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Why Identifying Individual Talents is Important to Your Company

why-identifying-individual-talents-is-important-to-your-companyBusiness leaders are tasked with managing people to achieve business success. Initially, this responsibility includes creating and/or supervising teams of employees. However, in order to guide co-workers and achieve company goals, leaders must identify individual talents in employees.

What Makes a Team Successful? 

Successful teams are comprised of many personalities, as well as various types of experience, talent, dedication, communication skills, and other proficiencies. Meanwhile, successful managers create teams of employees whose skills and personalities complement each other. This fosters both team spirit and success! 

This strategy is one of several ways a company can motivate its best employees to become leaders.

Managers at startups, small businesses, and large corporations lead, nurture and motivate employees to embrace new challenges and experiences. At the same time, these organizations need to promote creativity and an environment that embraces feedback, ownership, and teamwork.

Why Identifying Individual Talents is so Important.

Identifying individual talents allow companies to discover employee proficiencies that may be previously unknown. After all, an employee may receive high grades for their current job duties, yet their skills may be vastly underutilized. Or, the right balance of talent and temper may increase productivity.

In conclusion, companies that are not invested in employee talent identification are likely losing potential profits and productivity. That’s why identifying employee talents should be incorporated into every company’s talent management practices.

What Are Examples of Underutilized or Hidden Employee Talents?

Some employee talents may be visible daily, but these skills may not be an official part of their job responsibilities – for example, leadership. Other talents such as speaking multiple languages or public speaking may also be hidden.

How Identifying Individual Talents Can Impact Your Team

  • Happy employees increase job retention
  • Motivated employees invested in the outcome of projects and company initiatives which increase production
  • Successful employees allow companies to create a successful company culture and attract top talent

Tips for Identifying Individual Talents

  • Self-assessments
  • 360 Assessments
  • Personality testing
  • Open door policy for managers

To sum up, a manager’s job is to identify in-house talent and create environments where employees can flourish, allowing executives to transform increased production into increased profits. Is your company maximizing employee talent?  

13 Ways to Motivate Your Team to Become Leaders

We have trained thousands of individuals in organizations to prepare them for the leadership roles of tomorrow. This technique was just one of the thirteen ways you can begin to inspire your key employees to become leaders.  

Interested in learning all thirteen ways to motivate your team to become leaders? Click here. 

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