Tag Archive: retain top talent

Even The Best System Will Fail Without Talent

September 8th, 2017

As an ERP expert, it is quite clear to me that even the best systems will fail miserably if they don’t possess talent. Don’t even bother to select and implement an ERP system if you don’t have the “right” people on the bus. Start with executive support and continue on down through every position – everything is a team effort.

Teamwork is everything

It’s paramount in business to have the “right” people at the table.

Since we’ve worked with many clients on ERP projects, it is crystal clear what impact people will have on your business’s success. Throw out the notion that ERP is a technical topic! Instead, start thinking of it as a transformation initiative of substantial importance to business success.

Talent Leads the Way to Success

There are countless ways in which talent will affect success. To name just a few:

  • The sales team at the ERP software provider. Let’s start with the people selling the system. If they aren’t geared to educate you on their system and its fit, you can be sold “a bill of goods”.
  • The implementation team at the ERP software provider – there is little as important as the particular resources you partner with to implement your system. Set it up sub-optimally and you’ll have enduring issues.
  • Your ERP team – since ERP can be such a time intensive process, the temptation is to assign non-integral people to the team since the day-to-day must carry on; however, this team is designing your future!
  • Your executive sponsors – these folks are in a critical position to understand the status, make critical decisions, consider the fit with strategy, supplement resources as required and much more. It is not for the faint of heart!

If you’d like to ensure success with your ERP system, you’ll START by considering the people.  Put more time and thought into your talent. As much as or more than you put into evaluating functionality and you’ll be grateful down-the-line.

 

Did you like this article? Continue reading on this topic:

Why ERP Success Has Little to Do with Systems

 



Job Gains & Market Surges

April 11th, 2017

According to the Wall Street Journal, the US gained a better-than-expected 263,000 jobs in March. Thus, the stock market surged and others gained as well including the Shanghai Composite Index, Nikkei Stock Average and Australia’s S&P. As the job market gets tighter, have you thought about how to attract, retain and develop talent throughout your supply chain?

job gains

What will you do that distinguishes you from the competition? As much as executives talk about attracting and finding top talent, an often overlooked strategy for success is to RETAIN top talent. Do you know that people leave leaders; not companies? The same can be said for supply chain partners. Are you a value-add supply chain partner? Since our clients have a constant concern when it comes to supply chain talent, we are updating our Skills Gap research. Please take a few minutes to participate and give your feedback.

What Should We Consider and/or What Impacts Could Arise?

When it comes to retaining your internal talent and your key supply chain partners, it is not terribly complex. Think about how you would like to be treated and what would attract you to want to work for or with your company. How can you improve upon those areas? Do you make your employees, customers and suppliers feel special? How could you do that?

If you are a leader, start by taking stock. Ask for feedback — and mean it. If you don’t care, people will pick up on it and they won’t tell you anything. Be genuine or don’t bother. Start by asking. Find out what is important to them and what they enjoy about their work. Do the same with your customers and suppliers. I have no doubt you’ll gain valuable insights in short order.

 



What will Motivate Your Team?

June 30th, 2015
motivated team

A motivated team can overcome some of the biggest business challenges a company can face.presentation in meeting room.

According to my Skills Gap research, executive recruiters and HR experts, it is more challenging now than it has been in quite a long time to find and retain top talent.  A BIG part of retaining top talent is to ensure your team is motivated.  Give me a motivated team any day vs. a million dollars.  I know I’ll come out on top!  I’ve found that people are your #1 asset and can achieve amazing results, especially when motivated. So, the question is what motivates us?

1.  Let’s start with a “not” – money. Although the lack of fair compensation is a de-motivator, money itself is rarely a motivator.

2.  Explain value – how does each person contribute to the company vision, goals and priorities? Yes, it takes time to translate each person’s value but it has immeasurable results.

3.  Diversity – remember, not everyone is the same. Each person has different interests and motivations. Listen and find out what they are, and then modify your behavior to what works for each person.

4.  Leverage strengths – I haven’t found anyone who wants to fail, even the most miserable, negative employees. Forget about weaknesses that aren’t causing significant issues. Instead, build on each person’s strengths, and you’ll be amazed at the results.

5.  Trust – do what you say you’ll do, and don’t commit to things you know cannot be realistically delivered (even if it is what people want to hear at the moment). As simple as it sounds, it’s not simple to do. Trust will have a profound effect on motivation.

6.  Reward performance and take action with non-performers – one of the most overlooked, yet critical leadership action items. Many times, this is #1 for your top performers. It is critical to note that BOTH are required to truly motivate your top performers. Do not put it aside for a day when you have “time”. 

Use these tips to motivate your team and profit through your people.

Did you like this article? Continue reading on how to Profit Through People:

Showing Thanks in the Workplace 

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