Turnover is a fact of business serving up a constant disruption in obtaining a company’s objectives. There is a secret the best leaders know to slow and even stop the bleeding. It is found in inclusion.
The world—and the workplace—are becoming more diverse with each passing day. Leaders must determine the necessary strategy to not only survive but to thrive in the race for the top talent. Inclusion is so much more than an action based on discernible attributes; it must encompass an inclusion of thought processes and motivation to be successful. Without proper engagement on all these levels, talented employees seek out other viable avenues for stimulation—especially the Millennial workforce, who according to the Department of Labor will represent more than 50% of the workforce by 2020! Those companies who can appeal to the need for all workers’ desires to contribute through meaningful work will prevent being caught on the losing end of the battle for the finest talent and stop this march.
How? Bentley University found that 84% of Millennials say making a difference in the world is more important than professional recognition. They’ll stay in a job if they feel like the work that they are doing has meaning beyond putting in their eight hours a day. We’ve asked countless Millennials what keeps them feeling motivated in their jobs and the feedback we receive includes: “knowing the positive impact I make in my role,” “being given opportunities for learning and growth” and “having a sense of accomplishment.”
Come along as we explore and celebrate this diversity, learning how to pull the best from each individual and ultimately producing better team results. Programs such as mentoring or skills such as situational leadership provide a strong foundation toward talent development and employee loyalty. What do these concepts mean for you, your leaders and for your organization? Are you prepared to look at the individual, with all their complexities, and stretch to understand and address the unique needs presented?