If you conduct a survey of industry leaders around what their top ‘people problems’ are, then a large majority will concur that while hiring the right talent is the biggest issue, a close second is the challenge of retaining that same talent. Probe this a bit further, and you will learn that it basically boils down to the millennials who already occupy the single largest segment in the Indian workforce, the figure increasing with each passing year. Millennials, you will be told, come with a whole baggage of expectations. And a reputation for being distracted, insubordinate, money-minded, impulsive, arrogant, and self-centered, to the point of being narcissistic—all of which result in, amongst other things, a consistently high attrition rate across organizations.
There is this common grouse among many senior leaders in the industry: employee loyalty is fast disappearing in today’s workplace. New-age employees simply do not seem to believe in it. But rather than accept this scornfully as a fait accompli, leaders need to start asking the right questions. If there is really an employee loyalty issue with millennials, then what are the reasons for it? And what can be done by company stakeholders to address—and hopefully minimize—this problem?
Diese Geschichte stammt aus der October 2019-Ausgabe von Indian Management.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 2019-Ausgabe von Indian Management.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Trust is a must
Trust a belief in the abilities, integrity, values, and character of any organisation is one of the most important management principles.
Listen To Your Customers
A good customer experience management strategy will not just help retain existing customers but also attract new ones.
The hand that feeds
Providing free meals to employees is an effective way to increase engagement and boost productivity.
Survival secrets
Thrive at the workplace with these simple adaptations.
Plan backwards
Pioneer in the venture capital and private equity fields and co-founder of four transformational private equity firms, Bryan C Cressey opines that we have been taught backwards in many important ways, people can work an entire career without seeing these roadblocks to their achievements, and if you recognise and bust these five myths, you will become far more successful.
For a sweet deal
Negotiation is a discovery process for both sides; better interactions will lead all parties to what they want.
Humanise. Optimise. Digitise
Engaging employees in critical to the survival of an organisation, since the future of business is (still) people.
Beyond the call of duty
A servant leadership model can serve the purpose best when dealing with a distributed workforce.
Workplace courage
Leaders need to build courage in order to enhance their self-reliance and contribution to the team.
Focused on reality
Are you a sales manager or a true sales leader? The difference, David Mattson, CEO, Sandler® and author, Scaling Sales Success: 16 Key Principles For Sales Leaders, maintains, comes down to whether you can see beyond five classic myths that we often tell ourselves about selling.
