Let's start with a quick poll:
Would you rather have (or be part of)?
- a high-performing company
- an average performing company
- a below average performing company
I'm going to guess most everyone would choose to have, or be part of a "high-performing company."
As a definition, let's agree that:
A high-performance company is a company that is considered more successful than its competitors (usually over a five year or more period) in areas such as profitability, customer service and strategy.
So, what can you do to get there?
According to “The Change Agents,” a joint custom research study by Dow Jones Customer Intelligence and the HR Certification Institute, where 300 C-suite executives were polled, the reality is that "high-performing companies":
- have a stronger, healthier culture
- have an HR department that understands the company's business, industry and overall strategy
- see their HR function as a "strategic partner"
- have placed "talent strategy and engagement" in the top five on their corporate agenda
Companies that place great importance to attracting, developing and retaining top and key talent and that place high value in human resources are much more likely to be high-performing.
Employees that are supported are much more apt to remain engaged and productive! As you move into 2018, consider how talent mobility programs could better support the efforts that will lead your company to reach or maintain its high performance standard!
To stay competitive in today’s ever-changing business environment, C-level executives agree that finding and retaining the right talent is essential. But how to do that effectively remains a challenge, according to “The Change Agents,” a joint custom research study by Dow Jones Customer Intelligence and the HR Certification Institute, an organization that certifies HR professionals worldwide. Of the 300 C-suite executives who participated in the study, 95 percent said that hiring and retention directly affect the bottom line. And eight out of 10 consider HR to be a strategic partner that helps drive talent strategies across their organizations.