Have you lost some of your best people to your competition? Learn from an Executive Search Consultant what makes your people impossible to recruit. These slides were taken from a webinar on FXConferences
5. Top Performers
Success is People Dependent
Talent Wins
The cost of replacing a Top Performer is 15x
“Hiring is your most important task.” Steve Jobs
Retention is a PROCESS
Engagement is the Buzzword of the decade
It’s NOT the answer!
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8. Every good leader has disciples
Leaders
are transparent with their disciples
Leaders teach their disciples
Leaders invest in their disciples
Disciples
have access to their leader
Disciples trust their leader
Disciples are loyal to their leader
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9.
It takes time.
It takes commitment
It takes follow through
It’s not just a part of your job, it’s the most
important part of your job.
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10.
PARADIGM SHIFT NEEDED A good leader is a Cultivator of Careers!
Identify your Top Performers
Rank them A’s, B’s or C’s.
Use the -/+ to show potential or slacking
Meet with your A’s first
Spend the entire meeting asking questions about them.
What do they think of the company?
What do they think of their career to this point?
What are their career goals within the company?
What are the barriers that they perceive to achieving it?
Avoid commenting on it.
Take notes and make their goals YOUR goals!
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11.
$250mm division of $2B public company
VP Sales search
The top contender was not actively seeking a
new gig.
He was highly regarded and very well paid.
He NEVER SHOULD HAVE ACCEPTED, but
he did.
Reason: CEO failed to be transparent with his
VP and failed to maintain TRUST.
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12.
Keeping Top Performers is all about Trust.
When your people trust you, they are loyal.
They know that you have their best interests in
mind and wouldn’t stand in the way of their
dreams.
When they trust you as their career advocate
they won’t leave YOU!
What undermines trust?
Poor communication – poor follow through
Hidden agendas - inconsistency
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