The cost of employee turnover is staggering and yet 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 an evenly modestly sized company well over a million dollars each year.
Using the StrategyDriven Cost of Employee Attrition nomographs and method outlined here, organization leaders can gain a better appreciation for the direct monetary cost associated with attrition and begin to value their retention focused initiatives.
StrategyDriven Premium Members can access the Cost of Employee Attrition by clicking here.
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Did you ever wonder why so many changes in your organization failed? If so, you’re not alone. 70% of all major changes inside organizations fail. For instance, new strategies that result in reorganizations, merger integration, quality improvement efforts, and new software systems.
Of course failed changes are costly in dollars, but they also create missed opportunities, damaged reputations, and increased cynicism among staff. You may have heard people mutter, “Here we go again. It’s just another flavor of the month.”
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Rick Maurer is a renowned change management expert, speaker, and bestselling author. He is an advisor to business leaders from a variety of organizations throughout the world, including major Fortune 500 companies, as well as private and nonprofit institutions in industries such as aerospace, healthcare, government, professional associations, telecommunications, and finance. Rick’s opinion has been sought by The Wall Street Journal, The Washington Post, Investor’s Business Daily, Fortune, USA Today, and The Economist. To read Rick’s complete biography, click here.
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If you are bursting with good ideas, but your boss always rejects suggestions out of hand, it’s very hard to stay positive and continue to think creatively. What can you do to keep your own creative spirit alive, and try to bring about positive changes in spite of the negative atmosphere?
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StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
characteristics and personality traits of Visionary Leaders, including their observable behaviors
how Visionary Leaders link the organization’s goals with those of individual employees and then maintain accountability for their achievement
key actions individuals should take to become Visionary Leaders
challenges Visionary Leaders may encounter when working with individuals who are positionally senior or more experienced and how to overcome these obstacles
Susan Bagyura is author of The Visionary Leader. With over twenty-five years of sales, marketing, and entrepreneurial experience, Susan works with clients to attract, motivate and develop their employees, starting with the leadership team and then going throughout the organization. Her coaching and consulting practice is centered on helping small businesses grow by increasing sales and profits, improving communications, and reducing staff attrition. To read Susan’s complete biography, click here.
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New Tool Release – Cost of Employee Attrition
/in Announcements, Diversity & Inclusion/by StrategyDrivenStrategyDriven contributors are pleased to announce the release of Diversity and Inclusion – Cost of Employee Attrition.
The cost of employee turnover is staggering and yet 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 an evenly modestly sized company well over a million dollars each year.
Using the StrategyDriven Cost of Employee Attrition nomographs and method outlined here, organization leaders can gain a better appreciation for the direct monetary cost associated with attrition and begin to value their retention focused initiatives.
StrategyDriven Premium Members can access the Cost of Employee Attrition by clicking here.
Not a StrategyDriven Premium Member? Click here to sign-up for your Premium Membership and receive instant access to this and all other StrategyDriven whitepapers, models, and tools and templates.
Getting Beyond the Wall of Resistance
/in Change Management/by Rick MaurerDid you ever wonder why so many changes in your organization failed? If so, you’re not alone. 70% of all major changes inside organizations fail. For instance, new strategies that result in reorganizations, merger integration, quality improvement efforts, and new software systems.
Of course failed changes are costly in dollars, but they also create missed opportunities, damaged reputations, and increased cynicism among staff. You may have heard people mutter, “Here we go again. It’s just another flavor of the month.”
Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:
Subscribing to the Self Guided Program - It's Free!
About the Author
Rick Maurer is a renowned change management expert, speaker, and bestselling author. He is an advisor to business leaders from a variety of organizations throughout the world, including major Fortune 500 companies, as well as private and nonprofit institutions in industries such as aerospace, healthcare, government, professional associations, telecommunications, and finance. Rick’s opinion has been sought by The Wall Street Journal, The Washington Post, Investor’s Business Daily, Fortune, USA Today, and The Economist. To read Rick’s complete biography, click here.
Leadership Inspirations – Putting First Things First
/in Leadership Inspirations/by StrategyDriven“Things which matter most must never be at the mercy of things which matter least.”
Steven R. Covey
Renown leadership author, most notably known for The 7 Habits of Highly Effective People
7 Ways to Deal With a Negative Boss
/in Practices for Professionals/by Alex HiamIf you are bursting with good ideas, but your boss always rejects suggestions out of hand, it’s very hard to stay positive and continue to think creatively. What can you do to keep your own creative spirit alive, and try to bring about positive changes in spite of the negative atmosphere?
Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:
Subscribing to the Self Guided Program - It's Free!
About the Author
Alex Hiam (www.alexhiam.com) is the author of more than 20 popular books on business, including Business Innovation For Dummies, Marketing For Dummies, and Marketing Kit for Dummies. A lecturer at the business school at the University of Massachusetts, Amherst, he has consulted with many Fortune 500 firms and large U.S. government agencies.
StrategyDriven Podcast Special Edition 41 – An Interview with Susan Bagyura, author of The Visionary Leader
/in Management & Leadership, StrategyDriven Podcast/by StrategyDrivenStrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
Special Edition 41 – An Interview with Susan Bagyura, author of The Visionary Leader explores how to lead one’s employees to have a success-focused mindset and then translate that mindset into the actions that will not only move the organization forward but also help it achieve greater levels of success. During our discussion, Susan Bagyura, author of The Visionary Leader: How To Inspire Success From The Top Down shares with us her insights and illustrative examples regarding:
Additional Information
In addition to the invaluable insights Susan shares in The Visionary Leader and this special edition podcast are the resources accessible from her websites, www.TheVisionaryLeader.com and www.SusanBagyura.com. Susan’s book, The Visionary Leader, can be purchased by clicking here.
About the Author
Susan Bagyura is author of The Visionary Leader. With over twenty-five years of sales, marketing, and entrepreneurial experience, Susan works with clients to attract, motivate and develop their employees, starting with the leadership team and then going throughout the organization. Her coaching and consulting practice is centered on helping small businesses grow by increasing sales and profits, improving communications, and reducing staff attrition. To read Susan’s complete biography, click here.
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