In the realm of college athletics today, the advent of NIL (Name, Image, Likeness) has led coaches to repeatedly emphasize the need not only to recruit fresh players but also to secure their existing ones before they’re lured away by rival teams. This principle resonates in the business world as well. While sourcing talent poses its own challenges, the task of retaining that talent might even be more formidable.
The pursuit of talent retention encompasses a broad spectrum – from the nature of work and work location to professional growth, mentorship, performance assessments, cultural alignment and an array of other factors. Within this domain, our focus here is primarily on the aspect of work. It involves identifying roles that are a perfect fit for both the employee and the employer, forming what we refer to as the “golden triangle.” This triangle represents the convergence of tasks that align with the employee’s strengths and passions, while concurrently delivering value to the company. It’s important to note that this configuration is distinctive for each organization. However, a common thread lies in recognizing and reevaluating non-value-added aspects that impact both the company and its employees. Thoroughly addressing these elements ensures that individuals are assigned tasks that reflect their optimal skills, resulting in a mutually rewarding experience for all parties involved.
Oftentimes, this principle becomes particularly evident during digital transformation initiatives. Mundane tasks that consume valuable time can emerge as bottlenecks that hinder productivity. The solution often lies in automation, liberating employees from these routine tasks and allowing them to channel their efforts into more impactful activities that enhance the company’s value proposition. For a more detailed exploration of how our digital transformation team has assisted construction companies in this context read Digital Transformation in Construction.
About Schneider Downs Construction Services
Led by a diverse group of shareholders and managers, Schneider Downs provides strategic and practical solutions for our construction clients in all facets of their business. Our dedicated team of more than 350 professionals have a wide background of tax, accounting, technological and business experience in the region, specifically in Pittsburgh and Columbus.
To learn more, visit our Construction Industry Group page.
