Sophocles once said, “Success, remember, is the reward of toil.”
Every project is designed with the intention to achieve the project goals and targets and avoid and effectively foresee, predict and mitigate risks. To get there, a project must have a strong foundation of diversity, trust, commitment, inclusion, productive dialogue and conflict, accountability, cohesion and resiliency among its team.
In a recent global Project Management Institute (PMI) study, talent management functions ranked, on average, 58% or lower in priority to an organization. Projects on average spend 20% of the project budget on talent management, with the primary focus on financial value and social impact. What is interesting about the current data is that it proves that talent management is still not at the top of the priority list for projects, and because it is not, projects will continue to have culture, talent optimization, plan execution and collective result issues that negatively impact the focus on financial value and social impact.
In today’s project economy, to experience effective levels of engagement and performance and achieve overall efficacy, productivity, sustainable results and true success, a project must brand, assess, select, align, hire, onboard, train, assign, develop, retain and manage a strong and fluid talent management strategy that focuses on workforce staffing, workforce development, workforce planning and organizational effectiveness.
Click to read and gain insights from the nine tips to keep top of mind when prioritizing your talent management strategy.
Lori Harris is a member of the Forbes Coaching Council, and Managing Partner of Harris Whitesell Consulting.
Harris Whitesell Consulting, LLC., is a human resources and talent management consulting firm headquartered in Wilmington, North Carolina. Our mission is to create valued partnerships based on trust, excellence, and impact – from assessment to action. We offer assessment, coaching, development, culture and engagement, change and transition, talent optimization, and customer strategy solutions. Our team of certified and highly qualified experts maximize organizational and leadership effectiveness and business success by working with people and businesses to accelerate value, optimize growth and opportunities for their leaders, teams, and organizational success! We maximize excellence! Learn more about our services – visit our website: https://harriswhitesellconsulting.com, call us at (833) 848-7845, and connect, follow and reach out to us on LinkedIn at: https://www.linkedin.com/company/hwconsult.
