S02E15 The War for Talent is a Victim Mindset, with Dominic Monkhouse

Rethink Culture

"As a manager, as a leader… one of your goals is to build the best team that you can afford… So when people say, I can't attract any talent… it's not the talent's fault. Just because you have a job… just because you have a vacancy, there is no God-given right for amazing people to show up at your door and apply for it… Are you a shit place to work or are you an amazing place to work?"

S02E15 of the Rethink Culture podcast shines the spotlight on Dominic Monkhouse, Business Coach and CEO Mentor. He's the founder and CEO of Monkhouse & Company, with a remarkable track record of scaling technology service businesses from zero to 30 million pounds in just five years. He accomplished this while serving as managing director of UK-based Rackspace and Pier 1 Hosting. Dominic is also the author of 'Mind Your F**ing Business' and the host of the same-titled podcast, which recently reached 300 episodes.

Without holding back, Dominic shares a wealth of information on how to build high-performing teams capable of rapid and sustained growth.

The podcast is created by Rethink Culture. Our goal is to help 1 million businesses create healthier, happier cultures, by turning culture into a KPI. Visit rethinkculture.co to see how you can create a healthier culture at your company.

Production, video, and audio editing by Evangelia Alexaki of Musicove Productions.

Listen to this episode to find out:

- What it takes to attract top talent away from competitors.

- How to use the monthly keeper test to decide who to keep and who to fire.

- What to do if you fear losing or having trouble replacing employees.

- Why the war for talent is essentially a victim mindset.

- Why annual performance appraisals are equal to 12 months of avoiding difficult conversations.

- How to manage and measure expectations on deliverables.

- Which approach to employee promotion leads to growth and success.

- How to build a team of A-Players that is 5 to 10 times more productive.

Further resources:

- Dominic Monkhouse on LinkedIn: https://www.linkedin.com/in/dominicmonkhouse/

- Monkhouse & Company Website: https://www.monkhouseandcompany.com/

- Mind Your F**king Business: The no-nonsense guide to making your good business great, by Dominic Monkhouse: https://www.amazon.com/Mind-Your-king-Business-no-nonsense/dp/1781337268

- Good to Great: Why Some Companies Make the Leap...And Others Don't, by Jim Collins: https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996

- BE 2.0 (Beyond Entrepreneurship 2.0): Turning Your Business into an Enduring Great Company, by Jim Collins: https://www.amazon.com/BE-2-0-Beyond-Entrepreneurship-Business/dp/0399564233

- The Challenger Sale: Taking Control of the Customer Conversation, by Matthew Dixon: https://www.amazon.com/Challenger-Sale-Control-Customer-Conversation/dp/1591844355

- The JOLT Effect: How High Performers Overcome Customer Indecision, by Matthew Dixon and Ted McKenna: https://www.amazon.com/JOLT-Effect-Performers-Overcome-Indecision/dp/0593538102

- The Peter Principle: Why Things Always Go Wrong, by Dr. Laurence J Peter and Raymond Hull: https://www.amazon.com/Peter-Principle-Things-Always-Wrong/dp/0062092065

Blink: The Power of Thinking Without Thinking, by Malcolm Gladwell: https://www.amazon.com/Blink-Power-Thinking-Without/dp/0316010669