A few years ago, The Gallup Organization
published some definitive research about workplace satisfaction and talent retention/employee engagement based
on 25 years’ worth of interviews with over a million employees. Their findings were published in the book
First Break All the Rules: What the World's
Greatest Managers Do Differently (Simon & Schuster, 1999) They synthesized their research into their
"Q12" formula which identified the key factors that produced higher productivity and profits.
They suggest that most
companies aren't even playing the right game.
"Most
companies treat every one of their people the same. They play checkers with them. The best managers play
chess with their people, knowing that every person is different."
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Since
chess has been around since the 15th century, we thought it would be interesting to explore this
analogy to see what might be applied to Talent Retention challenges in the 21st
century.
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SIX WINNING TALENT STRATEGY TIPS |
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1. In winning chess, tactics are the short-term moves and must flow
from an overall plan or strategy. Otherwise, you are just shuffling resources around without a plan ... and
you get labeled as a "woodpusher." In the game of Talent Retention, you just simply crash and burn from
productivity and profit losses.
2. Get off to a good start (Employee Orientation). Use opening moves to deploy resources to
the best positions. You can be brilliant at understanding each piece, but until you have a strategy for
deployment, you can lose in one move. Locate resources where they will develop their greatest power
(Capability Development).
3. In case of a blunder, don't lose hope. When the other
player is congratulating him/herself on their clever moves, you just might be able to
escape.
4. The broad objectives in both chess and Talent Retention are
to retain resources. And they both require the same critical strategy: the ability to predict the responses
of the other player, and the ability to understand yourself. In both games, players need to think fast -
often under pressure - to avoid unnecessary risks.
5. Both are games of accumulating small advantages to produce
huge results. (One Employee at a Time!) Every move must have a purpose. Don’t go for the “win” too quickly.
Conversely, thinking too far ahead is a waste of time … the future is too uncertain.
6. When threatened, always respond. Keep the initiative. If
you don't have it, seize it. Always look for a better move; don't follow the rules
mechanically.
Before
starting, in both chess and Talent Retention, it is critical to understand the powers and limitations of your
"arsenal."
Think about each chess piece as a symbol for
each of your Talent Retention tactics. While there is comfort in having more resources than others, knowing when
and how to strategically deploy what you have is the real key to success ... in chess and in Talent
Retention.
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The Rook
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The Bishop
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The Queen
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Power: Not only
the most powerful and dangerous, but also the most valuable piece. Can move any number
of squares, in any direction - up, down, side, diagonal.
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Limitations: Cannot jump over
pieces but can capture. Because of its high value, requires constant protection during
dangerous times.
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In Talent Retention, Work-Life
Balance can shift and fracture without notice during
organizational change; requires constant monitoring |
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The Knight
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- Represents:
Compensation
& Benefits.
- Power. Most powerful
when leaping over pieces - yours or the other player’s. Likes close contact. Often the first
piece moved off the back rank, and the first to connect with the other player. Will just hold
its position and dare others to attack.
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Limitations: A tricky piece to understand. Aggressive and always
ready for action, but can be forced to back down by a lowly
pawn.
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In Talent Retention, Compensation
is frequently overused as a first option because of its
seemingly immediate results; not effective on its own for the
longer term. |
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The Pawn
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Represents: Relationships and Non-Monetary
Recognition.
Power: Moves one square at a time.
Most powerful when in pairs or groups. Other pieces will back off to avoid the embarrassment of
being exchanged for an inferior pawn.
Limitations: Cannot move backwards
or sideways. Can easily get stuck.
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In Talent Retention, important workplace Relationships &
Recognition (non-monetary) can outperform all other strategies.
Employees leave to follow a great leader/mentor. |
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The King
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Represents:
Corporate
Culture.
Power: This piece is priceless, but
not very powerful. If the King is lost, the game is over, regardless of how many pieces you
have. If under attack, it must be defended.
Limitations: Can only move one
square at a time, but in any direction (except for castling).
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In Talent
Retention, Cororate Culture is
the 'silent talent killer.' |
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Talent
Retention strategies built around just one or two "pieces" will win a skirmish or two, but will not be powerful
enough to win The Game.
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