Talent Strategy

Question 1

What is the trade-off when managing creative people?

Answer 1

• Creative work is inherently chaotic and unpredictable
• Low stability and high challenge results in an angry workforce whereas the opposite results in a stagnant workforce
• We ideally want high stability and high challenge so that workers are motivated to get stuck in to their work

Question 2

What is self-leadership?

Answer 2

• Self Awareness
• Self reflection
• Self resolution

Question 3

What are the 4 ways of building an innovative team?

Answer 3

1. Hire for mission
2. Physiological safety
3. Create diversity
4. Teamwork

Question 4

What innovative practices have the British Army and Commonwealth Bank of Australia used to hire the best talent?

Answer 4

• Both have used VR headsets to give prospective job applicants a taste of what it would be like to work there

Question 5

What recruiting methods do Amazon, McDonald’s and Goldman Sachs use?

Answer 5

• Alternate Site Recruiting

- Video interviews

Question 6

How has entrepreneurialism and innovation impacted the talent & recruitment side of a business?

Answer 6

• Increased engagement with younger audience, allowing for targeting of certain demographics
• More amenable and motivated candidates