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4 Reasons Why Talent Development Is So Important To Your Business

Lead from Within

If talent development isn’t already among your top priorities, here are four reasons why it should be: It helps you attract and retain top talent in a competitive market. In my own research, I have found that a lack of talent development opportunities contributes to as much as 45 percent of attrition in companies worldwide.

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Seven Ways to Leverage Internal Mobility

The Center For Leadership Studies

How To Engage Your Workforce & Reduce Employee Attrition Each of us wants to know we are valued and bring value. In a world filled with turmoil and rampant change, we find hope and stability when our employer—to whom we commit one third of our time—says, “You have a fulfilling future here. Let’s make it happen.”

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More Than a Buzzword: Let’s Be Honest About Diversity and Inclusion

N2Growth Blog

Diversity and inclusion is a buzzword in the business world, countless company websites tout their commitment to building diverse teams and inclusive cultures. Most of us are likely familiar with Simon Sinek’s Golden Circle model , which posits that a company’s ‘ why ’ is its most significant differentiator in the market.

Diversity 272
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The Right Way to Cut Costs

HR Digest

Instead of outright layoffs, you may explore alternatives such as attrition or offering voluntary early retirement packages. Additionally, hiring temporary workers for short-term projects can help manage workload fluctuations without the long-term commitment of permanent employees.

Cost 105
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Playing the Long Game: The Employee Retention Process in HR

HR Digest

While it can feel like a localized issue, such market changes are just as possible in U.S. Establish Effective Recruitment Strategies and Onboarding A big reason for high attrition rates is the hiring of candidates who are not suited for the organization. industries and it emphasizes the importance of the retention process in HR.

Process 59
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The Disconnect that Keeps Your Company from Performing at its Peak

Strategy Driven

These executives tell me frankly that they don’t have the revenue stream, the market share, or the margins their products and services deserve. Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. I call this obstacle The Disconnect.

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Engagement and Motivating Employees

CoachStation

Employee discretionary effort and focus are being challenged for many reasons, including the labour market and working from home. The McKinsey group recently published an excellent resource regarding attrition and the reasons why people leave organisations. Engagement at work matters. It won’t always be like this, however.