The product management talent dilemma

McKinsey

Despite product managers’ central roles in software organizations, they are often neglected from a talent-management perspective. Four levers can address this industry-wide challenge. High Tech Insights

5 Benefits of Developing Your Top Talent

LSA Global

Developing Your Top Talent Matters. Our organizational alignment research found talent accounts for 29% of the difference between high and low performing companies. Talent, along with culture and strategy, is one of the three critical elements of high performance. Productivity.

3 Talent Management Consulting Tips to Keep Top Talent Performing

LSA Global

Talent management consulting experts know that winning talent management strategies are about more than just recruiting the top talent you need to thrive. Are you ready to risk losing your top talent? Success depends upon how well you engage and retain your top talent.

3 Talent Management Consulting Tips to Keep Top Talent Performing

LSA Global

Talent management consulting experts know that winning talent management strategies are about more than just recruiting the top talent you need to thrive. Are you ready to risk losing your top talent? Success depends upon how well you engage and retain your top talent.

How Important is Talent Management to Business Success?

LSA Global

How Important is Talent Management to Business Success? So how important is talent management to business success? The Definition of Talent Management. Talent Management Research. So talent matters right? So how important is talent management to business success?

How to Accelerate Productivity of Your New Talent

LSA Global

The statistics on the high dissatisfaction rate of new employees should capture the attention of every HR department and leader looking to engage, develop and retain high performing talent. The post How to Accelerate Productivity of Your New Talent appeared first on LSA Global.

Talent Management: A Checklist for Onboarding New Talent

LSA Global

If you are in charge of talent management , it is important to do it right. The new hire should also have an overview of the organization’s business, what the company provides in terms of products and services, and who their customers are.

The Way You Deploy Your Rock Star Talent Matters

LSA Global

The research around talent management has uncovered some surprises. We had thought that the best performing companies had the most star talent. This is the way they maximized productivity. Treat your top talent differently. Blog Differentiated Talent Talent Management

Labour Retention: How you can create ‘Sticky’ Talent

Confessions of a Consultant

The book attempted to distil the methods deployed by the best-managed companies to create what’s sometimes referred to as sticky talent. Don’t take talent for granted. A noticeable drop in productivity or a change in work habits e.g. reduced hours.

How to Engage Top Talent – What Keeps Your Star Employees Engaged?

LSA Global

How to engage top talent is an ongoing conversation among talent management leaders; and it can make or break your talent management strategy. The Cost of Losing Top Talent. How to Engage Top Talent So Star Employees Thrive.

Talent Management Changes Need to Be Carefully Considered

LSA Global

Corporate change is never easy and, when it touches your entire workforce, you had better consider carefully how it will affect your talent management strategy. Will your top talent accept and adjust to the change or will it push them toward dis-engagement and perhaps to the competition?

The Barriers to Recruiting and Employing Digital Talent

Harvard Business

Finding digital talent is one of the biggest challenges facing companies today. In our work with a dozen industrial firms in Germany and Scandinavia, we’ve studied how they try to increase the digital skills of their workforces — from creating accelerators to training internal talent — and we’ve observed how some of these common strategies present their own difficulties. Another common strategy we’ve seen is firms rushing to train internal talent.

Talent Management Changes Need to Be Carefully Considered

LSA Global

Corporate change is never easy and, when it touches your entire workforce, you had better consider carefully how it will affect your talent management strategy. Will your top talent accept and adjust to the change or will it push them toward dis-engagement and perhaps to the competition?

Talent Matters Even More than People Think

Harvard Business

Leaving aside luck, which equates to confessing that we don’t really know, there are really just two explanations: talent and effort. Talent concerns the abilities, skills, and expertise that determine what a person can do. Effort concerns the degree to which the person deploys their talents. Clearly, some people are both talented and hard-working, but there is often a tension between the two. How talent management is changing. Is talent overrated?

Understanding the Difference Between Talent, Theme and Strength

Leadership Vision Consulting

The key terms we define are “Talent”, “Theme”, and “Strength” As I prepared for my most recent Education Session engagement, I discovered an image that helped me more clearly communicate these terms. Leveraging Your Talents. Your Talents.

The AI factor in talent management: An interview with Catalyte’s Jacob Hsu and Mike Rosenbaum

McKinsey

Top executives at one innovative software development firm share how they harnessed artificial intelligence to create a more diverse—and more productive—workforce. Public Sector Insights

3 Ways Social Entrepreneurs Can Solve Their Talent Problem

Harvard Business

The second most important problem, finding and keeping talented people (36%), becomes crucial as entrepreneurs secure some funding. Three-quarters of funded, early-stage companies believe the inability to access the talent they need will have a critical impact on their businesses.

A 5-Part Process for Using Technology to Improve Your Talent Management

Harvard Business

And because organizational change tends to be driven by those who most acutely feel the pain, it’s often line managers who are the strongest champions for “talent tech”: innovations in how firms hire people, staff projects, evaluate performance, and develop talent. Gaining the most from talent tech, we find, depends on the adopting firm’s ability to confront, and ultimately reinvent, an often outdated system of interlocking processes, behaviors and mindsets.

Great Companies Obsess Over Productivity, Not Efficiency

Harvard Business

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. At a time when so many companies are starved for growth, senior leaders must bring a productivity mindset to their business and remove organizational obstacles to workforce productivity. Productivity is about doing more with the same.

Aligning Organization Design and Leadership Talent

Kates Kesler

Talent management and organization design are powerful allies. Organizational redesigns are windows of opportunity to upgrade talent. Great talent can overcome poor organization design. It is useful for general managers and senior HR executives to have a clear understanding of the interaction between organization design and talent. Product divisions and small autonomous business units drive local ownership, risk taking, etc.

Recruiting Strategies for a Tight Talent Market

Harvard Business

If any story demonstrates how far employers will go in today’s fierce war for talent, the tale of Snapchat’s geofilter recruiting campaign is it. Following are three such innovative approaches for connecting with top talent. Generate and nurture your own talent channels.

How advanced analytics can drive productivity

McKinsey

Taking full advantage requires tackling legal, regulatory, and talent challenges. Companies have more data than ever at their disposal, but are they doing enough with it? Our Insights

7 Ways Your Employee Engagement Survey can Help You Win the War for Top Talent (or Not)

Peter Stark

As we move into the first quarter of 2019, the war for your top talent is well underway. As a leader, are you prepared to win the war for the top talent? You concede you are losing the talent war.

Companies Can Address Talent Shortages by Partnering with Educators

Harvard Business

” “Our goal,” it stated, “must be to develop the talents of all to their fullest.” The talents of all are not being developed to their fullest, and many U.S. million job openings , which companies are struggling to find the right talent to fill. Talent management Competitive strategy Digital ArticleBernhard Lang/Getty Images. Although it’s hard to pinpoint when skills shortages became the norm in the U.S.,

Product Training versus Sales Training – Which Matters Most?

LSA Global

Product Training Versus Sales Training – Which Matters Most? Many of our clients who are moving from selling products to selling more complex solutions struggle with the concept of product training versus sales training. Product training versus Sales Training?

HR’s Vital Role in How Employees Spend Their Time, Talent, and Energy

Harvard Business

Complaints about HR include things from weak, reactive business partnering to poor talent recruitment and development, from time-wasting processes to incomprehensible communications. Talent. The combination of these factors ( time + talent + energy ) and the interactions between them, is how human capital is converted into productivity and economic value. We found that the average company loses 21% of its productive power to time-wasting interactions.

Innovation Is as Much About Finding Partners as Building Products

Harvard Business

But the startup could not keep pace with the development and scale of established battery makers, and production defects led to a $55 million recall in 2012 and contributed to the company’s bankruptcy later that year. Acquired out of bankruptcy by a Chinese company to focus on the burgeoning domestic market, A123 recently announced it will close its Michigan plant as it winds down production of lithium-ion batteries in the U.S.

When Leaders Are Hired for Talent but Fired for Not Fitting In

Harvard Business

Even when organizations are good at assessing leaders’ talents (e.g., As a result, too many leaders are (correctly) hired on talent but subsequently fired due to poor culture fit. The odds of success will be slim, and some leaders may be so disruptive in their intentions that they may harm morale and productivity, or end up disrupting themselves. Leadership transitions Firing Talent management Professional transitions Digital Article

8 Reasons Your Top Talent is Leaving

Peter Stark

Today’s competitive labor market means employers need talented employees a lot more than talented employees need employers. The five tips below will help your organization retain the top talent it needs to continue forging forward in competitive times. Do all that you can to promote a happy, productive, and stress-free environment that acknowledges people have a life outside of work.

Why Talented People Don’t Use Their Strengths

Harvard Business

When McKenna-Doyle was hired, she observed that a number of her people were struggling, but not because they weren’t talented — because they weren’t in roles suited to their strengths. Cave had the talent to create products and build things. When a boss identifies these talents and asks you to do something that uses your superpower, you may think, “But that’s so easy. cintascotch/Getty Images.

How to Find and Hire the Right Digital Talent for Your Organization - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

Talent wars will decide the winners and losers in the next decade. Getting access to great talent and unleashing motivation and discretionary effort are arguably the most important jobs for leaders in all areas of every business and government agency. To win the talent war, companies need to change. Four relate to accessing talent, and four to unleashing talent. Accessing Talent. Unleashing Talent.

Are You Too Stressed to Be Productive? Or Not Stressed Enough?

Harvard Business

How can you best boost your productivity? I always assumed that if I could just reduce any stress I was facing, my productivity would rise. Usually, scores in this range indicate that your attention and interest are at the proper level, allowing you to be productive at work.

Profit Sharing Boosts Employee Productivity and Satisfaction

Harvard Business

Economics 101 teaches that workers put forth greater effort when these efforts are rewarded financially, and top talent tends to gravitate toward jobs and firms where rewards are geared to performance. Until the latter part of the 20th century, firms were organized in a top-down hierarchical fashion using production techniques that broke down job tasks into their smallest components — what came to be known as a Taylorist or Fordist method of production.

The Best Companies Don’t Have More Stars — They Cluster Them Together

Harvard Business

Talent is what separates the best from the rest. That’s certainly what we thought before Bain & Company launched its in-depth investigation of workforce productivity. After assessing the practices of global companies and surveying senior executives, we discovered that the best companies have roughly the same percentage of star talent as the rest — no more, no less. What does differ between the best and the rest is how each group deploys its star talent.

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Training Events versus Learning Solutions

LSA Global

Training Events typically strive to improve the awareness and insight of specific skills and knowledge to satisfy the fundamental compliance, health and hygiene learning needs required to attract, develop, engage and retain talent. Blog Talent Development Talent Management Training Strategy

7 High Performer Employee Engagement Warning Signs

LSA Global

They are also 40% more productive than their unengaged counterparts. Top talent likes to “get things done” and have a voice in the rules they must follow. #2. The best talent looks for work that has real impact and inspires their passion.

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What If Companies Managed People as Carefully as They Manage Money?

Harvard Business

In contrast, today’s scarcest resource is your human capital, as measured by the time, talent and energy of your workforce. Difference-making talent is also scarce. Finding, developing, and retaining this talent is hard — so much so that the business press refers to a “war” for talent. Based on our research , inspired employees are three times more productive than dissatisfied employees, but they are rare. Vincent Tsui for HBR.

Globalization: Myth and Reality

Harvard Business

Mankins is a coauthor of Time, Talent, Energy: Overcome Organizational Drag and Unleash Your Team’s Productive Power. Talent management Leading teams Meetings Productivity AudioMichael Mankins, Bain & Company partner and head of the firm’s Organization practice, explains how organizations unintentionally fail to manage their employees’ time and energy. He also lays out what managers can do to reduce what he calls organizational drag.

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5 Best Practices to Breathe Life into Succession Planning

LSA Global

Succession planning best practices help talent leaders know where high potential talent resides in the organization and how to best engage and retain them for when it matters most. When it comes to succession planning, “hope” is not a talent management strategy.

To Grow, Break Out of Your Comfort Zone

LSA Global

If you want to develop your special talents to propel you upward in your career, you need to break out of your comfort zone. Breaking out of your comfort zone can mean finding ways to be more productive and be smarter about the way you work. To Grow, Break Out of Your Comfort Zone.

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