In order for a business to succeed, everyone should be working towards the same goals. And those goals should be firmly established in the formulation of every business plan. No action or decision taken in the running of a business is without an element of risk, and a good CEO will approach the process of planning for risks using strong leadership to get everyone on the same page.
One of the key roles of a leadership position is to retain and motivate your team to the best of your ability. Indeed, retention is a key metric that indicates the health of the organisation. If you believe you have a good team with a number of exceptional employees, ensuring that those individuals stay within your organisation should be one of your priorities: a high turnover of staff doesn’t portray the best image of your company, nor does it help with productivity in the long-run and replacing people costs money. In addition, any specialist knowledge or contacts the leavers have will leave with them – potentially to a competitor.
Here are a few top tips to prevent your best employees from leaving: