Leadership Update for April 2000, Free Electronic Newsletter Leadership Update, April 2000 Leadership Update is a free electronic monthly newsletter. In it, you'll find strategies for helping you realize your full professional potential.
Workers have to recognize and get behind something of established identity.
The management of meaning, mastery of communication, is inseparable from effective leadership. We haven't failed. We now know a thousand things that won't work, so we are much closer to finding what will. An article in the Winter 2000 issue of Benefits and Compensation Solutions magazine reports that employee retention is a major issue for approximately 80 percent of Fortune 1000 companies. And while about half of those companies are planning to offer generous compensation packages next year as a way of keeping their best and brightest, most employees report that they feel more long term loyalty not because of money, but because of feelings of accomplishment, achievement, contributing to something larger than themselves, and similar factors.