M. J. Campbell Associates

Coaching Tool #2

Low Budget Options for Developing Employees

How do you develop and retain top talent without a training and development budget?

The following list offers a variety of ways managers can address the development needs of high performers with a minimum of expense.

Make a list of your high performers and check off the items that could be used with each person.

Give balanced feedback to these individuals frequently. High achievers want feedback that is direct and can help them get to the next level in their career.
Make arrangement for employees to attend meetings that will expand their knowledge of the larger organization.
Forward e-mails and memos that they would normally not receive.
Have them represent you at meetings particularly where their expertise is relative to the agenda.
Coach these individuals on influence skills that they will need to move up in the organization.
Assign employees projects where they can operate autonomously and be responsible from inception to fruition.
Provide them with current books that you have found to be helpful.
Introduce employees to thought leaders in the organization