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Retain Your Talented Employees by Using Them to Grow

About the Author

Rich Meyer

Rich Meyer

Manager of Faculty and Innovation Services
Purdue Technical Assistance Program

  • 20+ years of innovation experience in the automotive industry
  • Business growth and innovation services for Purdue University for four years
  • BS in Electrical Engineering, University of Missouri-Rolla
  • MBA, Anderson University

Retain Your Talented Employees by Using Them to Grow

by Rich Meyer
Purdue Technical Assistance Program

Inviting your talented team members to help grow the company is one of the best ways to make sure they feel valued. Employees who are worth keeping want to be challenged. They want to have clear goals for delivering new products and services, and processes to achieve them. Most of all, they want to play a part in defining and inventing the future of the company. So if you want to retain your talented team members, involve them in growth.

Too many companies view the next generation of products or services as the sole domain of the owner or upper management. Often one or two people serve as the "idea people." This is a mistake. For one thing, you are telling those young go-getters that their new product ideas are of no value. For another, you are missing out on a great chance to diversify your perspective. Even companies that have dedicated R&D resources need to involve everyone who wants to contribute.

Employees who are involved in innovating the company's future are excited to come to work. They've bought into the company and begin to view the team as "us" instead of "them." When you are trying to recruit new talent, they notice that this is an exciting place to work. And who knows? The idea for your next game changer might come from one of those talented people you are trying to retain.

Purdue Technical Assistance Program
Purdue's Technical Assistance Program (TAP)/Manufacturing Extension Partnership (MEP) served more than 500 Indiana companies with workforce training and production needs from July 2010 to June 2011. Purdue MEP programs assist Indiana companies with advanced manufacturing efforts and continuous improvement principles as core workforce training and production strategies. Purdue's TAP is a NIST MEP network affiliate. For more information, contact Rich Meyer at 765-404-2128 or rgmeyer@purdue.edu

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