Several consultancies have recently reported on the concern executives around the world have for retaining their top talent.
Deloitte reported:
The Financial Times reported European boss’ concerns about repeating the same mistakes of past recessions by cutting too many skilled jobs, leaving them exposed when the market turned. John Griffith-Jones, head of KPMG in the UK and joint-chairman in Europe, said, ”What we did suffer from is, when the upturn came, we were desperately short of people in some areas.”
At the same time, however, leaders are faced with an increase in both the number of toxic employees and in their impact on an organization. Harvard Business Review reported:
No company can tolerate those kind of engagement and productivity losses at this time. So how do you clean up those toxic workers? Lead with gratitude.
What are you doing to make your corner of the workplace better – to make it a place where your top talent wants to stay?