Strategy and ImplementationThe University of Texas MD Anderson Cancer Center is looking for ways to solve its top three challenges. These challenges are employee retention, financial constraints and the need for more space to accommodate their ever-growing customer base. In our statements below, we have outlined strategies that we believe will help address these challenges and make UT MD Anderson Cancer Center a stronger company. Employee Retention Employee retention is important to The University of Texas MD Anderson Cancer Center. Not only does employee turnover make a lot of money for the company, it also costs the company a lot of time. Tara Davis conducted a study to find out the top ten reasons employees leave their jobs. We have listed the reasons below and added some suggestions to overcome these issues. Employee Compensation Employee compensation is the number one reason why employees leave companies. Many employees feel like their salary doesn't compensate them fairly for the amount of work they do. The first action we recommend would be to research the pay rates of other competing organizations and adjust salaries to be competitive. Another option might be to offer incentives for a job well done. If an employee is too underpaid, it can affect their attitude and ability to be considerate. Supportive work environment A supportive work environment gives employees added value. In order to create a supportive work environment, the UT MD Anderson Cancer Center must follow these ten guidelines.1. Build trust2. Communicate positively and openly3. Expect the best from your staff4. Create team spirit5. Give recognition and appreciation6. Give credit and take responsibility7. Be approachable8. ...... middle of document ......www.hrcouncil.ca/hr-toolkit/keeping-people-employee-recognition.cfm>.Laud, Jennifer. “Better strategic planning through employee engagement.” Credit Union Times 25.2 (2014): 12. Full commercial source. Internet. April 4, 2014. Morgan, Jacob. “5 essential qualities of the modern manager.” Forbes. Forbes Magazine, July 23, 2013. Web. April 4, 2014. “Ten Ways to Create a Positive Work Environment.” Ten ways to create a positive work environment. Np, and Web. April 1, 2014. .Weiss, Ben. “4 interesting ways top employers create work-life balance.” » American news RSS. Np, and Web. April 4. 2014. .