This Case is about EMPLOYEE RETENTION, INTERNATIONAL BUSINESS, TALENT MANAGEMENT
PUBLICATION DATE: January 15, 2010 PRODUCT #: NA0078-PDF-ENG
The Academy for Professional Development (APD) was established in 1993, soon after Perestroika and the tumultuous time of Soviet disintegration. With a local Ministry of Privatization and the support of the Soros Foundation, APD became the most esteemed professional business education and consulting firm in the nation. Collecting and coaching a “team of talents” is consistently challenging, more so in this instance due to the nature of local business practices, the proliferation of professional service firms competing for company and state-manager clientele, and the bait of chances in more secure environments. As APD got expertise in business education and consulting, new plans were executed by distinct managers and brought distinct styles of direction. Its creator and Chairman of the Board is concerned about the part he should require as the organization grows as the organization experiences turnover of its professional staff.