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The Stuff of a Winning Organization
Written by: Leonard ScottArticle Overview: The company that secures the best people, motivates them most effectively, and nurtures their creativity will surpass its competitors in the marketplace. The success of this kind of company is assured.
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The Stuff of a Winning Organization
Sustained rapid company growth requires a human resources
program characterized by certain approaches and philosophies. In the first,
place, the best top management team in terms of proven performance records that
can be secured should be put in place through outside recruiting and internal
development and advancement. This team should consist of executives with High
Achievement Motivation which can be tested for by various test instruments
including The Achievement Motivation Inventory and the Achieving Tendency
Scale. A baseball analogy is appropriate here. Which major league team has the
best record in baseball? Answer: The New York Yankees. They have won 26 World
Series, 16 more than the runner up St. Louis Cardinals. Why have the Yankees
been so successful? The answer is found in the philosophy of the Yankees’
current owner, George Steinbrenner, which is also reflective of the philosophy
of past Yankee owners: “I want this team to win. I’m obsessed with winning,
with discipline, with achieving. That’s what this country‘s all about.” Just as the Yankees have consistently
fielded the best players, so also should a company field the best managers.
How did the Yankees get these top players? They paid for
them. The Yankees’ payroll is the largest in baseball by a significant amount.
In my experience, the top companies’ compensation policies are such that they
can secure the top business “players”, keep the ones they already have on
board, and motivate all of them to extraordinary levels of performance. You get
and keep what you pay for!
Many small to mid-sized firms believe that they can’t secure
these top business players. They feel they are too small or too
unsophisticated. Not so. Small to mid-sized firms can secure these top
executive resources if they try to go after them. Often, highly accomplished
executives are blocked in their large corporations and wish to move to smaller
firms where they can shine, imprint an organization with the innovations they
have been incubating for years, and secure equity by helping to take the firm
to a leadership position in its industry. But how does a small to mid-sized
firm secure these top performers? First, it should set up compensation ranges
reflective of firms its size and firms much larger, perhaps five times larger.
This will provide the compensation leeway to attract top executives from much
larger firms. Second, it should employ on a continuing basis an hourly fee
executive recruiter to search out and present these top “players” to
management. This approach to executive search is much more cost effective than
using fixed fee executive search firms on an individual assignment by
assignment basis. The in-house human resources person just does not have the
time, know how, or independence to perform this executive search activity.
The leadership philosophy and corporate culture that will
best motivate top executive “players” is one in which performance is more
important than politics. With respect to personal and career growth, the
appropriate corporate culture should include a policy of growing the
“growables” and helping those who become obsolete and/or fail to meet
performance objectives to move on.
In this “winning” corporate environment, executives should
be encouraged to work for consensus on important decisions and to speak their
minds without fear of recrimination. The only reason an executive or any
employee should fear losing his/her job is failure to perform. Above all, all
employees must be motivated to commit to a business philosophy in which all
efforts are aimed at satisfying the needs of the customer in the marketplace,
creating new customers, and constantly improving themselves. They must be given
an environment in which they find hard work enjoyable and financially
beneficial and winning a common experience.
With respect to rank and file employees, management behavior
must be such that they are convinced that they can trust management and that
their goals and those of the company as a whole are the same. This kind of
management behavior is characterized by the following:
—Effective communications up and down the organization.
—Encouragement of employees to speak their minds.
—No favoritism.
—Showing and individualized concern for every employee.
—Setting goals, paying for performance, and providing the
opportunity for continuity of employment.
—Providing the best equipment and a pleasant working
environment.
—Screening new employees carefully.
—Developing employees to highest potential.
Simply stated, the company that secures the best people,
motivates them most effectively, and nurtures their creativity will surpass its
competitors in the marketplace. The success of this kind of company is assured.
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About the Author: Leonard Scott RSS for Leonard's articles - Visit Leonard's website A human resources professional with more than twenty-five years in the field, Leonard Scott has established competitive advantage work forces at companies which enabled them to become industry leaders, has provided executive search services to firms seeking to build high performance executive teams so as to accelerate their growth rate and leapfrog over competitors, and has worked with firms to maintain their union-free status. His watchwords are: professionalism, making things happen, and exceeding client expectations. His consulting assignments do not result in numerous meetings and voluminous reports but in significantly improved metrics, teamwork, and leadership effectiveness. He has worked in top human resource executive positions at major corporations, at highly successful entrepreneurial companies, and at major national consulting firms. His articles have appeared in major business journals and national publications. He teaches business and management at the college level. Consult his website: www.lenscottandcompany.com for his client list, programs, and testimonials. Click here to visit Leonard's website The Stuff of a Winning Organization How To Build A TurboCharged Sales Force Productivity Wages and Prices Whats This About A Progressive High Motivation Wage Payment Plan Establishing A High Motivation Human Resources Program |
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