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Why an Employee Retention Strategy Is Crucial

Seventy-seven percent of respondents to a recent survey by Express Employee Professionals, a franchised staffing firm, say that newly hired college grads will leave their jobs within one year. That's a wake-up call for all CEOs and companies challenged to fill positions, particularly in the manufacturing sector.

As business leaders, you likely had a mentor to help you get acclimated when you came on board, and you spent a considerable amount of time getting to know your business units and direct reports. Leadership development is key to CEO success, but so is employee development.

We all need to remember that college students 1) don’t know what they want to do or be, and 2) feel like they have plenty of time to figure it out and have no loyalty to a particular company.

Having a solid strategy for developing and nurturing new employees—particularly those who are recent college grads—is critical for garnering both employee loyalty and maximum productivity.

Unfortunately, “many millennials are taking jobs that they are overqualified for and thus are eager to move on when something better appears,” said Bob Funk, CEO of Express told CNBC.

With an employee development strategy, you will be able to nurture their talents and ensure that your staff feel both appreciated and motivated.

Read more survey findings here.


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    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:

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    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.

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    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. 

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    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.

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