Today’s best managers understand what it takes to attract and retain the best employee talent. Focus on employee careers with the company and not just on employees’ current job. Monitor employee goals and interests and let them know about projects that might help foster their career growth. Provide opportunities for your employees to change and be challenged. Don’t get angry when top performers leave. Instead, let them know that they are encouraged and welcome to return to the company should their new job not work out. Help less-desirable employees find new careers that will benefit you when they leave.
Source: Rice, C. 2008. Retain your best people: Focus on leadership development and results. Leadership Excellence, 25/7, p. 9.