Volume 23 Letter From the Editor:
When we last toured with The Art of Leadership in the fall of 2019, Marcus Buckingham shared, “Talent is the multiplier. The more energy and attention you invest in it, the greater the yield will be.” As we stare down the barrel of uncertainty once again, I’m reminded that we’ve been here before. After all, The Art Of was created in 2008 amidst the worst financial crisis since the great depression. As our financial systems collapsed, stocks plummeted, unemployment soared, and budgets slashed, we survived. Our determination and perseverance may have helped, but in the end, your commitment to leadership got us through.
Accelerated in part by the pandemic, our world is going through change at a pace we have never seen before. Employee retention rates are down, critical roles remain unfilled, and the emerging ‘quiet quitters’ trend is increasingly prevalent. The evolution of the workplace has seen employees have higher standards and greater expectations of their employers than ever before. Organizations are under more and more pressure to retain their people and to hold on to their top talent. To persevere, leaders must recruit right, better understand how their people are motivated, run more effective teams, support learning and development that boosts productivity, and ultimately drive a culture that ensures retention. Building upon these strategies offers the best chance of not only surviving, but flourishing during the recession. Your people are your most important asset, and investing in them effectively will be vital to you and your organization’s survival.
While we may face greater uncertainty ahead, one thing remains true. We can always depend on inspiring leadership to guide us through. Wishing you continued success!