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Wasting talent reduces profits!

Wasting talent reduces profits! | #BetterLeadership | Scoop.it

Mathematicians and other rational people will ask if this produces any extra profit.

 

Van der Lee: “Willliam A. Schiemann (2009) has established a number of hard number observations based on very wide research. These findings are described in his book Reinventing Talent Management, How to Maximize performance in the new marketplace.

 

Schiemann demonstrates among other things that in organizations in which Strategy, Culture and Talent are aligned to each other (so called Highly Aligned Organizations) profit can double with respect to the competition.”

AlGonzalezinfo's insight:

Richard van der Lee writes a compelling article on the value of maximizing staff member talent:

 

Enough of excuses such as ‘it takes time,’ ‘it is unprofitable,’ ‘it is the responsibility of HR,’ ‘we already pay enough staff expenses.’ “By utilizing talents that are relevant at that moment for market developments, organizations can align with the market more dynamically.


It is kicking at an open door when you conclude that utilizing talent, on the basis of the previously formulated definition, results in both customer satisfaction and an increase of satisfaction amongst employees, allowing organizations to take a lead over the competition with consequent improvement in (financial) results” Van der Lee states.

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6 Steps to Sustainable Teams: Start with Strengths

6 Steps to Sustainable Teams: Start with Strengths | #BetterLeadership | Scoop.it
A great leader does what they can to make themselves and people around them succeed and excel to their fullest potential. If you as a leader aren't doing this, then it's time to focus on becoming a...
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