10 Oct It’s Time to Harvest Your Crop of Talent: Getting More Done with Less
As we enter the Fall season, an air of focus and productivity is becoming sharper. Cooler weather and shorter days serve to focus the workplace on achieving year-end goals. Just as harvest season is the time to reap the rewards of previously sown seeds, organizational Best Practices encourage us to continuously evaluate our talent management strategies to attract and retain highly engaged employees. Consider the following strategies to grow talent, generate profitability and cultivate a return on your organization’s investment:
The 80/20 Rule
The 80/20 Rule, also known as the Pareto Principle, suggests that approximately 80% of outcomes come from 20% of efforts or inputs. In the context of an organization, this principle helps prioritize tasks, projects, or efforts that yield the most meaningful results. Basic psychology stresses the importance of rewarding appropriate behaviors immediately after they occur to increase their frequency. Instead of devoting your limited time and resources on problem performers, your organization will achieve more with less by focusing on those top performers who will matter the most.
Study and Learn from Your High Performers
Studying high performers can provide valuable insights into strategies to help your organization achieve more with less. Learn from the best. Observe their habits and routines. Pay attention to how they manage their time, prioritize tasks, and maintain focus. What efficiency techniques do they employ? How do they prioritize tasks based on importance and impact? For example, high performers set clear goals and break them down into actionable steps they and others can follow.
Optimize Your “People Magnets”
Your unofficial “go to leaders” are the critical behind the scenes leaders who hold people together and make things happen. Who do team members seek out for help and whose charismatic and motivating presence uplifts their fellow team members? Their enthusiasm and positive energy boosts morale and inspires higher levels of productivity. They foster a sense of unity and engagement and promote smoother workflows and faster problem-solving. Your people magnets embody the organization’s values and culture, helping to maintain a cohesive and focused organizational identity.
How Can Your Organization Sustain Success over the Long Term?
Once you have established evidence-based practices for assessing and growing talent, your organization’s leadership will have a deeper talent pool to both implement and sustain long term growth solutions. This can include:
Cloning your High Performers
Once you have identified your high performers, organizations must work to develop and replicate such talent. This requires identifying what makes them “tick” and why they are so successful as well as regularly assessing their goal progress and providing constructive feedback. Overall, executives need to lead by example and demonstrate the same traits and practices they encourage their team members to adopt. Two of our most frequently requested Executive Assessments are Selection Assessments and Development Assessments. Selection Assessments are used to evaluate both internal and external candidates from any source. Development Assessments help identify the candidate’s growth potential and how to leverage their talents most effectively.
What is next on your organization’s “development horizon”? Your ability to anticipate needs is crucial for getting more done with less, as it allows leadership to proactively address challenges and allocate resources efficiently. The Synergy Organization’s portfolio of services and transformative solutions ranging from evidence-based executive search® to succession planning ensures you will identify, attract and retain the right talent, at the right time, for every season.
Save Money and Avoid Aggravation
Our national research studies have found that approximately 40% of most CEOs’ time is spent dealing with conflict. If your organization is struggling to assess its talent development or is often experiencing workplace conflict, The Synergy Organization’s Team Synergy Assessments will provide you with the precise information you need to make the right Talent Management decisions when it matters the most. Over the last 30+ years, healthcare executives have used our proven expertise and experience to help them make difficult, evidence-based decisions and transform the performance of their organizations most efficiently and cost-effectively.
To see more examples of how we have utilized our unique expertise, industry Best Practices, and proprietary assessment tools to help progressive leaders to grow their organizations to new heights, please visit https://synergyorg.com/evidence-based-executive-search/.