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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INSIGHT

People Growth Drives Profit

  • People growth is the number one driver of profit growth and leaders underinvest in it.
  • If performance management tools fail (only 2% say they work), profit growth will stall.
ADVICE

Make People Growth Measurable

  • Prioritize people growth and measure it with clear metrics rather than vague answers.
  • Ask for specific, measurable indicators instead of "pretty good."
INSIGHT

Two Pillars Of Performance

  • Performance has two components: productivity and culture fit, not just output.
  • Productivity is about measurable results, not hours or visible effort.
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