Future Proofing the Multi-generational Organisation
‘Train people well enough so they can leave, treat them well enough so they don’t want to.’
We all know the quote and if there is someone who knows how to future proof and achieve organisational success, Richard Branson is up there with the best.
Ping pong tables in the office, optional duvet days, degree apprenticeships, employee reward schemes and everything in between could easily dupe you into thinking that we are well on the way to knowing how to attract and retain talent.
According to Investors in People, nearly 1 in 4 of the 47% of workers are feeling unhappy, citing poor management as the core reason for wanting to leave.
Poor management, evidently means losing good staff and less productive teams. Additionally, leaders are having to deal with managing 5 different generations in the workplace, with different outlooks and different needs.
Clearly there is more to good talent management. Elon Musk says:
“Talent is extremely important. It’s like a sports team, the team that has the best individual player will often win, but then there’s a multiplier from how those players work together and the strategy they employ.”
This highlights a number of elements; attracting the right candidate, keeping great talent, how do we find and promote talent in the workforce and how do we get the team communicating and working more effectively together? The answer …
Good leaders inspire, motivate, empower, empathise, develop and train, communicate effectively and feedback constructively. Great leaders create environments for talent to flourish and lead by example, bringing the team with them. Dimensions Clothing and East Midland Trains are just 2 examples of how investing in leadership skills can make a huge difference to the business.
So, what does all this mean? Essentially, nothing’s changed. The role of good leadership is still as important now as it’s always been, if not more. No matter what generation you manage and what ‘perks’ you have to attract talent, management will always be core to keeping talent and therefore future proof organisational success. You need leaders to lead to get the best results. But a football table in the canteen is good too!
Ever wonder why they call it Talent Management?
I have been asked to be a panel member at the next Marketing Derby event taking place on Friday 13th July, where we will be discussing ‘Solving the Talent Equation’. If you want to hear more about how to find, attract and keep talent in your organisation, this event will be a great insight. Alternatively, get in touch for a coffee to discuss what’s been discussed in this blog.
See more case studies on how we have helped organisations solve problems just like these here.