Only 14% of CEOs believe they have a strong bench to execute their business strategies. Let’s make sure you’re the exception.
Fast-growing companies with aggressive business plans with no talent strategy to match, you’re breaking our hearts.
No matter how powerful the CEO, organizations who do not grow talent commensurate with business growth suffer from some serious symptoms.
Underdeveloped leadership teams, poor work culture, overwhelm & overwork; hiring missteps and/or promoting too early; over hiring and underutilized staff; declining sales, fulfillment mistakes, and low morale—this is no way to build a company. (Well, it is a way, but it doesn’t sound too appealing, friends.)
Avoid going over the dreaded Talent Cliff.
The talent cliff is when sales accelerate and exceed your talent pool’s ability to deliver. This results in plummeting sales, employee turnover, and poor team morale.
You can navigate free and clear of this precarious place of doing business with a proactive and progressive talent strategy.
Make sure that you have a perfect fit hiring practice and build a highly engaged team; nurture an innovation culture; develop respected leadership and cultivate a healthy, supported team dynamic, retain A-players, and reduce turnover; increase productivity across the board and sustain an accelerated growth trajectory—this is the way.
Talent strategy and leadership don’t just happen, they must be intentionally woven into business growth. Then, and only then, will you be able to avoid that terrible old Talent Cliff.