Unlock Your Talent For Wealth

Author : Margaret Graziano
Publisher : Keenalignment
ISBN 13 : 9781732687714
Total Pages : 74 pages
Book Rating : 4.6/5 (877 download)

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Download or read book Unlock written by Margaret Graziano and published by Keenalignment. This book was released on 2018-08-13 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currently, the business workforce of America is experiencing a shortage of leadership talent, an issue that has been escalating due to aging Baby Boomers, for the last few decades. Other key triggers causing this talent shortage are the current global marketplace competing for talent, a weak disparate education system, the velocity and momentum of technology, and the ability for creative, innovative people to earn income from their kitchen table. If that isn't enough to disrupt the status quo; we are also dealing with the backlash of years of economic, political and institutional shake-ups. The psychological impact of decades of uncertainty and perceived corporate and Wall Street deceit, as the pay versus cost of living disparity has triggered an all-time low in U.S. employee engagement. With more and more companies needing to hire and the supply of qualified, engaged people at an all-time low, the result is a massive talent shortage of knowledgeable, committed workers who are available and interested in full-time gigs. While small and mid-sized companies have been surviving, their larger and well-resourced competitors have been building and leveraging their people (talent) strategy and are thriving. The good news is that not every key contributor, mission-critical team member and next-level leader chooses to work for larger companies and mega-organizations. In all actuality, many have grown despondent and mistrustful of the larger entities and all too often, good workers with fast growth companies look to make a change when the company they helped to build gets too big. This opens the door for solid workers, skilled in growing organizations, to move to start-ups and privately held mid-sized companies-and for those companies to capitalize on their unique strengths and perspectives. A strategic initiative for many companies is to hire not only new talent but also the right talent. Given the shifting demographics facing us, companies committed to hiring top performers in their industry must create an environment that fosters growth, development, and challenge for its people. This behavioral and corporate transformation is referred to as adopting a talent mindset. Running a company effectively now, and in the future is directly related to your ability to choose the right people for the proper roles, provide an environment for them to optimize their performance, and retain them for the right period of time. A 2017 "Gallup Poll" on U.S. Workforce Engagement tells us that 70% of the U.S. workforce is disengaged-either by the work they do or by the place in which they do it. To drive home the adverse impact of a 15 year steady decline in employee engagement; data-driven production studies show that people who are unhappy at work are not nearly as productive as they could be, and are most often the same people who are unable, unaware, or unwilling to operate as proactive and innovative contributors. Disengaged employees are less likely to go the extra mile for customers or to improve workflows, organizational systems and processes that could streamline efforts and save your company time and money. These folks are also much less likely to have a positive impact on morale. In fact, they are often the key instigators of gossip and duplicity and are perpetrators of the blame/shame game in the workplace. If you have a notion that better people practices and a stronger culture will make a difference in your company's ability to achieve your goals, then the Wealth of Talent is the book for you.