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How To Nurture Talent Within Your Business

Your business can only succeed with talented workers on the payroll. Luck and even strong economic conditions will only get you so far, and it’s not far enough.

Still, professionals want to test their limits and prove themselves. At the end of 2020, reports surfaced around people switching careers, with some doing so due to falling out of love with their jobs. The best talents can be fleeting presences in a firm only.

It’s unreasonable to assume that these sentiments have changed enormously by early 2022. There will still be many workers who feel unfulfilled in their roles. As an employer, it’s your responsibility to stimulate their minds and nurture their talents. That will ensure they stay interested in your company and remain on your payroll.

What types of measures can you introduce here? Read on for some tips to help you nurture the talent within your business.

Create an Open Culture

Firms are a product of multiple people’s contributions. Each worker should feel like their words have weight and that their input is valued.

Everything starts with the workplace culture, which gives new starters the confidence to stick around and keeps more experienced personnel grounded and loyal. Encourage employees to speak up if they have any concerns or thoughtful ideas. You can do this by:

  • Sending out routine surveys: Some employees will develop their ideas in anticipation of a workplace survey. Writing them down, and having an option to submit them anonymously, may help them be more articulate and forthcoming as well.
  • Following through on feedback: Be open to criticism. If workers can see that you’ve actioned some of their ideas or resolved their issues, they may be more inclined to speak up more often in future. Results must be seen.
  • Flagging the risks: Speaking up can be crucial to keeping a workplace safe and secure. Discuss cybersecurity and health and safety, and implement robust policies to report any incidents. Effective measures can change over time, so staying informed is crucial on these matters.

Remember that a culture of fear in a workplace can disrupt communication and cause serious problems. Openness must be a priority at all times. Once dialogues begin to occur, talent can be refined in multiple ways.

 

Develop Mentoring Schemes

Mentoring is an enormous part of nurturing talent. However, finesse is required in how your company approaches it. Vague instances of encouragement aren’t enough to keep workers motivated and performing well.

Practical solutions are also required. Take a look at the PushFar mentoring software that can provide excellent mentor matching services along with apps and tools to help users track related goals and meetings. Activity and engagement can also be tracked. They can run tailored webinars and upskill your administrators with training too.

Bringing in outside help is a great way to make your approach to mentoring more well-rounded. You can manage your worker’s development more effectively across a range of criteria. Employees serving as mentors may appreciate the extra support as well, alleviating much of the pressure and freeing up some of their time for other pursuits.

 

Introduce Automation

Workers with many responsibilities can soon become overwhelmed. The most overworked staff members may find little time to focus on their own professional development.

Automation can ease these burdens somewhat. These technologies can assume many of the admin tasks a worker needs to do. Signing paperwork, scheduling updates, responses to routine emails – these are all tasks automation can oversee instead of the employee. Work-related stress can be reduced as a result.

Furthermore, this technology can greatly improve job satisfaction levels. Workers are free to focus on the tasks that challenge and excite them most, which will go a long way in developing their skills and talents. If they’re stuck performing dreary admin work, they’ll surely seek other opportunities elsewhere.

Improve Performance Reviews

It’s not uncommon for workplaces to implement quarterly performance meetings or annual reviews. However, what does vary is how seriously each company takes them and whether they utilise these moments to their utmost potential.

Some appraisals are held by businesses that are only going through the motions, with both employers and employees wasting their precious time. They have also been referred to as ‘soul-crushing experiences that HR personnel have forced into action. However, they are crucial moments. You can praise employees for their hard work and inspire them to further develop their talents.

One way performance meetings and annual reviews could be improved is by letting the employee offer their impressions. Where do they feel they are struggling? Do they have ideas on where they could improve? How can the business help them reach their potential? The data sourced from these lines of enquiry could go a long way and make these meetings far more productive.

The tone of these meetings counts for a lot too. Some think annual reviews can be either tedious or terrifying. It should be neither, so try to develop an atmosphere of constructive problem-solving. That way, all parties can partake proactively.

Offer Flexibility

Nurturing talent can’t be done under overly rigid work practices. Employees need to grow both personally and professionally and to do so effectively, they need a level of control.

You can cater to these types of needs by offering flexibility. For instance, if employees can control their hours, they can schedule their work for you at peak periods in their efficiency. Introducing a hybrid working structure could come with many benefits, increasing productivity and making the most of worker’s abilities.

Declining to offer flexibility risks employees becoming distracted and not producing the best results possible. It can also spark uncomfortable tensions, as workers may assume you have little regard for what they’re facing in their personal lives or that you don’t trust in their judgement. Workplaces can’t operate at maximum efficiency with fractured employer-employee relations, so accomodating their needs where possible is vital.

Offering flexibility is a great way to encourage worker’s independence as well. They may prefer to work without someone looking over their shoulder, which is good. Employees can test their own limits, recognise their own resourcefulness, and ask for help remotely should they need it.

Keep Innovating

Your business needs to aspire to be greater constantly. Only then can you expect your workers to adopt a similar attitude.

Of course, your business may be more concerned about surviving rather than thriving these days. Irrespective of your circumstances or the economic conditions you’re facing, your company must keep pushing to innovate and excel within its industry.

Employees need to be convinced that your business has a future and theirs is within it too. After that, they will be more likely to invest themselves in it fully. If your company’s prospects are tenuous daily, seeds of doubt may be planted, and staff may no longer view the business as something that can feasibly nurture their talents long-term.

Even during tough times, a brave face and stoic leadership are still required. You can be truthful about the pressures the business is under without causing feelings of hopelessness to immerge. In the end, the bleakest problems require the most creative solutions, and your firm mustn’t lose its motivational spark at any juncture.

Conclusion

You must always nurture talent with the employee’s perspective in mind. Engage with your workers regularly, source their honest opinions, and establish closer working relationships. After that, you can offer support with precision, enabling them to develop their skills and abilities more confidently under your leadership.

Stanley Gatero is a writer at Disrupt Magazine. He covers topics concerning technology, entrepreneurship, news, and sports. He is an avid traveler.

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