Tip: Keep Employees by Helping Them Develop New Skills - Modern Distribution Management

Log In

Tip: Keep Employees by Helping Them Develop New Skills

Retention strategies should begin with making employees feel invested.

One of the most important levers a company can use to retain talent is to continually offer opportunities to grow and learn, according to Rebecca Ray, human capital practice lead for The Conference Board, in Distribution Remodel: Deepen Talent Development.

“If organizations fail to do that, people are going to go elsewhere,” she says.

Many employees are no longer satisfied with doing the same thing day in and day out for their entire career. But talent development extends beyond training on products and processes; it’s an investment in the culture and future of the organization. 

“Companies, particularly CEOs, are starting to recognize that innovation comes from people,” Ray says.

As the labor pool tightens, developing and retaining existing employees becomes more attractive and critical for business success. It’s not about promoting new hires to C-level positions in six months, but instead making them feel they are an integral part of the organization.

Read more about cultivating current employee's skills in Distribution Remodel: Deepen Talent Development.


Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.