NMA, Natalie Manor & Associates Retention Strategies: Keeping Your Best People eBook with MP3                                  Retention eBook with MP3

Welcome to NMA’s Leadership
Excellence – The ROADMAP(sm) Newsletter
Friday, June 29, 2007 – Vol. 15
Written and Published by Natalie R. Manor
Visit our website at: http://www.NatalieManor.com 
 
Table of Contents:
1.  A Note from Natalie Manor, CEO
2.  Proven Strategies for Retaining Your Best People
     Dave Liddell, COO
3.  Resources for Your ROADMAP(sm) for Retention
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Your ROADMAP(sm) for Retention

1. A Note from Natalie Manor, CEO

Wow, we have had so much feedback from you this month regarding the topic of Retention and our new eBook with MP3 "Retention Strategies: Keeping Your Best People" which can be found at: http://www.nataliemanor.com/shop/index.php?l=product_detail&p=41 .  Many of you are struggling with finding and keeping people to help run your businesses well and create sustainable results.   

Your feedback gave me an idea I’d like to explore with you around the idea of retention.  I call it the “intention of retention” and it explores the idea that maybe you already have all your best answers for the retention issue right in your own organization.   

Lets assume you have three levels of employees.  
  • Superstars – the best of the best
  • Middle of the road – reliable and get the work done
  • Worst of the bunch – they really make your life tough and take up too much time and rarely get their work done

When was the last time you asked these employees what their opinion is about the conditions, benefits and reasons they work within your organization?

Most executives and leaders don’t ask because they don’t want to know what might need to be fixed.  That does sound unusual, but all of you are so busy that you don’t want to do anything to interrupt the work flow.

What if asking your people SOLVED most of your retention issues? 

Superstars and what they might say that they like and why they stay:
  • Benefits are great
  • Commissions really keep them there
  • Like the grounds of the facility so they can run, walk each day
  • Recognition and awards on a frequent basis
 
Middle of the road and what they might say they like and why they stay: 
  • Like their manager
  • Flex time gives them time with family
  • The layout of the cubicles
  • Annual company picnic
 
Worst of the bunch and what they might say they like and why they stay: 
  • Don’t have to worry about anything
  • Convenient to their home
  • Good schools in the area
  • Like their boss
 
Now that you have asked your selected people what works, what about asking them one or two things that they would improve or change about the organization.  Here are the top answers we receive and I think you might be surprised:
 
            #1:  Better communication in the organization
            #2:  Better training for the managers and leaders
            #3:  Recognition for work done for individuals or the team
            #4:  More frequent sharing of how the organization is doing in business
            #5:  Feedback on their work so they can grow within the organization and contribute more
                  fully to the organization 

People are not asking for more money as a top answer, although that might come up.  But it is not a top change that employees would make.  The workplace is so intense now that people want to be recognized for their contributions and to know that they are making a difference.   

I would suggest you identify those employees that you think would be willing to share their thoughts with you about the workplace and take them to coffee or lunch.   If you don’t want to be that formal, ask them in the hall.   

“Sally, you have been here for awhile, what do you think is the best thing about working here?  What is the number one aspect of working here that you would change or improve if you could?” 

“Joe, I have some thoughts about some changes I like to make around here and would really like your opinion.” 

It is classic that we hire people for their skill set and then a year later fire them for their attitude.  Sort of makes you wonder what happened in between.  Many times it is the way we run our organizations that sends a great hire into the place where they are failing.    And another classic is that people don’t leave an organization they leave a manager or boss.  So how are you training your managers and leaders and helping them to use their interpersonal and technical skills for the benefit of everyone? 

I’d really enjoy helping you with your retention issues and having a conversation that just might make your job lots easier.  We have our terrific eBook with MP3 on Retention titled "Retention Strategies: Keeping Your Best People" that can be found at:
http://www.nataliemanor.com/shop/index.php?l=product_detail&p=41.  It will get you started with some great tips, techniques and strategies for retaining your best people. 

You have a resource with us – we care.  Let us support you in all of your leadership and communication needs.

My best,

Natalie

P.S.  I currently have 3 openings in my executive coaching schedule.  They won’t last long.  Let me help you develop a ROADMAP to Success.  I would be pleased to be a key resource to you as your grow your talents and your career.

 
2.  Proven Strategies for Retaining Your Best People
 
By David Liddell, COO

During my strategic planning discussions with senior organizational leader, the topic often leads to concerns about workforce planning and retention. In almost every industry companies are feeling the pinch on talented and experienced employees. But why? 

For those of you who are paying attention to the experts, you will recognize that the answer is not simple however there certainly are a few key indicators. 
  A shrinking ‘qualified’ workforce
  Not enough support from high education to producer the required talent
  Inability to import enough qualified people 

Your best defense to this ever growing concern is the retention of your best people. The author of Good To Great, Jim Collins, talks about building your organization with the right people. “If we get the right people on the bus, the right people in the right seats, and the wrong people off the bus, then we’ll figure our how to take someplace great”. Retention is about keeping “the right people”. 

Here are a few tips on retaining your best people based on my experiences successful organizations:  
  Develop and grow your leadership bench. Poor leadership will chase your people away – especially the good ones.
  Share business direction and information widely. Keeping your people in the dark only perpetuates fear, uncertainty, and doubt.
  Make training and development opportunities available to all employees.
  Establish and communicate succession planning options for key employees.
  Create a working culture that promotes risk taking, emphasizes trust and respect, and challenges employees to reach their potential. 

You can learn more about tips, techniques and strategies for keeping your best people with NMA's newest eBook with MP3 "Retention Strategies: Keeping Your Best People" that can be found at: http://www.nataliemanor.com/shop/index.php?l=product_detail&p=41 Let us know how we can help you exceed your retention goals.

My best,

David

3.  Resources for Your ROADMAP(sm) for Retention
 
eBook with MP3- "Retention Strategies: Keeping Your Best People"
After 20+ years of helping leaders just like you with retention through coaching and training we decided to take all of our content and record it. 

Now you can take NMA’s tips and techniques around retention with you anywhere, anytime.  For the last few newsletters our theme has been around retention.  We would like to offer you, our faithful subscriber, our "Retention Strategies: Keeping Your Best People" eBook with MP3 at a special discount.

With your special coupon code offer NMA’s "Retention Strategies: Keeping Your Best People" eBook with MP3 is now just $42.47 that is a 15% savings off of the regular price of $49.97

Go to http://www.nataliemanor.com/shop/index.php?l=product_detail&p=41Once you add the "Retention Strategies: Keeping Your Best People" eBook with MP3 to your cart type this coupon code: RS062907 into the dialog box called Coupon Code: and click on apply.

Could you use some support in your performance management and leadership competencies?  The NMA Team and I would be delighted to be a resource for you in building and navigating your ROADMAP(sm) to Leadership Excellence in your organization.  Give us a call at 800-666-2230 or email us at Success@NatalieManor.com. We’d love to be a resource for you and your organization.

NMA’s ROADMAP(sm) is sent only to those who have requested it.  We value your privacy and never share our mailing list with anyone. To Subscribe, please visit our website at: http://www.NatalieManor.com/email.  To Cancel your subscription, use the links at the bottom. Do NOT "reply" to this email!

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The NMA Team
NMA, Natalie Manor & Associates

NMA, Natalie Manor & Associates is an organization of consultants, corporate trainers and executive coaching professionals who provide measurable results for our clients in the areas of Leadership, Communication, Strategic Planning and Cultural Development.  To inquire about NMA’s executive coaching, speaking, customized training, facilitations and seminars for your group or organization, or to schedule an initial consultation, contact us at: Success@NatalieManor.com

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