Changing Minds with Owen Fitzpatrick

The Strength of Talent: Why People Growth Drives Profit

Sep 29, 2025
Mike Goldman, a leadership coach and author of The Strength of Talent, dives into the crucial link between people growth and profitability. He reveals why most performance management systems are ineffective and how culture fit often outweighs productivity. Mike explains the importance of defining core values and the need for organizations to invest in high performers. He also shares insights on overcoming bias in talent assessments and employing the Law of Positive Intent to enhance coaching. This conversation is a treasure trove for leaders aiming to boost organizational success.
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ADVICE

Create Actionable Core Values

  • Define core values as specific, observable behaviors and run them through three tests.
  • Test: is it fireable, worth taking a financial hit for, and alive in the organization today?
ANECDOTE

Lifting Each Other Up Example

  • A client used "We lift each other up" as a core value and defined specific behaviors under it.
  • They fired people who repeatedly violated it and demonstrated it was alive in the org.
ADVICE

Hire For Values, Not Just Skill

  • Hire for core values, not just skills, and probe job history for signals of fit.
  • Avoid giving candidates the 'test answers' in interviews; listen for patterns of ownership and blame.
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