The October 2021 edition of
The Insights Review, produced by the Internal Consulting group (ICG), is out now. ICG is a global network of consultants, with the goal of aiding professionals in their career effectiveness and development.
The Insights Review is a collection of abstract reviews of relevant ‘open published’ perspectives and research reports. The abstracts allow you to scan quickly for the most relevant content, and include links to the full articles.
Article of the MonthArticle of the Month for October 2021 is 'Great attrition or great attraction? The choice is yours' – McKinsey
From the abstract
A very well written article from the team at McKinsey regarding the current trend we are seeing in all of the locations in which we operate: “The Great Resignation”. I strongly urge CEOs, CHROs, CROs and Board directors to take the time to read this one.
McKinsey has identified that at least 40% of employees said that they are at least ‘somewhat likely’ to quit in the next three to six months. This finding by McKinsey has been widely reported of late. The authors propose that organisations need to understand why rather than jump to knee jerk reactions and initiatives to respond. The authors report that the trend may not be short term and those currently not considering the great resignation may also be at risk.
The exhibits in this article allow the reader to quickly understand the survey responses that support the insights identified by the authors. Exhibit 5 discloses the disconnect that employers have with the issues reported as important to the workforce. Suggestions are provided as to questions organisations should be exploring to understand and respond.
Thought provoking, evidence based, and strongly recommended for reading!
We hope you enjoy reading it and please do get in touch with any comments and suggestions.
Read the October 2021 edition