FIVE LEADERSHIP TRENDS FOR 2012: Leadership through cooperation
The following is the first in a four-part series on leadership trends for 2012. We hope that you will find the articles enlightening and that you will be able to apply these strategies to make your business more ‘sticky’ to your employees!
Talent retention through ‘soft’ skills
Holding onto talented staff is a key factor in the stability and growth of any business. This should be one of the top three business priorities for 2012. A startling survey of 2 000 employees conducted by the Hudson Institute in 2000, found that one-third were no longer committed and planned to leave their jobs within two years, 39% were uncommitted but planned to stay anyway and only 24% were committed and intended sticking around for another two years.
Most retention strategies fail because they predominantly or exclusively focus on money. What people want is revealed in why they leave. Studies show that employees don’t resign from organisations – they resign from bosses. People are likely to respect and stay with sensitive, competent leaders who have strong interpersonal skills. One tends to work with, rather than under, such a leader.