talent management…..

iwantyou
In the next few posts I am going to seek your thoughts and ideas to some questions of general interest – deeply relevant and those that are currently engaging the minds of employees as well as organisations.

This one is on the most precious resource – talent. When times are tough, survival becomes the most important priority and motivating people may fall way down the list. Organisations know that the risk of defection is dramatically reduced during a recession. Most staff members are simply relieved not to be part of the latest downsizing, and while top performers have the greatest flexibility to move, they don’t want to sell their skills into a down market. Cash in at the right moment as they say.

There are enough and more indications now to suggest that the recession may finally be on a serious decline. Very soon, strategies to push for business growth will replace survival as the base driver. This will then lead to the inevitable war for talent acquisition and talent retention assuming top billing one more time – keeping the best players and inspiring the rest is bound to move up on any good leader’s priority list. Easier said than done as most companies are struggling to create an employee experience that appeals to all categories of individuals – Gen X, Gen Y, Net – Geners -with diverse needs and preferences.

The tough things that companies did to keep going have diluted the bonds between employers and employees.  Economic recovery will provide an opportunity to restore a sense of pride and purpose and revitalise these relationships. Lot will depend upon the choice of way forward.

What do you reckon should the approach of the organisations and individuals be to deal with such a situation. I can provide an easy no no – money is not the prime mover or motivator here for both.

look forward to your thoughts.

rs

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