Elevating Your Organization’s Success: The Power of Recruiting, Retaining, and Raising the Bar

Traditional leadership? Kaput. Buh bye. Lata gata.

By now you may have heard me shouting this from the rooftops, but achieving success and maintaining a thriving company requires you to throw out your dusty old leadership handbook.

Why? What does it matter? You hired people to do a job, after all. 

Yup. You hired people. And people are tired of the same old same old. Look at the Great Resignation and Quiet Quitting for example. What happened there? People realized that they wanted to spend their time where it mattered. 

Enter the dire (and I mean dire) need for your strategic focus on recruiting, retaining top talent, and constantly raising the bar. After extensive research, I’m excited to shed light on how these three critical aspects come together to create better organizations that are not only more profitable but also foster a vibrant and engaging work community.

1. Recruiting the best: building a strong foundation

Successful organizations start with recruiting the right people. But what exactly defines the “right” people? Beyond the skills and experience listed on their resumes, it’s about finding individuals who align with your company’s culture, values, and vision. A well-thought-out recruitment process ensures that you are bringing in individuals who share your organization’s passion and goals.

Recruiting the best candidates contributes to your company’s success by:

• Diverse expertise: Bringing in individuals with diverse skill sets and perspectives can lead to creative problem-solving and innovative ideas.
• Enhanced collaboration: When employees share your company’s core values, they are more likely to collaborate effectively and work towards common objectives.
• Long-term growth: Building a team of talented, committed professionals sets the stage for sustainable growth and long-term success.

2. Retaining top talent: the key to organizational stability

Recruiting is only the first step; the real value lies in retaining your top talent. High turnover can disrupt productivity and morale, and it’s costly in recruitment, onboarding, and training. Retaining your best employees contributes to better organizations in the following ways:

• Consistency: Retained employees provide continuity, preserving the institutional knowledge and expertise within your organization.
• Engagement: Employees who feel valued and appreciated are more engaged, resulting in higher productivity and innovation.
• Cost Savings: Reducing turnover lowers hiring and training expenses and contributes to a more stable work environment.

3. Raising the bar: a community of continuous improvement

Once you have the right people in place, it’s essential to keep pushing the envelope and raising the bar on performance and innovation. A culture of continuous improvement fosters a dynamic and forward-thinking organization. Here’s how it contributes to profitability and a vibrant work community:

• Increased efficiency: Encouraging employees to seek better ways of doing things can lead to streamlined processes and higher efficiency.
• Innovation: Embracing change and innovation keeps your organization competitive and at the forefront of your industry.
• Employee development: Encouraging personal and professional growth creates a more skilled and motivated workforce.

When you integrate these three aspects—recruiting the best, retaining top talent, and constantly raising the bar—you’ll create better organizations that are not only more profitable but also offer a fulfilling and motivating work community. Your employees will be more than just colleagues; they’ll be a part of a dynamic, evolving, and successful team working towards a common goal. As a business leader, it’s your responsibility to cultivate this environment, one that attracts the best, keeps the best, and constantly strives for excellence. 

The result? A thriving, profitable organization where everyone contributes to its success and celebrates it together. And I know you can do it.

Wishing you health and wealth always!

-Mike

PS – Want in on the All In strategy? I am hosting a LIVE workshop on November 6th. Psychology and mindset expert Kelly Ruta and Danielle Mulvey from The All In Company will join so we can teach you the actionable leadership methods to ensure your business is one in which your employees feel like partners – and are that dedicated, too. Grab your spot here!

 

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