I was not surprised to recently read that graduates aged around 29 feel unappreciated, unrewarded and unless it changes are about to leave the games field (their current employers) and take their ball with them.

As we know generation Y refers to people born between 1985 and 2000 and if one believes the Great Expectations Report published by ILM and Ashridge Business School their expectations of employment aren’t being met.

They had better get used to it
When I told a friend of this his reply was “Well, they had better get used to it. Who’s expectations are being met in this current business climate” and then went on to talk about the “poor products” that come out of universities and business schools that I thought a bit harsh.

However, the research in the report states that 45% of the group believe their salaries are below expectations. 38% think their career opportunities disappointing and that over one third (40%) will be thinking of leaving their current job within twelve months.

Talent pipeline
Whilst this report shouldn’t be a surprise, as far as my experience goes if you ask any group of employees if they are happy a large proportion won’t be and will be looking for employment elsewhere. However, for businesses trying to create a pipeline of talent able to be the managers of the future the thing I would suggest is not to panic. Some turnover is good and if you’re hanging onto the majority of the employees you find most useful through targeted actions then it’s as good as one can hope for.

Then again there was the useful piece of advice from the ILM Chairman Peter Cheese, “How employee groups are managed is integral to holding onto them.”
Now there’s something new!

“What are the top ten questions that a team leader could ask at a team
meeting to generate discussion that will lead to team improvement” a good
friend asked me a few days ago.

I found providing an answer very difficult
because the questions a team needs to consider will depend upon the business
issues at the time, the maturity of the team and other factors. After thinking about it I told him that I
probably had a hundred questions I could ask and he challenged me to email
him one each day for the next one hundred days!

The first two questions have already been sent to him and then I got thinking that I could include the questions as a Tweet to all my followers.

So each day I will Tweet a question that could be asked and discussed at a team meeting. If you don’t want to miss these Tweets then “LIST” me on twitter so that you can have them sent directly into your list

Questions to ask at a team meeting that have been sent so far are:

“How does the team generate and progress new ideas?”

 and

“What level of clarity has the team of the expectations of it?”

It seems that “losing top talent to competitors” is keeping some senior Directors awake at night. In the past few days I’ve been approached by three different companies asking for help to reduce the risk that their top talent might leave the team.

Here are just three of the tips I advise my clients when advising on retaining talent.

1) Ask yourself the reasons why the talent joined your team in the first place. (Was it challenge of the work, learning opportunities, career path, the business looked great on their CV, resume?). Are these reasons still relevant and are they still being delivered?
If not then the talent is at risk of leaving.

2) Ask yourself the value of your “Poach Rate”. The “Poach Rate” is the additional percentage in salary that a competitor would need to offer to steal your talent. The higher the percentage increase in salary the more your talent values working for your team. If the competitor only has to offer an additional 2-5% salary increase then the reason for leaving is more likely to be poor management, poor culture, few learning opportunities etc.

3) Meet and observe your top talent. Not just at appraisal times but regularly.
Listen and look at the way they walk, talk, dress, engage with customers and colleagues at meetings. (I often go into a business and find that I can identify a talent that’s “on the way out” by just looking at how engaged they are. But then I do this as a matter of norm and often I’m not wrong!)
Ignoring talent because you believe it’s happy, or you’re too busy to observe it, tends to increase the risk that it will leave.

Finally it’s worth considering that the day a talented member of your team tells you they are leaving your team is probably six months after they made the decision to do so!

Quite a stir was caused this morning on Twitter when I suggested that Lack of talent is the biggest obstacle to growth but many businesses don’t have tools to find and keep talent in place.

A couple of people suggested that this Tweet was bull**t and that “Tools don’t find and keep talent; you need good managers for that”. A sentiment, by the way, that I wholly agree with! However, good management rarely operates on its own and often needs to use techniques, models, processes and past experience to guide actions and decisions and these I call “Tools”. In fact I would add that utilising tools in this way is a sign of “Good management”. Trying to manage without tools is often identified as “poor management”.

Now I enjoy having my thoughts and articles challenged and contradicted, it’s what makes for good debate and learning and I’ve got used to my “pearls of wisdom” being dismissed by those unable to understand the subtleties of what I’m saying, but I do wish that they would do so using logic and experience. “Bull**t” is so difficult to reply to!