Yes, you read the title correctly. R & D is the key to getting Top Talent in your organization. Research and Development is only half right with my version of R & D. The new version of R & D is Recruit and Develop. I borrowed this term from college football. During the major recruiting event of the year ( First Wednesday in the month of February), several coaches were talking about the dual importance of getting the “best” prospects to sign on – yet, it was the coaches responsibility to Develop the talent during their tenure on campus.
What a great analogy for all organizations to follow. First, recruit the “best” potential people for your company. And second, Develop the talent to the next level of performance and productivity. Interestingly, this seems to fit the methods used by the top companies. You know the ones that are ranked in both “Best Place to Work” and the “Top Performing Companies” lists. (more…)