“…Talented people will always have options, regardless of the economy.” –Mary Ann Downey
Did you get that? The war for talent is ever-present. Patriotism is no longer a good enough reason for your top talent to stay put.
Downey demonstrates this in her recent i4cp blog (http://tiny.cc/FqNK4) where she takes a look at Olympians who are not competing for their native countries.
- Pairs skater and Japan native, Yuko Kavaguti competes for Russia
- American ice dance siblings Chris and Cathy Reed competes for Japan
- Austrian skier Prince Hubertus competes for Mexico
Simply put, “talent cannot be confined by borders,” Downey writes.
Olympians look for the best place they can be challenged and grow. Same is 
true for high performers. They will not settle with traditional appeals but rather seek out a place where they can reach full potential and beyond, Downey essentially says.
You may have a Queen Yu-Na, Lindsey Vonn or Evan Lysacek in your company. That’s GREAT! But …don’t get too cocky. We’ve said it before and we’ll say it again: What are you doing to make sure you allow those stars to advance?
Our recommendations:
- Identify your high performers
- Help them assess their strengths and development needs.
- Give them the tools to create an Individual Development Plan
- Provide feedback and take the time to discuss corporate and personal development goals
- Link compensation more directly to organizational and individual performance.
Click here http://tiny.cc/yCJOA for more on those recommendations.
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