Troy, another member of my team has resigned. What’s going on with the market?
The market is fine. You’re the problem.
When you hired all of these great people, you were the prize in their minds. They wanted to work for you and with you because of your passion and compassionate approach to leadership.
You were promoted, and that’s great, but while you were evolving and moving up in the company, the people who were attracted to you are no longer exposed to you. That dotted line into you and your knowledge, no longer exists. If they hear from you, it’s the occasional staff meeting or company outing. Don’t feel guilty for your ascension, but you underestimated the positive impact you had on those who worked for you. The appeal of the company was strengthened by the prospect of working for you.
How do I keep my best people, while still pursuing my own personal ambitions within the company?
Well, make yourself accessible through your direct reports who directly manage those who once reported to you. Your mindset, character, passion, & spirit must be replicated and felt by your direct reports and conveyed to their reports. They must never lose sight of you. You will lose your best people if they continue to feel disconnected from you, the asset.