Dec
21
Why Top Companies Lose top Talent (Forbes article)
ByThis article, written by Eric Jackson at Forbes, hits the nail on the head in explaining why top people leave top companies. Some of the most successful organizations in the world have a tough time retaining top talent for a variety of reasons; in my experience bureaucracy, poor/lack of decision making, and lack of career development being at the top of the list. For some additional insight on improving your company's top talent retention, I recommend Jackson's article. In summary, below are the 10 reasons he lists in the article:
- Big Company Bureaucracy
- Failing to Find a Project for the Talent that Ignites Their Passion
- Poor Annual Performance Reviews
- No Discussion Around Career Development
- Shifting Whims/Strategic Priorities
- Lack of Accountability and/or Telling Them How to Do Their Jobs
- Top Talent Likes Other Top Talent
- The Missing Vision Thing
- Lack of Open Mindedness
- Who's the Boss