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Top reasons to invest in construction talent management

11th August 2017 | Richard Goodall

Top reasons to invest in construction talent management

The construction sector is competitive and so to ensure your company’s growth, you need to retain the best staff and secure a concrete plan for construction talent management, within your firm. The Government’s recent Immigration Bill aims to ensure that British businesses have access to sufficient levels of EU workers or major construction projects will have to be halted. The Government has not set out what our post-Brexit immigration system will look like, but it is crucial that key strategic industries, such as construction, can draw upon sufficient numbers of EU workers. However, with the future of recruitment sources unsteady, it’s imperative to have a solid construction talent management plan. We’ve put together a list of the reasons as to why you should implement a robust talent management program… Increase staff confidence If employees feel as though they are on board with the talent management practices of the company, they are more inclined to believe in the vision of the organisation. If employees feel included and understand the goals of the company they work for, they are more likely to be engaged and committed to doing the best job. Moreover, your talent management activities can also determine to what degree […]

The construction sector is competitive and so to ensure your company’s growth, you need to retain the best staff and secure a concrete plan for construction talent management, within your firm.

The Government’s recent Immigration Bill aims to ensure that British businesses have access to sufficient levels of EU workers or major construction projects will have to be halted. The Government has not set out what our post-Brexit immigration system will look like, but it is crucial that key strategic industries, such as construction, can draw upon sufficient numbers of EU workers.
However, with the future of recruitment sources unsteady, it’s imperative to have a solid construction talent management plan. We’ve put together a list of the reasons as to why you should implement a robust talent management program…

Increase staff confidence

If employees feel as though they are on board with the talent management practices of the company, they are more inclined to believe in the vision of the organisation. If employees feel included and understand the goals of the company they work for, they are more likely to be engaged and committed to doing the best job.
Moreover, your talent management activities can also determine to what degree your employees understand how they fit into their organisations as well as feeling part of the culture.

Ensure the right person is in the right role

Construction talent management creates a focus on people’s skills set and strengths meaning you are better able to place them in the correct positions. Through putting employees in their more suited roles, you can better map what areas are lacking in talent within your business and the departments that may need increased recruitment efforts. Additionally, employees will usually have an increased job satisfaction, when in the most appropriate role, ultimately increasing productivity.

Close skills gaps

Construction talent management will also highlight the difference between those excelling within their roles, and those that are not. Through focusing on how employees each strive to reach goals, take on extra work and aim to achieve better results, you will often gain a better understanding of those who should be targeted for succession planning and management schemes. These are often the people businesses should focus on moving into higher roles and developing to be future leaders.

Encourage retention

Providing a transparent system of hierarchies can help employees to understand the business and the way it is run. This encourages employees to stay within your firm as they will be able to see what is required to progress into a higher role and demonstrates the types of work and attitudes that are awarded promotions. Typically, employees want a clear performance management system and a career path to follow.
Additionally, you will have a better chance of retaining top talent, which is crucial as you don’t want to lose your best people to your competitors. Through ensuring you have a secure construction talent management system you can focus on retention programs and strategies, while also developing your staff.

Develop understanding of your staff

Employee assessments give a greater insight into your team and how they are performing. This can help you plan their development through a better understanding of their needs and where their career aspirations lie compared to their strength and weaknesses.

You will make better decisions

Construction talent management will not only help your staff, but it will also assist the business in making better professional decisions. When you become to recognise which employees have excellent potential, the business and board are more likely to see the value in investing in their future and professional development, to align their skills with your company vision.
Moreover, you will also make fewer hiring mistakes as construction talent management programmes can implement assessments as part of the recruitment process, leading to better and more effective selections.
To the ensure future of recruitment within the industry, now is the time to implement an active construction talent management programme. Not only will it ensure you are retaining the top talent, but it will also help to make sure that you are nurturing entry level staff, encouraging them to work to the best of their ability and secure their position in your succession plans.

At Goodall Brazier, we can advise the best route for analysing your construction talent management strategy and provide advice on how to better manage your existing team to get the most out of them. Contact us now to find out how we can provide talent management solutions that will benefit your entire organisation.