5 Steps to Help You Trim Your Turnover
Hiring and developing great employees is only half the battle—now you’ve got to keep them.
Hiring and developing great employees is only half the battle—now you’ve got to keep them.
Alan Meltzer, CEO of The Meltzer Group, is a strong believer in giving back—and fostering the philanthropic spirit. Along with his wife, Amy, Meltzer launched the Meltzer Group Employee Giving Fund in 2005 as a way to increase giving to local nonprofits and to build a stronger philanthropic culture within his 30-year-old company.
The latest unemployment figures have been announced and, for employees, it’s good news. But for companies, the news is not as positive.
Employee layoffs may appear to be a panacea for weak profits or a means of positioning a firm for future growth, but the long-term financial impact of such a strategy typically is less than positive.
When you think about all the companies that are struggling to fill skilled-worker positions today, one company you will not think of is Altair. The thriving $300 million global software and engineering company has a strategy for overcoming the skills gap.
Talent concerns are the number one issue top-of-mind for CEOs today, according to the Conference Board’s 2015 CEO Challenges research and our daily conversations with clients.
Naturally, many companies are picky about who they hire. The best workers aren’t always found in obvious places, though, and they don’t always have the exact skills being sought. Competing effectively means CEOs need to be flexible, able to look beyond skills to other traits and capabilities, and should give points for how well someone would fit with the company culture.
For a long while, it was Silicon Valley companies and tech-oriented startups that lured young digital specialists with perks ranging from in-office massages to ping-pong tables to generous stock options. The Great Recession interrupted much of that, and as the U.S. market for knowledge workers continues to tighten with the slow economic recovery and the digitization of just about everything, companies are getting smarter about the best way to attract and retain these prized employees.
Retaining good employees is critical for any CEO, especially as the business world experiences a global talent shortage in the next two decades. The World Economic Forum (WEF) predicts that by 2030, the U. S. will need to add 25 million more workers to sustain economic growth; by 2020, demand for highly skilled workers will exceed supply.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.