Getting into the Talent Mindset, with Stacy Feiner

hosted by: David Mariano, Director and head

of the firm’s Buy-Side advisory practice

Getting into the Talent Mindset, with Stacy Feiner

Every business owner knows that their companies will run better and be more valuable if they can attract and retain the best people, but many don’t know where to start.

Our guest today is Dr. Stacy Feiner, PhD, author and Director of Management Consulting at BDO in Cleveland. Stacy’s passion is talent management and she’s here to discuss how to begin to build and manage a strong team for your business.

Key questions in this episode:

* Why is the people part of business so difficult?

* Why is it so hard for business owners to build a strong bench of talent?

* When you want to create an impactful talent management system, where do you start (at 10:17)?

* What are the unequivocal expectations for your business?

* What should you do if you know you’re not the right person to handle talent management?

* How long does it take to implement a talent management system?

* What could happen to a business if an owner doesn’t focus on talent management?

Key points in this episode:

* The two components you want for your business to run effectively.

* Why it’s important to address the issues that your employees are (and sometimes are not) talking about.

* How your business effects your employees and how that can impact the community.

* The Three Corridors.

* How to tell if a business owner is detached (at 19:58).

* Nine components for creating an effective talent management process.

* Why a talent inventory gives an owner the most valuable information.

Resources mentioned in this podcast

* Click here for access to training and templates

* BDO International

* Talent Mindset, by Stacy Feiner

* Wikipedia entry on time management, see Eisenhower’s quadrant section

* Dr. Stacy Feiner’s website

Listen to Fully Invested below: