Any smart company knows its success is largely predicated on the retention of its top talent. Get into too much of a brain drain, and your company’s outlook can change in a matter of months. Once A-players start leaving, other A-players take notice and are more likely to leave as well.
The easiest way to avoid a mess like this is by keeping your rockstar employees happy. You might think it takes a Porsche to do it, but that’s not the case. In fact, it’s simpler and more commonsense than you might think.
Here’s Daniel Debow, writing for GigaOm:
So how can your company keep its stars engaged? It comes down to creating a culture of communication — one in which employees know where the organization is headed, how they fit into these plans, and what’s expected of them. Here are a few key strategies your agency can employ to make this happen.
You’ve heard all the strategies before: create a culture of education, provide regular feedback, hold weekly 1:1 meetings, manage the grunt work fairly, and publicly acknowledge good work. Nothing new, right? Right. All such old and humdrum stuff that many companies still fall into the trap and wind up losing top talent. Maybe it’s time to brush up on the basics again?
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MIPRO Consulting main website.