Masterclass: How to best nurture your firm's talent

MOTIVATION

clock

Lee Travis, chief executive of the New Model Business Academy, offers his top tips on how to motivate and retain the existing talent in your business.

It’s true: you don’t know what you have got until it’s gone. With lots of talk about growing businesses, one thing any business owner should never take their eyes off is retaining existing talent, particularly if the team is working extremely effectively as a unit. All it takes is for one key member of the team to resign and you could be left with a void that is very hard to fill – never mind potentially costly – without any guarantees that a replacement will be as effective. See a trend of leavers and you have major problems, so it can never be taken for granted. I am not just talkin...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Friday Night Takeaway: Is talk of bonds giving you whiplash?

Friday Night Takeaway: Is talk of bonds giving you whiplash?

The editor's Friday Night Takeaway from 12 April

Hope Coumbe
clock 12 April 2024 • 1 min read
Editor's View: A very happy new (financial!) year to you

Editor's View: A very happy new (financial!) year to you

The editor's Friday Night Takeaway from 5 April

Hope Coumbe
clock 05 April 2024 • 1 min read
Spouses using different advisers can often cause difficulties

Spouses using different advisers can often cause difficulties

Looking at industry thoughts on the back of last week’s PA Asks poll

Hope Coumbe
clock 25 March 2024 • 1 min read