Linked – Talent Development—Let’s Get These Myths Out of the Way!

Linked – Talent Development—Let’s Get These Myths Out of the Way!

ByMike McBride Reading Time: 1 minute

Imagine having one thing you can do that would give you a 94% retention rate. There is one, though it won’t be as simple as doing one thing. It will involve figuring out the appropriate career development tools and paths for the people you are trying to retain, but having a program designed for that purpose gets you way ahead of most companies.

Yes, the thought that people aren’t loyal and won’t stay no matter what you invest in them is, in fact, a myth.

The Benefits of the Arts in Business
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The Benefits of the Arts in Business

ByMike McBride Reading Time: 2 minutes

My point was that as a trainer, I do quite a bit of presenting and public speaking. I also do a fair bit of storytelling, but I didn’t learn that skill in business school or from my technical education. I had to learn those skills later in my professional life. So, I take every opportunity to encourage young people to learn those skills. You may not be looking for a career as a speaker, actor, or Improvisational Comedy, but the skills you learn there will make you stand out in the workplace when it comes time to do a presentation or speak up for your ideas.

I was reminded of this again last week when I listened to my friend and former colleague Laura Prael being interviewed on the Aussie podcast Two Drunk Accountants.

Linked – 74% Of Millennials & Gen Z Think They Can Build Better Skills At A New Job
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Linked – 74% Of Millennials & Gen Z Think They Can Build Better Skills At A New Job

ByMike McBride Reading Time: 1 minute

These people have watched companies “reward” the loyalty of Boomer and Gen X employees with layoffs, unfunded pensions, forced retirements, etc. They aren’t going to be loyal for the sake of loyalty to a company that will cut their job at the first sniff of an economic downturn. They will go to the place that benefits them the most.

If you’re not interested in providing skills and career development, don’t expect people to work for you. It’s not worth it.

Linked – Failure to prioritize security and train staff – not shallow talent pool – likely behind cyber workforce shortage
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Linked – Failure to prioritize security and train staff – not shallow talent pool – likely behind cyber workforce shortage

ByMike McBride Reading Time: 1 minute

Organizations that like to complain about not being able to find talent but also don’t bother to develop it are just leeches on their industry. Do you want more people skilled in cybersecurity or any other skill you’re having trouble finding? Teach it. Develop it. Grow it.

It’s not easy, but that’s how you address a lack of skilled workers. Educational and systemic changes are going to take way too long.

Linked – More U.S. companies charging employees for job training if they quit

Linked – More U.S. companies charging employees for job training if they quit

ByMike McBride Reading Time: 1 minute

If you read the article below, you’ll notice that we aren’t talking about paying college tuition or anything like that. We’re talking about standard, company-wide training sessions that only served to make sure new employees understand things that many of them already knew.

That’s insane. Basic onboarding and continued training of employees is a necessity in 2022. You cannot be a successful business if you are not actively improving the skills of the people who work for you. It’s a cost of doing business. It’s a benefit for your employees that helps in retaining top talent and also happens to make improve your bottom line. It is the ultimate win-win.