Retain more value when an employee moves on
When an employee leaves your organisation, more than just a laptop and an access card go out the door.
TT38 can help you identify the knowledge, strengths, and value worth carrying forward.
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THE PROBLEM
An individual resigns.
A wealth of knowledge departs with them.
When an experienced employee leaves the company, it's not just a pair of hands disappearing from a position.
Experience, relationships, working methods, and many small details that may never have been documented in a process description also leave with them.
Some things can be transferred in a document. Others are only discovered to be missing once the person is gone.
THE CONSEQUENCE
It can take a long time to build up.
And a very short time to lose.
- Knowledge and experience can disappear with employees
- Tasks must be redistributed, relationships must be taken over or rebuilt
- The team may lose something they only later realise they depended on
- The next person in the role risks having to learn an unnecessarily large amount from scratch
Gain more from an exit
TT38 provides the employee and manager with a common language for the talents, working methods, and strengths the individual has brought to the role.
This makes it easier to discuss concretely: What has the employee been particularly good at? Where have they created value? What have colleagues depended on?
And what should you pay particular attention to when tasks and responsibilities are to be transferred – before you only discover the value once it's gone.
It's not just our opinion.
The global analytics firm, Gallup, has investigated what happens in companies that systematically work with employee strengths. In a meta-analysis based on 1.2 million employees, they found, among other things:
0 Percent more sales
0 Percent higher profit
0 Percent higher engagement
0 Percent fewer leavers
Find out what is worth carrying forward
When you articulate how the employee has contributed, it becomes easier to see what the next person in the role needs to be capable of – and what the team must ensure not to lose along the way.
This leads to a more qualified handover and a better starting point for what comes next.