Some Excerpts of my Grad School Papers

What are the solutions to keep talented managers from leaving the company?

Is there more to it than meets the eye?

In reality, people need to make a living but more than anything else, we also need to feel respected and valued. The prevalent challenge faced by any firms today is not one of growth or profitability but retaining and motivating valued employees in the company. How then do we keep these “assets” of the company from leaving? The idea is to create an atmosphere where these key people feel they have entrepreneurial decision-making authority making them feel that they are a part of a bigger plan. Acknowledging their capacities and allowing them to work on projects also keep them motivated to work even harder.

Apart from the pay packages / monetary incentives there should always be something to keep them highly interested and motivated to work. Up-to-date trainings, seminars and lectures are some effective forms of keeping managers highly motivated and more importantly, they become more productive and efficient in their specific job task. By motivating managers, the firms/companies create the mechanism that will drive managers to succeed and be content. The greater the success (and reward), the more overall business will benefit. Once set into motion, they will result in greater employee satisfaction and lower manager turnover. Growth and profitability will automatically follow.