Three Strategies to Keep Emerging Leaders Energized

Business people laughing at lunch in a cafe outdoorsWhat role do partners play?

By Angie Grissom
Bridging the Gap

If new leaders are to come from within, then firms must succeed in retaining their team members over the long term. This isn’t always easy but with the right tactics, current leaders can establish policies that increase engagement to reduce attrition while also building the necessary skills and attitudes for successful leadership in younger team members.

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A recent survey conducted by the AICPA showed one of the biggest concerns accounting firms are facing today is employee retention and engagement. This is no surprise and is endemic throughout the entire profession. As the economy takes a turn for the better, the rate at which team members are leaving their current employment or seeking further opportunities is accelerating. Many of the people leaving firms are the emerging leaders.