In today's fast-changing and increasingly complex and competitive business environment, retaining key talent is important to not only organizational success but also survival. Demographics make it clear that retention will become even more critical in the years ahead. Yet retention alone is not enough; organizations also need to motivate and develop their key talent. Luckily, retention strategies also reinforce motivation and development.

Knowing what members of both the current generation of leaders and the generation of emerging leaders want and need to stay with their organizations can help leaders in devising effective retention plans. Moreover, CCL's research suggests that what is important to Boomers and Gen-Xers may not be so ...

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