Curb ‘Talent Slippage’ in Your Organization - Develop Your Best Employees

What do your best employees want from their jobs?  Most often, they want to keep on growing.  When your focus fades on developing your best employees, their enthusiasm and commitment fade, too.  Your best employees are top performers who value and seek growth, challenge, and advancement.  They seek these rewards anywhere – either inside your company or someone else’s.  Talent slippage happens when your best and brightest walk out the door!

Reducing talent slippage in your employee ranks is rising in importance because replacing talented employees is becoming even more difficult.  You already know that serious employee shortages are on the horizon as a result of massive workplace retirements (Baby Boomers) and insufficient numbers of qualified replacements (Generations X and Y).

However, this does not begin to address the larger challenge of replacing your best employees with new top talent who can carry on where they left off!

Is your organization at high risk for talent slippage?  Take a moment to evaluate what your company is doing to develop and engage the interests of your most valuable employees.  Here are four questions you can ask that will readily reveal where you need to focus:

1. Who are your best, and therefore your top performing, employees?
   • Do you have a list for each department
   • If so, is that list kept current and regularly reviewed at the executive level?  
2. What tools do you have in place to measure employee performance?
   • Can you name what talents your jobs require for successful performance?
   • How do you match employees to jobs to assure performance and satisfaction?
3. How are you developing your top performers?
   • Where specifically do they need to develop in order to be more effective, productive and challenged? 
   • What plans are in place for their development, and do they have input to those plans

Experts in talent management conclude that finding and keeping top performing employees will rank as a major concern of business leaders throughout the next decade.  Make a plan to curb talent slippage at your company.  Focus on providing your best and brightest with the development they seek to become even better!

Author: Gayla Doucet, People Powered Solutions LLC Copyright protected. All rights reserved worldwide.

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Percy Emtage & Associates

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