This is an assignment that focuses on the innovative retention strategy involving organizational leadership. Also, it discusses the potential risks facing implementation of the strategy.
Innovative retention strategy involving organizational leadership
Organizational Leadership Scenario
You have worked for Organization XYZ as the Human Resource Director since its inception 10 years ago. Over the last year, the organization’s sales department has experienced very high turnover. It was discovered that many of the sales associates started working for the organization’s competitor due to better benefits. The CEO recently asked you to develop and implement an innovative retention strategy.
This will be the first time that the organization has updated their HR practices. Your HR Department has not experienced high turnover and is comprised of senior employees (many who have been there since the organization was founded). Your HR team has expressed their discomfort with changing the current processes. They are afraid that the changes will impact a new culture within the HR Department. This fear of the unknown has your staff reluctant to embrace change.
For this assignment you will write a four page paper that covers the following:
Firstly, present detail information about an innovative retention strategy that the organization should implement that will be effective and employees will see as motivational.
Secondly, what type of leadership approach will you use to gain a buy-in within your department? Explain your rationale.
Thirdly, mention the potential risks that you think will come with your strategy and effective methods to prevent them. Be clear and specific.
• Write a four page paper, not including the title and reference pages.
• Your paper must follow the proper citation and formatting according to the CSU-Global Guide to Writing and APA. https://csuglobal.libguides.com/writingcenter/apa_resources. • Include a formal references page. This is an individual paper; however, you should reflect on our discussion forums and incorporate ideas from there, as appropriate. • You must support your analysis with at least four references (at least two scholarly/peer reviewed), and can include resources from this course. • The CSU-Global Library https://csuglobal.libguides.com/?b=s is a good place to find these sources. You cannot use Wikipedia or any CSU-Global assignment.