Talent Management - Talent Retention

by Mark Evenden @ Developing People Ltd

Is talent retention a serious issue for your organisation? Many organisations suffer each time a talented manager or member of staff leaves, as they often take with them valuable knowledge and expertise, and leave a void which can be time consuming and expensive to fill.

But why do some organisations struggle to keep their talent, and why do talented people become disillusioned and leave?

My own personal experiences have led me to a number of conclusions. Many years ago I worked for one of the UK’s largest nationalised industries which employed hundreds of thousand of people. While the organisation had many strengths, nepotism was rife, and those that got on the most were relatives and/or close friends of more senior personnel within the organisation. While I was there I witnessed numerous well qualified and talented individuals be ‘sidelined’ and not given the career opportunities they deserved.

In other organisations, I have seen talented individuals and their managers in ‘competition’ with each other. They both try and climb what appears to them as the same ladder in the organisation, and feel their personal career interests are in direct conflict. The line manager is usually the one with the power and I have seen them resort to ‘blocking behaviour’, which prevents the talented individual from progressing. The consequence of which is that they quickly became disillusioned and left.

Another main reason why talent leaves is because they become “turned off” by their line manager. A number of years ago I experienced a boss who was a ‘do what I tell you to’ manager. He wasn’t empowering, and didn’t like the idea of me (or anyone else in his team), demonstrating a great deal of initiative. However, talented individuals want opportunities to stretch and prove themselves, but some managers can perceive that giving their staff stretch opportunities to learn and develop is just too risky. They like to keep tight control as they are ultimately responsible for what their staff deliver, they do not want to risk their own reputation or career because a particular person has failed to deliver. However, the consequence of this is that the talented individual feels that they are not stretched, they become frustrated and leave. Which is exactly what I and a number of my colleagues did.

So how can businesses prevent talent from leaving? How can they prevent nepotism, blocking behaviour and over control from managers? The key is to have a visible talent management programme that is owned by senior managers where these issues can be highlighted and dealt with. In addition, businesses must provide their managers with the necessary skills to manage their talent appropriately and help them to understand the benefits of developing talent, for themselves, their team and ultimately the business’ success.