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Leaders face an unprecedented talent challenge with no immediately obvious solution. Recently economists have connected what is now labeled Quiet Quitting to a fall in US labor productivity output. It is easy to logically think of the talent challenge as attracting and retaining the right people.
As in many fast-paced companies today, consulting staff operate without formal job descriptions or handbooks. BCG recognized that many talented leaders, particularly women, have strong communication skills that differ from the dominant style. Are you retaining more top talent? Prioritize and monitor relationships.
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Linda’s company, Talent Reconnect, offers returnships that are aimed mostly at women who have graduated from top business schools but who had 2 to 5 years of post-MBA experience before opting out. And when I say smaller, I don’t mean dinky. When I talk to the VP of HR, they tend to either get it in 5 minutes or not.
In fact, the script is exactly what the playwright intended, but the director and the actors embellish the script in each production and performance. Nuance disappears as we swap one language for another, which is why a talented translator is so much more valuable than a computer doing the same work. That’s part of their job.
An employee handbook update doesn’t usually merit a press release and glossy promotional video — except when there’s a benefits arms race on. The paid-parental-leave arms race is red-hot because employers see a unique opportunity to nab talent and headlines by one-upping their competitors.
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If your employee handbook or HR policy manual is large and prescriptive, consider the following: Don’t play “gotcha” — make positive assumptions about employees. If you believe employees require need strict rules and enforcement to be productive, hiring and retaining high-performance people will be a challenge for you.
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