It’s no secret that building a people pipeline is difficult. Is it harder today, or have people changed?
- Are we more cash-flush?
- Have we returned to the days of the ‘one wage earner’ per family?
- Has inflation been wiped out so our purchase power is maximized?
- Do we treat our people at least as well as we treat ourselves?
- Are our work expectations too high?
Based on my decades of experience, not much has changed.
- People are the engine that generates cash, profit, and growth
- Leaders and managers must work together rather than have power struggles
- There will always be slackers and power producers; what matters is you
- Technology has always existed in business
- People should be challenged, developed, rewarded, and respected
Whether you are a business owner, a business leader, or a manager, there is one proactive step you can take today to build your people pipeline: Identify your successor.
The lessons you learn from doing so will revolutionize your business. Your thinking will change, ideas will flow rapidly, and new life will be breathed into you.