¶ … Buckingham strength-based approach or talent-based approach is a very pragmatic approach to business management and is especially useful when time and resources are limited. For example, in a high-pressure business environment were strict deadline(s) and pressing objective(s) are looming, a certain triage approach is necessary to cover as much ground as possible with the limited resources available. This, of course, implies dividing and conquering; dividing according to skill sets, talent, and knowledge to conquer as much as possible in a relatively short time period. Of course, most companies have structural and organizational divisions as well as vetting and HR processes to ensure that the right people are working in the right places from the outset. Nevertheless, something that the talent-based approach seems to only half acknowledge is that there are talented people holding positions in companies that also have glaring weaknesses and, as a result, pose a threat to a company's ability to function...
There is a certain competency level every employee should reach to maximize corporate synergy (i.e. those with under developed social skills can stymie corporate synergy). Moreover, there are a limited number of times you can "shuffle a deck" -- "build on strengths and manage around weaknesses" - before the weaknesses become evident. There is something to that old adage "a chain is only as strong as its weakest link." That is to say, a company will have to address the weaknesses of its employees eventually.
Organizational Psychology - Motivation Landy and Conte (2013) define industrial-organizational psychology as "the application of psychological principles, theory, and research to the work setting" (p. 7). A prominent line of research in industrial-organizational psychology is the study of worker motivation. Over many decades, as management theory has developed, several philosophical and psychological strands have emerged, and are often referred to as: 1) Person as machine; 2) person as scientist, and 3)
The StrengthsFinder test classifies employees into a number of critical strength-based categories, such as employees who thrive on competition versus employees who seek harmony with other individuals. Both types of employees can be useful in many organizations but may deploy different decision-making processes due to their different strength sets. For example, an employee whose great strength is soliciting input may need and desire a great deal of information before making
Managers as the Key to Retention Are Managers Pivotal in Terms of Employee Retention - and What Can Managers and Employees Both Do to Minimize Workplace Turnover? In this continuing sluggish economy, it seems that employers - that is, managers and bosses - should go the extra mile to keep their employees, particularly their top talent. But, as this paper points out, there are signs that employee retention is not a priority for
Succession Planning for Multi-Faceted Enterprises and Organizations La Russa Enterprises Thunder Bay, Ontario Nadia La Russa The journey to this point in my academic career has been a long one, and challenging, however I am successful. A number of people have effortlessly contributed to my success, and I take this opportunity to thank them. First, it is with great honor that I thank my academic adviser he/she took on the obligation of advising me
The luxury brands in this age of fierce and intense competition perceive and believe that the conventional methods of advertising and promotion are only an itinerary that creates the knowledge and awareness amongst the consumers. Nevertheless, targeted marketing (that represents the emotional driving force) is becoming the primary and fundamental aspect of concern that many of the brands are focusing in order to create emotional engagement with the consumers that
……How Veterans Can Make a Positive Impact on Workforce Development in the Construction IndustryABSTRACTThe U.S. construction industry faces significant workforce development challenges, mostly in terms of labor shortage. Addressing this challenge is important for meeting the present and future needs of the industry. Hiring veterans is a valuable way through which the construction industry may overcome the workforce development challenges it faces. In spite of the several initiatives introduced by
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