Management Tip of the Day: Holding onto your good people

Mon Mar 28, 2011 10:36am EDT
 
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BOSTON (Reuters Life!) - Burnout and work/life imbalance are common obstacles to retaining top employees, but Harvard Business Review says there are a few ways for leaders to at least try to hold onto their talent.

The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (www.hbr.org). Any opinions expressed are not endorsed by Reuters.

"Few leaders succeed without great talent supporting them. So retaining your star employees is not only good for the company, but for you as leader.

Here are three ways to keep your best people around:

1. Trust the team. Give your people the opportunity to use their unique strengths every day. Allow them to do what they are best at.

2. Make connections. Spend time every day checking in with individuals to see how they're doing -- personally and professionally. Avoid private or sensitive topics unless your employee brings them up.

3. Respect individuality. Recognize your people's individual needs, and customize assignments, perks, and recognition accordingly."

-Today's management tip was adapted from the Harvard ManageMentor module, "Retaining Employees."

(For the full post, see: here)

 
<p>Spain's Rafael Martinez's hands are seen during a training session at the 2005 Mediterranean Games in Almeria, southern Spain, June 27, 2005. REUTERS/Victor Fraile</p>