Performance vs Potential: Uncovering stars of the future

 

Potential VS Performance

Deloitte’s recent CFO survey found that almost 70% of CFOs in Australia think the change in government will have a positive impact on businesses. With this in mind you need to make sure you’ve got the right people on board.

Leo Tolstoy wrote in the final years of his life: “Each person’s task in life is to become an increasingly better person.” Every business has staff turnover and every business goes through change. It’s an evolutionary process of continuous improvement.

Surely you want to improve as business? Surely to do so you you’ll need your people to be striving for positive change, challenging themselves and raising the bar? Lately, we’ve been hearing how business leaders are striving to create a “high performing culture”.

In your business you will have high performers and you will have low performers. They will also have high potential and low potential.  When discussing staff turnover it’s not about the number of people but the quality. Are you keeping hold of the right ones and moving on the wrong ones?

This, essentially, is the recipe for having “good staff turnover” and getting your Human Capital Management right.

Stars

 

It’s clear that many companies are going through change processes to improve the way they work and do business. With this in mind, it’s important that you have right people on board: to attract, retain and develop the high performers with high potential to create a High Performance culture.

Raising the Bar

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