cannot afford to underemphasize the people component of your business.

To learn more about how to become a magnet for the best talent, download Why Talent Is Only 1/3rd of the Talent Management Recipe for Success

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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

LSA exceeded all my expectations. We interviewed 7 potential training and consulting partners and selected LSA due to their expertise, flexibility, and breadth and depth of solutions. We were able to construct a management training course from the modules most appropriate to our needs, and are able to provide additional training from their well developed portfolio of experts. Our managers galvanized as a team throughout the session and are better prepared for the rigors of a competitive market.

Mitch Mandich
CEO

Edify

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

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

What a refreshing change from the half-baked psycho-babble you normally get from training and consulting organizations. LSA gives you the practical and results-oriented assistance you need to define and reach your goal.  They provide a results driven plan – not just a temporary fix. They are great to work with, and even more importantly, they “get it!”

David Fiano
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.

Chris Wells
Vice President, HR and IT

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

Congratulations on your pro-activity in establishing this program and developing such an effective New Employee Orientation course.

Farhat Ali
President and Chief Executive Office

Fujitsu

LSA has been a tremendous asset to my portfolio, both at my current company and my past company. As an HR leader, I am always looking for ways to find external resources that can provide a solution to our management training needs. LSA does that for me. Their solutions are presented in a much more leadership-oriented manner so as to be crisp, business relevant, and easy to apply right back on the job. I will continue to augment our programs using LSA solutions.

Ken Boehm
VP of Human Resources

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 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

Hyperion has a commitment to lifelong learning. LSA helps us provide the right business sales training, management training programs, and leadership development programs at the right time to meet the needs of both individuals and departments. I especially appreciate their ability to listen to my needs and recommend the appropriate facilitators, solutions and content.

Sarah Parks
Senior Project Manager

Hyperion

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.

Margie Bunting
HR Manager

“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

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.

Terri Wright-Scheer
Vice President Human Resources

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