Are You Practicing Recovery Optimization?
David B. Nast
CEO | Vistage Chair | Executive Coach | Author | Speaker | Certified Talent Optimization Consultant | Trusted Advisor
We are amid the greatest free agency market for talent that we have ever seen in business. Tons of A-Players are currently available. All business problems are people problems. And people are still the biggest competitive differentiator in business. Now is the time to rebuild your teams with the best available talent.
If you have poor performers, now is the time to upgrade your teams before it is too late. I have spoken with dozens of CEOs over the last two months and more than half have had to furlough some of their best people, and those A-Players are getting swallowed up by the competition.
Also, more than 75% of the CEOs I have spoken with are hiring right now. Some are hiring for key positions that they cannot afford to get wrong during this time of tumultuous change. Others are hiring for newly created positions as roles have collapsed to evolve into new jobs with new responsibilities.
The emergent need we have been seeing with clients and prospects has been around Recovery Optimization. There has never been a more critical time to make sure companies have the right people in the right seats than right now. There is a crucial need to ensure that work is redistributed to the employees who are hard-wired to excel in these newly created roles.
Over the past two months we have been helping our clients with Talent Triage. The needs have been around top-grading and right-sizing, managing a smaller workforce, and helping them to effectively lead virtual teams for the first time in their careers.
Another top request from our clients has been around Leading Through Change. We have been helping our clients measure, maintain, and increase engagement amid the ever-changing landscape. We have been utilizing workforce analytics to discover who has the natural behavioral drives and cognitive abilities to manage complexity, adapt to change, and quickly apply new learning.
And lastly, as we head towards The New Reality, almost every business has had to rethink, change, or adjust their strategy. All of these needs translate into the fact that businesses must rebuild, rather than restore. Restoration implies going back to what was, and there is no going back.
What we are clearly seeing is that now is the time to rebuild your business if you are going to survive and thrive in The New Reality. One of the greatest needs we have been fulfilling for our clients has been helping them align their people strategy to fit their new business strategy.
Now is not the time to leave your decisions around talent to chance. People who shoot from the hip, often shoot themselves in the foot. The Predictive Index is Moneyball for your business.
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About the Author:
David B. Nast is the CEO & Managing Partner of Nast Partners based in the Greater Philadelphia area- the fastest growing Certified Partner for The Predictive Index in the world.
He is a Certified Talent Optimization Consultant, Workplace Behavioral Analyst and an Award-Winning Certified Business Coach and a with over 25 years of experience in Talent Optimization, Human Capital Management, Executive Coaching, Leadership Development, Talent Acquisition, Training, Career Management, and Executive Search.
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The "What's Next?" Guy , guiding you to your AUTHENTIC FUTURE SELF | Creator of The Human Archeologist Method✅ | Modern Elder | Transition Strategist for activating your potential | Mentor | Coach | Inspiring Speaker
4yThanks, Dave. Candidates, this is a trumpet call to get in gear. Change means opportunity for executives-in-transition. Companies are top grading and you may be that 'purple squirrel' they need but haven't been introduced to yet. You'll not get access to influencers and decision-makers using pre-Covid strategies and tactics. What's that new "Big Idea' that your desired targets need? What do you offer that will create competitive advantage for your target companies. Then, you need to build the authentic messaging that will elevate your gravitas and attract the right 'people of influence' to advocate for you. Don't settle. Don't come in 2nd. You don't deserve that fate.
Senior Director, New Group Development at TIGER 21 | Premier Peer Group for Ultra Successful Entrepreneurs | Spearheading Member Development & Building Groups Globally | Executive Talent Acquisition & Investor
4yGreat points David! Upgrade now, succeed now and in the future!
Marketing Communications and Media professional
4yThose A-Players know who they are, David B. Nast, and they are looking for the best new opportunities out there. So if they search on a prospective company's website while they consider their best options, those companies would be wise to be able to identify them. That kind of AI-Powered Identity Resolution is available now. If they have it, it becomes a two-way search. Without it, they have to wait to see if the top players will reach out. It pays to be ahead of the game.
Keynote Speaker | Executive Coach | Career Coach | I Help Leaders and Their Teams Excel in their Current Roles and to Achieve Their Career Aspirations | Success Through the TRUST Success Model
4y"People are our most important resource" is a phrase often spoken and now it is even more critical than ever to have the right people in place for the reasons you wrote about David B. Nast. I can't think of a better process to find the right people than what you deliver to your clients.