Winning the Talent Wars

Larry Bonfante, CIO, United States Tennis Association | 12/17/2012 | 60 comments

Larry Bonfante
It is my firm belief that the only long-term, competitive advantage any company can have is the talents and passion of its people. People are truly the most important asset an organization has. Yet many companies don't make a concerted effort to make sure their people feel valued. This is a huge mistake with major consequences.

My company, the USTA, is a not-for-profit organization in Westchester County, N.Y. From my office window, I can throw a stone and hit Avon, Pepsi, IBM, Starwoods, and ITT, just to name a few of the Fortune 500 companies in our neighborhood. All of these companies can pay my people more than I can for the same job. Yet, in the almost 11 years that I've been at the USTA, we've only lost one employee who we wanted to keep. How have we accomplished such a great retention rate?

First of all, we have worked hard to develop a team culture. People feel a part of something bigger than themselves. We have tried to develop an esprit de corps where people enjoy the work they do, and perhaps more importantly, the people they work with, to accomplish their jobs. We have also tried to help people connect the dots between what they do and the mission of the organization. Therefore, our DBA isn't working with SQL server; he's helping to grow tennis participation in the United States.

We've also empowered people to do as much as they can. We don't limit employees' contributions to their job descriptions. We try to find new ways that people can innovate and contribute. When we decided to investigate cloud computing a few years back, we had an application developer assemble a cross-functional team to look at the opportunity and recommend what we should do as an organization.

This was outside of their day-to-day responsibilities, and they learned a lot about a new technology. The bottom line was they made a recommendation that allowed us to save 70 percent on hosting our back-end systems. It was a huge win for the organization, but also very rewarding for the people involved. (By the way, the one person we did lose was the guy who led this team. Amazon was so impressed with him that they offered him 50 percent more than we were paying him!)

We also get our people involved in projects outside of IT. Two of my senior staff led major volunteer task forces last year, and one of my people is the program manager for the most important business imitative the association currently has under way. All of these people are being stretched and doing more than just contributing to the IT team. They are helping to drive tangible change for our business.

We also try to make sure our people get recognized for their accomplishments. I don't believe in a system where one employee is more important than the rest. I always tell my team that we are peers and colleagues. They can and do approach me as a member of their team, not as "the boss." They know and I know that any success we've had is due to the contributions of the team. When we won the CIO 100 award last year, we celebrated it as a team award, not as recognition of one person's leadership.

My mantra is that success is a team sport. That's how we play the game and that's how we've developed a culture where people feel good about the work they do, the contributions they make, and the dynamic we've developed.

What do you do to ensure that you are retaining your high performers? I'd be interested to learn about your best-practices.

View Comments: Newest First | Oldest First | Threaded View
<<   <   Page 2 / 6   >   >>
The_Phil   Winning the Talent Wars   12/27/2012 12:12:51 PM
Re: Team Sport
It is. The good ol times of hip hop.

 
Hospice_Houngbo   Winning the Talent Wars   12/27/2012 11:24:41 AM
Re: there is more than monetary gain
@SaneIT,

"No workplace will ever be perfect for everyone"

You are right. There is always a tradeoff between job security and salary or wages. If you are working in a secure environment and your salary is garanteed every month and it is enough for you to have a decent life, I think you should not complain.
Hospice_Houngbo   Winning the Talent Wars   12/27/2012 11:14:46 AM
Re: there is more than monetary gain
@tinym,

"Did your lower-paying job end up being the better choice longterm?"

Good question. The most enjoyable job is the one that lets you have enough time for yourself and your family, while providing you with the necessary means of living (subsitence).
SaneIT   Winning the Talent Wars   12/26/2012 7:48:15 AM
Re: there is more than monetary gain
Oh without a doubt.  In general the people I work with are great, sure there are demanding days but over all the work load is just about right, the pay isn't great but it's good enough that when factored in with the other benefits it's not enough to make me leave.  I think employers need to take an honest assessment of their workplace and all of it's dysfunction.  No workplace will ever be perfect for everyone but they can do a lot to smooth out the bumps well enough to keep talent from looking for better options.
freespiritny25   Winning the Talent Wars   12/24/2012 3:33:49 PM
Re: there is more than monetary gain
@tinym I suppose it does feel more rewarding to receive a big hike in pay, than many, small hikes in pay. I guess it depends on the individual.
freespiritny25   Winning the Talent Wars   12/24/2012 3:31:56 PM
Re: there is more than monetary gain
@Sane It, I agree. Sometimes, there are other factors besides salary that is the glue to staying at a job.
freespiritny25   Winning the Talent Wars   12/24/2012 3:30:53 PM
Re: there is more than monetary gain
@angelfuego, I've shared an experience that was similar to the experience your friend had. It is frustrating.
angelfuego   Winning the Talent Wars   12/24/2012 2:03:42 PM
Re: there is more than monetary gain
@tinym, Preparation and research can help sometimes. It is good to go into an interview having a general idea of the typical salary of a person in that piston, especially if the salary is not posted. However, salaries for given jobs can vary among companies and various cities. I think it is unfair for job postings to just state that the salary is competitive. I find that most of the companies that just state they have competitive salaries are usually a low salary and not competitive at all. It is false advertisement and misleading to the candidate. It can be a waste of time for the candidate to show up for an interview for him/her to unknowingly show up to an interview for a job that cannot pay cover average living expenses. A friend of mine went on an interview to work at a nursery school. The job required a BA and the school supposedly offered a competitive salary. After getting dressed and worked up for the interview, only to find out out at the end of the interview that the pay was minimum wage.. While salary can be somewhat determined or dependent on experience, a general ball park figure should be advertised before the interview.
SaneIT   Winning the Talent Wars   12/24/2012 11:34:41 AM
Re: there is more than monetary gain
I've been at the newer job roughly six years now. I think it's safe to say that it was a better choice in the long run. I probably would have burned out completely and left the IT field had I stayed at the previous job.  I enjoy where I am now, even if budgets are smaller, but even at this job there are issues that need to be addressed.  The difference is that the executive management team at least appears to be concerned about it.
SaneIT   Winning the Talent Wars   12/24/2012 10:59:22 AM
Re: there is more than monetary gain
That's why I mentioned truly anonymous. I've seen surveys go out that claim to be anonymous but it was obvious that answering just a handful of questions would give a very good idea of who answered the survey.  Cases like that are more insulting to employees than ignoring them.
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