Leading in the Great Resignation

The great resignation is a term used to describe the phenomenon of employees quitting their jobs at a high rate, often due to a lack of engagement, dissatisfaction with management, or a lack of growth opportunities. While this can be a major challenge for organizations, leaders can also take advantage of this situation by using it as an opportunity to improve the company culture and boost employee engagement. Here are some strategies that leaders can use to take advantage of the great resignation.

  1. Use exit interviews to gain insight: Exit interviews can provide valuable insight into why employees are quitting. Leaders should use this information to identify patterns and trends, such as common complaints or issues, and take action to address them. This can help to improve the company culture and prevent future resignations.
  2. Create a culture of open communication: Open communication is essential for preventing the great resignation. Leaders should create a culture where employees feel comfortable sharing their thoughts and opinions, and where they are encouraged to speak up about any issues or concerns. This can help to build trust between employees and leaders, and will create a culture of transparency and accountability.
  3. Recognize and reward employee performance: Leaders should recognize and reward employees for their hard work, as this will help to build a sense of loyalty and commitment. This can be achieved by providing regular feedback, offering bonuses and promotions, and recognizing employees in company-wide communications.
  4. Improve work-life balance: Companies that offer a good work-life balance are more likely to retain employees. Leaders should work to create a culture where employees are encouraged to take time off and pursue their interests outside of work. This can help to reduce burnout and increase employee engagement.
  5. Emphasize on team work: Encourage team work and collaboration, as this will help to create a sense of belonging and community among employees. This can be achieved by promoting teamwork activities and encouraging employees to work together on projects.

In conclusion, the great resignation can be a major challenge for organizations. However, by using exit interviews to gain insight, creating a culture of open communication, recognizing and rewarding employee performance, improving work-life balance, and emphasizing on team work, leaders can take advantage of this situation and improve the company culture and boost employee engagement.

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Johnny Quinn is a U.S. Olympian (Bobsled) and Speaker. He delivers thought-provoking and action-packed speeches to help increase performance and teamwork in business and in life. Companies that have hired Johnny to speak include: Toyota, Chick-fil-A, Cisco, Southwest Airlines, Wells Fargo, Zillow, LiftMaster, Fiserv and Lockheed Martin.

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