Time and time again, we find that CEOs make dreadful decisions that since they run a commodity it is a good idea to treat their own people as a commodity.
The turnover numbers within your group may always be higher than ideal. However, there is a worse problem than actual turnover: It’s what we call “spiritual turnover." Spiritual turnover happens when people stop being engaged, involved, motivated, or psychologically present at work. Their bodies may keep walking the halls, but their souls have left the building. These organizational zombies are far more costly than actual physical turnover.
Being a successful employee requires continually honing a talent for diplomacy and collaboration. In turn, you’re rewarded with security and a steady salary, with fewer of the headaches from which entrepreneurs suffer. Running a business on the other hand, is an all-consuming, all-encompassing venture, which totally invigorates some, and totally exhausts others.
I've been my own boss for many years now, but the more time I spend trying to build businesses the more I appreciate the benefits of being an employee.