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How great leaders retain amazing people (slide share pdf)

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How do great Leaders Retain Amazing Talent? Firstly they know they have a vital role to play in retaining high performers and this requires a forwarding thinking ambitious manager, leading to greater employee satisfaction and increased performance.

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How great leaders retain amazing people (slide share pdf)

  1. 1. HOW GREAT LEADERS RETAIN AMAZING PEOPLE
  2. 2. www.york-walker.com AS A GREAT LEADER WHY SHOULD YOU THINK SERIOUSLY ABOUT STAFF RETENTION?
  3. 3. www.york-walker.com RECRUITMENT IS COSTLY, VERY COSTLY. £30k A report carried about by Oxford Economics revealed that replacing a member of staff incurs costs of over PER EMPLOYEE
  4. 4. www.york-walker.com RECRUITMENT IS TIME CONSUMING. ON RECRUITMENT PROCESSES It is estimated that HR Directors spend
  5. 5. www.york-walker.com It impacts you and your staff – significantly!
  6. 6. www.york-walker.com THE IMPACTSof low staff retention • Decreased staff morale • Low productivity • Lost intellectual capital • Neglecting the team whilst you re-recruit
  7. 7. www.york-walker.com SO HOW DO GREAT LEADERS RETAIN AMAZING PEOPLE?
  8. 8. www.york-walker.com Great leaders know that creating a team where employees value their own work will give them a competitive edge.
  9. 9. www.york-walker.com Great leaders Boost productivity, morale and involvement in order to create a place where people want to work.
  10. 10. www.york-walker.com They know that supporting employees, empowering them and progressing their careers is a bigger motivator than financial rewards.
  11. 11. 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
  12. 12. 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.
  13. 13. www.york-walker.com COMMUNICATE Lack of communication demotivates people and employees become disengaged. Great leaders
  14. 14. Their employees. Doing work people enjoy and are good at increases their engagement and retention. Never stop Developing www.york-walker.com
  15. 15. www.york-walker.com £340bn EMPLOYEE DISENGAGEMENT COSTS THE UK Hay Group Research
  16. 16. 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
  17. 17. 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!
  18. 18. www.york-walker.com HOW CAN YOU BECOME A GREAT MANAGER?
  19. 19. 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
  20. 20. www.york-walker.com CONTACT ME Helen Walker helenwalker@york-walker.com 07412 384 420

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