Category Archives: Employee Turnover

Pay for Presence or Pay for Results?

How much paid vacation do you receive from your company? Do you take it all, or do you find yourself giving or banking time at the end of the year? Would you take more time off if you were allowed? Even if it meant that your team would underperform or miss important deadlines?

Sir Richard Branson is betting that the employees of his company will maintain an appropriate balance between getting the work done and taking off all of the time they want. His company is the latest to grant employees unlimited vacation time. Continue reading

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You Can’t Lead if You Can’t Develop

There are three realities in leadership: Leaders are defined by their results. The act of leadership is about the ability to influence others to accomplish the desired result. You will never succeed at your first two responsibilities if you can’t … Continue reading

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Why You Will Lose Your Best Employees

Your best employees are contemplating quitting. Some of them already have – even though they are still on the job.

Hiring is picking up – especially for the stars who more than compensate for their cost with superior performance. Your best employees will have the opportunity to leave.

Are you vulnerable for an exodus? Chances are the answer is yes if you are guilty of any of the following:
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If Shakespeare Wrote About Business Today

You may not remember Dick the Butcher. He was a rather forgettable character in William Shakespeare’s play, Henry VI, Part II. The chances are good, however, that you remember Dick’s famous line: “The first thing we do, let’s kill all the lawyers.”

Henry VI addresses England’s loss of its territories to the French and, most important, the personal jealousies that tor the political system apart. Dick, a follower of the anarchist character Jack Cade, believes that lawyers played an active role in keeping the common people down.

So what would Shakespeare’s character say today if he were to write about the poor performance and caustic environment that plagues many organizations and keeps workers from being productive?
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The Only Leadership Principle You Will Ever Need

It is time to stop thinking about new management initiatives and start embracing leadership principles. Programs and initiatives come and go. Principles never end.

There is only one leadership principle you will ever need if your goal is a culture where everyone is committed to consistent results, strong working relationships, and volunteered accountability. Continue reading

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Performance Reviews Would Be Great If…

Complete this sentence: Performance Reviews would be great if ….

I asked participants in a series of workshops that question last week, and their answers were surprising and inspiring. There were the usual responses thrown in for comedic effect such as performance reviews would be if I always received top reviews and the maximum pay raise. But, most of the responses suggest that performance reviews could be valuable tools to provide feedback, encourage improvement, and enable results.
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Let’s Be Honest About Dishonesty

Dishonesty is not new, but let’s be honest—our society has raised the rationalization of dishonesty to an art form.

When it comes to the truth, we embellish, expand, enrich, soften, shave, stretch, and withhold. We misspeak, pretend, bend, and improve. We are guilty of mistakes, misjudgment, and truthful hyperbole. We exaggerate, spin, filter, and inflate.

However, we rarely—or perhaps even never—believe that we are guilty of dishonesty.
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Posted in Accountability, Business Growth, Business Presentations, Business Strategy, Communication, Corporate Culture, Decision Making, Employee Retention, Employee Turnover, Execution, Growing your business, Integrity, Leader, Leadership, Liar, Mistakes, Personal Development, Randy Pennington, Results, Trust | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off

Three Important Questions

Someone out there is waiting to take your customers, your best employees, and ultimately, your business. Your competitors are not just the usual suspects you know. They can come from anywhere – from a dorm room to a foreign country. Continue reading

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Yes, But How?

Consciously changing – even tweaking – a culture is hard work.. There is no twelve-step program. There are choices you can make that, over time, will help you repair a damaged culture or sustain and grow a positive one. Continue reading

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Are You Vulnerable for an Employee Exodus?

Your best employees are contemplating quitting. Some of them already have.
Increased turnover always occurs after a recession. Pent up demand for new talent combines with pent up desire for something better, and the people with the best skills – your star employees – start listening to the offers for more money and opportunity.

Are you vulnerable? Chances are the answer is yes if you are guilty of any of the following:
Continue reading

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