...Retaining your talent.
Jason Calacanis serves up some compelling food for thought here:
"Amanda has printed her back and forth with her former partner Andrew Baron--it's really sad. This is a text-book example of how not to treat your talent (and frankly, how not to respond when you're treated bad). The whole thing is a mess and everyone winds up losing.
Regardless, there are some great lessons here for business folks. When you're on the business side your job is to:
1. Keep talented folks focused on making great product.
2. Get talented people paid (so they can focus on making great product)
3. Let talented people grow and support the hell out of them (so they can focus on making great product)
4. Make talented people feel comfortable that they are not going to get screwed (so they can focus on making great product)
5. Make a bunch of money (so talented folks can get more money and get more focused on making great product)"
As Jason eludes, I think this development goes beyond the blogoshphere to a basic truth that we see in a competitive marketplace. Finding talent is tough. Keeping it can be even tougher. Is it any surprise that Amanda is moving her career forward despite that she's been "fired"? A co-worker and I were chatting about this scenario last week before it even happened. We mused about how long it would take for Amanda to go primetime–I mentioned how I could easily envision her hosting something like a Daily Show. Amanda just has "it". It is that thing–that separates her from everyone else. The talent which is hard to describe, but you know it when you see it. It was difficult not to want to watch Amanda–she has that kind of screen presence.
But it's not all about the glamour here–and I'm not talking about prima donnas. Think about the teams that you manage who create, write, develop and build engaging interactive experiences. Think about skills like the ability to tell engaging stories. A talent for finding out what really motivates customers. A sheer gift for visual or multimedia design. Maybe even an instinct for fresh ideas and thinking. Think about the talent that surrounds you on a daily basis–and what motivates these kinds of individuals. Think about the challenges they crave and the rewards they seek. Think about how good (or maybe not so good) you have it with a talented team at your disposal.
Think about how you can serve your team.