Episode 35 - Talent management and strategy: Turn your growth culture into a business driver. Patrick Hayes on the Industrial Growth Insitute Podcast Summary In this episode of the Industrial Growth Institute podcast, Ed Marsh chats with Patrick Hayes, the founder of Mukala Partners, about talent growth, leadership development and the importance of focusing on people and building effective teams in order to drive organizational success. Patrick shares his experiences as an NCAA team captain and college football coach, lessons learned during his time in the Peace Corps and insights from working in private equity. He highlights the need for understanding and adapting to different cultures and leadership styles. They also explore: the role of assessments and team development programs in improving individual and team performance the importance of talent management and team effectiveness in organizations need for leaders to understand their own strengths and weaknesses how to create a culture of transparency and accountability. Hayes also highlights the value of assessments in gaining insights into individuals and teams, but cautions against relying solely on assessments for hiring or firing decisions. He recommends continuous learning and personal development as key to leadership growth and success. Takeaways Building a resilient and successful organization requires a talent strategy that focuses on people and building effective teams. Understanding and adapting to different cultures and leadership styles is crucial for driving talent growth and organizational success. Assessments and team development programs can help improve individual and team performance. Strong partnerships between HR leaders, CEOs, and external advisors are important for driving talent growth and leadership development. Understanding your own strengths and weaknesses is crucial for effective leadership. Creating a culture of transparency and accountability is essential for team success. Assessments can provide valuable insights into individuals and teams, but should not be the sole basis for hiring or firing decisions. Continuous learning and personal development are key to leadership growth and success. Takeaway Quotes from Patrick Hayes "In fact, a lot of times it's hard. There's very little to gain, in my experience, from obfuscating what you're feeling or what you think about a particular situation. Generally speaking, it's better to air it out." "Building culture and collaboration and excellence across an organization doesn't just happen by accident." Check out Patrick's website LinkedIn: Patrick Hayes and Ed Marsh Twitter: Ed Marsh Instagram: Ed Marsh YouTube:  @EdMarsh Show Transcript  Chapters 00:00 Building culture and collaboration 08:38 The story of Trent 10:46 The importance of listening and understanding 18:38 The difference between managers and leaders 21:33 The changing landscape of content 25:21 The challenge of communication 27:41 Talent growth in family-owned businesses 32:30 From leader to manager 38:13 The influence of Bridgewater Associates 41:07 Understanding Self and Others 42:31 Transparency and Accountability 45:19 Creating a Culture of Trust 50:11 Understanding Motivations and Learning Agility 58:40 Clarity and Continuous Learning 01:02:47 Assessments and Decision-Making 01:04:39 Accountability and Difficult Decisions 01:09:24 Working with Boards 01:14:30 Key Takeaways   Wondering about sales team culture and effectiveness? Learn about Quality Of Sales and understanding root causes of sales team underperformance..   #TalentManagement #TalentStrategy #GrowthCulture #TalentReview #Accountability #TalentManagementProcess #TalentManagementBestPractices #LeadershipDevelopment #Coaching #PerformanceManagement #HumanResourceManagement #effectiveteams