Are You Winning the Talent Wars?

How many times have you heard or read, "Ourcategories: skills (capabilities that can be transferred, or
employees are our greatest asset"?What are thetaught, from one person to another), knowledge (things
chances of any company surviving if it cannot find thea person is aware of, and can also be taught), and
right employees - or find enough of them? In 2003talents (recurring patterns of thought, feeling or
Roger Herman, Tom Olivio, and Joyce Gioia wrote inbehavior). This last category - talents - are
Impending Crisis that by the year 2010 the U.S.either gifts bestowed at birth or developed before we
economy will support 10 million more jobs than therereach adulthood, and can rarely be significantly
will be people in the work force to fillchanged after a person matures- To best understand
them.This future scenario could make the late 1990'sthe talents that are most important in those occupying
volatile job market look like it was relatively stablespecific roles in your company, you should start by
compared to what we may soon experience.Is yourlooking at the current top performers in those rolesJim
company currently at risk of finding enough goodCollins wrote Good to Great in 2001, explaining through
people? Can you predict whether or not your topanother extensive research project why some
employees are planning to leave? In this era ofcompanies turned out to be truly great, while other
information on demand, drastically changing workcompanies who faced similar circumstances did not.
environments and workforces, and employees thatOne of his startling conclusions was that, "The old
bring a tremendous network of resources with themadage 'People are your most important asset' turns
to work every single day (and also take those sameout to be wrong. People are not your most important
resources home with them at night), wouldn't it beasset. The right
good to know how you are really doing in the war forpeople are." His chapter 3, First Who, Then What,
talent?Peter Drucker states that, "66% of your newmade many leaders stop and think about how they
hires will turn out to be mistakes within the first 12build their teams around themselves.In 2002 Lou Adler
months", yet most companies continue business asreleased a revised version of his 1998 book Hire With
usual as it pertains to employee selection, developmentYour Head. In it, Adler reviews a plethora of hiring
and retention. Most companies are constantly lookingpractices and why some methods work better than
to hire more productive employees, but most don'tothers in building great companies. In his chapter about
know the best place to start, as evidenced below:-what to do after the first interview, Alder recommends
Most companies do not use any type of assessmentusing tools that have
tool prior to making an offer- Of the companies thatthe ability to measure not only personality, but also
use assessment instruments, most use tools thatcognitive skills and interests, and concurred with
focus only on personality traits- Many of theBuckingham and Coffman in saying that these tools
personality style tools were not created for businessshould also be able to benchmark your company's top
use - they were intended to help identify deviantperformers in a specific job function.Also in 2002, Rick
behaviors- Many of the most commonly usedWarren wrote a best-seller called The Purpose Driven
personality assessments have reliability scores thatLife, in which he describes why people are better at
are below the recommended minimums set by Thesome things compared to others. Warren was not
Association of Testing Professionals and some areattempting to explain success from a business
not intended for use as predictive tools- Research onperspective like the other authors listed above, and he
over 85 years of assessment history indicates thatused slightly different terminology. But there are many
general mental ability (i.e., how a person processesobvious similarities in Warren's SHAPE framework for
information) has the highest validity in predicting futurewhat
job success of any single characteristic measuredThepeople should understand in choosing their vocations
Best Selling Authors Say the Same ThingsSeveralcompared to frameworks suggested by the other
best-selling authors over the recent years have boldlyauthors.S = Spiritual Gifts, abilities for serving God given
suggested where companies and individuals should beonly to believersH = Heart, your desires, hopes,
moving in terms of helping people find their right niche ininterests, dreams and affectionsA = Abilities, natural
the world. It doesn't matter whether you are comingtalents you were born withP = Personality, behavioral
from the individual's or the company's perspective, thecharacteristics that make us all uniqueE = Experience,
results and conclusions are all the same.All of theor what we have been exposed toCompanies look at
authors listed below agree that the best way tothis information and usually think one of three things:-
maximize productivity is to match people's gifts, abilitiesWe're doing O.K., we don't need to change our
and interests to the jobs you ask them to do. Anselection or retention practices- We probably could do
employee who is a good match for his/her role will bebetter in these areas, but it would cost too much- We
more productive, make more money for themselvesdon't have the time to add this to our current
and the company, and stay longer than one who is notprocessesPeopleRight was founded in 2002 to help
a good match for their role. This sounds simple -- likecompanies make more intelligent decisions in selecting,
good old common sense, but we all know commondeveloping and retaining great employees. We show
sense is not all that common.In 1999 Marcuscompanies how they can take advantage of the latest
Buckingham and Curt Coffman wrote First, Break Allresearch and technology in the assessment industry
the Rules. The book was based on data collected bywithout breaking the bank or extending the selection
the Gallup Organization from over one millionprocess.Our services normally cost less than the cost
employees and 80,000 managers. Some of theof one bad hire, and we are happy to measure our
conclusions drawn from this research included:- Greatresults to continue to earn your business. Over 95% of
managers do NOT believe that, with enough training, aour clients have asked us back to do additional work
person can achieve anything he sets his mind to-after our first project.
Human behavior can be divided into three distinct