Pam Wasley is Co-founder & CEO of Cerius Executives and Cerius Advisors. She is a serial entrepreneur with multiple decades of knowledge and experience. She has personally sold companies, led a management buyout, and advised hundreds of companies on strategies for growth and higher shareholder value. Pam has served on several private boards and is a highly sought after speaker. She’s been featured in prestigious publications such as Forbes, Entrepreneur, Fortune, and Bloomberg Businessweek on the topics of mergers and acquisitions, the workforce of the future, and global contingent workforces.
If your business is currently hiring, this statement shouldn’t come as a shock to you, but talent is a big problem today. There aren’t enough qualified applicants currently on the market to fill all the positions that companies are looking to hire.
What can you do about it? My guest Pam Wasley says you need to really have a strategy for your talent … which means both new hires and current employees … and how to grow that talent long-term.
For most companies, talent is an afterthought when it comes to their strategy. They say, “Okay, what talent do we need to execute our strategy,” but as Pam explains in the episode, that’s backwards thinking.
Companies need to integrate their talent into their strategy conversation and start thinking about how to build their talent into a long-term asset to be more profitable.
This is a problem for many of the clients we work with, and we struggled with it ourselves starting out, but it can be solved without having to make expensive hires.
Companies are lacking a plan for growing their existing talent. Try identifying where your strengths and weaknesses are and then develop the talent you already have to fill those gaps.
Listen and learn how!
That was one of the nuggets from my conversation with Pam Wasley that stood out the most to me. Please let me know which stood out the most to you.
Thank you for listening today! I appreciate your time so very much.