what are you doing to retain top talent?
DESCRIPTION
Are you suffering from poor leadership in your company? Symptoms • High Turnover • Leadership Burnout • Repeated Errors • Poor Productivity • Missed Goals and Deadlines • Lack of Training • No Career Path Plan • Conflict in the Workplace Stats: • Leadership is the number one reason why employees leave. • 40% of respondents said their bosses didn’t keep their word and fail to give credit when due. • 25% said bosses talk poorly about them behind their back, invade their privacy, and give them the silent treatment.TRANSCRIPT
Threat 4:
Poor Leadership & Poor Leadership & CommunicationCommunication
Top Five Threats Facing Businesses Today
“An investment in knowledge pays the best interest.”
Benjamin Franklin
YOUR ENDANGERED BUSINESS
What’s on your dashboard?What’s on your dashboard?
““I quit!”I quit!”.
One in two employees is looking to leave or has checked out on the job.
Of high performers are actively looking for new jobs.
45% 45% Two-thirdsTwo-thirdsof companies are more concerned about retention now than they were before the economic crisis.
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Threat 4: Poor Leadership & Communication
Source: Mercer
Just because you have talent in your field doesn’t mean you’re a great leader.
Poor leadership can lead Poor leadership can lead to employee extinctionto employee extinction
Do you know what it’s like to work for you?Ask yourself these three questions:
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Threat 4: Poor Leadership & Communication
Source: Robert Sutton, Stanford business professor
1. Do you know how to push without being rude or obnoxious?
2. After someone talks to you, do they feel like they have more or less energy?
3. Do employees feel like you have their backs?
Are 2 in 5 Managers at Are 2 in 5 Managers at your Company Bad your Company Bad Bosses?Bosses?
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40% of respondents said their bosses
didn’t keep their word and fail to give credit when due.
25% Said bosses talk poorly about them
behind their back, invade their privacy, and give them the silent treatment.
Employees don’t leave their job or company, they leave their boss.
Threat 4: Poor Leadership & Communication
Source: LSA global research
Signs you are a bad bossSigns you are a bad boss
Source: Jim Collins, “Good to Great”
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Threat 4: Poor Leadership & Communication
• Most of your e-mails are one-word long
• Lack of face-to-face time
• Yelling• Employees are
out sick a lot• Your team is
working overtime but still missing deadlines
Characteristics of Good BossesCharacteristics of Good Bosses
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Threat 4: Poor Leadership & Communication
HRN Management Group
1. She listens. She really listens.2.He is present.3.She understands your day to day routine.4.He shares.5.She doesn’t throw you under a bus.6.He decides.7.She tells the truth.8.He coaches and develops.9.She gets things done and makes things happen.10.He sets clear expectations.
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Threat 4: Poor Leadership & Communication
Remember that a simple “Thank you” goes a long way.
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Threat 4: Poor Leadership & Communication
Do you know what it’s like to work for you?
Success is ignited by surrounding yourself with the right people.