Having the right seats filled with the right people is
fundamental for business success and growth. Most
entrepreneurial organizations are lacking the strategic talent
they need. This is partly due to the difficulty of finding
superior talent, but mostly due to not knowing what to look for,
or how to develop existing talent. If you want to improve your
business performance, you need to identify the strengths and
weaknesses of your talent, increase the value that your team
adds to the business strategy, and ensure that your talent is a
key part of your competitive advantage.
What do you look for and how do you assess it? Through our
research we’ve found that successful companies first define how
they compete and what their strategic priorities are. This means
that if a company focuses on being a product leader, then their
product development talent should be their best talent. With the
strategic priorities defined the talent development process
begins.
We’ve defined that a successful talent development program
focuses on these four key areas:
- Skills – what are the skills needed for the job? Technical,
problem solving, etc.
- Knowledge –what knowledge is needed? Industry, customers,
strategy, products, services
- Behaviors – what behaviors are required? Leadership, decision
making, values, ethics
- Results – what results are expected? Revenues, profits, new
products, new processes
Questions to ask yourself to know if you have the Right People
in the Right Seats
- Have you defined how you compete and your strategic
priorities?
- Do the skills of the people in your key seats support your
strategic priorities?
- Is your leadership team the team to grow your business or just
maintain it?
- Do your key people have all four characteristics listed above?
As with all our services, we have a methodical approach to
evaluating if your company has the Right People in the Right
Seats It’s called the Strategic Talent Assessment.
Click here to learn more > 