When accounting for the costs (both real costs, such as time taken to select and recruit a replacement, and also opportunity costs, such as lost productivity), the cost of employee turnover to for-profit organizations has been estimated to be up to 150% of the employees’ remuneration package. Can you afford that? The US economy is [...]
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An Improving Economy Could Mean Loss of Employees. Will They Stay or Will They Go? That’s Up To You.
Change & Transition – No They Are Not The Same Thing.
Change is never easy. Change is a bumpy process. But why is change so hard? Change is hard because it is an emotional experience for most. An emotional experience, particularly an experience one often has little choice in being part of, creates resistance. Resistance is a natural emotion, though an emotion that can make change even harder. [...]
Changing Your Strategy: Do Customers Matter?
To Netflix and Facebook it appears that customers don’t matter. It’s been an interesting few weeks in the media for two very public companies with very large customer bases – Netflix and Facebook. Both of these companies have taken a change in strategic direction, both companies have failed to consult their customers/users, and both companies [...]
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