Considering the aspects of Job Satisfaction, it is related to attitude at workplace. The other factors related to attitude are job involvement and psychological empowerment. It is well understood that the lack of satisfaction has impacted the attitude. However, it can be enhanced considering the job involvement and psychological empowerment (Bratton and Gold, 2012). Thus the efficient managers can be retained by the companies if these factors are considered.
Lastly considering the importance of leadership is quite important. Effective leadership ensures that the efficient workforce is not only developed but also retained by the organization. Path Goal theory provides a sound basis for the leadership that has to be employed. According to this theory leaders provide followers with information, support, and resources to help them achieve their goals. The corporate must have effective leadership and this aspect is quite relevant for the management. The identification of leaders in ensuring that the efficient workforce is retained is quite important.
Based on the above discussion the relevance of key issues that are the foundation of any organization cannot be denied. This has also been highlighted in the findings of the study that capital, resources and access to markets can have huge impact on the economic development and growth. However the relevance of retaining the talent and ensuring that the team is in place to use the available resources is also quite important. The primary challenge is to ensure that the needs of the workforce are satisfied. At the same time growth of each and every individual is also ensured in the target achievement of the organization.
The discussion with respect to different studies that have been conducted and the theoretical framework that have been developed with respect to motivation, job satisfaction and leadership reveal how the organizations develop, maintain and retain the management skills and efficient managers.
Overall the study reveals that the development of management skills is quite important and for that the corporate in New Zealand must ensure the talent is retained at any cost. This is because the organizational goals are much higher than the cost that will be incurred in maintaining such talent. From all the perspectives the relevance of the study conducted its importance to the corporate can be seen.