Retain Top Talent
5.2K views | +0 today
Follow
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
Your new post is loading...
Your new post is loading...
Scooped by Barry Deutsch
Scoop.it!

Centrical Raises $32 Million For The Future Of Work Now

Centrical Raises $32 Million For The Future Of Work Now | Retain Top Talent | Scoop.it
Startup Centrical closed a $32 million funding round led by Intel Capital and JVP...
Barry Deutsch's insight:

I am always in search of technology applications that raise employee effort, motivation, learning, and performance. Are you in a constant search evaluating these tools for enhancing the capability of your workforce, whether you have 15 people or 1500?

 

I heard a speaker in my Vistage group make the claim that every company was now a technology company. If you truly want to unlock the potential of your workforce - old school methods are no longer effective. Without leveraging technology you'll be left in the dust.

 

I am in shock how many of my clients are still doing things old school - such as no technology in managing success factors, rewards and recognition, or skills/knowledge inventories layered with a learning platform. How about all the on-boarding that is still manual and paper driven? The tools are out there to boost the productivity of your workforce and they are very cheap when compared to the increased output.

 

This article showcases one example of a tool that is becoming more popular for training, learning, and development - particularly in a work at home or hybrid work structure.

 

What's your next move to embed technology to unlock your workforce productivity?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee engagement - a year of 's top stories

Employee engagement - a year of 's top stories | Retain Top Talent | Scoop.it
A collection of employee engagement articles that will help you identify and address employee engagement issues before they hurt productivity.
Barry Deutsch's insight:

My takeaway from this article about improving employee engagement was that it starts with good management. Unfortunately, in many of the companies I've been invited to help with retention, engagement, hiring, and performance management strategies, the sad truth is that many of your managers have no clue what it means to be a good manager.

 

No one has ever given them sophisticated training on being a great manager, no one has ever mentored them to improve their game, and most managers lack the proactivity and initiative to go above and beyond to learn on their own.

 

The result is that a signficant portion of your workforce (50 percent) is disengaged and showing you minimal levels of productivity - just enough so they don't get fired. It's a shame that most organizations don't come close to realizing their potential since their management team is so weak in the skills of managing - most likely along the lines of being unconsciously incompetent.

 

Is it time to pivot and relook at the process of developing your managers through a new lens of boosting engagement and productivity. How could you afford not to train, develop, and coach?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Performance Coaching: Tips for Employee Conversations - #HR Bartender

Performance Coaching: Tips for Employee Conversations - #HR Bartender | Retain Top Talent | Scoop.it
Employee performance should be coached and developed. Here is a step-by-step roadmap for an effective employee performance conversation.
Barry Deutsch's insight:

So many of my clients lack the skills and knowledge of how to have a performance based one-to-one. I talk about this extensively in my Vistage workshop titled Managing Remotely in a Crisis. It becomes very important to have frequent one-to-ones when your team is remote. Excellent article on the steps of having a coaching conversation.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Restore Your Sense of Control — Despite the Pandemic

Restore Your Sense of Control — Despite the Pandemic | Retain Top Talent | Scoop.it
Autonomy leads to adaptability.
Barry Deutsch's insight:

Good article from HBR on raising employee engagement and productivity through autonomy. How are you providing your remote workers during the pandemic with more autonomy to encourage productivity?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee Empowerment: Definition, Benefits, and Factors

Employee Empowerment: Definition, Benefits, and Factors | Retain Top Talent | Scoop.it
Find out the benefits of employee empowerment and how to provide your employees with everything they need to deliver incredible results.
Barry Deutsch's insight:

What are some of the key elements in driving employee engagement, productivity, and effort - autonomy, decision making, authority, control over their work, not being micro-managed.

 

Good article coming at the issue of how do you empower your employees? This quote of a survey is frightening:

 

"those who felt disempowered were rated at the 24th percentile of engagement while those with a high level of empowerment came in at the 79th percentile."

 

Are you in the bottom quartertile of engagement (productivity) becuase your employees feel powerless to effect/impact their job?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

What is Employee Engagement? Ideas To Improve The Office Culture

What is Employee Engagement? Ideas To Improve The Office Culture | Retain Top Talent | Scoop.it
Employee involvement – and its relationship to job performance and retention of talent – is an issue that has become increasingly popular with HR professionals. However, the implementation of gamification in the enterprise or the creation of a recreation room does not have to be the...
Barry Deutsch's insight:

Some good action steps for improving employee engagement and higher levels of impact/productivity.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

5 Reasons Why Employee Recognition Is Essential to Performance Management

5 Reasons Why Employee Recognition Is Essential to Performance Management | Retain Top Talent | Scoop.it
Learn why frequent praise and appreciation benefits any company’s performance management.
Barry Deutsch's insight:

Here's the quote that got my attention:

 

"Gallup found that just one in three U.S. employees felt they’d received recognition for a job well done in the past week."

 

That's a horrible metric. What are you doing to build a strong recognition program into the fabric of your culture?

 

You'll never realize high productivity from your workforce until they feel you appreciate their effort through recognition.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

3 Steps to Building a Connected Remote Work Culture

3 Steps to Building a Connected Remote Work Culture | Retain Top Talent | Scoop.it
Remote work provides flexibility and work-life balance, but can also lead to misalignment among teams. Learn how to build a connected remote work culture.
Barry Deutsch's insight:

Good reminders about managing with a hybrid or remote workforce = key points of being intentional about cultural issues/change, feedback, and ensuring employees are connected to your purpose - that they matter.

 

I've been talking about these issues in my Vistage Workshop on Managing Remotely in a Crisis for 9 months - yet companies seem to be very slow to adopt some of these basic elements. Why? Are they too fuzzy, no one available to lead the charge, or the CEO doesn't buy into creating a great remote workforce culture?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

The Impact Of Covid-Related Stress On Employee Engagement

The Impact Of Covid-Related Stress On Employee Engagement | Retain Top Talent | Scoop.it
Anxiety and stress during COVID-19 has risen, and new research shows that this is having a profound impact on employee engagement among workers. Thankfully, there is an answer.
Barry Deutsch's insight:

We've known this to be an issue for quite some time. Studies are starting to show the effect of stress and anxiety on engagement and productivity. The big question is how your organization is responding to this new trend and potential crisis given the fact that we're going to be in a Covid-related environment probably well into 2022.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Council Post: Eight Ways To Encourage Continued Employee Growth And Learning

Council Post: Eight Ways To Encourage Continued Employee Growth And Learning | Retain Top Talent | Scoop.it
Encouraging continuous learning means investing in the future success of your employees and business.
Barry Deutsch's insight:

One of the programs I do for Vistage Groups is on Employee Retention and Engagment (productivity). A key tool and simple tactic that emerges from this workshop is re-investment in people. One of my recommendations is that every employee should have a personal development plan - 1 or 2 things that could help them to become more effective and have a greater impact. Is this part of your cultural fabric?

 

It's especially important for your top performers - the pareto group  where you get 80% of your results. If you're not aggressively developing this group, you risk losing them to competitors.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

New Survey Reveals Only 17% of Employees Give Their Company

New Survey Reveals Only 17% of Employees Give Their Company | Retain Top Talent | Scoop.it
A new survey issued by Topia, an HR tech company specializing in Global Talent Mobility and managing distributed workforces...
Barry Deutsch's insight:

None of this should be a surprise, particularly given Gallups research that shows 50-70 percent of your employees are not engaged. All the studies that have been done over the last decade or more show pretty consistent results of employee dissatisfaction, disengagement, and consequently low productivity.

 

As I am demonstrating to many Vistage Groups in my talk on Managing Remotely in a Criss - these issues get amplified with folks working outside of the office. Are you accepting low productivity or working on initiatives to let it SOAR?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

How Visibility Into Employee Productivity Can Improve Your Bottom Line - Blog

How Visibility Into Employee Productivity Can Improve Your Bottom Line - Blog | Retain Top Talent | Scoop.it
How Visibility Into Employee Productivity Can Improve Your Bottom Line...
Barry Deutsch's insight:

Interesting article on productivity of a remote workforce. The question is whether metrics of more CRM activity or chat based activity in apps like Yammer and Slack are leading indicators of productivity levels?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

5 Tips for Maintaining Company Culture in Remote Teams

5 Tips for Maintaining Company Culture in Remote Teams | Retain Top Talent | Scoop.it
At Maven Wave, building a partially remote workforce that feels just as much a part of our close-knit team as the onsite employees have been integral to our success as a company. Every year, we win awards for our culture and growth, and we’ve learned a lot of lessons along the way.
Barry Deutsch's insight:

Here's the quote that reinforces most of the attitudes about remote work. 

 

“If I can’t see them working, how do I know they’re actually working?”

 

This sums up the managerial attitude of the vast majority of my clients. It covers for the excuse of not investing time to define expectations, conduct on-going performance management through one-to-ones, and learning how to coach teams.

 

Rather than staying stuck in a 1070s command-control mode, when we start working on the things that raise employee engagement and lead to increased productivity, we actually don't have to see our subordinates doing work to trust they are being productive.

 

I know it's hard to let go of tribal management practices and the tactics that most managers were taught (direct line of sight). The question is when will you start experimenting with best practices to unleash the productivity in your employees that you are missing?

No comment yet.