Thursday, March 22, 2007

Keeping The Best-Losing the B.M.W.'s

You need to have someone at your organization who is in charge of preventing turnover. Let's take this a step further... There are people who are really important to your firm, who would be difficult to replace. Have you identified them? Have whoever is in charge of preventing talent flight sit down with department managers and supervisors to identify the people you should keep. Then have each of them prepare an actual plan to prevent those employees from leaving. Think: what's is it going to take to assure that this person will stay with us? Obviously, you must know what motivates that individual. If you don't know, you need to ask them. Pay attention to those key motivators, and be sure you are doing what it takes to retain your best people.

You might be thinking, what about the b.m.w.'s (bare minimum workers) who feel they are being ignored? That's good! Maybe the b.m.w.'s will get the hint and move on.

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