CEO Talent Summit 2019: Takeaways

Attracting and retaining top talent: Key takeaways from the 2019 CEO Talent Summit...
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Lt. Gen (Ret.) Frank Kearney, Army Special Forces, shared his insights on recruiting and retaining high performers. “People want to be challenged…but if you don’t challenge them on the way in, they’re not likely to come back.” Takeaway: Your biggest weapon in the war for talent is your organizational reputation.
Wayne Cooper, Chief Executive Chairman, discussed the role of executive compensation in how to recruit and retain high performing leaders. He presented the Annual Executive Compensation Study results and demonstrated their impact on recruiting, retaining, motivating, and aligning high performing leaders. Takeaway: Improve your ability to compensate confidently, strategically and competitively to attract and retain the best executive talent.

Margaret Keane, CEO, Synchrony and Doug Sieg, Managed Partner at Lord Abbett, revealed talent management secrets that actually work, such as, diverse teams are more productive. You must ignite purpose, create loyalty, and build cohesive teams. Takeaway: As a company, you can’t just have a value. You have to live the value.

Bernard Banks (Retired Brigadier General) kicked off the second day of the summit talking about how to accelerate talent development in agile organizations. Takeaway: Managers and management play a big role in leader development, including mentorship, coaching and rewarding for intangibles.

Daniel Jacobs, CEO Avanoo, closed out day two with a discussion about how to ignite change and drive clarity in the midst of disruption. “We know culture is important. We know people are our medium to our long-term success,” said Jacobs. “But we don’t know what to do about it.” Takeaway: CEOs must bridge the gap between what they say and what employees hear by sharing their stories to ignite organizational change.

To be in the midst of these phenomenal leaders was an honor. I had the opportunity to share my insights on finding and building teams that are future-ready and the key factors needed to create and keep a great, high-performance team– talent, skills and community– using a new perspective. Takeaway: The only way to successfully navigate this is to come out of your silos and take an “all hands on deck” approach… which means all of the talented leaders who already know your company so well, communicating and working as a team, with HR. I recommend a collaboration core to anchor this, of your CEO, CFO, CHRO, and the Chief Comm Officer because the success or failure of any initiative hinges on clear, consistent communication.

To be in the midst of these phenomenal leaders was an honor. I had the opportunity to share my insights on finding and building teams that are future-ready and the key factors needed to create and keep a great, high-performance team– talent, skills and community– using a new perspective. Takeaway: The only way to successfully navigate this is to come out of your silos and take an “all hands on deck” approach… which means all of the talented leaders who already know your company so well, communicating and working as a team, with HR. I recommend a collaboration core to anchor this, of your CEO, CFO, CHRO, and the Chief Comm Officer because the success or failure of any initiative hinges on clear, consistent communication.

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