Wednesday, January 28, 2009

Flight of the High Performer

It is estimated that 47 percent of high performing employees are actively looking for new jobs while just 19 percent of low performers and only 25 percent of middle performers said they were looking.[1]

Failing to take action against the potential loss of talent poses significant risks to companies. When your best people leave, it has been demonstrated that revenue drops, quality suffers, and problems increase.

Recommended Solutions:

  • Implement a Career or Professional Development Process including Assessments to demonstrate areas of improvement or interests

  • Implement Leadership Modeling or Leadership Training Processes that demonstrate the company’s interest and commitment to the growth and development of the high potential

  • Implement a communication vehicle or forum for personal development and presentation of innovation

  • Cross train in areas of interest as opposed to their current role and responsibility

What other suggestions would you have for solutions?

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[1]Flight of the High Performers, Risk & Insurance (10/08) Vol 19, No. 12, P.32 Michael O’brien

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