Silicon Valley Innovation Center | Digital Transformation

As has been said many times - employees are the most valuable asset of any company. If your goal is a success, you need to have skilled and engaged employees. However, you also need to retain your top talent in your company. You invested in them, so you cannot easily let them go to your competitors, isn't it? However, retaining of talents is not an easy task. They know how much they are worth and expect to give them more than competitors would give them. Only in this way, they will stay loyal to you. Here are five tips how you can retain your top talents. Use transformational leadership style A transformational leader supports employees, takes care of them and motivates them to follow him voluntary instead of forcing them to work what he says. He builds a culture of change and cooperation where all can freely express their ideas and thus contribute to the company's progress. He focuses the team building, talent development, and collaboration. If you are able to reach ...

Innovation is the basis of the sustainable competitive advantage. Only those who continuously innovate can stay long on the market. However, innovativeness is possible just if a company is capable of creating capacity for innovation and applying the digital business transformation. Digital business transformation boost innovation As business environment is changing, the companies need to change as well. Those who do not conduct changes cannot expect the business success. In this regard, a company continually needs to innovate and thus improves its business performance. However, to accomplish that, companies need to create a capacity for innovation and adopt new digital solutions to boost innovation. Exceptional effects can only be achieved through disruptive innovation such as new digital solutions that have brought many changes. The digital business transformation has reshaped the way of doing business. It also has increased customer expectation. They are now much more dem...