Emily Frieze-Kemeny, the CEO and Founder of AROSE Group, a leadership consulting firm, emphasizes the importance of retaining top performers in organizations, especially strong leaders who drive performance success. With over 60% of employees considering leaving their jobs at any given time, particularly among Gen Z and millennials, the fear of losing top talent is becoming more prevalent in today’s workforce.
To address the challenges of retention, AROSE Group has developed the “Four Ps to Retention” framework, which consists of probative, prerogative, purposeful, and proactive lenses. The probative lens focuses on understanding the real reasons behind employee departures, which can include work overload, lack of resources, manager issues, and culture misfit. By conducting one-to-one stay and post-exit interviews, organizations can better identify and address these retention issues.
The prerogative lens encourages organizations to assess whether retaining certain employees is in the best interest of the company. Factors such as changing business conditions, toxic attitudes, and culture fit can influence the decision to let go of certain individuals. By recognizing when it is time for employees to move on, organizations can create a healthier work environment for the rest of the team.
The purposeful lens emphasizes the importance of engaging and motivating top performers who contribute significantly to organizational success. By understanding what drives these employees and showing appreciation for their work, organizations can increase retention rates and create a more positive work environment. Managers and mentors play a crucial role in recognizing and supporting the needs of high performers.
The proactive lens focuses on strategically addressing retention risks before they become larger issues. This involves designing roles and teams that cater to the needs and interests of top performers, as well as providing personalized incentives and rewards. By enabling employees to craft their own rewards and providing opportunities for growth and development, organizations can increase employee satisfaction and retention.
Overall, creating a successful retention strategy requires a combination of proactive measures, organizational design, continuous improvement, and personalized incentives. By aligning employees with the right roles, teams, rewards, and opportunities for growth, organizations can attract and retain top talent while driving performance success. Emily Frieze-Kemeny’s approach to retention offers a comprehensive framework for addressing the challenges of retaining top performers in today’s competitive business environment.
