Latest Posts in Culture and Values
You’re standing in an art gallery filled with paintings. What draws your eye toward a particular canvas? It might be the vibrant colors or the naturistic scene … but something makes it stand out, right? Believe it or not, it’s similar for talent acquisition – you must find your own unique way to stand out if you want to be noticed by the best job candidates.
Corporate culture. It’s like a magnetic force that pulls talent toward your organization. Is your pull strong or weak? In all seriousness, though, it’s a hot topic in the war for talent. Economists note that when the economy is thriving, employees have more bargaining power, which leads to more competition in the job market. Because of this, many companies must take a closer look at their culture as a primary way to attract and retain employees.
In today’s competitive talent marketplace, your employer brand is crucial in helping to attract the right people to your company. When making a decision on where to apply for a job, 84% of jobseekers say the reputation of a company as an employer is important.
The best thing you can do to keep your top talent happy is to engage in a bit of reverse psychology. The topic of talent retention is mired in language about having, keeping, holding, and preserving. To retain something means to hold onto it. But after you’ve “captured” a person, so to speak, the goal is to set people free to do what they do best and watch your business thrive.
This past summer, my wife and I went white water rafting on the Nantahala River in Bryson City, North Carolina (which I would strongly recommend, by the way). As the guide explained the safety instructions, the group was told that if you have an “out-of-raft-experience,” it is important to “Be an Active Participant in Your Own Rescue.” In other words, if you fall out of the raft, don’t just give up and hope for the best. The guide then proceeded to walk us through step-by-step directions about what we could do to “Be an Active Participant in Our Own Rescue.”
Would you choose to take steps to strengthen your business and enhance its reputation if it meant improving your organization’s ultimate performance? The goal (no pun intended!) of this blog is to lay out the process you’ll need to do just that. Goal setting is important because it helps outline the specific path that an organization must take to achieve desirable outcomes. It helps provide direction and assess organizational progress.
In our last post, we recounted a discussion with Educational Data Systems, Inc., and their observations of a company they were providing consulting services too. We received great feedback from the story, so we decided to expand on the issues of attracting and retaining talent. EDSI has refined the key issues every employer must address to move the needle in the areas of talent attraction, development and retention.
Career sculpting, also referred to as job sculpting, is an excellent way to engage your employees and retain your top talent. It is built on the simple premise that people excel at what they’re most interested in. Are your employees encouraged to spend time working on things they’re interested in?
I recently had a conversation with a colleague at Education Data Systems, Inc. (EDSI) about talent management. Now, this topic is quite timely because almost all respondents to my 2018 Confidence and Clarity Survey stated that retention of talent and finding well-qualified workers will be one of their greatest challenges in 2018.