What do you do if your executive strategy fails to attract and retain top talent?

I will do my best to review existing recruitment and retention goals and strategies. In many cases, the lack of transparency in organizational strategy and culture is the cause of people leaving the organization. Reviewing the service compensation system and benchmarking with similar companies. Industry can help

This could involve (benefits, company culture, career development opportunities, or the effectiveness of our recruitment and selection processes), Collaborate with key stakeholders, develop a revised strategy to identify shortcomings. Finally, well defined action plan. and Establish feedback mechanisms, such as surveys to gather input from existing employees and exit interview analysis. This feedback would help us identify areas of improvement and make necessary adjustments to our talent acquisition efforts.

If your executive strategy fails to attract and retain top talent, take immediate steps to reassess and refine your approach. Start by conducting a thorough evaluation to identify shortcomings, considering factors such as compensation, company culture, and opportunities for professional growth. Benchmark your offerings against industry standards, ensuring they are competitive. Engage in open dialogues with current employees and candidates to understand their needs and expectations better. Foster a positive work environment, emphasizing career development, mentorship, and recognition. Leverage internal and external branding strategies to enhance your company's reputation as an employer of choice.

Retain the employees are big task to continues development of team and organisations. As a manager fond out the gaps between communication of strategy, opportunity and continuing development. It also affects the culture and motivation at workplace. Also quality hires and training of employees are importance in retaining employees.

It’s vital to ensure you listen and understand what external and internal talents are feeling or their perception on the company. Is the culture & values an issue, is it due to weak leadership & management practices that led to attrition, is it due to poor C&B, due to office politics, due to rigid policies that hinders innovation & productivity…there could be many reasons. What is crucial is what are we doing about it? Are we listening & seeking to understand these issues? Listening is a start but then, are we acting on the major concerns or issues raised by the employees. Employees are the company’s ambassadors and if they think negatively about the company, that impacts the brand & the ability to attract top talents as well.

Here are some ways to enhance employer branding to retain top talent: Invest in employee development:?Helps attract and retain top talent, boost morale, and reduce turnover rates Promote exemplary hires:?Don't promote people who aren't a good culture fit for the role Onboard and orient new employees:?Effective onboarding can improve talent retention, productivity, and results Build a strong workplace culture:?Employees who are connected to their organization are more engaged and productive, and less likely to leave Create a positive work environment:?Happy employees are 13% more productive Leverage social media:?Grow brand awareness, promote culture, and build credibility

Reevaluate your compensation structure to ensure it is competitive and attractive to top talent. Consider increasing salaries, offering bonuses, or adjusting benefits packages as needed to better align with market standards and employee expectations.

Absolutely, I would consider: 7) Foster Culture: Cultivating a positive work environment where employees feel valued and connected goes a long way. Encourage team-building activities and recognition programs to boost morale and loyalty. 8) Prioritize Work-Life Harmony: Acknowledge the importance of work-life balance and offer flexible schedules or remote work options. When employees feel supported in balancing their professional and personal lives, they're more likely to stay. 9) Embrace Diversity and Inclusion: Ensure that your company values diversity and fosters an inclusive culture. A diverse workforce not only brings different perspectives but also attracts top talent who value inclusivity and belonging. Cheers~~