Small companies face a unique problem as they try to minimize turnover and hold onto their best and brightest employees. Namely, they don’t have enough places to put them. In practice, it looks like this. A small company hires a young, ambitious person to do a certain job or perform a certain task. This new
There is no talent shortage if you’re a great place to work.”
In his book, “What Were They Thinking? Unconventional Wisdom About Management,” author Jeffrey Pfeffer devotes a chapter to “making companies more like communities.” His premise is that a company’s human capital is the key to its success, and the key to attracting and retaining the best people is to develop a caring, community-like culture. In
