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ACG Strategic Insights

Strategic Intelligence That Drives Results

Why Your Top Performers Are Interviewing Right Now: The Strategic Leadership Test

  • Writer: Jerry Justice
    Jerry Justice
  • Jan 7
  • 8 min read
Professional female executive having a thoughtful one-on-one conversation in a modern office setting, suggesting strategic dialogue and leadership engagement.
Your top performers are evaluating their futures right now. The question is whether you're part of that conversation or absent from it.

You spent December planning budgets, setting targets, and mapping initiatives for the year ahead. Your competitors spent December mapping your org chart.


While you were offline during the holidays, recruiters were busy. They weren't cold-calling random names from LinkedIn. They were targeting your highest performers with precision. The ones who drove last quarter's results. The ones whose departures would create strategic gaps you can't fill quickly.


This isn't speculation. Stepstone research shows that January brings a 30% increase in job applications and a 13% rise in job searches compared to other months of the year. Your best people aren't just passively open to opportunities. They're actively engaged in conversations that could end with signed offer letters by month's end.


The question isn't whether your top performers are interviewing. The question is what you're doing about it right now.


The January Window When Commitment Gets Reassessed


The start of a new year triggers a unique psychological shift in top performers. They're reflecting on where they are versus where they want to be. They're assessing whether their current role offers the growth trajectory they need. They're asking themselves hard questions about purpose, impact, and opportunity.


Performance reviews are complete. Bonus outcomes are known. Strategic priorities are being communicated. For top performers, this is when personal and professional trajectories get evaluated side by side.


Am I growing here. Am I trusted here. Am I being prepared for what comes next.


Your silence during these first critical weeks sends a message. When leaders fail to engage their best people in meaningful dialogue about their futures, those people interpret the silence as indifference. They assume their contributions are taken for granted. They start responding to recruiter messages they would have ignored in November.


The irony is painful. While you're heads-down executing the strategic plan you developed without their input, they're taking calls from organizations that see them as the foundation of a strategic plan they haven't built yet.


Why Compensation Conversations Miss The Point


Most executives understand turnover is expensive. The real cost isn't the recruiter fee or the salary bump for a replacement. It's the strategic momentum you lose.


When a top performer leaves, they take with them institutional knowledge that can't be transferred in an exit interview. They take relationships with key clients who may follow them. They take the unwritten processes that make complex projects run smoothly. Most critically, they take the organizational confidence that comes from having proven leaders in critical roles.


Doug Conant, former CEO of Campbell Soup Company, built his entire leadership philosophy around this truth when he said, "To win in the marketplace, you must first win in the workplace." Your success in retaining top talent isn't about outspending competitors on salary. It's about creating an environment where your best people feel valued, challenged, and strategically important.


The typical replacement cost calculations miss the point entirely. You're not replacing a job function. You're trying to rebuild strategic capability while your remaining team absorbs the workload, competitors sense vulnerability, and other high performers start wondering if they should be looking too.


Top performers don't leave because they feel underpaid. They leave because they feel unseen.


They notice when leaders schedule operational updates instead of strategic dialogue. They notice when development conversations are deferred. They notice when succession discussions happen around them rather than with them.


Marcus Buckingham, British author and organizational consultant, observed, "People leave managers, not companies. And they leave when they stop seeing a future in the relationship."


The first two weeks of January quietly reveal whether strategic leadership views talent as replaceable capacity or as long-term strategic capital.


Research Shows What Drives Departures


Exit interview research from Sparkbay reveals that among high performers leaving for lateral or slightly higher-paying roles, 50% cited lack of development opportunity as their top reason for leaving. The Work Institute's 2024 Retention Report confirms this pattern, identifying career development as the number one reason employees quit their jobs for over ten consecutive years.


Research from Harvard Business School professor Boris Groysberg shows that star employees' performance is highly dependent on organizational context and internal support systems. When high performers perceive strong career sponsorship and development pathways, they're substantially less likely to engage in external job searches during market-active periods.


The 2022 MIT Sloan Management Review article "Toxic Culture Is Driving the Great Resignation" found that toxic corporate culture was the strongest predictor of employee turnover and was ten times more important than compensation in predicting who would quit. Leadership issues, lack of recognition, and insufficient career development opportunities consistently drive disengagement and attrition.


Your best people want to know they matter beyond their current deliverables. They want to understand how their work connects to larger strategic objectives. They want to see that you're thinking about their development with the same intensity you think about market positioning and competitive advantage.


The Strategic Leadership Questions That Change Everything


The conversations that matter most in January aren't about goals and metrics. Those matter, but they're transactional. The conversations that create lasting retention focus on strategic questions that signal you see top performers as part of your long-term strategic capacity.


Where Do You Want to Be in Three Years?

This question signals you see them as part of your long-term strategic capacity, not just a resource for this quarter's initiatives. It invites them to think beyond their current scope and envision bigger possibilities.


What Skills or Experiences Would Make You More Valuable to This Organization?

This shifts the conversation from performance evaluation to strategic development. It acknowledges that their growth matters to organizational success. It creates space to discuss opportunities that align their aspirations with business needs.


What Would Make This Role Irreplaceable for You?

This question flips the typical retention conversation. Instead of you telling them why they should stay, you're asking them to articulate what would make leaving unthinkable. Their answers give you the roadmap for creating the conditions that keep them engaged, challenged, and committed.


What's the Biggest Barrier to Your Success That I Can Remove for You?

Servant strategic leadership is defined by the removal of obstacles. When a senior executive knows their boss is actively clearing the path, they're far less likely to look for a path elsewhere.


How Does Your Work Here Fit Into Your Personal Goals for the Next Three Years?

Connecting professional output to personal fulfillment is the cornerstone of sophisticated retention strategy. It proves that you see them as a whole person, not just a producer of results.


What Your Competitors Understand That You Don't


Organizations that consistently retain top talent don't offer dramatically higher compensation or better perks. They offer something more valuable: strategic inclusion.


They involve their best people in shaping direction, not just executing it. They create opportunities for high performers to lead initiatives that stretch their capabilities. They make development conversations a regular practice, not an annual checkbox exercise.


Anne Mulcahy, former CEO of Xerox, understood this deeply. She once observed, "Employees who believe that management is concerned about them as a whole person, not just an employee, are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability."


That's not soft thinking. That's strategic thinking about the drivers of sustainable competitive advantage.


The companies recruiting your people right now are selling a compelling narrative. They're offering the chance to build something, to shape strategy, to be part of a leadership team that values their input. They're creating urgency by positioning these opportunities as rare and time-sensitive.


You can counter that narrative, but only if you act now.


Building Strategic Leadership Practices That Retain Talent


Effective retention starts with honest assessment. Who are your truly irreplaceable people? Not your longest-tenured employees or your highest-paid ones. The people whose departure would create strategic risk.


Once you've identified them, ask yourself what you know about their career aspirations. If you can't answer that question clearly, you're vulnerable. If your last meaningful conversation about their development happened during their last performance review, you're already behind.


Frances Frei, Professor of Technology and Operations Management at Harvard Business School, captured this truth when she said, "People commit to leaders who commit to them first. Commitment shows up in where leaders spend their time."


Time spent early in the year speaks louder than promises made later.


Create a retention approach built on three principles:


First, make development conversations frequent and strategic. Monthly check-ins focused on growth, challenges, and opportunities beat annual reviews every time.


Second, involve your best people in strategic decisions before they're finalized. Give them visibility into the thinking behind major initiatives. Ask for their input on direction, not just execution.


Third, create clear pathways for advancement that don't require waiting for someone above them to leave. Internal projects, stretch assignments, and strategic task forces all provide growth opportunities without requiring organizational restructuring.


The Cost Of Waiting Until Exit Interviews


Cheryl Bachelder, former CEO of Popeyes Louisiana Kitchen, built her turnaround strategy around servant leadership principles. She understood that "retention is the result of an environment where people feel they are making a difference and are part of something bigger than themselves."


Exit interviews reveal patterns too late to change outcomes. By the time they occur, the decision is complete. The more useful approach is conducting entrance conversations at the start of the year.


Top performers want to know: Do you see my future here. Are you willing to invest in it. Will you advocate for me when decisions are made.


James M. Kouzes, leadership scholar and co-author of The Leadership Challenge, wrote, "Exemplary leaders know that if they want to gain commitment and achieve the highest standards, they must be models of the behavior they expect of others."


January is when modeling that commitment matters most.


The Two-Week Window That Decides Who Stays


You have roughly two weeks from when employees return from holiday break to reset their trajectory for the year. After that, patterns solidify. People who feel undervalued in early January rarely change their minds by February, no matter what retention efforts you deploy later.


This window requires intentional action. Block time on your calendar this week for strategic conversations with your top performers. Not performance reviews. Not goal-setting sessions. Real conversations about their futures and how those futures align with organizational strategy.


These discussions don't need to result in immediate promotions or compensation adjustments. They need to result in your people feeling seen, valued, and strategically important. They need to walk away thinking, "My leader is invested in my success" rather than "I wonder if anyone here notices my contributions."


Eleanor Roosevelt, Former First Lady and United Nations Delegate, wisely observed, "To handle yourself, use your head; to handle others, use your heart."


Strategic Leadership Means Acting Before The Market Does


January hiring activity is predictable. Leadership response often is not.


Executives who retain top talent in competitive markets act before signals become symptoms. They understand that silence creates space, and space invites alternatives.


Strategic leadership in Q1 is not about reacting to resignations. It's about preventing the conditions that make them logical.


The goal isn't to prevent every departure. The goal is to ensure that when top performers leave, it's because they received a genuinely better opportunity, not because you failed to show them they matter.


Your top performers are interviewing right now. That's not a failure of your leadership. That's the reality of a competitive talent market where your best people are always in demand.


The failure would be ignoring this reality and hoping retention takes care of itself. The failure would be discovering in March that your highest performer gave notice, and realizing you never had the conversations that might have changed the outcome.


You can't control whether recruiters call your people. You can control whether those calls gain traction. That control comes from the questions you ask, the conversations you prioritize, and the strategic investment you make in the people who drive your results.


The next two weeks will determine whether your best people spend the year building your strategy or someone else's. Choose accordingly.


Organizations that retain high performers consistently treat leadership development and talent strategy as executive priorities, not seasonal initiatives. At https://www.aspirations-group.com, Aspirations Consulting Group partners with senior leadership teams to strengthen strategic leadership practices, clarify succession pathways, and build intentional development frameworks that reinforce commitment early and often. To discuss how your organization can retain and engage its most critical talent during pivotal moments, schedule a confidential consultation to explore your specific needs.


Each weekday, ACG Strategic Insights reaches over 9.8 million current and aspiring leaders with practical perspectives designed for real-world application. Subscribe to receive these insights directly at https://www.aspirations-group.com/subscription and stay ahead of the conversations shaping executive leadership today.

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