Title: Keys for Retaining Your Valuable Employees By Nanci Porter, President, Eastridge Infotech
1Keys for Retaining Your Valuable EmployeesBy
Nanci Porter, President, Eastridge Infotech
- Presentation to Help Desk Institute
- April 13, 2005
2Objectives
- Why/how the marketplace is changing
- Why employees really leave
- What are the revolutionary insights shared by all
great managers? - What are the 4 basic needs and motivations of
people? - What are the 12 questions you need to make sure
your employees can answer? - What can you do right now to retain your talent
3Potential turnover today greater than ever Why?
- More opportunities present
- Free agency
- Permanent white water
4Recent Harris Poll findings on employees in key
functional areas
- Only 37 said they have a clear understanding
what their organization is trying to achieve and
why - Only 17 felt their organization fosters open
communications that results in new and better
ideas - Only 1 in 5 was enthusiastic about their teams
and organizations goals - Only 15 felt their organization fully enables
them to execute key goals
5- Only half were satisfied with the work they have
accomplished at the end of the week - Only 10 felt their organization holds people
accountable for results - Only 15 felt they worked in a high trust
environment - Only 13 have high-trust, highly cooperative
working relationships with other groups or
departments - Only 20 fully trusted the organization they work
for
6Why employees really leave
- People leave managers not companies!
- Perception that no one cares
- Low trust
- Lack of shared vision and values
- Misalignment (systems/process/structure)
- Disempowerment (lack of passion/connection)
7The four basic needs and motivations of people
- (Body) To Live To Survive
- (Heart) To Love Relationships
- (Mind) To Learn Growth and Development
- (Spirit) To Leave a Legacy Meaning and
Contribution
8Whole Person in a Whole Job
9What if work was a refuge?
- Managers embrace the whole person body, mind,
heart and spirit - Companies stand by the universal principles of
fair play, honesty, integrity and truth - Supervisors/Managers guide by principle-based
leadership
10People have choices
11What are the revolutionary insights shared by all
great managers ?
- They see people through the lens of their
potential and their best actions - They validate and value people based on talents
and strengths - They recognize people dont change that much
- They believe in them
- They help them discover and realize their own
potential within them
12Here are 12 questions that employees should be
able to answer
- Do I know what is expected of me at work?
- Do I have the materials and equipment I need to
do my work right? - At work, do I have the opportunity to do what I
do best everyday? - In the last seven days, have I received
recognition or praise for doing good work?
13- Does my supervisor, or someone at work, seem to
care about me as a person? - Is there someone at work who encourages my
development? - At work, do my opinions seem to count?
- Does the mission/purpose of my company make me
feel my job is important? - Are my co-workers committed to doing quality
work? - Do I have a best friend at work?
- In the last six months, has someone at work
talked to me about my progress? - This last year, have I had opportunities to learn
and grow?
14How can we make a difference right now to keep
talented people?
- Pick good people
- Set clear expectations
- Recognize excellence and praise it
- Notice incremental improvements and celebrate
them - Show care for your people
- Focus on the total person body, mind, heart and
soul.
15Reading List
- The 8th Habit - From Effectiveness to Greatness
- Covey, S (2004). New York, Free Press
- The One Thing You Need to Know About Managing,
Great Leading and Sustained Individual Success - Buckingham, M (2005). New York, Free Press
- First, Break All The Rules
- Buckingham, M and Coffman, C (1999). New York,
Simon and Schuster -