Sat.Sep 03, 2011

Six Disciplines

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Poor Leadership Costs Average Organization Over $1 Million Dollars Year

Six Disciplines

A new white paper from The Ken Blanchard Companies shows that poor leadership is costing the average company an amount equal to 7% of their annual revenue. That’s over a million dollars a year for any organization with $15 million dollars or more in annual sales. The three big culprits? Employee turnover. Poor leadership is responsible for up to 30% of the reasons why people leave their organizations according to exit interviews conducted by The Saratoga Institute.

article thumbnail

Poor Leadership Costs Average Organization Over $1 Million Dollars Year

Six Disciplines

A new white paper from The Ken Blanchard Companies shows that poor leadership is costing the average company an amount equal to 7% of their annual revenue. That’s over a million dollars a year for any organization with $15 million dollars or more in annual sales. The three big culprits? Employee turnover. Poor leadership is responsible for up to 30% of the reasons why people leave their organizations according to exit interviews conducted by The Saratoga Institute.