... developing "Talented Organisations and building "Innovation Capability"

 

GatleyHall - meeting today's challenges

GatleyHall is helping organisations succeed in a rapidly changing world by working with them to develop their talent and innovation capability .

Talented Organisations

Talent is a key differentiator between organisations. So...

  • How well are you doing at attracting new talent? McKinsey predict that demand will increase by 25% over the next 15 years while supply will fall by 20% in the same period!
  • Are you able to retain talented staff? A recent study shows that turnover in this group is rising fast based on disatisfaction with their current employment and the desire to challenge themselves.
  • Do you have the right mix of skills? A study of successful organisations identified common key capabilities: adaptive and creative leadership; virtual teamworking; fast and continuous learning; and the ability to work collaboratively to rapidly produce innovative products and services.

McKinsey's research found that organisations which excel in managing their talent achieved a total return for shareholder that was 22% higher than their industry average!

Innovation Capability

In the November Harvard Business Review, Ros Kanter provides some key tips for organisations approaching innovation. She suggests:

  • Invest in a portfolio of projects with a mix of big ideas to incremental innovations
  • Business processes need to be flexible to deal with the unexpected and controls light enough not to stifle innovation
  • Innovation requires excellent collaboration (internally and externally) so develop these skills in your staff

Read more here

Creating successful organisations

Tom Peters has just set out the 4 key things he has learned in 40 years study of organisations. He describes these attributes as part of his commentary of Carly Foirina's recent autobiography. He states that successful organisations

  • have a decentralised management structure
  • focus on implementation
  • hold themselves accountable
  • are more motivated than their peers

How does your organisation and your competitors measure against this model?