From The Wall Street Journal on KEEPING EMPLOYEES
OK, you dont have to take my word for it….
Message to CEOs: Do More to Keep Your Key Employees
Wall Street Journal (12/27/10) Lublin, Joann
Management adviser Ram Charan says CEOs should act now to prevent defections of key employees in 2011. Some companies already are bolstering their retention efforts despite the still-weak job market, but Charan says most employers are not doing enough, and face certain talent losses as the economy improves. Chief executives “do not really put even 15 percent of their time into the people-development equation, and that’s far less than needed,” according to Charan. He adds that “the biggest risk is top management not knowing explicitly whom they depend on lower in the organization for success. CEOs like Apple’s Steve Jobs have figured out how to have more people working together despite corporate ‘silos.” That is central to winning in the marketplace.”
15%?
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"As a result of the session you delivered to my group, using “No Yelling” as the guide we have experienced an exceptional start to our 2009 construction season. Safety as usual is paramount, and our production rates have exceeded even my high expectations. There has been a positive shift in ownership from all that attended, which leads me to believe we could have the same success if we did the same kind of training with our front line labor force."
Bob Peeke
Construction Manager
Alberta Highway Services Ltd.