Best Way to Save: Analyze Why Talent Is Going Out the Door

THE WALL STREET JOURNAL—Few things trouble executives more than watching outstanding talent walk out the door. In burgeoning industries, such as technology, the most creative minds never lack for job offers. Turnover also is common after changes in the corner office or down the ranks, or when a company is acquired.

Even a small flight of out-of-the-box thinkers or managers who prompt the best work from employees can take considerable time and expense to replace. Some executives try to stop exiting high performers with offers of more pay or promotions. But others react defensively, telling themselves that whoever is leaving wasn’t a big loss. Read article.