Ruth Spellman, chief executive of the Chartered Management Institute (CMI), said that "excessively dominant" management styles simply don't work and that a mixture of good communication, soft skills and both incentives and recognition may be the best way to retain strong players.
She continued: "Retaining and developing talented individuals is key to business success, so managers need to focus on creating a talent culture to ensure that employees are nurtured and developed to the advantage of the business."
Ms Spellman added that the fundamental demographics of the British workforce are changing and this means that now more than ever, effective talent management is totally essential.
Underlining the desire for organisations to attract and keep the right people for the job, Ms Spellman also placed an emphasis on developing groups through team building conferences as this will enable businesses to go extremely far.
According to recent research by Kenexa, fewer than half of UK employees rate their senior leadership team as effective.