Organisations face myriad challenges to remain competitive. Key among current challenges are an acute shortage of executive talent, the increasing mobility of that talent, a declining confidence in leadership, cost management driving behaviour, and a tendency to short-termism when the pressure is on.
Research consistently reveals those employers which outperform their competition to share common characteristics.
In their actions, the best employers:
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Identify what engages people and aligns them to strategy
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Harness their workforce’s power and passion
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Focus on differentiating their organisation's culture
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Provide clarity and direction through effective communication
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Offer challenge and growth in day-to-day work
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Increase the communication bandwidth between executive management and employees
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Accelerate the development of best talent
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Focus on a few lead practices to deliver a compelling employment experience
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Demonstrate a clear focus and share this relentlessly
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Relentlessly communicate the business’s strategy
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Consider autonomy, challenge, experimentation to be mandatory
In building organisational culture, the best employers:
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Focus relentlessly on performance, feedback and results
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Provide a structured approach to performance management and remuneration
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Work to ensure that people are connected to strategy
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Believe that fundamental positive belief systems are the key in building a pervasive culture
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Ensure their leaders lead people not balance sheets
As part of the recruitment process, Luminary Search works with organisations to understand their prevailing cultures and the people-management practices that can develop them. High-calibre executives can then enter an organisation with momentum and become effective immediately in defining and refining their engagement strategies.