Employee Retention and being a winning company
Marc Andreessen addresses some very valid points to be a winning company and eliminate retention issue.
He concludes by
Indeed this Friday evening I was talking with a colleague and we touched the same intangibles points to keep talents in the company. One additional thing that we had was having fun with what we are doing.In general, the intangibles that keep great people are: the quality of the people they're working with, the interestingness level of their projects, and whether they are learning and growing.
The tangibles are: winning, and a high stock price.
As the leader, you have to really believe that you can get your company back to winning and therefore back to a high stock price.
If not, you should sell the company.
1 comment:
I agree with all factors, but ask why do you separate "tangibles" from "intangibles". They are all measurable, and all directly affected by management.
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