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"There are three challenges that stand in the way of innovation and growth: lack of available talent, the need for business models more accommodating to innovation, and protectionist reflexes. Executives agree that greater efforts at collaboration can make a difference.?
This quote was captured from the Smart Planet article, Innovation is Hard Work These Days, Business Leaders Admit. ?Herein, the author presents the findings from a recent GE commissioned study to define the current business sustainability barriers and the optimum path forward. ?Led by professional consulting firm, StrategyOne, the guidance offers insights for implementing innovation strategies. ?Among its top three elements to consider include:
- The ability to understand customers and anticipate market evolutions?
- The ability to attract and retain innovative people?
- The ability to develop new technology?
While these may seem extremely obvious, the implementation of each element of this ?tree-leg? strategy can be very challenging. ?For this post, our sustainability consulting will focus on the development and retention of resources. ?As a company?s most precious resource, we offer our own perspective.
To meet the challenges of a competitive job market, progressive business leaders are focused on retaining their organization?s existing sustainable competencies rather than simply acquiring new skills.? Our sustainability consulting practice finds many talent managers are utilizing internal ?sustainable? resource development as one such path.??Some noted areas of focus include:
- Tap into the growing enthusiasm for sustainability within the business.?
- Link business value and sustainability in all work activities and projects.?
- Challenge each individual to?engage?in business sustainability programs through their current roles.?
- Create training and?development?programs aligned with business sustainability improvement.?
- Create job advancement and promotional opportunities through applied sustainability concepts and business improvement.?
Highly effective organizations in the current climate recognize that the talent of the future does not exclusively, or even in a large part, reside outside the walls of the current organization.? Instead, these leaders are creating business sustainability cultures which identify, retain, and motivate their top internal eco-talent.? Through clear communication and active employee engagement, companies are creating an optimal mix of sustainable skills for the future.?
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