Talent: A natural ability not acquired through effort that provides intrinsic satisfaction, results in spontaneous behavior, and can be cultivated to achieve near perfect performance.
Fit: Casting each person in a situation where their spontaneous behaviors are utilized for the mutual benefit of the company and the individual.
Investment: Individual development and recognition tools, created through meaningful coaching relationships with each associate.
Growth: The outcome of the right combination of talent, fit and investment – results in growth both for the company and the individual.
Science of Growth
In a broad industry study* comparing the top 1 percent of producers in medium complexity jobs to those in the bottom 1 percent, it was revealed that producers in the top group outperformed those in the bottom by approximately 1,200 percent. In essence, one top performer generated the combined output of 12 bottom performers.
Our research results (Talent AdvantagesSM) and measurement demonstrate significant outcome differences between top and average talent.
*John Hunter, Michigan State University, Frank Schmidt and Michael Judiesch, University of Iowa: 1990
The Talent Plus Growth Formula
A company’s intellectual capital – and only sustainable competitive advantage – is its people. Studies of employee performance in talent-focused business cultures leave little doubt as to the impact highly talented employees have on an organization.
Selecting talent is only the beginning. It takes an integrated talent management strategy – with the commitment of everyone from the CEO to the line manager – for an organization to achieve sustained excellence. The resulting impact can best be explained through Talent Plus’ Growth Formula, shown above.
