how great leaders retain amazing people (slide share pdf)
TRANSCRIPT
HOW GREAT LEADERS RETAIN AMAZING PEOPLE
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AS A GREAT LEADER WHY SHOULD YOU THINK SERIOUSLY ABOUT STAFF RETENTION?
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RECRUITMENT IS COSTLY, VERY COSTLY.
£30kA report carried about by Oxford Economics revealed that replacing
a member of staff incurs costs of over
PER EMPLOYEE
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RECRUITMENT IS TIME CONSUMING.
ON RECRUITMENT PROCESSES
It is estimated that HR Directors spend
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It impacts you and your staff – significantly!
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THE IMPACTSof low staff retention
• Decreased staff morale
• Low productivity
• Lost intellectual capital
• Neglecting the team whilst
you re-recruit
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SO HOW DO GREAT LEADERS RETAIN AMAZING PEOPLE?
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Great leaders know that creating a team where employees value their own work will give them a competitive edge.
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Great leadersBoost productivity, morale and involvement in order to create a
place where people want to work.
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They know that supporting employees, empowering them and
progressing their careers is a bigger motivator than financial rewards.
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Build great relationships with their
team and create a strong rapport
Make Individuals feel connected and part of
the team
Know that stronger rapport and trust leads to more accountable
and engaged employees.
Great leaders
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VALUE EACH PERSON Great leaders demonstrate how that person’s work has contributed to the overall strategy and goal of the organisation.
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COMMUNICATE Lack of communication demotivates people
and employees become disengaged.
Great leaders
Their employees.
Doing work people enjoy and are good at increases their engagement and retention.
Never stop
Developing
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Never stop
Developing
£340bn
EMPLOYEE DISENGAGEMENT COSTS THE UK
Hay Group Research
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Hay Group Research
15% of UK workers consider themselves highly motivated
24% admit to coasting
8% are completely demotivated
17% report they they have their dream job
THE STATS
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Great leaders know that simply managing a team is not enough.
GREAT LEADERS IDENTIFY INDIVIDUAL POTENTIAL
Great leaders don’t simply focus on current performance.
They don’t manage, they lead and better still
THEY COACH!
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HOW CAN YOU BECOME A GREAT MANAGER?
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EXECUTIVE COACHING BE A GREAT LEADER!
Unlocking your potential to maximise your own performance, supporting you to learn not teach you.
DEVELOP YOUR SKILLS WITH