It is often seen that people who are outstanding performers in their functional area as individuals prove to be less successful leaders, particularly in terms of motivating, developing and retaining the talent in order to have a team of highly motivated and dedicated employees. Further, the high stakes for new leaders and their organizations add to the pressure, as they are accountable for their own performance as well as driving others to perform. Samuel J Palmisano, CEO of IBM, Australia and New Zealand, said, "Our commitment to diversity gives the company access to the brightest and best in the workplace: It engenders loyalty; it builds our reputation for good corporate citizenship and enables us to compete more effectively in the marketplace.
It simply makes good business sense."In an ideal situation, an employee would love his job, co-workers, employer, organization, working conditions and almost everything that relates to his job. But step into the practical world and let me caution you, you are in for a surprise. About 70% of employed population is not all that happy about one or all of the aspects mentioned above. This is how the process of attrition surfaces in an organization. In simple terms, `attrition' is used to refer to the process of exit of employees from a company, for various reasons. |