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Performance Miner™ is
in three sections this month:
In this issue:
1. The Real Key to Retention
2. Life Biz
3. Personal Foundations
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1. The Real Key to Retention
Many firms spend a lot of time and resources planning
picnics, parties, and piling on additional perks to keep their
valuable employees. Too bad they are wasting time and money.
Perks and bonuses are increasing and companies are
becoming more cynical as their employees move to their competitors. In
response, the latest management fad is embraced, more resources are
expended and the only thing that increases is employee churn.
Any firm can reduce employee churn and retain their
valuable employees by improving the leadership of the managers who
oversee their most valuable resource - their employees.
Employees change jobs because they don't like working
with their manager in 9 out of 10 cases.
Every competitor in the field provides benefits,
bonuses and other perks. It is the ticket to get in the game. To stay
in the game your firm must purge itself of micro management, poor
communication, poor delegation and leaders with weak values and
direction.
To develop leaders, four things need to be provided:
1. Book knowledge
2. Experiential knowledge
3. Self knowledge
4. Mentorship
Leaders cannot be developed effectively in seminars or
short term programs. Of these four requirements self knowledge is the
area where most leaders fall short.
A program which includes assessment of behaviors,
interests, attitudes and values followed by one on one leadership
development sessions facilitated by a well trained coach is the most
effective way of providing the self knowledge necessary to develop
effective leaders.
2. Life Biz
If you've had a boss or colleague who claims credit
for your ideas, you have experienced betrayal. Few things are more
de-motivating than being the receiver of that brand of betrayal. Over
the long haul, motivating and encouraging others while accepting
credits yourself when it is due is a recipe for success in both the
private and public sectors of life.
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What's New?
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The successful teleseminar series on
recruiting, outsourcing, optimizing the workforce and work
sharing is beginning again in July. Request advance
registration information and receive a 10% discount.
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3. Personal Foundations
The model you use to make decisions will affect your
success.
Often it is the point of decision that causes a
project to fail. That is, the decision is not made, is deferred too
long or is made too hastily.
A good decision making model is one that is structured
enough to force a decision yet flexible enough to keep taking in data
as you decide.
How do you currently make decisions?
Your current model is the place to start. Once you
figure out how you make your decisions, take a look at strengths and
weaknesses in your approach.
Modify and/or strengthen major points in your decision
making process. Ask yourself, "What can I do to make the best
decisions possible?"
You may reprint this article as long as you
include the copyright and author's name. We also appreciate your
letting us know when and where you are reprinting.
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This month's Best Practices column features "Virtual
Assistants". If you would like to read Youngblood's Best Practices
Column,visit
www.azbiz.com/best_practices/
or
click here. If you would like
your company featured in the column, contact
say@youngbloodconsulting.com. Additional free articles on
www.youngbloodconsulting.com. New articles added often.
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