Retain Top Talent
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Retain Top Talent
Hiring top talent is only the start. Now you have to work hard to keep your very best talent. Most companies stink at structured and systematic retention of their top performers. Discover how to prevent turnover and keep your best people.
Curated by Barry Deutsch
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67% of Companies Expect Work From Home to Be Permanent or Long-Lasting

67% of Companies Expect Work From Home to Be Permanent or Long-Lasting | Retain Top Talent | Scoop.it
A new survey finds a majority of companies believe employees may be in a work from home situation permanently following the pandemic response.
Barry Deutsch's insight:

The problem with studies showing that the trend with remote work is increasing and will continue to increase/speed along due to the COVID challenges.

 

The unfortunate news is that most companies are ill-prepared to managed remote workers. I'm covering 8 key points in my 90 minute Virtual Vistage Workshops on Managing Remotely in a Crisis. The lack of pivoting, innovation, best practices, and changing cultures due to remote workers is almost zero. Most organizations are applying the same tactics of managing they've been using in physical proximity over the last few decades. It DOES NOT WORK anymore.

 

Expectations of work performance are non-existent, employee engagement and productivity is weak. communication is horrific, and employees feel cast aside, lonely, out of sync with the team and culture.

 

Let's fix these fundamental problems of how to manage remotely before throwing more people into home office environments.

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PeopleMetrics' New Study Finds 55% of American Workers Unhappy With Employer Response to COVID-19

PeopleMetrics' New Study Finds 55% of American Workers Unhappy With Employer Response to COVID-19 | Retain Top Talent | Scoop.it
 PeopleMetrics, a leading provider of experience management software for employees, customers and patients, announced survey results of 1008 full-time employees...
Barry Deutsch's insight:

Employees Unhappy with their employers. Big surprise here!

 

I'm surprised the number is not higher with most employers not doing anything of substance different than before the Corona Virus.

 

This level of dissatisfaction, disengagement, and unhappiness is only going to increase substantially over the next two months.

 

Are you managing as if nothing has changed?

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How to lead with bounded optimism—through the good and the bad

How to lead with bounded optimism—through the good and the bad | Retain Top Talent | Scoop.it
Bounded optimism is a leadership practice that combines confidence with realism, and it's especially helpful during a crisis like the coronavirus pandemic.
Barry Deutsch's insight:

The author reminds us of a couple of key things to consider during the Corona Virus Crisis and managing remotely. First, to be transparent and honest with our employees. Secondly, to show concern, sensitivity, and empathy.

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6 things remote companies must do to build great culture

6 things remote companies must do to build great culture | Retain Top Talent | Scoop.it
For a solid remote company culture, start with strong values and vision and the rest will follow.
Barry Deutsch's insight:

In my Vistage webinars for Groups and members on Managing Remotely in a Crisis - one of the biggest concerns CEOs express is how to maintain their culture wth a remote workforce.

 

This article specifically addresses that issue and starts with the recommendation to nail down your values.

 

Here's my favorite quote from the article:

 

“Company culture comes from the people, not the physical space they inhabit.”

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