Is your company or organization reacting to the current economic situation or is it responding? Is it playing defence or offence? There is a difference. When we take into account the situation we are in, along with our vision and goals, we are able to step back and choose to act. Act, rather than just react to the latest challenge facing us.
Aberdeen’s recent study: “Mid-Year Insights 2009” point to the development of existing talent as a top priority for the coming year. Organizations need to ensure that the workforce has the skills and ability to face the challenges and uncertainty of the future. These development opportunities can benefit both employees and employers.
Opportunities to improve skills and capabilities and challenging work assignments that broaden one’s skills have been shown to drive engagement. Not only do engaged employees plan to stay with their current employer, a correlation between high levels of engagement and strong business performance have been demonstrated.
It is time for companies to rethink how they are developing existing talent. Here are some questions to get you started:
- What is the company’s deeper purpose?
- What is the vision for the future?
- What are the desired outcomes?
- What needs to change in order to achieve these outcomes?
- What are the goals?
- What is no longer needed and can be let go?
- What skills and abilities need to be developed to achieve the vision, goals, and outcomes?
- What training or development is required and how does that fit with the new direction?
- How can employees become more engaged?
Development of existing talent is a key factor in employee wellness, retention and productivity. But it cannot be done in isolation. Organizations who help employees to become more engaged and develop talent that is in alignment with the organization’s deeper purpose, vision and strategic plan will realize remarkable results.
Val Kinjerski, PhD, is a leading authority in the field of employee engagement and on the topic of “spirit at work.” An inspirational speaker, consultant and writer, she helps companies and organizations increase employee retention and boost productivity by reigniting employees’ love for their work. She is the author of Rethinking Your Work and Rethinking Your Work Guidebook.