Three To See - w/c 24-Aug-10
August 27th, 2010 • by Craig Endicott • Posted in Talent Acquisition, Talent Management, Three To See •In Three To See this week: The success of random groups, attracting people who are out of your league and post-recession risks.
My first pick is "Strategies: Diversity Wins" from Tom Peters' "Little BIG Things" video series on his blog. In the clip below Peter's tells us that random groups of people have been found to provide better solutions to problems than groups that have been purposefully selected... really.
Are you an imposter? That's the title of my second pick, posted by Andy Porter to the Fistful of Talent blogging community.
Porter urges organisations to decide the quality level of talent that they aim to employee (eg A, B or C players) and then stick with the decision rather than making opportunistic hires from higher levels when they are temporarily cheaper, arguing that:
"Every time an employee is hired for less than they believe they are worth by an organization that suddenly can “afford” top talent, as an employer we're on a slippery slope. If an employer is legitimately underpaying an employee (emphasis on legitimately) they're essentially sending a message to this employee that they're being undervalued - we know it, you know it and we don't care. And no one likes to be undervalued. An employee might accept the situation for awhile but over the long term they're likely to put less discretionary effort into their work and will eventually go to work for an employer who values them more."
And:
"Maybe you're ok with this scenario, but as employers, we do pay in the end either in replacement costs, training, morale or actually paying employees what they're worth."
My final pick came via Skip Reardon on the Six Disciplines blog who posted Six Enemies of Post-Recession Performance which originated from The Corporate Executive Board.
The six:
- Changed Customer Needs
- Top Talent Dis-engagement or Flight
- Increased Risk Velocity
- Higher Levels of Employee Misconduct
- IT Budgets Targeting a Shrinking Share of Enterprise Information
- Misplaced and Untrained Leaders
Point 2 warns that:
"The average organization faces an imminent 7 percent productivity loss from the combination of departing top talent and undermanaged recruiting pipelines."

