Staff development is probably the most critical piece of planning for future strength. In building for tomorrow, mentoring, training, support and permission to fail are mandatory. Constantly monitor whether your stars are being used and developed to their potential. Lessons learned by young people watching true leaders are retained long after the mentor is gone. Be certain the corporate vision is more than words on paper, that it is visible in the actions of every employee.
Continuous education is a critical competitive weapon.
However, if the firm leaders are not personally committed, the junior staff may have a difficult time finding the hours and money to pursue the goal. Employee loyalty is elusive at best, particularly at a time when most companies can't guarantee job security. The most enlightened companies are building employee relations by providing new opportunities for success, open communications, individual empowerment and education and career counseling. That seems sound advice. Keep the challenges stimulating, the financial rewards reasonable and most employees remain loyal, productive and happy.