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Attracting & Retaining World Class Talent

If you can’t attract the best people to your organisation you’re also probably not going to retain the talent you already have. Seen by many as the #1 issue for organisations of the 21st Century. Explored are the main quandaries to deal with and how to address these.

If people are known by the company they keep, the reverse is also true: A company is known by the people it keeps.

To attract and retain world class talent, you must first be a world class organisation. This may sound like a “chicken or egg” situation in terms of what needs to come first, but it’s not. The reality is that you are not going to be on the radar of truly world class talent unless you have the kind of working environment they seek.

What is a world class working environment? For one thing, there is none of the “master-servant” attitude that pervades many companies today. Employers do not hold all the cards in today’s businesses, and they can no longer afford to take a feudal approach in their relationships with employees.
Talented workers have no interest in business environments that demand their energy and loyalty without providing something of equal value in return. Relative to previous generations, they are an entirely new breed: more demanding, more diverse, more technically astute, and less likely to believe that the employer has their best interests at heart.
World class talent certainly wants fair compensation both in terms of salary and benefits. They know what they’re worth and they’re going to get it somewhere. However, that isn’t all they want. Today’s employees expect more than a job and a paycheque. They have some pretty demanding expectations that you must meet if you want to win the “top talent competition.”
In this keynote, Anne McKevitt will discuss the potential business challenges this issue presents, including:

Categorising your talent.
All talent is not created equal—even world class talent.
Staying profitable while you attract and retain the cream of the crop.
Having a world class organisation and having a business to run might seem paradoxical.
Addressing the “soft” side of the equation.
Money isn’t everything for these people.
Retaining the knowledge of your best and brightest.
You will lose your talent eventually, to retirement if nothing else.

Anne will use examples of world class organisations and how they address these and other challenges to attract and retain their talent.
 
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