Recently we looked at two different approaches to developing talent:  paying premiums in compensation packages and investing in a strong internal culture. 

Yesterday  John Mack, Chairman and CEO of Morgan Stanley told his shareholders that he has to pay employees well to keep top talent and grow the business, but he doesn’t see the ability to sustain that into the future.  (more…)

It’s common to think of top talent as people who are just plain smarter than the rest, the really bright people who stand out.  There are obviously some linkages, but they aren’t as hard and fast as they first appear.  Smart people who don’t really apply themselves can’t be classified as top talent.   There is also a case for different talents, not all of which are cognitive.  One reason for the interest in Daniel Goleman’s notion of emotional intelligence is because he explained how many top achievers differentiate themselves because of a particular form of social intelligence or personal mastery, not because of traditional measures of IQ or intelligence.

New discoveries in brain science seem to greet us almost every day.  How the mind and brain work is a fascinating field that just gets more interesting with each new discovery. 

We’re learning about different types of memory, the different regions of the brain where they are stored or accessed, (more…)

What kind of companies tend to keep top talent?  Those that pay a lot or are leaders in their field?  What about those who have an engaging culture?  Let’s take a moment to look at both of those possible answers and see what part culture plays in attracting, developing and retaining top talent. (more…)

I see a lot of hand-wringing going on around me these days.  “What will happen in the economy?”  “When will things get better?”  The causes for worry and uncertainty are endless, but I have a simple way to respond.

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Is anyone out there scratching your head trying to remember the last time you were in a “strategy meeting”?  For most readers of this blog, the problem is not that you are rarely in a strategic situation, but that you probably don’t recognize it as often as you should.

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 One of the first people in American business to be paid a salary of a million dollars a year as a professional manager was Charles Schwab.  He was picked by Andrew Carnegie to be the President of United States Steel in 1921 when he was 38 years old.   Why did Andrew Carnegie pay a million dollars a year to Charles Schwab?  

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