A recent survey by Executive Development Associates (EDA) highlighted the importance of
building bench strength. For example, ”lack of bench strength” was identified as the second most influential factor impacting executive development (after economic conditions), and “increasing bench strength” was the top key objective in executive development.
In his book How The Mighty Fall: And Why Some Companies Never Give In, Jim Collins clearly
connects the dots between bench strength and maintaining a competitive position in business, "If I were to pick one marker above all others to use as a warning sign, it would be a declining proportion
of key seats filled with the right people".
Getting high potentials ready is a major part of the bench strength equation. Respondents in the EDA survey placed much greater emphasis on the identification and development of high potentials in the 2009 survey than in any of the prior surveys.
LeMaSa noticed the same priority in the client organistions where we work and found that most organisations find the Talent/acceleration Pool approach worthwhile in developing high-potential and other employees to increase their bench strength.
Building relationships is a fundamental tool for the success of every career and business. A healthy and successful connection with people at work depends on how a relationship is managed. In handling a relationship, it must be a mutual effort to keep it intact.
No relationship survives without ever having to deal with arguments and confli cts. Even at work, business relationships are tested by the differences among individuals.
For managers to be proactive in building relationships with their direct reports, they need to show interest in people. This entails asking direct reports how they are doing, what they are working on, what their concerns are, what their ideas are on a certain project or task, etc.
Learning more about each other at work regardless o f the de signation leads to the growth of a healthy relationship. It is not just the managers or superiors who are required to reach out to the members but the manner should be vice-versa. Each working individual should find time to interact with the people in the workplace because a mutually proactive and dynamic work environment will contribute to the success of each and everyone in the business.
Relationships truly provide the glue that enables bridges in the work environment and interpersonal skills enable those relationships. Do your employees have the necessary interpersonal skills to enable effective relationships?