Learn from Jeremy Suarez, Managing Partner at Tomoro & Jim Carlisle, Partner at Dinsmore. Retaining your company’s key employees is one of the most important steps toward your business’ success. Key employees can reduce your workload, noticeably improve company performance and operations, and act as the backbone of a successful business sale in the future.
So, how can you keep these employees on board and engaged as you work toward a successful future? Let’s look at some ways to keep key employees motivated to grow your business and stick with you for the long haul.
You need someone else to look at you and say this is what you're doing right, this is what you're doing wrong
The Board helped me with accountability...
Prioritizing and focusing my time where I am really working on the business
Boards are very good at having a broad swath of industries and experience that people bring to the table.
Whatever your business is, you always have to be bringing new ideas to the table, new products, new marketing
My Board Members were the only ones that were brutally honest with me about the changes I needed to make; it was the truth I needed to hear
Boards 'professionalize' my business, to learn what others were doing, and how to...make your business more organized
It's great to now have a group of individuals who can challenge me and help me avoid making the same mistakes they did
My Personal stress level today compared to prior to TAB has been reduced by 70%