What Attracts and Motivates Top Talent

Why did I choose this resource?

I chose this resource to learn how to draw in and retain highly talented people.

What did you learn from it?

I learned the best practices of attracting manager or executive talent and how to retain/replace it. I also learned how to recognize when an employee has lost motivation and is attempting to leave.

Key Knowledge

• The War for Talent
  • Talented people want to be:
    • passionate about their work
    • inspired by their company and leaders
  • EVP – Employee Value Proposition
    • exhilarating work
    • distinguished corporation
    • appealing compensation
    • development opportunities
• Multipliers
  • “The Talent Magnet”
    • appeal to a person’s distinct intellect
    • generate an environment of genius
    • draw in talented people and use them to the fullest extent
  • Cycle of attraction
    • leader surrounds themselves with top notch, “A” players
    • “A” players attract positive attention and move on to bigger opportunities with support from the leader
    • Other inside and outside the company witness this growth and strive to be a part of the leader’s team
  • Cycle of attraction practices
    • Look for talent everywhere
    • Find a person’s native genius
    • Utilized people to their fullest
    • Remove the barriers
• Who
  • Sell – Persuading “A” players to be a part of your team
    • Fit
    • Family
    • Freedom
    • Fortune
    • Fun
• Deciding Who Leads
  • Onboarding, information about a companies:
    • culture
    • strategy
    • key influences
    • decision makers
    • productivity traps
    • identifiable wins
  • Necessary to avoid rejection and ensure a good fit
• The 7 Hidden Reasons Employees Leave
  • Process of disengagement over days, months, or years
  • Sequential and predictable steps from disengagement to departure
  • Causes of disengagement:
    • need for trust
    • need for hope
    • need for sense of worth
    • need to feel competent
• The Talented Powered Organization
  • Talent and engagement are both vital to an organizations success.
  • Main drivers of engagement
    • Content
    • Coping
    • Compensation
    • Community
    • Congruence
    • Career
• The 2020 Workplace
  • Extremely important to know and understand that each generation has different preferences and expectations related to the workplace.
• The Inspiring Leader
  • Highly skilled and at inspiring and motivating others
  • Clear and concise outcomes
    • Productivity
    • Confidence
    • Optimism / Hope
    • Initiative
    • Responsible Behavior
    • Enthusiasm
    • Resilience
  • Actions to inspire
    • Use emotion
    • Reach out
    • Set an aggressive target
    • Create a detailed vision of the future
    • Practice abundant communication

How are you using what you learned?

I am using what I learned to refine our recruiting process and to generate ideas for motivating and inspiring our current employees/contractors.

Key Changes / Key Actions

• Update/Refine recruiting process
• Research different methods to inspire our team

Source

• summary.com: What Attracts and Motivates Top Talent (Executive Edge Article)