Tuesday, August 12, 2008

Equip employees to leave

With attrition becoming a big challenge, organizations seem to have tried every trick in the book but with little success. Here’s a radical idea that will change the very foundation of the employer-employee relationship.

Elizabeth Craig, Chi T. Pham and Sarah Bobulsky, authors of Accenture’s Research Report June 08: Rethinking Retention: If you Want Your Best Executives to stay, Equip them to Leave, find that organizations can strengthen their executives’ intentions to stay by equipping them to leave! The authors’ counter intuitive conclusion: the best way to ensure that critical talent doesn’t leave is by providing experiences and opportunities that truly enhance their value and employability in the external labor market.

This is contrary to the free agent scenario where managers and executives change employers frequently to take advantage of sweetened offers and new professional challenges. Employers often find themselves losing the very people they want most to keep as the talent wars intensify.

To read the full article, click here...
To read the ePaper, visit: http://emagazine.managementnext.com

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