The Overlooked Way To Reduce Employee Turnover By 59%

Covid has reimagined our world of work in every possible way. What worked before will Covid has reimagined our world of work in every possible way. What worked before will not work now. Leaders and employees alike have recalibrated and reflected on what they hold dear. But one thing remains certain. Teams that work well together outperform those that work as a team of individuals. Research from Gallup shows that a highly engaged team exhibits 21% greater profits. In addition, teams who score in the top 20% of engagement have a 41% reduction in absenteeism and 59% less turnover. During the Great Resignation, leading from a place of strength and knowing how to engage teams is pivotal. But leading in this new world of work has become a trial and error practice for most seasoned leaders, until now. A new bestselling book, Arrive and Thrive, 7 Impactful Practices for Women Navigating Leadership, takes a look at the seven essential practices of a leader. But don’t be fooled by the title; the ideas are identical for all genders.

Glass ceilings are shattering everywhere as women are ascending to leadership roles faster than in recent history. From the boardroom to the Supreme Court of the United States, more women are leading teams and corporations. But getting to the top is one battle; thriving is quite another. Moreover, there is a fundamental difference between surviving and thriving. Surviving leads to burnout while thriving leads to success. So what does it take for women to flourish in leadership roles?

Based on advice from some of the world’s most successful leaders, the authors curated seven target ways for leaders to thrive:

Invest in your best self

Before you can lead others, you need to know yourself well, leverage your strength and ensure you are leading from that place of positivity and growth.

Cultivate courage

As the high achievers in the book, The Success Factor state, you need to fear not trying more than you fear failing. This belief allows you to take risks not in the absence of fear but rather despite it.

Foster resilience

Building resilience allows you to overcome setbacks and lead more powerfully.

Inspire a bold vision

Recognize what needs to change, reimagine what the future would look like with this modification, and then make it happen.

Create a healthy team environment

Just as you are leading from your best self, your goal should be to have your team members do the same. According to Gallup’s Strengths Finder 2.0, there is only a one percent chance the team member will be disengaged when you focus on strengths. However, if you focus on the weakness, that number climbs to 22%.

Lead inclusively

Lead by example and create a culture of equity and inclusion.

Embrace authenticity

Dr. Francis Collins led the National Institutes of Health for over 13 years, serving three

U.S. Presidents. A world-renowned physician-scientist, Dr. Collins often accompanied his scientific talks with music and even formed a band with other scientists. During the pandemic, he would perform various parodies and accompany himself on his guitar. Dr. Collins was bringing his whole self to work, and that value was embraced by those with whom he worked.

The authors speak from a place of profound experiences. Susan Brady is the Deloitte Ellen Gabriel Chair for Women and Leadership at Simmons University and the inaugural CEO of The Simmons University Institute for Inclusive Leadership. Janet Foutty is the executive chair of the board of Deloitte US, the largest professional services organization in the United States. Dr. Lynn Perry Wooten is the president of Simmons University and a global expert on organizational development and transformation.

These ideas might seem obvious, but history has shown that they are difficult to initiate. If it were easy, everyone would be doing it and thriving at work. Arrive and Thrive offers a blueprint with practical, actionable steps to help you become a thriving leader who can motivate a team and organization to succeed.