Coach's Challenge February


Finding and keeping good people in your organization - this has been one of the top 3 business challenges that I have seen in all of my 20 years of being a business coach. And I'm sorry to report that the time period we are in right now is the worst. The challenge has dramatically jumped up in intensity over the past 18-24 months.

Don’t worry, this isn’t exactly bad news. What I’m seeing are businesses gaining growth momentum, which means they are expanding. This occurs when consistent opportunities are available. That is a good trend. We also have one of the lowest unemployment rates we've seen in nearly 50 years. All of this ads up and elevates the challenge of finding and keeping good people.

So, how do we handle this challenge in today's market? There are three basic focal points to finding and keeping good people in your organization and each of them builds upon the previous:

The first focal point is what I call the Foundational Elements to Finding and Keeping Good People in your Organization. These are the building blocks. I am seeing more and more companies put an emphasis on these foundational elements, but not enough. If you want to build a business that pays your bills, this isn’t completely necessary. I’d say the vast majority of businesses do not focus on this part of their business and they do OK. However, if you want growth AND if you actually want to be able to develop a business that provides you the opportunity of time and freedom, then setting up these foundations will help to make that a heck of a lot easier. Click here