An organization’s ability to attract, engage and retain top talent will be the difference between success and failure in the 21st century. Despite this fact, most senior management teams still view talent management as something that can be delegated to HR. Often, talent management gets the focused attention of the senior management team once per year at a talent review session that lacks rigor or real validity when it comes to evaluating incumbent leadership talent.
What is the reason for this sad state of affairs? Most often, talent management is one of those things that leaders view as important but not urgent, and in the midst of day to day crises it falls to the bottom of the priority list.
But, as the saying goes, eventually organizations that take this approach end up having to “Pay the Piper”. Sometimes this appears in the form of a lack of succession planning for key leaders who are retiring or leave unexpectedly. Frequently, it shows up in frustrated senior leaders who moan about the lack of motivation and effectiveness of their direct reports or struggle with new growth initiatives because they don’t have anyone to lead them.
If any of the above sounds uncomfortably like your organization, then the question is: “What can you do to address this in manageable steps?” A painless first step is to call The Bailey Group at 763-545-5997 and set up a free consultation with a talent management consultant. No one will try to sell you anything in this meeting. The consultant will listen to your concerns, ask clarifying questions, and give you a professional opinion about the state of talent management in your organization. Then, if you wish, the consultant will lay out an affordable and manageable process for establishing talent management practices in your organization that fit with your size, needs and budget.
The meeting is free and painless. And with luck, it will eliminate your payment to the “Piper”.