Talent Magnet
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Talent Magnet

Mark Miller

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eBook - ePub

Talent Magnet

Mark Miller

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About This Book

The Wall Street Journal -bestselling author "provides a pragmatic approach to the art of attracting and retaining top talent... A must-read for leaders" ( Candice L. Saunders, President and CEO, WellStar Health System). What Does Top Talent Really Want? More than vision, strategy, creativity, marketing, finance, or even technology, it is ultimately people that determine organizational success. That's why virtually every organization wants more top talent. But do you know what they're looking for? It might not be what you think! Talent Magnet will show you how to attract and keep great people. "The war for talent is on, and many good leaders and organizations are really struggling. Talent Magnet presents a terrific approach that is both insightful and actionableā€”born out of firsthand research and told through a readable and relatable story. I read it straight through." ā€”Stephen M. R. Covey, New York Times - and #1 Wall Street Journal -bestselling author of The Speed of Trust "People drive your success more than anything else, and Mark Miller shows us how to attract the best of them to your company." ā€”Randy Street, New York Times -bestselling coauthor of Who "Great people are going to work somewhereā€”why not for you? Talent Magnet will show you how to attract the people every organization wants. Read it to take your team and organization to the next level." ā€”Jon Gordon, Wall Street Journal -bestselling author of The Energy Bus

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Information

Year
2018
ISBN
9781523094974
Subtopic
Leadership

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A Bigger Vision

Blake was anxious to attend the next meeting with his new CEO friends. He wanted to hear the progress they had made on the talent front.
They met in the same hotel banquet room. DĆ©jĆ  vu: each leader once again lamenting the state of talent and sharing the same difficulties he or she had shared in their first meeting. Honestly, Blake was shocked at the lack of progress. Then, it was his turn.
ā€œWeā€™ve been busy. We really are convinced our organization can become a Talent Magnetā€”a place so compelling, Top Talent will line up to work for us.ā€
Earl Bannon interrupted and said, ā€œSounds like the youngster has been smoking something they donā€™t sell at the corner store.ā€ A few laughed at Earlā€™s attempt at humor.
ā€œNot tonight, sir. But I can tell you what weā€™ve been doing. Weā€™re trying to determine what it takes to build a Talent Magnet.ā€
ā€œDid you figure it out? Donā€™t keep us in suspenseā€”Iā€™m not a young woman,ā€ said Mrs. Livingston.
ā€œWell, I think we have.ā€
ā€œDo any of you know what Top Talent really wants?ā€ Blake asked.
ā€œCash?ā€ someone asked.
ā€œThey do want to be paid a fair wage, but that is not what really excites them, and it is not what will keep them. Top Talent wants three things: A Better Boss, a Brighter Future, and a Bigger Vision. Thatā€™s what weā€™re working to give them. The extent to which we are successful in this endeavor will determine our organizationā€™s success over time.ā€
Blakeā€™s brief comments sparked a candid and often heated conversation. There were many questions. Blake answered the ones he could; others, he admitted he didnā€™t know the answersā€”yet.
ā€œStill sounds crazy to me,ā€ Ed said.
ā€œIā€™ll tell you whatā€™s crazyā€”hoping things will get better.ā€ Blakeā€™s energy ticked up a notch. ā€œHope is not a strategy.
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Iā€™ll tell you whatā€™s crazyā€”hoping things will get better.
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ā€œMy son is sixteen years old. If he were graduating from college today, Iā€™m fearfulā€”no, Iā€™m confident he would not want to work for my company. That is unacceptable to me.
ā€œMy organization needs more Top Talent. Iā€™m thankful their demands are simple: to be led well, to live with the hope and promise of a better future, and to be part of a bigger vision. We can do this!
ā€œAnd when we do, weā€™ll attract Top Talent from our city, our state, and beyond; weā€™ll create such a compelling force, weā€™ll find men and women from around the world will want to work with us. Thatā€™s what weā€™re building.ā€
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At Charlesā€™s next team meeting, the first item on the agenda was to continue clarifying the components of a Talent Magnet and the leadership behaviors that would make it all real.
ā€œWhatā€™s next? I guess we should tackle the Bigger Vision today,ā€ Ben suggested.
ā€œSounds good to me,ā€ Kim said.
ā€œHow should we approach this?ā€ Rose asked.
ā€œAny ideas?ā€ Kim turned the question back to the group.
ā€œLetā€™s go back to the data on this one. There are focus group comments, but the data is clear and, frankly, surprising to me,ā€ Charles said.
ā€œWhy would you say that?ā€ Gary asked.
ā€œHereā€™s the truth: if you had asked me before we did this research what Top Talent values, I would have guessed that both leadershipā€”Better Boss and personal growth, Brighter Futureā€”would be at the top of their list. But I would not have predicted that a Bigger Vision would be that important.ā€
ā€œWhy is it important?ā€ Ben asked.
Kim pulled out the data file and projected it for everyone to see.
As they sat looking at the screen, Ben said, ā€œWho can interpret this for us?ā€™ā€
Rose said, ā€œI can. As it relates to this facet of a Talent Magnet, there were two things that stood out when comparing top and typical talent.
ā€œFirst, when asked to rank the factors that would attract them to work for an organization, the mission and values of the organization mattered significantly more to Top Talent than they did to typical talent.
ā€œThe second thing we see regarding the Bigger Vision is that Top Talent wants the opportunity to make a difference. We have interpreted that to mean a difference in the world.ā€
ā€œYes, the actual question on the survey pertained to ā€˜making a difference in society,ā€™ā€ Gary added.
ā€œTop talent has more of a future orientation than their counterparts,ā€ Kim said. ā€œIt comes through over and over again.ā€
ā€œSo, when we combine these findingsā€”the importance of mission, values, and the desire to make a differenceā€”a Bigger Vision appears to be a good way to represent these ideas,ā€ Rose concluded. ā€œI think Clint and his friends got it right again!ā€
ā€œDoes this make sense to everyone?ā€ Ben asked.
ā€œI think so. Let me try to play it back a little differently,ā€ Kim said. ā€œTop Talent wants a real connection with their employerā€”more than just a paycheck. They want to be part of something with their employer. Thatā€™s why the mission and values matter to them.
ā€œRight,ā€ Rose said, adding, ā€œThey want a personal resonance with the organizationā€”not just a transactional relationship.ā€
ā€œAlso, if youā€™re a person who wants to make a difference in the world, wouldnā€™t you want to be part of an organization that feels the same way? It feels like an alignment issue to me,ā€ Gary said.
ā€œSo how do we communicate what we just talked about in a few words?ā€
ā€œIā€™m struggling a little with how to proceed,ā€ Kim said.
ā€œWhat if we start with the leaderā€™s role in creating, sustaining, and achieving a Bigger Vision?ā€ Gary asked.
ā€œOkay, who has something to kick us off here?ā€ Kim asked.
ā€œAssuming you already have a vision, which we do,ā€ Peggy began, ā€œI think one of the things leaders do is Ensure Alignment.ā€
ā€œI think thatā€™s clear, but say a little more,ā€ Ben probed.
ā€œWell, it seems to me the real power in a vision is harnessing the collective energy of an organization. If everyone is not in sync, you lose a lot of energy, productivity and impact. I think creating alignment is one of the most important things leaders do.ā€
ā€œAny questions remaining on this one? Can we agree, one of the key leadership behaviors to make the Bigger Vision a reality is Ensure Alignment?ā€ Charles asked.
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Creating alignment is one of the most important things leaders do.
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Everyone nodded.
ā€œWhat else?ā€ Rose asked.
ā€œHow important is vision to people, really?ā€ Gary asked.
ā€œWell, according to the data, it matters a lot to Top Talent,ā€ Ben said.
ā€œReally? Iā€™m still not sure. I know, I know, we have the data; but seriously, Iā€™ve worked in places where I never even heard the vision. Honestly, Iā€™ve worked in a few companies that Iā€™m fairly sure didnā€™t even have one,ā€ Gary said.
ā€œI think youā€™re on to something,ā€ Charles said.
ā€œI am?ā€ Gary said.
ā€œYeah,ā€ Rose nodded. ā€œA vision is of no value if people donā€™t know it. I think thatā€™s a candidate for our next leadership behavior.ā€
ā€œMaybe, but thereā€™s something more important than knowing,ā€ Ben added. ā€œPeople must feel connected to itā€”personally.ā€
ā€œWhat about Foster Connection as our second leadership best practice?ā€ Peggy asked.
ā€œI like it,ā€ Rose said. ā€œThank you, Gary, for helping us see that. I would have missed it.ā€
ā€œWhatā€™s next?ā€ Charles asked.
ā€œI think thereā€™s a big idea we havenā€™t discussed yet,ā€ Peggy offered. ā€œI think a Bigger Vision must be far-reaching.ā€
ā€œIsnā€™t that why we call it a Bigger Vision?ā€ Gary asked sarcastically.
ā€œSure, I get that,ā€ Peggy replied. ā€œBut hereā€™s what the data indicates: top performers want to make a diffe...

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