Building Leaders from Within: Building Loyalty and Leadership in a Time of Economic Growth

Authors

Heather Larkin, Romanoff Group

Files

Abstract

Columbus, Ohio celebrates a 3.6% unemployment rate. With a construction boom and a lack of skilled workers, Romanoff Group attracts and maintains its talent by building from within and maintaining a relaxed and fun atmosphere. With approximately 200,000 construction jobs in Ohio, the company focuses on multiple workplace initiatives that provides employees an opportunity to scale up their skills and capabilities from the field to the C-suites. The data indicates that the average employee's tenure with Romanof far exceeds the average stay of 4.6 years as reported by the Bureau of Labor Statistics. Forbes magazine reports that talent development and the ability to have fun are two of the greatest indicators that employees will stay with a company. Romanoff Group understands the research that explains that monetizing rewards alone will not create the types of intrinsic motivation that leaders hope to build within their companies. Survey results indicate that employees feel supported and satisfied with their growth opportunities and that leads to diminished transient employment.

Publication Date

10-7-2016

Disciplines

Labor Relations | Training and Development

Recommended Citation

Larkin, Heather, "Building Leaders from Within: Building Loyalty and Leadership in a Time of Economic Growth" (2016). Learning Showcase 2016: A Celebration of Discovery, Transformation and Success. 36.
https://fuse.franklin.edu/ss2016/36