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%?

This entry was posted on Tuesday, December 28th, 2010 at 3:30 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.