Lets face it.

One of the biggest worries that plagues companies of all sizes, locations and so on, is managing attrition of good experience and talent.

And yet, there are VERY FEW companies that really wake up to this call, till an employee decides to call it a day. They all wait for the proverbial axe to fall on their necks, and then decide to either get a patch and heal it back to its old ways, or try to stitch in a solution.

Every man, woman in an organization, irrespective of rank, function, location, designation etc, has aspirations.

An aspiration to get bigger, become better, and shine brighter.

Status, capability, commercial, all these aspirations keep growing, and growing within an employee.

Organizations do try to keep up with these through performance management systems, regular benchmarking cycles and so on. And yet attrition happens.

Why ? Because of any one of the following reasons:
a) The person’s capability has stopped growing (no more challenges)
b) The org is not proactive enough to encourage and reward capability growth.

Its time orgs learned.

Managing employees is not just about passing down doles in the form of increments. Its all about managing aspirations, presenting them a way ahead to grow into their desires by managing their competencies and capabilities, credibly.

More on what my thoughts are, on various aspects of “aspiration” to follow…