Talent: 9 Processes to Master

Talent development is crucial to contractors.

D. Brown Management Profile Picture
Share

Contractors who master talent will be the winners tomorrow as the shortage of critical talent will continue to impact all industries.  Research from McKinsey points towards a significant amount of construction work being automated in the future however this is mostly at the predictable physical work levels.  

Talent: 9 Processes to Master. Acquire, Build & Retain.

While the entire talent development process including recruitment, development and retention are all interrelated we break them up into 9 major processes to help focus on bottlenecks or opportunities.

  • What are the top 3 positions in your company that you need to focus on the most during the next 12-24 months?  Why?  
  • How many people in those positions do you need to recruit, develop and retain?
  • Looking at these 9 processes where is your biggest bottleneck?  It may be different for each position.  

Many times the insight from an unbiased 3rd party who gets to see what others are doing across the country can be valuable. 


Schedule a call to learn more




Tim Ferriss Quote - Life Punishes the Vague Request
One of the best things about Tim Ferriss's book, TRIBE OF MENTORS, is the introductory chapter where Tim describes lessons learned in asking good questions over the years.
Growth and Opportunity
Contractors that are growing profitably, have great reputations with their customers, and have a good culture are able to attract and retain the best talent even with the talent shortages the construction industry will face in the next 10+ years.
Succession Fact #1: Capital and Cash Flow
Succession Fact #1: No deal structure will substantially create capital or cash flow. It is only the business performance that ensures all major stakeholder groups are compensated properly for their time and capital put at risk.