Because of the Austin’s strong economy, the city often is seen as a prime place for startups and business expansion. John Hagel, chairman for the Deloitte Center for the Edge, spoke during the 2014 South by Southwest Interactive Conference saying one way for businesses to flourish is to focus redesigning their workplaces.
Hagel said he sees a paradox in the workplace between executives wanting to recruit talent and work environments being less than desirable.
“If talent is the top priority, why are the work environments so terrible?” Hagel said.
The Center for the Edge conducts research on corporate growth. Hagel said the way to resolve the conflicting points is through focusing on developing and nurturing talent once the company has it.
“The most important, the most powerful talent development doesn’t occur in a training room,” Hagel said. “I occurs day to day, on the job, in the work environment.”
The laid out three essential principles to help work environments support development, including creating an environment that focuses employees on the highest impact challenges, helping employees connect with each other more effectively to solve challenges and amplifying the affect of meeting new challenges and increased connectivity.
Hagel said this approach focuses on the performance improvement an employee can have in his or her job which will lead to talent development.
“Now it’s a much more powerful proposition,” Hagel said. “I get the performance improvement upfront and as a great byproduct, I’m developing my talent at a more rapid rate than anybody else is.”
Hagel also mentioned that another key factor in employee development and workplace efficiency is the passion of the individual. He said people who are passionate learn and develop faster.
“This passion, as important as it is, is not something that is isolated or rare but can be catalyzed, amplified and nurtured through workplace redesign, ” Hagel said.