If you want to attract the best people to your company, it’s not difficult. It just requires the courage and resolve. Here are the four things that you can do to make sure you are attracting the best and that you are retaining them.
Monthly Archives: Thursday April 28th, 2022
Retain Just the Best
You want to retain just the best in your organization.
Why?
Retention, per se, is no business objective. It is retaining the best that counts, even in the tightest of labor markets.
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Don’t be a Japanologist
Japan-fatigue is real and can be fatal to your success and career. Don’t try to explain how Japan is different to executives in your head office. While such conversations are great for dinner parties, talks with students, and war stories with friends, unless executives in your head office are interested in Japanology as a hobby, it’s best to leave Japanology to academics. Executives will find discussions only frustrating and tedious.
Your Own Worst Enemy
Businesses can be their own worst enemies when business process supplants business thinking.
The CEO of a large industrial American company in Japan told me of difficulties he faces in buying from a division of a large Japanese industrial company, not because of a lack of will to sell on their part, but rather unnecessary and burdensome bureaucratic processes that were designed to meet Japanese government procurement requirements, the division’s primary customer. Quality control processes at the Japanese seller company were impractical and far beyond what the American company required, while lead-times and costs were excessive. Adherence to process, no matter how inappropriate, dominated thinking.
