Retaining top talent

Over the past several years Greg and I have given you innumerable pieces of advice on how to grow and develop your team. If you’ve been diligently working at mentoring, chances are you’ve got a handful of superstars on your team. So now the question becomes: how do you get them to stay? In today’s episode, we give you strategies to entice your high performers to remain on the team. Greg and I have co-authored a series of books called Business by the Book—what the Bible says about each department in a typical corporation. Check them out here → https://bit.ly/3T9IU7E Get more content from me: ✅ On my blog at http://craigtowens.com ✅ My books, podcasts, and much more at http://linktr.ee/craigtowens Show Notes: [0:00] Introduction [0:22] Here is our favorite collaboration project! [1:45] As your teammates develop and mature, how do you keep your best talent from leaving your organization? [3:16] It’s more profitable to keep your in-house talent than to hunt for new talent. [4:20] Existing teammates know your culture better than new hires would. [5:43] The best employees have other metrics which motivate them. You need to discover what those are. [6:32] Including your top talent in your succession planning is a huge motivator for the longevity of their tenure. [10:12] Micromanagement discourages top talent from sticking around. [11:15] Here’s an idea of how to develop an organic plan for your next generation leaders. [12:51] Leaders need to do more than focus on the bottom line if they want to see emerging leaders develop. [15:18] If leaders are lifelong learners, mentoring the leaders around them to go to the next level will become quite natural. [18:37] Let your top talent begin writing their own job descriptions. [21:32] Show that you believe in your teammates by giving them bigger opportunities. [24:24] A business coach can help you spot opportunities for leadership development that you may be missing.