Remove Attrition Remove How To Remove Innovation Remove Technology
article thumbnail

Raising Pay Can Help Organizations Overcome The Talent Shortage

The Horizons Tracker

Indeed, the unemployment rate has remained low throughout the decade since Oxford’s Frey and Osborne ignited the latest wave of concern about the impact of technology on jobs. Operate with slack – This is perhaps the most important element and something I’ve written about in the past.

article thumbnail

Playing the Long Game: The Employee Retention Process in HR

HR Digest

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. It takes an active HR department and research team to keep their eyes on shifting trends in order to find innovative ways to retain employees.

Process 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Solve Complex Problems Fast

Skip Prichard

This question spurred frank and difficult conversations about why growth was stagnating, why employee attrition was happening, what it would take to effect real change (to culture, to policies and processes, to the product set, and to the customer experience), and who would have to step up to lead the charge. Tips to Ask Good Questions.

Sull 70
article thumbnail

Engaging Shoppers with Intelligent Stores

Harvard Business Review

Some retailers are responding with clever innovations. How do they adopt an intelligent-store strategy that incorporates associates, shoppers, changing technology, new consumer behaviors, and the store itself? Research has linked high associate attrition with a poor technology environment. Big difference.

Retail 15
article thumbnail

3 Traps That Block Corporate Transformation

Harvard Business Review

Digital-first companies, such as Amazon, Facebook, Google, and Twitter, are amassing market share and capitalization, but only a few brick-and-mortar corporations (think Apple, Nissan, and HCL Technologies) have been able to change fast enough to catch up with their rivals. Being illogical can sometimes be a way of achieving the impossible.

article thumbnail

3 Traps That Block Corporate Transformation

Harvard Business Review

Digital-first companies, such as Amazon, Facebook, Google, and Twitter, are amassing market share and capitalization, but only a few brick-and-mortar corporations (think Apple, Nissan, and HCL Technologies) have been able to change fast enough to catch up with their rivals. Being illogical can sometimes be a way of achieving the impossible.

article thumbnail

How the Navy SEALs Train for Leadership Excellence

Harvard Business Review

.” When I see just how difficult and challenging it is for so many smart and talented organizations to innovate and adapt under pressure, I see people who are overeducated and undertrained. Before we redid the course, SEAL sniper school had an average attrition rate of about 30 percent. That scares me.