Tuesday, April 20, 2010

Beware the Slippery Slope


Your competitor has talent on his roster. Talent, which you think would look good on your side. So, you decide to make a pitch. You invite the coveted “talent” for coffee and suggest that the grass is greener.

Surprise, the “talent” says he is very satisfied with his current position and that he has no intention of leaving.

Now what?

Guaranteed that the “talent “ is going to report the recruitment and any proprietary information that you divulged back to his Boss. By attempting to lure the “talent” you are suggesting to the market that you current roster needs improvements (not good for staff morale) Moreover, the door is now wide open for the competitor to come after your staff.

Whoops, you’ve just clamored up a very slippery slope!

If you are thinking about stealing “talent” you had better be sure your target is unhappy with his current lot. Underestimating your competitors corporate culture and staff loyalty, can lead to trouble.

If “talent” approaches you by all means recruit and improve your team. Attracting talent is paramount for any entrepreneurs’ success. But don’t get obsessed with the players on the other team. In the end you are probably best served to support and nurture you own talent and avoid the slippery slope.