Your organization hires only the best. And once they're on
board, you make a significant investment in each and every
one of your employees. When you add up recruitment, orientation,
training and continued development, you spend thousands of
dollars on each person every year.
And then, after all that investment, you run the risk of
having your top performers jump ship. They may be cherry-picked
by other companies, seek out a new job because their assignments
aren't challenging enough -- or, more than likely, they'll
depart because they don't see a roadmap for their continued
growth and development within your organization. Given the
level of investment and criticality of maintaining a sufficient,
qualified leadership bench, this is not a sustainable position.
For most companies, succession planning is a loosely defined
concept and poorly implemented process leaving companies vulnerable
to having their key managers look elsewhere for new opportunities.
Why? Most organizations have no method of collecting, summarizing
and analyzing information about their people. And yet it is
the intellectual capital - your employees -- that deliver
a company's products, services and profits.
So where do you start? In order to lessen the impact of managerial
flight, your company must have a sustainable people agenda
with the right processes, systems and tools in place. A Strategic
People Agenda can help you create a match between your organization's
future needs and the aspirations of your top employees. The
only way to keep talented people is to clearly communicate
a career path and establish a plan to help develop gaps in
their abilities. Once you know where your people aspire to
go, you can provide them with challenging opportunities to
sharpen their skills. In return, they will reward you with
outstanding results. Now more than ever, retaining your leaders
is an economic and strategic imperative.
Hundreds of companies around the world, from American Airlines
and BMW to NASDAQ and Watson Wyatt, are turning to Success
Associates to help develop strategic processes for deploying,
leveraging and retaining their key leadership. With Success
Associates' simple, powerful and proven processes, your organization
can help you create a sustainable strategic people agenda
that will allow you to motivate your best and brightest while
ensuring your organization is well-positioned to replenish
your next generation of leaders.
more about Success Associates' ability to create a Strategic
People Agenda for your company...