Coaching Tip: The Leadership Blog: High Performers Retention Tips

Links

Leadership

View my page on Women Leadership Network
Thought for the Day
Leadership is not just for people at the top. Everyone can lead by acquiring the power to make a difference and to be prepared when the call to lead comes.
A directory of online self assessments to gain success in life and work.
Leadership skills and style testing. Know how you motivate and coach people to gain success at work and in life.
Leadership Coaching by certified executive and business coach.
Effective leaders know the value of interpersonal skills.
What is Leadership?
Leadership is an interactive conversation that pulls people toward becoming comfortable with the language of personal responsibility and commitment.
Leadership Tips
“The crux of leadership development that works is self-directed learning: intentionally developing or strengthening an aspect of who you are or who you want to be, or both.” Primal Leadership by Daniel Goleman, Richard Boyatzis & Annie McKee (Harvard Business School Press)

Advertising

The Blog Squad Catalogue
Privacy Policy
We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. For example, Google, as a third party vendor, uses a DART cookie to serve ads on this site based upon your visit to our sites and other sites on the Internet. You may opt out of the use of the DART cookie by visiting Google ad and content network privacy policy at: www.google.com/privacy_ads.html. If you would like more information about this practice and to know your choices about not having this information used by these companies, please contact the Network Advertising Initiative (NAI) at (207) 467-3500 or www.networkadvertising.org.
Powered by LeapFish

Why do new survey findings reveal that nearly half of U.S. companies' high performers are actively looking for other jobs?

The simple answer is that most employers are not spending enough time and money to retain their management talent. Here are some tips that might keep your company from making the same mistakes.

According to a recent survey of 16,237 U.S. workers by Marietta, GA based consultancy Leadership IQ, 47 percent of high performers are actively looking for new jobs, by posting and submitting their resumes and even going to interviews. "High performers keep companies in business," says Mark Murphy, Leadership IQ's CEO. "So every company is at risk if these people leave. ...when your best people quit, revenue drops, quality suffers and snafus increase. Even large companies can take a big hit with the departure of just a few key employees."

Is the Leadership of Your Organization Attracting and Retaining High Performers?

Most people believe that what is apparent is important....but employers of choice recognize that what is not apparent is most important. For six lessons learned by employers of choice about the important but not always apparent elements of the best place to work, go to: http://home.att.net/~coachthee/Archives/turningheads.html

Mark Mehler, of Kendall Park, NJ based CareerXroads, a staffing strategy consultancy says his company's research found internal movement and employee referrals are the most popular and effective ways for companies to fill positions. "If I owned a company," he says, "I would put tremendous effort into the career development of my employees and make them feel like part of the family....so that it's not just a 9-to-5 job with just a paycheck. It's got to be more today. Today's generation, if you don't onboard them properly, they'll quit in 24 hours."

Executive search firms, leadership coaches, and consultants are building specialized "executive onboarding" services to add to their client offerings. Onboarding, as the name implies, helps new managers get a running start through coaching that assists them with detecting cultural nuances, accelerating strategic plans, and navigating the personality mine fields of their new teams. The term is also now used to describe orienting new hires.

Four out of ten newly promoted managers and executives fail within 18 months of starting new jobs, according to research by Manchester, Inc, a leadership development firm in Bala Cynwyd, PA. "Failing" includes being terminated for performance, performing significantly below expectations or voluntarily resigning from the new position.

Leaders often fail for a few common reasons: due to unclear or outsized expectations, a failure to build partnerships with key stakeholders, a failure to learn the company, industry or the job itself fast enough, a failure to determine the process for gaining commitments from direct reports and a failure to recognize and manage the impact of change on people.

Executive onboarding coaching of the newly hired or promoted manager can turnaround this high rate of failure.