Lots of companies are talking about retention strategies for their people. As an EOS company, here is a case for why doing EOS really well and cascading it is the best strategy for keeping your people.
The Gallup organization came up with 12 questions that assessed an organization’s strengths in customer satisfaction, profitability, productivity, and employee turnover. The four questions they ask that statistically tie to turnover are:
- I know what is expected of me at work
- I have the tools I need to do my job
- I have an opportunity to do what I do best
- Someone at work cares about me as a person
(Here are all twelve questions)
If improving retention/engagement is a goal for 2020, here is how the EOS rhythms will help:
Expectations | Needed Tools | What I do best | Cares about Me | |
100% Right Person Right Seat | x | x | x | |
Quarterly VTO Sharing | x | x | x | |
Weekly L10s | x | x | x | |
Measurables | x | x | ||
Quarterly 5-5-5 | x | x | x | x |
Rocks | x | x | x | x |
The power of cascading these tools is that, if done well, it becomes a powerful tool to keep your entire team engaged in their work and contributing at a high level.
What’s Next?
Should you need help from an experienced implementer, please don’t hesitate to reach out through my EOS page.