A blog for busy corporate executives wanting to improve the leadership culture of their organization.
It costs a lot to replace a good employee—some estimates put the cost at equal to or greater than the annual salary of the employee. Yet more than ever, employees want growth opportunities and paths for personal development to stay at a company. By helping good employees become great leaders, you not only position your company for success, you increase employee retention in the process.
The difference between retaining your company's good employees and losing them to the competition can be as simple as the difference between equipping them to do a good job and developing them into great leaders. When you equip people, you teach them how to do a job. Development is different. When you develop people, your managers help them improve as individuals.
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