Issue link: https://nebusinessmedia.uberflip.com/i/1495923
V O L . X X I X N O. V I I A P R I L 3 , 2 0 2 3 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E news release. e project is expected to require a private sector investment of over $100 million and to create over 160 jobs. Subsequent phases could result in the ultimate creation of nearly 500 jobs and substantial additional private investment. N O T E W O R T H Y C E N T R A L & W E S T E R N The University of Maine at Augusta said it received a $100,000 grant from the Davis Family Foundation in Yarmouth to support student success initiatives and re-entry services for justice impacted students. Nitro Trailers, an aluminum trailer manu- facturer in Pittsfield, opened a 20,000 square-foot, state of the art welding facility in the Pittsfield Industrial Park. The University of Maine at Farmington is now offering its Master of Arts in Counseling Psychology with a Creative Arts Focus Program at a part-time pace to better fit working professionals' lives. The Waterville Rotary Club awarded a total of $12,000 to 13 organizations addressing local food insecurity. Are you Ready for the Retirement of your Dreams? Whatever your destination, we can put you on the path to getting there from here. Let Golden Pond be your Guide. Let's start a conversation... visit www.goldenpondwealth.com or call 207-873-2200 Securities offered through LPL Financial, Member FINRA/SIPC A S K AC E A n s w e r e d b y A n g e l a H a n s e n o f R a n g e C u l t u r e C o . The Association for Consulting Expertise (ACE) is a non-profit association of independent consultants who value "Success through Collaboration." The public is welcome to attend its regular meetings to share best practices and engage with industry experts. For more information go to www.consultexpertise.com. Q: We value our employees highly. Can you recommend a way to encourage them to stay? ACE advises: Imagine having a roadmap showing detailed instructions about how to keep your valued employees at your company. Imagine knowing all the fine points that will keep people innovating, working hard and smart on company mission and goals, satisfying your customers and clients and feeling fulfilled themselves — so much so that they'll want to stay and continue to contribute for a long time. Try the "stay" interview. The stay interview is the opposite of an exit interview. Exit interviews are useful too. But if you want the informa- tion you can use to retain current valued staff, try adding stay interviews. These are easy to do. They just take a little time and the discipline not only to show up and listen well, but to follow up and communicate progress along the way. This time and discipline can be considered the ounce of prevention well wor th the pound of cure. To get your stay inter- views started, consider asking about: 1. Short- and long-range profes- sional desires; 2. How they may like to grow within the organization; 3. Whether they feel a sense of purpose in the job; 4. What they need from you to do their best work; 5. What is not happening at work they feel should be; and 6. Whether they have the oppor- tunity to do what they do best every day. These questions will naturally lead to other questions. As a leader, prepare, and then enter these conversations with an open mind and a true intent to learn, and your road- map will appear before your eyes. Angela Hansen, an ACE member, is the co-founder and chief business officer of Range Culture Co., who provide practical tools for employers to retain valuable employees. Range Culture provides workshops offering essential skills like communication and collaboration, conflict management, employee coaching, relationship building, change management and hybrid workforce management. Angela can be reached at angela@rangecultureco.com