TALENT MANAGEMENT

The Antonio Brown situation showed football fans how challening it is for organizations to handle highly productive high maintenance talent. A perfect example of difficulties in organizational leadership from the world of sports.

The NFL is a business and all businesses need to manage talent, their human capital. Like the sports world, performance may afford a person more tolerance. Sports teams tolerate diva behavior if an athlete helps the team win. Organizations tolerate rule bending or departures of standards for behaviors if a person is deemed a value creator.

The Raiders situation is another of many examples of when the risk finally outweighs the reward. When an organization must choose the welfare of team over the individual. Sometimes it is better to let talent go elsewhere than to entirely disrupt the culture. Protecting the status quo is not always right, but not always wrong.

Organizational leaders determine what type of corporate culture they believe will be effective and workers acknowledge that to some degree by accepting compensation. Workers should voice their concerns or issues, but need to accept the reality not every request is granted. Stalemates typically result in ending of worker employer relationships.

Managing talent is not easy as people all have different needs, wants, and quirks. Leaders have organizational goals to achieve and people have personal goals to attain. But, a key is ensuring the entire group is not harmed by either bad leadership or disruptive employees. Both are detrimental to an organization.

Advertisements

INNOVATIVE APPROACH TO AN ICONIC BRAND

P&G Takes Tide to the Cleaners – The Wall Street Journal.

Tide is a leading brand in the laundry detergent market. Clever brand extension by P&G to enter the laundry service business leveraging Tide’s brand appeal.

KINGPIN OR SCAPEGOAT

New Details Emerge Over Mallinckrodt’s Role in Opioid Crisis – The Wall Street Journal

The federal government apparently believes Mallinckrodt played the kingpin role in the opioid crisis. They might simply need a scapegoat to milk to cover costs associated with the crisis.

There is a lot of blame to spread but the focus is on drug companies, not so much the physicians and health systems who prescribed the drugs.

WORK AND POLITICS

Google Curbs Political Debate by Employees – The Wall Street Journal

Many companies want to have free expression for the most part, but discussing politics at work can be challenging and divisive. Like religion and cultural discussion, politics involve deep personally held views, which many are unable to discuss in a manner respectful to others.

Unless one works at News Corp, Time Warners, or other news outlets, political discussions are outside of what one is paid to do. Therefore, limiting these discussions and potential arguments can help maintain productivity. Many companies limit a variety of discussions in the workplace, especially thoughts and feelings about management efficacy. Political discussions may help reduce tensions in many already challenging work environments.

If workers want to discuss political issues with colleagues, they can always do so during happy hours or offsite lunches. That is a fair exceptions. Therefore, people can ensure conversations are between parties willing to participate in such discussions.

 

 

BEYOND SHAREHOLDERS

CORPORATE RESPONSIBILITY (WSJ)

Shareholders are important for corporations, as their capital funds operations. But, corporate leaders need to also consider impacts on consumers, who provide revenues, and employees, who perform operations. Over focuses in one area can be detrimental in other areas, which harm corporate outcomes.

For instance, many companies provide great return on investments, but struggle to maintain market share and customer bases when markets change. The organization may be efficiently run, but may lack needed investments in product pipelines to compete with substitutes.

If workers are not kept happy, customer experiences are impacted as well as quality in production. The best investment a company can make is in human capital, providing fair and competitive compensation as well as professional development programs. Satisfied workers are more productive and can be relied on for greater quality output than low skilled labor miles away from customer markets.

Companies focusing on stakeholders not just the shareholder should not be shocking. Companies that care for the employees, protect consumers, and lift communities will be able to provide more stable long term returns.