Talent Management: You Own It

Talent Management: You Own This

You’re the owner of a business, the leader of your team, the visionary who sees what’s next for the company and strategizes ways to get there. People are the most valuable resource you have, and you recognize this. But cultivating a winning team is no easy feat.

You’re trying to figure out how to embark on a Strategic Talent Management journey to better recruit, select, develop, promote and engage the individuals who work in your business. It’s overwhelming—but here’s the good news.

You’re not in this alone.

As the owner, you need an executive bench to execute your business direction. Think of it like this: You’re the chef. You create the menu, write the recipes, and empower the professionals in your kitchen to prepare those dishes and deliver them to customers.

In your business, you’re the owner who determines the road map, puts systems in place, and gives managers directions to get the company to its destination. You’re not paddling alone.

Talent Mindset focuses on building bench strength in your business. The process can be like launching a mini start-up that requires rekindling your aspirations for the company. What’s important to remember is this — you do not have to go it alone.

In my coaching practice I like to remind people, “Every elite athlete works with a coach. Ambitious business leaders should, too.” Who’s whispering in your ear?

Set the tone.

Awaken your true aspirations for your company. You determine the direction and foster the culture. Your actions and words, along with your plan, set the tone.

Create the map.

You are the master chef and pilot. You design the menu and set the course. Your bench executes on the vision. Select a reliable team, and invite them to be a part of the process.

Trust your coach.

Leaders need their own executive bench to carry out Strategic Talent Management. Enlist in trusted advisors as you carry out the process, and define new ways of recruiting, developing, and engaging people in your organization. Allow a coach to help you with honest self-analysis, and provide you with insight and tools, as you lead your company through the Strategic Talent Management course.


Stacy Feiner
Dr. Stacy Feiner is an executive coach for the middle market and author of Talent Mindset: The Business Owner’s Guide to Building Bench Strength. Contact her at www.stacyfeiner.com or stacy@stacyfeiner.com.



Image credit: schaeffler


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