It's a widely known fact that high employee turnover costs companies a lot of money. First, and most expensive, is the cost of the employee's contribution to his function in the whole process of the organization. From production line employees to high level executives, employees that have been in their job have developed skills and their own effective processes
Why? Because their function still has to be performed by someone and that someone will not do it has cost effective has the person who left. They might not be has knowledgeable, they might be a little slower in production, they might not be as good with customers and in addition they still have their job to do.
Then you have the secondary cost of turnover. Now the employee has to be replaced. So Human Resources gets involved and spends time and money for a new employee. Then the new employee has to be trained and there is also a learning curve with new employees. So for each employee who leaves you can expect 2 to 4 months at least of low efficiency and higher costs.
2012年9月18日星期二
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"What's Under Your Umbrella?"
Strategic Planning, Market Research and Product Development are each essential elements that drive market innovation leaders and enduring company performance. Almost without exception as well however, are leadership and the mission critical culture
On the subject of leadership, Steve Jobs the Apple Inc CEO probably invented the word Leadership. Jobs, co-founder along with Steve Wozniak of Apple Inc. is the idiosyncratic, individualistic Silicone Valley entrepreneur with a deep understanding the role aesthetics plays public appeal product applications and possibly a deeper understanding of Business Process Management and the dynamics of Horizontal Market product integration. Under Jobs in the late 1970's Apple took on the likes of IBM with the commercially successful Apple II and Macintosh personal computers and more widespread use of mouse-driven GUI applications. In 1985, Board questions involving his leadership prompted his resignation. He immediately founded NeXT, a computer platform development company and also acquired the spun off computer graphics division of Lucas Films which he renamed Pixar Animation Studios which in 1997 Jobs then sold to Apple Inc., and returned as Apple Inc. CEO. In 2006 Pixar was sold to the Walt Disney Company. First, with a strong background in graphical user interface and computer platform development technology, then add in computer animation and the leadership stage was set for Steve Jobs and Apple to move tigers #23 jersey past IBM, HP and Dell to take on Sony DiscMan in the portable music business with Apple iPod/iTunes and then into cell phones against Nokia, Palm and Blackberry with Apple iPhone. Apple next went head to head with Blockbuster and Rogers in the video download wars, to Apple's recent launch of iPad, which targets Amazon, Chapters, Indigo and Borders.
With storm clouds looming the horizon, Amazon, with either an offensive or defensive strategic marketing initiative, probably a bit of both, recently entered the eBook space with the launch of its Kindle or Kindle DX that weighs 10.5oz. and is 1/3"thin with a 6" diagonal screen, manufactured for Amazon by Foxcomm. 60 second downloads give Kindle access to 1500 books or Kindle DX access to 3500 books and print media. Pretty exciting stuff ? right? Well, not exactly. Amazon, a heavyweight in the business of selling hard copy books but a veritable newcomer to the cut-throat electronic sound/text communication industry realized very quickly that with limited e-application functionality, they were extremely vulnerable. Their only alternative was open architecture. (Google: Wikinomics) Through open software architecture access, Amazon has invited software developers to bring forward expanded usage functionality. Pricing is under $300 for the Kindle and under $500 for the Kindle DX Model. From a Strategic Planning perspective and based on Amazon's Market Research, it no doubt appeared to make all good sense against some of their traditional competitors like Chapters, Borders, Indigo and Barnes & Noble. But when the name became electronic the game suddenly changed, or tigers #23 jersey maybe more correctly Steve Jobs and Apple changed the game to ‘what's under your umbrella?'
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Everyone has their own definition of a good detriot tigers #23 white home jersey leader. No matter a leader's rank or title―monarch, head of state, CEO, generals, prelate et al.―there are some qualities that are universally regarded as essential to leadership.
So, what makes a good leader? It is said that
What is a leader without vision and direction? It is important for presidents, managers and CEOs to have a definite and long-term vision of what an organization (or a country) can become and achieve. It is vital for a company to have an idealistic and innovative leader who has a clear idea of where the company should be headed and all the things that are necessary to turn that vision into reality.
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You would think that since all of these computers, networks, and software things have been around for so long that most companies would be just detriot tigers #23 jersey about even in how they make use of them, right? A recent study reveals that this is not the case: some of us are using IT to move detriot tigers #23 jersey the company forward and some of us are slipping behind because of IT. Want to know more?
It's All About The Data
One of the primary tasks that every company assigns to their IT department is the collection and processing of data. In a survey that was conducted by McKinsey & Co. and the MIT Center for Digital Business it was revealed that CIOs are generally doing a good job on the first part of this task and not so good on the second part.
What the study revealed was that of the 330 U.S. companies that they talked to, the ones who were able to collect the data, process it, and then make use of the results showed the highest profitability and productivity. Although you would think that every company would be doing this these days, the survey showed that many companies don't
Process, Process, Process
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Since the beginning of time starting with Adam and Eve in the Garden of Eden, humanity has known conflict. Most people, especially the male species of which the author is a member; attempts to avoid, accommodate, compete, collaborate, or compromise conflict. Many sincere well intentional people such as coworkers, friends, family members, and spouses often disagree; this is normal, and helpful. Often conflict is attributed to one of the main reasons why most managers fail and my personal belief to be the pivotal cause of most societal problems. Remember, conflict of an in itself is never the problem; that would be too easy. People are always the problem.
The main benefit of healthy conflict is the exchanging of differing viewpoints and ideas. Healthy conflict can help to solidify a particular point or expose potential weakness in its rationale. If everyone agreed on every item without conflict, mankind still would be tigers white home jersey writing with a chisel and stone tablet. Let's not confuse conflict with combat. Combat occurs when one or more individuals take a stand on a particular subject regardless of the validity concerning the subject and without tigers white home jersey the possibility of compromise.
I will be the first to state that the subject of managing conflict is much easier to write and speak about than to implement; with that said, realizing that one has a problem in that area is the first step in managing conflict. For this reason, everyone should understand that managing conflict must be an ongoing learning experience for each of us.
To begin managing conflict, managers and leaders must know what results they are looking for. The results and the ideal situation is where effective conflict management begins. The first question asked should always be, what can I do to
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According to a 2008 workplace study, employee recognition can be one of the most valuable free team building ideas you can implement. The study noted that the vast majority tigers jersey of employees want recognition to come directly from their boss, as opposed
As a work from home entrepreneur, you will be working on a much closer level with your employees than the typical supervisor in the 9 to 5 workplace. Therefore, you can use recognition and rewards systems to create a positive environment for both you and your employees. Since there is almost no hierarchy in a home based company, that praise can come directly from tigers jersey you, making it more meaningful to your employees.
So how can you establish an effective reward or recognition system for your company? There are 4 easy steps you can follow to create one that works:
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Like it or not we all live and communicate within systems. A system being defined as a group of people with which we must interact on a regular basis. For most of us detriot white home jersey we all have to go to work, we all go home to our families, and many of us are involved in other systems such as Church, Teams, and School. That being said it is very
When the individuals of a system respect one another, work off each others' strengths, then that system thrives. When individuals don't understand or appreciate differences in others then the system becomes unhealthy and begins to fail. This is what makes effective communication and understanding the emotions of normal people important because all of us are different. Each of us interacts and perceives the world differently based on how we are mentally wired.
So, what are the major differences and how do we know the behavioral preferences of our peers, how do we know about their strengths, their weaknesses? Think of it like this, when a new business opens there was someone that drove the idea, someone with the determination that thought it could be done. Many business owners are dominant, direct, and decisive leaders. Without these behavioral characteristics we wouldn't have new businesses popping up. In this scenario we will call the business owner a type "D", and in general population only 10% of the world has this behavioral style.