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Strategies for Long-Term Talent Retention in Small Businesses
The chapter explores the significance of aligning team members with the future vision of a small business to retain talent. It emphasizes the strategy of creating clear career paths over the next three years based on growth opportunities, rather than solely financial incentives, to keep top performers engaged. The discussion sheds light on the evolving approach to recruiting, focusing on candidates who align with the organization's long-term goals to combat high turnover rates.