Can You Attract Top Talent?

by | Sep 10, 2024

ARTICLE | September 10, 2024

The longevity of a successful business is dependent upon its ability to attract and retain top talent. An organization that is neglecting investment in human capital is an organization that is neglecting its future. According to a 2023 survey, a record 75% of companies have reported difficulty finding talent needed to fill positions1. This means that top talent possesses the leverage to pick and choose between which firm to work.  In such a tight marketplace, winning and losing key personnel depends on how well your business is able to differentiate itself  from others and deliver on that promise. 


Through years of partnering with business leaders, our KHA Strategic Consulting team understands  what differentiates firms that fall into that 75% category from those who win top talent. There are 4 factors that attract key personnel:

  1. Have superior leadership. Leaders seek out other leaders. If there is strong leadership in your organization, talent will notice and want to join. Better leaders lead  to better questions which brings context, clarity, and conviction.
  2. Know how to stay successful in the marketplace. Firms that know how to define success and leverage their  current market position will inevitably attract key people. 
  3. Have a clear business strategy. A clear vision is compelling. There is power in knowing where you are going. Driven people will seek organizations that press hard into the future toward a clear purpose.
  4. Are adaptable. In the age of change, organizations that do not adapt die. To attract personnel who will be long term partners, adaptability must be a key focus for you, for them, and for your business. 

You cannot attract, develop, and keep leaders without these four things. Become a place where leaders want to work. Allow your current and future leaders to elevate discussions, decisions, and discipline by contacting KHA Strategic Consultants today. 

1 https://go.manpowergroup.com/talent-shortage 

Questions or Want to Talk?

Call us directly at 972.221.2500 (Flower Mound) or 940.591.9300 (Denton), or complete the form below and we’ll contact you to discuss your specific situation.
  • Should be Empty:
  • Topic Name:

Bake’s Takes Volume 1, Issue 7

Dive into the world of strategic consulting with Jonny Baker’s “Bake’s Takes”, featuring a careful selection of insightful reads from the fields of team dynamics, conflict resolution, and decision-making. This edition explores the true meaning of teamwork, the importance of healthy conflict in management, and introduces the innovative “RAPID” decision-making method. A rich resource for leaders seeking to create vision, alignment, and execution.

Are you a CEO or a Firefighter?

Are you a business owner stuck in the firefighting mode, rushing from one crisis to another? Discover how KHA Strategic Consultants can help you transition from a reactive approach to proactive strategic planning.

Bakes Takes Volume 1, Issue 6

Explore the top three reads recommended by KHA Consulting’s Jonny Baker in this month’s Bake’s Takes. From understanding how new CEOs establish trust, to leveraging your strengths for greater impact, and spotting talent in the modern era, these articles offer essential insights for today’s leaders. Don’t miss out on these refreshing perspectives designed to push your thinking and enhance your leadership effectiveness.

Accounts Payable Strategies and Best Practices

Efficient accounts payable management isn’t just about paying bills—it can directly impact your business’s financial health and growth. From digital tools for invoice processing to robust internal controls for fraud prevention, this article covers everything you need to know.

The Unseen Complexities of Lease Accounting

Discover the complexities of lease accounting and the crucial role of a professional CPA in navigating these challenges in this video. Learn about the new standards of ASC 842, how it’s changing how leases are recorded, and why it’s so important to get it right.

Action Produces Results

Well-intentioned plans often fail but a shift in mindset can improve business operations. KHA is for leaders yearning for genuine transformation.

IRS Reopens Voluntary Disclosure Program for Erroneous ERC Claims

The IRS is reopening a Voluntary Disclosure Program related to improper claims for the Employee Retention Credit (ERC). Simultaneously, it continues to increase audits and enforcement action related to these claims. IRS is also in the process of reclaiming up to 30,000 credits already paid.

Rowing in Different Directions?

The success of any team lies in its alignment, be it in business or on a boat. Learn how KHA’s advisors can help your team function like a well-coordinated crew.

Bakes Takes Volume 1, Issue 5

Jonny Baker’s ‘Bake’s Takes’ for August 2024 brings together three insightful reads that every leader should explore. Learn about the value of project management, the importance of identifying and developing core competencies, and the art of effective networking. These articles will provide you with the tools and insights required to excel in today’s challenging business environment.

ERC Claims Under Scrutiny: Red Flags And Preparation

The IRS has resumed processing claims for the employee retention credit but with increased scrutiny. This video provides an overview of common red flags, such as overclaiming and incorrect reporting of wages, that are resulting in greater scrutiny. Learn about the red flags and what to do if your ERC claim may be erroneous.