656-The Talent-Centric Organization
Episode Title: The Talent-Centric Organization
Talent-centric organizations don’t scramble to retain employees when the market gets tight, because retention is already built in. More on this, next on The Perna Syndicate.
Ep 656 show:
This is The Perna Syndicate and I’m your host, Mark Perna. Thanks for tuning in! With the Great Resignation on one hand and a looming recession on the other, change appears to be the only constant. Every day, it seems there are new tactics to stay competitive in a fast-changing world—and many companies are struggling to keep up.
I recently connected with Carol Schultz, a leadership advisor and author, about what she calls “talent-centric organizations,” or TCOs. What sets a TCO apart from the crowd is how they don’t have to frantically change gears every time the job market does. They have a very simple and unwavering focus: the people that power the business.
Schultz says that TCOs put great employee experiences front and center, weaving their people’s needs into the very fabric of the company. The executive team is fully aligned regarding the organization’s vision, business strategy, and communication. And their talent strategy is built to support these needs.
In strong contrast to toxic work environments that people are fleeing in droves, TCOs have redefined success in terms of how satisfied their employees are, not just how big their profit margin is.
This week, I want to explore the three defining characteristics of talent-centric organizations, and maybe even spark some reflection for all of us about how we can support this type of culture in our workplace.
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