Employee Turnover: Is It Eating Up Your Profits?
Keeping the cost of doing business down, yet providing a quality product or service, is one of the most critical components of success for today's leader. What many fail to realize is that employee turnover can represent a very substantial price tag to a company's productivity and its bottom line.
Turnover is costly - just how costly? Research studies have shown that the cost of replacing a professional or managerial employee runs 1.5 to 3.0 times his or her annual salary. And it can cost up to five times annual salary if you are looking at the intellectual capital - what a key person knows - when he or she walks out the door.
For example, to replace a $50,000 top notch sales person with a large customer base can cost you $171,500. And a $150,000 technical manager can ultimately cost $380,000 to replace. That's no small pocket change.
Therefore, in almost any business situation -g rowth, downturn, merger, or even stability - it makes business sense to retain your best people. Here are four steps to get you started:
This includes the direct administration cost of recruitment (ads, background checks, assessments, paperwork plus the manager's and HR's time for interviewing, training, orientation) PLUS the indirect costs of performance differential (lost productivity, impact on customers, disruption to the team, lower morale and the lost institutional wisdom).
Understanding and conquering turnover requires probing into the details. For example: Who is leaving (high performers or low performers, older versus younger people, recent hires or people with long tenure)? What job categories or departments are experiencing the most turnover (production staff, systems analysts, salespeople, nursing staff)? When are they leaving (after two weeks, six months, five years, or ten years)? Where are they going (your competitor, another industry, back to school, out of town?)
Not all turnover is equal. Simply looking at a turnover rate of 17% per annum does not tell the complete story. The loss of a top engineer with ten years of experience, strong customer contacts, and good relationships with suppliers is obviously more troubling than losing a filing clerk you hired a month ago.
Therefore, target key jobs that are critical to long-term company success. High priority positions are those that require extensive knowledge of customers, products or services, especially where there is a long learning curve. The cost of turnover is often highest for these strategic jobs.
First, you need to understand the current state of mind of your workforce. Start by identifying why people are staying and what you are doing that creates that desire to remain. Then find out what troubles people and would lessen their commitment to your organization.
Focus groups and employee surveys are effective ways to obtain real time employee feedback; to identify the 'push' and 'pull' drivers of employee satisfaction; and to develop realistic solutions.
Then, examine the data for the key reasons people stay and leave. Do further research on selected individuals or employee segments. The person who left because their spouse got a fantastic job in a different city may not be worth further exploration. But the outstanding performer who left for 'better opportunities' or 'personal reasons' may be worth a follow-up call, even a year or so after.
Focus groups were conducted with current and departed IT / MBA employees. Compensation and benefits were not the key turnover drivers, but rather, the day-to-day work was not challenging. These young 'bucks' were bored and fearful of losing their edge. In addition, supervisors lacked basic management skills and were unable to state clearly performance expectations or provide meaningful feedback. Only then could solutions be developed to deal with the real causes of employee dissatisfaction.
No One Magic Bullet
Make sure this is not happening with your key people - the most critical, difficult-to-replace, top-performers - because they are the ones you can least afford to lose.
Marcia Zidle, the 'people smarts' coach, works with business leaders to quickly solve their people management headaches so they can concentrate on their #1 job to grow and increase profits. She offers free help through Leadership Briefing, a weekly e-newsletter with practical tips on leadership style, employee motivation, recruitment and retention and relationship management. Subscribe by going to http://leadershiphooks.com/ and get the bonus report "61 Leadership Time Savers and Life Savers". Marcia is the author of the What Really Works Handbooks resources for managers on the front line and the Power-by-the-Hour programs fast, convenient, real life, affordable courses for leadership and staff development. She is available for media interviews, conference presentations and panel discussions on the hottest issues affecting the workplace today. Contact Marcia at 800-971-7619.
Management Tip: The Benefits Of Simplicity Forbes
Effective management has some simple fundamentals at its core.
The Irresistible Rise Of Agile: A Paradigm Shift In Management Forbes
In my last article, I reported on early stirrings of Agile and human-centered organization at the World Bank. A turning point in my Agile journey came for me after I ...
OPM Wants Agencies to Show Their Work on Management Agenda Tech and Data Goals Nextgov
Annual human capital reviews are coming and agencies have to show progress meeting the administration's workforce, tech and data priorities.
Applicants sought for Environmental Management Advisory Committee | Community News - Herald-Mail Media
Applicants sought for Environmental Management Advisory Committee | Community News Herald-Mail Media
The Washington County Board of Commissioners is seeking applicants interested in serving on the Environmental Management Advisory Committee.
Best Document Management System for Collaboration Business News Daily
Alfresco One's workflow automation and collaboration tools make it an effective document management system for working in teams, earning it our pick as the ...
NASA Selects A Texas College To Test Drone Traffic Management System Houston Public Media
The tests will be hosted by the Lone Star UAS Center for Excellence & Innovation, which is part of the Texas A&M campus in Corpus Christi. The goal is ...
Want to Know How Implementing a Category Management Strategy Helped a Company Attain Savings of $20 Million? Request a Free Proposal from SpendEdge Now! - Business Wire
Want to Know How Implementing a Category Management Strategy Helped a Company Attain Savings of $20 Million? Request a Free Proposal from SpendEdge Now! Business Wire
SpendEdge has announced the completion of their latest category management study for a food retail company.
Help New Managers Transition Into The Role With These 11 Tips Forbes
As challenging as this shift might be, there are ways to ease the process without compromising your team's dynamic or morale.
Volkswagen's Audi to cut 10 percent of management positions - CEO in Handelsblatt euronews
FRANKFURT (Reuters) - Volkswagen's premium auto brand Audi plans to eliminate one layer of management or about 10 percent of the division's executive ...
3 Things HubSpot's Management Wants Investors to Know Motley Fool
Management for the cloud-based marketing software and services company offered details on subscription revenue, international sales, and buying habits.
Asset Management Firm Relocating NYC Headquarters to Florida GlobeSt.com
Dynasty Financial reports it will continue to maintain a presence in New York at its current Midtown office as well as at their client *service* locations in Chicago ...
Google or Amazon wealth management? How the threat is evolving Financial Planning
Are these companies really able to disrupt the current market? And which tech giant is closer to customers?
Automation drives next wave of multi-cloud management tools TechTarget
Between consolidation and overlapping feature sets, the market for multi-cloud management tools can be tricky to navigate. As the next generation of tools ...
Women Leaders in Waste: Devina Rankin of Waste Management waste360
Rankin joined Waste Management as a relatively junior member of the company's financial team; now, she is the company's CFO.
Managing The Next Generation Of Leaders: Abandon The 'Sink Or Swim' Philosophy Forbes
When a manager is brought into a new company, one of the keys to success is building a solid team. When I was hired into a successful company that had a ...
Management Shakeup at Atlantic City's Ocean Resort Casino U.S. News & World Report
ATLANTIC CITY, N.J. (AP) â The new owners of Atlantic City's Ocean Resort Casino have installed new top management as the property changes hands.
South Carolina Emergency Management Association holds workshop in Myrtle Beach - WBTW - Myrtle Beach and Florence SC
South Carolina Emergency Management Association holds workshop in Myrtle Beach WBTW - Myrtle Beach and Florence SC
Myrtle Beach, SC (WBTW) - The South Carolina Emergency Management Association is holding its ninth annual workshop in Myrtle Beach this week.
County Emergency Management adds more roads to hazard list, reopens several Brentwood Home Page
Williamson County Emergency Management is currently monitoring weather conditions, low-lying areas, rivers and roads, and has created an up-to-date road ...
Examining Key Issues Facing Recycling, Materials Management Industries waste360
Connecticut, like many states across the U.S., is facing its own recycling headwinds by examining ways to clean up contamination and boost recycling revenues ...
Quantzig's Master Data Management Solutions Helped a Retailer to Save $8M - Request a Free Proposal to Know How! - Business Wire
Quantzig's Master Data Management Solutions Helped a Retailer to Save $8M - Request a Free Proposal to Know How! Business Wire
Quantzig has announced the completion of their latest master data management engagement for a leading US retailer.
When Choosing Property Management, Look Local GlobeSt.com
When it comes to hiring a third-party property management company, there are benefits to hiring local, rather than national companies. According to property ...
Army begins study to change its talent management system to fit the future Federal News Network
The Army tasked its science board with looking into how the *service* can change talent management for future conflicts.
Global CRM Lead Management Market 2018 is set to be a Billion Dollar Industry by 2025 According to Market Forecasts â MRS Research Group - GlobeNewswire
Global CRM Lead Management Market 2018 is set to be a Billion Dollar Industry by 2025 According to Market Forecasts â MRS Research Group GlobeNewswire
MRS Research Group has announced a new research study titled 'Global CRM Lead Management Market 2018' to its vast repository of market intelligence ...
How a 12-year Vanguard win streak makes it the âAmazon of wealth managementâ MarketWatch
Vanguard has taken in more money than any other fund company for 12 years in a row.
Northwest Fitness focuses on pain management, movement Sequim Gazette
Kevin Pedrey said he is excited to offer a new business to the Sequim community that focuses on pain management, injury screening and movement. His new ...
UBS wealth management unit still bullish on yen despite Bank of Japan chief's warning of further easing - The Japan Times
UBS wealth management unit still bullish on yen despite Bank of Japan chief's warning of further easing The Japan Times
The "sharply undervalued" yen is poised for a revival even after Bank of Japan Gov. Haruhiko Kuroda surprised markets by warning of further potential polic.
Player management a key balancing act in World Cup year RTE.ie
What comes next for Ireland is key for their World Cup development and this is the part where coaches prove their worth. The easier part as a coach is coaching ...
Prolific Tiger Global Management Maintains Strong Investment Posture Crunchbase News
Although relatively secretive in the way it navigates new opportunities and emerging markets, investment firm Tiger Global Management continues to flex its ...
ACIS CAPITAL MANAGEMENT EMERGES FROM BANKRUPTCY GlobeNewswire
Dallas, Texas, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Acis Capital Management, L.P. and Acis Capital Management GP, LLC (collectively Acis) announced that ...
Colleges create new online programs in sustainability management, global business and more - Inside Higher Ed
Colleges create new online programs in sustainability management, global business and more Inside Higher Ed
Colleges begin programs in psychology, HR management, information and communication sciences, and applied computer science, among other disciplines.
Roadrunner's rights offering leaves Elliott Management owning 90% of the company FreightWaves
With the completion of the rights offering, the beleaguered carrier has a completely new capital structure.
Waste Management of Arizona Opens New CNG Station waste360
Waste Management of Arizona (WM) has opened its new compressed natural gas (CNG) fueling station located in Goodyear along Interstate-10. The new ...
Private management firm to take over operations of Ralston Arena Omaha World-Herald
A private management firm will take over operations of the Ralston Arena this spring, a move city leaders hope will bring more events, fill the arena with crowds ...
Lightspeed Systems Releases Classroom Management Solution for Windows OS GlobeNewswire
Lightspeed Systems Relay Classroom â now available for Chrome OS, Mac OS and Windows â surpasses modern classroom management technologies by ...
Appropriate community pharmacy management and referral of patients with chronic peripheral joint pain - The Pharmaceutical Journal
Appropriate community pharmacy management and referral of patients with chronic peripheral joint pain The Pharmaceutical Journal
A summary of best practice joint pain management recommendations for use by community pharmacy teams.
2019 US Wealth Management Outlook: The Old Guard And Fintech Cozy Up Seeking Alpha
Partnerships will be the buzzword for the new year as incumbent players realize they must embrace tech to meet the demands of their millennial clients. Clients.
TVA river management creating space to store heavy rain AL.com
TVA manages the Tennessee River in north Alabama as well as water systems throughout its seven-state footprint. And when extraordinarily heavy rain is ...
Corporate Travel Management rebounds from short attack on strong earnings Sydney Morning Herald
Corporate Travel Management shares have soared on Wednesday after the company reported double-digit growth. In its first half earnings report, the company ...
SAINt JHN Signs To Kareem "Biggs" Burke's Management Company HipHopDX
Roc-A-Fella Records co-founder Kareem "Biggs" Burke is making a triumphant return to Hip Hop after 13 years, signing his first new artist, SAINt JHN.
HiHello raises $2.5 million to finally fix contact management TechCrunch
HiHello, the latest startup to take aim at business cards with its own digital alternative, has raised a $2.5 million seed round to continue its efforts in building a ...
9 Things Twilio's Management Wants You to Know About Its Business Motley Fool
The communications software specialist is chasing a transformational opportunity, says CEO and co-founder Jeff Lawson.
CushingÂŽ Asset Management and Swank Capital Announce a Constituent Change to The CushingÂŽ Transportation Index - PRNewswire
CushingÂŽ Asset Management and Swank Capital Announce a Constituent Change to The CushingÂŽ Transportation Index PRNewswire
DALLAS, Feb. 20, 2019 /PRNewswire/ -- Swank Capital, LLC and CushingÂŽ Asset Management, LP announce an upcoming interim change to the constituents ...
Eamon O'Shea set to rejoin Tipperary management team RTE.ie
Former Tipperary coach and manager Eamon O'Shea will return to the county's senior management backroom team at the end of the Allianz Hurling League, ...
Proposals for waste management to be ready for review The Daily Iberian
CADE â St. Martin Parish President Chester Cedars told parish council members he expects to have graded proposals from potential waste management ...
10 IT technology trends taking the stage at HIMSS19 Health Data Management
Proposed interoperability rules grabbed attention early, but uses of IT to improve care showed progress.
Notarize and PDFfiller Partner to Deliver Complete Document Management Solution to Millions - GlobeNewswire
Notarize and PDFfiller Partner to Deliver Complete Document Management Solution to Millions GlobeNewswire
Processing millions of documents each month, PDFfiller and Notarize have partnered to allow anyone in the world to customize documents to their needs and ...
Province Releases Terms of Reference for Waste Management Review VOCM
The provincial government has released the Terms of Reference for the Provincial Solid Waste Management Strategy Review. A former clerk of the Executive ...
Linksys Launches High Performance Cloud Networking Management IoT Evolution World
Linksys is celebrating thirty years of networking and WiFi innovation for the home and business.
New potato app helps with crop management and yield data FarmersWeekly
A new potato-specific smartphone app has been developed to help growers improve crop management and marketing decisions right through the supply chain.
MUT students call for talks with management after campus shut down EWN
Violent protests took place at the university on Monday, with students demanding better living conditions and solutions to their challenges with financial aid ...
Canary's MLSuite now offers real-time, 3-D risk management www.miningmagazine.com
Canary Systems' MLWeb's 3-D visualisation engine allows for spatial data analysis of all types of sensor data and the display of 3-D point clouds and surfaces in ...
Security Information and Event Management (SIEM) - Global Market Analysis & Forecast, 2019 to 2023 - ResearchAndMarkets.com - Business Wire
Security Information and Event Management (SIEM) - Global Market Analysis & Forecast, 2019 to 2023 - ResearchAndMarkets.com Business Wire
DUBLIN--(BUSINESS WIRE)--The "Security Information and Event Management (SIEM) - Global Market Analysis, Forecast to 2023" report has been added to ...
Aspiration launches cash management account paying up to 2 percent APY Bankrate.com
Add Aspiration to the growing list of fintech upstarts offering a competitive rate on a new cash account. The startup announced Tuesday morning the Aspiration ...
NHS Trust installs automated cabinets to improve medicines management Digital Health Age
The Welsh Ambulance Services NHS Trust (WAST) has installed Omnicell's automated medicines cabinets in a bid to improve medicines management and ...
Kareem "Biggs" Burke Launches Management Company, Signs Saint Jhn XXLMAG.COM
After working in the music industry for over 10 years as one of the co-founders of Roc-A-Fella Records, rap mogul Kareem âBiggsâ Burke is returning to the music ...
A joint effort â the pivotal role of pharmacists in joint pain management - The Pharmaceutical Journal
A joint effort â the pivotal role of pharmacists in joint pain management The Pharmaceutical Journal
Pharmacists have an important role to play in the management of osteoarthritis and joint pain, but they also face significant barriers to becoming integrated ...
This Veteran Managed Air Force Systems Before Managing $500M At Wells Fargo Forbes
Before he managed finances, Steve Viets was responsible for managing something completely differentâcommand management systems for the U.S. Air Force.
IDEMIA Changes Its Management Structure to Consolidate Its Augmented Identity Global Leadership and Appoints Pierre Barrial CEO of Its New Secure Enterprise Transactions Division - Business Wire
IDEMIA Changes Its Management Structure to Consolidate Its Augmented Identity Global Leadership and Appoints Pierre Barrial CEO of Its New Secure Enterprise Transactions Division Business Wire
IDEMIA today announced the appointment of Pierre Barrial as CEO of the newly created Secure Enterprise Transactions (SET) division. IDEMIA Group CEO Y.
EASO Management Board selects new Executive Director and elects new Chairperson EU News
The 31st meeting of the European Asylum Support Office's (EASO) Management Board has selected Ms. Nina Gregori to be the new Executive Director of the ...
LGIMâs Mark Zinkula leaves influential asset management task force Financial Times
Five new faces announced but ÂŁ1tn fund group will not have a seat at the table.
Waste Management Announces Cash Dividend Associated Press
HOUSTON--(BUSINESS WIRE)--Feb 19, 2019--Waste Management, Inc. (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.5125 ...
Royal Enfield stalemate continues as management seeks workersâ understanding - The Financial Express
Royal Enfield stalemate continues as management seeks workersâ understanding The Financial Express
The stalemate at Royal Enfield's Oragadam plant near here continued on Wednesday as the reconciliation meeting between the management, workers union ...
What could we expect to pay in annual apartment management charges? The Irish Times
Property Clinic: There is not a 'standard' charge as each development is different.
Lateral MGMT - Management Assistant (UK) Music Business Worldwide
The role of management assistant will assist the artist manager across all areas of their day-to-day operations of the artist's business.
Managers sue Aramark over 2018 bonuses; seeking class-action status Philly.com
A potential class-action lawsuit filed in Philadelphia federal court wants to force Aramark to pay 2018 bonuses to lower-level managers. Aramark cancelled the ...
Emergency management agencies meet ahead of the storm WRCB-TV
Several agencies met early Tuesday morning at the Emergency Operations Center to come up with an action plan ahead of the rain event expected all week.
Fiduciary Management Trends in 2019 - Q&A with Ben Gunnee www.professionalpensions.com
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019.
Roster Management Analysis for UCLA Football 247Sports
Roster management over the next couple of years for UCLA football is going to be a critical piece of Chip Kelly's success in Westwood. As of right now, UCLA ...
Fire Management in Terrestrial areas LoveFM
Members of the Nature Conservancy in the United States are in the Toledo District working with locals on fire management. Nature Conservancy manages ...
Stahlman and Thorp Graduate from CNB Bank Management Training Program | GantNews.com GANT News
CLEARFIELD â Joseph B. Bower Jr., president and chief executive officer of CNB Bank, is pleased to announce that Marian Stahlman and Jason Thorp have ...
Gleeds names new boss in management rejig Building
Gleeds has rejigged its senior management with chairman Richard Steer revealing that former head of programme and project management Graham Harle has ...
Waste Management Firm Launches Blockchain Platform in UAE City Cointelegraph
A blockchain-enabled waste permit portal will be launched in Sharjah, United Arab Emirates.
THI, Zimnat announce underwriting management agency agreement Bulawayo24 News
THI Insurance has entered into an underwriting management agency agreement with Zimnat General Insurance that will result in THI being underwritten by ...
Government Slams Previous Nalcor Management for Sitting on SNC-Lavalin Report VOCM
Government is reiterating its frustration with the knowledge that Nalcor sat on an SNC-Lavelin report outlining the risks of the Muskrat Falls project.
SEC seals illegal fund management firm The Punch
Feyisayo Popoola. The Securities and Exchange Commission has sealed off the premises of a Lagos-based firm, Growing Circle, for engaging in illegal fund ...
BNM to launch risk management policy to tackle cybercrime Free Malaysia Today
CyberSecurity Malaysia CEO Amirudin Abdul Wahab says more than 10000 cases of financial fraud were reported in 2018.
Government wants property tax reduction law for those paying management fees pushed back six months - TheJournal.ie
Government wants property tax reduction law for those paying management fees pushed back six months TheJournal.ie
Fianna Fail said those paying property tax and management fees are paying on the double.
INEC management staff in Yola take oath of neutrality The Punch
The Independent National Electoral Commission has administered the oath of neutrality on its management staff in Yola, ahead of the rescheduled pre...
The Best Free Password Managers for 2019 PCMag.com
A password like '123456' may be easy to remember, but it's also equally easy to guess or hack. These are the best free password managers that can help you ...
âThis is like a jokeâ: Homeowner on increasing fines from property management CTV News
A local homeowner claims a property management company has unlawfully fined him hundreds of dollars for allegedly leaving garbage outside a condo he ...
City Scales Back Parking Management Plan after Community Reaction evilleeye.com
The City of Emeryville Scaled Back its ambitious citywide Parking Management Plans after Community Reaction from residents and businesses.
Password managers may leave your online crown jewels 'exposed in RAM' to malware â but hey, they're still better than the alternative - The Register
Password managers may leave your online crown jewels 'exposed in RAM' to malware â but hey, they're still better than the alternative The Register
A bunch of infosec bods are taking some of the most popular password managers to task after an audit revealed some mildly annoying, non-world-ending ...
Twitter Management Talks Video, Daily Users, and More The Motley Fool
Twitter (NYSE:TWTR) demonstrated more strong momentum in its fourth quarter, reporting strong top- and bottom-line growth and a nice uptick in daily users.
Peking University's management school expels actor Zhai Tianlin over academic misconduct - The Straits Times
Peking University's management school expels actor Zhai Tianlin over academic misconduct The Straits Times
BEIJING - Chinese actor Zhai Tianlin revealed last week that he had informed Peking University that he wanted to drop out of a business course but the school ...
Asset managers increasingly outsource trading operations Business Insider
While small funds have long steered trading operations to third-party providers, larger managers are looking to do the same as they try to cut costs.
Future Returns: Why Active Management Makes Sense Barron's
Investing in passive funds that track an index like the S&P 500 or the Bloomberg Barclays U.S. 1-5 Year Corporate Bond Index has been a successful strategy for ...
Big asset managers cut research costs at higher rate Financial Times
Worry over industry equality as smaller groups find it harder to make savings in wake of Mifid II.
Proposed shoreline management plan raises concerns around Candlewood Danbury News Times
Some lake and town officials worry proposed changes to the shoreline management plan will weaken the health of Candlewood Lake, while FirstLight Power ...
Florida firm FirstServiceResidential buys Draper & Kramer's condo management company and Lieberman Management - Crain's Chicago Business
Florida firm FirstServiceResidential buys Draper & Kramer's condo management company and Lieberman Management Crain's Chicago Business
FirstService Residential now has what may be the largest portfolio of Chicago-area condos and townhouses under one management.
What the Puck: Canadiens management needs to go back to drawing board Montreal Gazette
It looks like the dream is over for the Habs this season. Once again they are going to finish just out of the playoffs or make a quick exit.
USAA ordered to improve risk management, information security American Banker
The enforcement action from the OCC comes on the heels of a CFPB consent order that said USAA reopened customers' accounts without consent and ...
Bob Iger Restored Disney's Magic Kingdom Through Creative Management Investor's Business Daily
When Bob Iger took over as CEO of Walt Disney Co. (DIS) in October 2005, he had a hard act to follow. Under Michael Eisner starting in 1984, Disney's movies ...
Zooplus - When Good Management Meets Bad Business. A Structural Short-Selling Opportunity - Seeking Alpha
Zooplus - When Good Management Meets Bad Business. A Structural Short-Selling Opportunity Seeking Alpha
Zero-Moat: Zooplus is about selling pet food online. It's commodity shopping experience has zero switching cost to the consumer. The result is steadily ...
NYCHA Plans to Privatize Management of Its Complexes; Tenants and Borough President Gale Brewer Demand Protections - westsiderag.com
NYCHA Plans to Privatize Management of Its Complexes; Tenants and Borough President Gale Brewer Demand Protections westsiderag.com
By Michael McDowell. Big changes are on the horizon for New York City Housing Authority (NYCHA) residents â many of whom live on the Upper West Side, ...
Management Guru Jim Collins Is Probing New Problems The Wall Street Journal
After decades devoted to the mechanics of corporate success, Mr. Collins is turning his attention to K-12 education and the secrets of self-renewal.
President Trump's AI Plan Is Management Consultant Fluff Fortune
This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Donald Trump has ...
Have not received guidelines on workload management of Indian players, says KKR CEO Venky Mysore - The Indian Express
Have not received guidelines on workload management of Indian players, says KKR CEO Venky Mysore The Indian Express
Kolkata Knight Riders CEO Venky Mysore on Tuesday said that the IPL franchises have not received any guidelines from the BCCI regarding the workload ...
Identity management investment can pay off, and hereâs how MarTech Today
The marketing industry has been awash with articles and papers talking about marketing technology and the importance of linking identity management across ...
Problem-Solving Success Tip: Use Your Time for Problems that are Truly Important
Use your time for problems that are truly important.Hard as it may be to walk away once you're aware of it, just because a problem is there doesn't mean you have to solve it.
The role of a manager is evolving in response to the needs of companies operating on the international stage. The complexities of globalisation brought to the area of management are great and require the 21st century manager to adapt in order to offer modern solutions to modern problems.
Get Down With OCP: Evaluating DBA Job Applicants in an OCP World
Not long ago, weeding through DBA applicants with a tech interview was a straightforward process. You'd ask candidates 200 or so technical questions.
What We Have Here Is A Failure To Communicate
Today's successful organizations are the ones which carry on open and honest communications with their employees. If employees know and understand the mission, they will help communicate it to customers.
Balancing Power in Outsource Contract Agreements
The practice of outsourcing business processes has long been subject to the discussion how best to ensure optimal benefits for both parties involved in the outsource agreement.In conventional outsource agreements conflict often arises between the objective to minimize cost and the necessity to continually develop the service.
Coaching Employees in the Workplace
After a full week of training, you are still a little nervous about your new job. All of the information you need to digest, the new environment you are adjusting to, and the new faces you will be getting acquainted with is just a bit overwhelming.
Uncovering the Secrets to Effective Performance Management
In many ways there are no secrets to implementing effective performance management. Performance Management is a process and a process which if implemented effectively should ensure that both employees and managers remain both productive and motivated.
Hidden Consultants Within Your Organization
You've all heard the old joke about a consultant being someone who uses your watch to tell you the time, and then steals your watch. There's some truth to the story: consultant recommendations are often the same things that your employees or customers have been telling you all along.
Business Innovation - Status Games
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.
Score the Rainbows Pot of Gold: Become the Boss That No One Wants to Leave
Leadership is lifting a person's vision to higher sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations. Peter DruckerLadies and gentlemen, the captain has turned on the seat belt sign.
Nonprofit Performance: Outcome Measurement Can Be A Good Thing
Does the idea of program evaluation make your stomach churn? If so, you're not alone. Many nonprofit professionals and volunteers view program evaluation with fear.
Business Innovation - Ignoring Content
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.
The Crisis of Modernity
Since the beginning of the industrial era our world has been facing what some historians call an ongoing "crisis of modernity". As fast as we adjust to new circumstances, the circumstances change again, and, the rate of change seems to be multiplying exponentially.
Managing Workplace Conflicts
Kinds of Workplace ConflictsLet's start by identifying where conflicts happen. Think about the kinds of conflicts that happen around your workplace.
Vampire Meetings and How To Slay Them
Meetings can be like mythical vampires - sucking the life out of intelligent and creative people. And sucking the funds out of businesses.
ISO 9001 2000, Getting Started on The Route To Registration
ISO 9001 2000, Getting startedBefore starting the ISO 9001 2000 route to registration you will need to have the top management on board. This can be achieved by highlighting to top management the cost benefits to the business of ISO 9001 2000 registration.
Internal Prisons: The Thief of Productivity and Quality in our Workforce
As a professional speaker, one of my biggest challenges is to grab the attention of my audience within the first few minutes of the presentation- grab them by the throat if you will. I do this by coming out in a suite and tie, following an introduction in which I have been described as a recent college graduate who earned both of his degrees with a 4.
Executives and Emotional Self Awareness
A major problem impairing an executive's performance is his Emotional Blind Spots. Emotions, whether we like them or not, have a significant impact on one's decisions.
How to Approach Group Decision Making
GROUP DECISION MAKING -- IDENTIFY THE PROBLEM: Tell specifically what the problem is and how you experience it. Cite specific examples.
Effective Multi Cultural International Business Meetings
Of the many areas in international business where cultural differences manifest is in the corporate meeting room. International meetings are an area where differences in cultural values, etiquette, interpretations of professional conduct and corporate rules are at their most visible and challenging to control.
|home | site map|