how great leaders retain amazing people (slide share pdf)
TRANSCRIPT
HOW GREAT LEADERS RETAIN AMAZING PEOPLE
www.york-walker.com
AS A GREAT LEADER WHY SHOULD YOU THINK SERIOUSLY ABOUT STAFF RETENTION?
www.york-walker.com
RECRUITMENT IS COSTLY, VERY COSTLY.
£30kA report carried about by Oxford Economics revealed that replacing
a member of staff incurs costs of over
PER EMPLOYEE
www.york-walker.com
RECRUITMENT IS TIME CONSUMING.
ON RECRUITMENT PROCESSES
It is estimated that HR Directors spend
www.york-walker.com
It impacts you and your staff – significantly!
www.york-walker.com
THE IMPACTSof low staff retention
• Decreased staff morale
• Low productivity
• Lost intellectual capital
• Neglecting the team whilst
you re-recruit
www.york-walker.com
SO HOW DO GREAT LEADERS RETAIN AMAZING PEOPLE?
www.york-walker.com
Great leaders know that creating a team where employees value their own work will give them a competitive edge.
www.york-walker.com
Great leadersBoost productivity, morale and involvement in order to create a
place where people want to work.
www.york-walker.com
They know that supporting employees, empowering them and
progressing their careers is a bigger motivator than financial rewards.
www.york-walker.com
Build great relationships with their
team and create a strong rapport
Make Individuals feel connected and part of
the team
Know that stronger rapport and trust leads to more accountable
and engaged employees.
Great leaders
www.york-walker.com
VALUE EACH PERSON Great leaders demonstrate how that person’s work has contributed to the overall strategy and goal of the organisation.
www.york-walker.com
COMMUNICATE Lack of communication demotivates people
and employees become disengaged.
Great leaders
Their employees.
Doing work people enjoy and are good at increases their engagement and retention.
Never stop
Developing
www.york-walker.com
www.york-walker.com
Never stop
Developing
£340bn
EMPLOYEE DISENGAGEMENT COSTS THE UK
Hay Group Research
www.york-walker.com
Hay Group Research
15% of UK workers consider themselves highly motivated
24% admit to coasting
8% are completely demotivated
17% report they they have their dream job
THE STATS
www.york-walker.com
Great leaders know that simply managing a team is not enough.
GREAT LEADERS IDENTIFY INDIVIDUAL POTENTIAL
Great leaders don’t simply focus on current performance.
They don’t manage, they lead and better still
THEY COACH!
www.york-walker.com
HOW CAN YOU BECOME A GREAT MANAGER?
www.york-walker.com
EXECUTIVE COACHING BE A GREAT LEADER!
Unlocking your potential to maximise your own performance, supporting you to learn not teach you.
DEVELOP YOUR SKILLS WITH
