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talent
retention
team building
newsletter
(please see Request Form
at the end for permission to copy content)
Issue #9
During our team building work with client
organizations, we've compiled a collection of barriers that we see creating
enormous stress for individuals, blocking performance in teams, and robbing
organizations of productivity.
Each issue, one of these barriers will be addressed in
our newsletter.
We'll include some suggestions for breakthrough
thinking to give you ideas for
how you might begin busting through these
barriers.
The New Physics of the Workplace
The landscape is suddenly very different.
The ground is shifting beneath you.
It wasn’t so long ago that workers could expect to remain with the company until
they retired. Those days are all but gone.
The worker entering the
workforce today can expect to have ten employers over a 40-year career.
Executive placement experts regularly tell recruits
that organizations are happy to get three productive years out of an executive.
The average knowledge worker stays on the job for only three years! Downsizing
is an everyday reality as organizations merge or try to squeeze full value from
every dollar at the behest of shareholders and stakeholders.
Everything has accelerated. The massive downsizing
and chopping at mid-level management means fewer protégés are groomed for the
senior ranks. It also contributes to a near-stampede to the door by capable
older workers who have decided to jump rather than be pushed.
Many of those who remain have a dim view of the
thinning population of their colleagues, swearing to “get even” with or sabotage
the organization. Meanwhile, borders are becoming ever more transparent as the
brain-drain sees North American and European workers switching, not only between
companies, but between countries, too.
It’s a truism to say we’ve entered an age in which our
main commodity is knowledge. But that is the fact. And now, when we need
knowledgeable workers most, they appear to be either in short supply or
difficult to protect against high-paying, attractive recruitment offers.
If you lose a skilled knowledge worker, it hurts. It
can cost as much as 100% of a year’s salary to replace each competent employee.
It’s even worse if you have a small business and each of your employees wears a
number of hats. You can easily envision the problem of replacing these people.
Remember: Retention and development of the staff you now have are
absolutely critical to your organization's survival and growth.
Information Request Form
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detail or permission to copy, let us know how to contact you.
Your contact information will never be released to any organization,
for any reason.
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