Talent Processes Are More Important Now Than Ever

“In a poll conducted by human-resources consultant Right Management at the end of 2009, 60% of workers said they intended to leave their jobs when the market got better.” – Wall Street Journal, May 25th 2010

What are you doing to retain your superstars? What talent processes are you using to insure you don’t lose 60% of your team? Based on The 7 Hidden Reasons Employees Leave by Leigh Branham, employees leave because:

Job not as expected
Job doesn’t fit talents and interests
Little or no feedback/coaching
No hope for career growth
Feel devalued and unrecognized
Feel overworked and stressed out
Lack of trust or confidence in leaders

Talent process improve your chances to retain your superstars as valuable contributors to your organization. A comprehensive selection process addresses job expectations (#1), job fit (#2), and organization fit (#4). A robust performance process addresses feedback (#3), recognition (#5), workload (#6) and trust (#7).

As the economy improves, expect your superstars to have many opportunities to leave. Implementing effective selection and performance processes (like SelectAdvantage and PerformanceAdvantage) now will empower your leaders to successfully hold on to your superstars.

Explore posts in the same categories: Leadership, Performance Acceleration, Selection

This entry was posted on June 4, 2010 at 2:14 pm and is filed under Leadership, Performance Acceleration, Selection. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site.

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