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




Cash Flow Tip 14 - Aggressive Billings and Pre-Wiring the Process
Contractors can significantly improve their Return-On-Capital by being aggressive and focusing on the details of monthly billings.
Recap of the 4 Myths, 18 Tips, 5Cs, and 4 Metrics of Cash Flow
Cash flow is critical for the sustainable growth of a construction contractor and one of their key scoreboard metrics. Here's a recap of the 4 Myths, 18 Tips, 5Cs of Credit, and the 4 Metrics & Trends of Cash Flow.
The Right People - Jim Collins
What differentiates contractors is their ability to execute basic strategies consistently. Effective execution comes down to people, process and tools - in that order.