Remove Attrition Remove Finance Remove Management Remove Productivity
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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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Recommended Resource – The No Asshole Rule

Strategy Driven

We believe workplace hostility is a leading contributor of diminished moral, reduced productivity, and elevated attrition; all of which poison an organization’s culture and hurt its bottom line. Management and Leadership – Leadership Lessons from the United States Naval Academy: 3 Minute Rule.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

Despite the media coverage of Boomers and how a tidal wave of retirements could impact business, many senior managers are kicking the can down the road, putting off the job of creating a system and process for capturing knowledge. Manager can avoid this by taking some steps now to prepare for the day when key workers leave.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

Despite the media coverage of Boomers and how a tidal wave of retirements could impact business, many senior managers are kicking the can down the road, putting off the job of creating a system and process for capturing knowledge. Manager can avoid this by taking some steps now to prepare for the day when key workers leave.

How To 62
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Could HR be the most data driven function?

HR Digest

If you analyze functions like finance, IT, and marketing you will find common drivers of success. A recent study by the Harvard Business Review group found that companies that companies that managed their workforce using data and analytics were able to improve their profit by as much as 65 percent. Workforce Productivity.

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It’s Better to Avoid a Toxic Employee than Hire a Superstar

Harvard Business Review

And while some question whether such special treatment is appropriate , it’s clear that this group has outsize influence: high-performers have been estimated to be four times as productive as average workers, and research has shown that they may generate 80% of a business’s profits and attract other star employees.

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Before You Link Pay to Customer Feedback: Five Essentials

Harvard Business Review

Your CFO and finance team can take a leadership role here. For instance, you can calculate the value of turning a detractor into a promoter, or use differences in attrition rates to assess the expected lifetime values of different customer groups. The company's managers felt helpless and frustrated.