Resource Management Best Practice 1 – Attract the Best with Accountability
In today’s competitive environment, it is no longer good enough to offer employees a good place to work. Rather, it is imperative a company creates a work environment where the best want to work. Only when such an environment exists will a company attract and retain the most knowledgeable, skilled, and accomplished employees; who in-turn will effectively execute its activities and make it a viable competitor in an increasingly aggressive marketplace.[wcm_restrict plans=”40887, 25542, 25653″]
Accountability makes a workplace the place where the best performers want to be because of a shared drive for excellence. These organizations, through the individual and collective behaviors of their people, continuously and consequentially pursue performance improvement and achievement of the organization’s mission. The best performers, motivated by one or more of a variety of rewards such as contribution, recognition, advancement, compensation, and control, seek out highly accountable organizations because these organizations feed their motivations while at the same time presenting them with the challenge to continually improve.
In less accountable organizations, rewards are often disseminated on an other than performance basis. Subsequently, high achievers will leave less accountable organizations because their accomplishments are not duly rewarded nor their motivations satisfied. Organizations having low accountability will have difficulty attracting and will not retain high performers unless circumstances outside the organization compel these individuals to join and stay. Thus, the level of an organization’s accountability will determine the caliber of the individuals associated with it.[/wcm_restrict][wcm_nonmember plans=”40887, 25542, 25653″]
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Additional Resources
StrategyDriven contributors recommend the following resource that elaborate or compliment the Attract the Best with Accountability best practice:
by Jim Collins
About the Author
Nathan Ives is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.