Opening Discussion Topic:
“A record number of employees today have been quitting or thinking about doing so. Organizations that take the time to learn why-and act thoughtfully-will have an edge in attracting and retaining talent.” McKinsey
“The Great Resignation is real and it’s happening.” – 15 million employees left their jobs between April & September. The Wall Street Journal
Besides “better” offers (over 2x salary increase per one ABL Member), an August WSJ survey, when asked to indicate whether they are feeling anxious about returning to the workplace, 82% indicated they are – and that doesn’t include those who are anxious for health reasons). Additionally, “many employees have gotten used to greater autonomy while working remotely and fear they’ll lose it when they return to the office.”
In this environment, how are some employers managing to attract the employees they need?
One of our members has been building her organization and continues to win recognition for having a great place to work. Among other things, she recommended we review Dare to Lead: Brave Work. Tough Conversations. Whole Hearts, by Brene Brown (which has been on the WSJ Business Bestseller List every week since its publication in 2018).
Bestselling author Adam Grant, author of Think Again (which we collectively discussed in April), wrote in the WSJ, “The debate about whether work should be in-person, remote-first or hybrid is too narrow. Yes, people want the freedom to decide where they work. But they also want the freedom to decide who they work with, what they work on and when they work. Real flexibility is having autonomy to choose your people, your purpose, and your priorities.”
McKinsey offered (on 9/30) “nine elements to get right … In an era of workplace upheaval, companies that create tailored, authentic experiences strengthen employee purpose, ignite energy, and elevate organization-wide performance.”
To kick-off our Round Table, we’ll have a brief presentation that goes deeper into the above. Then we’ll address the major 2-3 approaches you’re taking to deal with employee attrition & attraction in your organization.
As always, we’ll look to hear and discuss, “What’s Keeping You Up Nights?,” and we’ll also serve as Strategic Advisory Board Members to Frank Yeager, as he makes his Featured Member Presentation.
Frank Yeager is President, CEO and CFO of Eckert & Ziegler Isotope Products Inc. (EZIP), a leading supplier of radioactive sources, providing a broad range of isotopes, in-house R&D and engineering, and local manufacturing and supply chain control for on-time delivery and superior quality. With certifications that from ANSI, ISO, TUV, FDA, DKD, as well as a CE mark, EZIP maintains a sales and support presence in 60 countries and five production sites and three sales offices in the U.S. and Europe, serving a broad range of markets, including Medical Imaging, Industrial Applications, and Calibration Standards. EZIP employs approximately 700 people at manufacturing sites and sales offices in CA, GA (U.S.), Germany, France, UK and the Czech Republic with sales in excess of $80 million.
Our San Gabriel Valley Technology Round Table meets on the 1st Friday of the month (with the exception of some holidays, like Jan. 1st ) – via Zoom and sometimes with an In-Person option.
"I probably would have to pay 16 consultants to get the kind of great information I get from the Round Tables and the people in my group."
"ABL has been a great pay-off for me and I have found great value. It has brought me help in financing the company, resolving financial issues, and customer problems. And it’s served for personal growth, too."
"The big thing that ABL provides to us is that it’s companies of like interests, as opposed to other types of groups that have CEOs with maybe very divergent interests."
"The best thing for me about ABL are the great people in the Organization. It’s a caring group of people, they are very open in sharing their own problems, and that leads to an environment where you can share your problems back. And they’re non-judgmental. They’ll give you the best advise they can. You can take it or not."