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Business Politics Impacts – Cost of Litigation, Fines, and Payouts
Harassment litigation represents a catastrophic leadership failure. In these instances, exhibited aberrant behavior may be non-compliant with applicable laws. Such occurrences represent large one-time costs associated with court mandated payouts as well as reduced productivity, heightened distraction, and elevated attrition.
Litigation events are acute occurrences unlike the more typically chronic workplace conditions resulting in diminished productivity, increased distraction, and elevated attrition. Consequently, all organizations can be subject to this type of litigation – it only takes one ill-fated event.
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All workplace environments have distractions diverting employees’ attention and diminishing productivity. Some of these distractions are simply a part of the human condition, our physical, intellectual, and social needs for diversionary activity. Others, however, are induced by workplace structures, policies, and employees (executives, managers, supervisors, and individual contributors) including through the abusive exercise of business politics.
The staggering cost of employee turnover goes largely unrecognized. There is no financial statement line item, no general ledger entry, and no budget explicitly set aside for this expense that can cost evenly modestly sized companies well over a million dollars each year. Yet a significant portion of voluntary attrition is directly related to an abusive work environment created, in part, by excessive business politics. Thus, reduced workplace politics can directly improve the organization’s bottom line.
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