Everywhere you turn, more and more people are talking about the “free-agency” attitude of many professionals. The greater the demand of their skills, the less likely they will be loyal to their employer. I have a number of friends and acquaintances in high demand fields and I keep hearing stories about why they will “only do corp-to-corp” (independent consulting). This free-agency mentality is a direct backlash to poor human capital management (HR, for you old-schoolers) practiced by companies. Even in a bad economy, good talent is always in demand. The multitude of recent layoffs have left people feeling like they are easier to dispose of than corporate jets, and this is only going to make it more expensive and harder for companies to recruit and retain talent once things bounce back.
Category Archives: Best practices
Can’t retain talent at your company?
Get over yourselves! Things are not as bad as you paint them!
I recently went to an event (which I will leave unnamed) that made me very angry. I like going to events that have a presentation on interesting topics (in this case, a panel on ...
Kill the cash cows!
So, while reading his “wake up call of a book” for entrepreneurs, I came across a great sentence: ”The purpose of cash cows is to fund new calves”. Yes! Another kick in the behind to liberate an article from my draft folder!
Let us begin! I would like to expand the idea to: “Cash cows inevitably die, and the ones without healthy offspring take the farm down with them.”
Some executives not only dump all their resources on “cash cows”, but also segregate them and poach resources from other units. To justify their actions they use absurd levels of “analysis paralysis” level formulas and theories lacking logic. These actions deprive their organization of larger AND long-term success. What a bunch of shortsighted baloney!
Here are my quick thoughts on how to help organizations increase their ability to succeed short and long-term
Ideas for startups to implement in order to avoid laying off (good) people
Have you ever wondered why so many great entrepreneurs and intrapreneurs tend to sport more gray hair than usual, even in their early 30s? It is because the best ones get it! One of the main things that keep us awake late at night is the worry that our talent may bail on us or we may not be able to find the right people to join us. It is much harder to find great employees than it is to find capital. Now, I am not an expert on manufacturing, but in knowledge-based businesses, people are the biggest investment.
Apolinaras is a business operations leader with 12-year track record of helping companies manage growth, build diverse teams, harness technology, and get a lot more profitable.Read More About Us »
