Talent Management is a Critical Ingredient to Achieving Excellence

Whether managing a hockey team or a manufacturing business, you need to know the value of each team member you have.

The trouble is, success in business or team sports is seldom an individual achievement.



Talent Management Increases Performance

Being successful at assisting and scoring goals, or being able to generate more profitable revenue than anyone else – as is often the case, one forward or one salesperson cannot do it alone - there is always a team behind them.

Yet, especially in business, most performance management systems are set up in a way that overemphasizes personal achievement. As a result, many companies may be encouraging the wrong people, and rewarding the wrong working behaviors, and failing to reward and benefit worthy but, less visible contributors who are active members of the team.

This isn't a new theory in management, but many businesses I meet with have not taken note - they still reward individual performance of their individual stars.  But when asked why, they say they don't want to loose them to another competitive organization who would also reward them individually. 

So I can see the problem.

What we need to do is find a way to talent manage key staff that reflects the reality of how business gets done. I met with another CEO recently and he pointed to the people around the table. “They’re all industry experts,” he said. “Absolute experts. But they’re not a team.”

Like most business leaders we work with here at Hire Quality, this CEO was frustrated by not having a high-performance, cross-functional team capable of developing real business solutions.

One of the most difficult talent management challenges today is how to make collaboration work and reward the team appropriately. Every team member needs individual skills, to be sure, but unless they work together harmoniously, the game or the sales will be lost.

The good news is that there are specific talent management methodologies available as a way of getting to the answers you need and to help you begin the process of restructuring your performance management and leadership development systems.

Talent management is a critical ingredient to achieving excellence. The ability to strategically assess the talent you have and properly manage team collaboration, is integral to meet and exceed the goals of your organization.

We can help develop, we are specialists in Talent Management and can align and integrate the appropriate talent with your specific business needs.

Our talent assessment solutions range from providing assessment and actionable feedback on current talent, to forecasting for your future needs. The process includes recommendations on sourcing, on-boarding, developing and accelerating talent, and aligning performance with your business direction.

Hire Quality partners with clients to build high performance teams by recruiting and selecting new talent and by upgrading current staff through training and development. For more information go to www.hirequality.ca or call 705.734.2698