Lead Change Blog

MAY 4, 2021

We’re excited to share posts from leadership experts from around the globe on the topics of communication, development, engagement, motivation, productivity, team building, and more. In the workplace, this manifests as low engagement, high attrition, bullying, toxic culture, harassment, lack of psychological safety and stifled communication.

Leadership Development 365

Leadership Development Development Leadership Ethics 365

HR Digest

NOVEMBER 4, 2023

Whether it’s a fresher role or one that requires experience, Qualee reports that it takes a new hire approximately eight months to reach their full productivity. Without hitting full productivity, employees often move on to the next opportunity, leaving companies to restart the hiring and onboarding process.

Process 59

Process Attrition Trends Training 59

HR Digest

JUNE 15, 2019

Artificial intelligence will effectively reduce overhead costs, drive innovation and improve overall productivity. Organizations will also have the chance to measure the investment made on employee training through productivity tool, profitability tool and the turnover tool provided by advanced AI.

Attrition 101

Attrition Human Resources Technology Tools 101

The Practical Leader

FEBRUARY 15, 2023

Five decades of research shows the huge impact of organizational culture on outcomes like Return on Investment, stock prices, service/quality levels, productivity, sales, profitability, cost-effectiveness, and similar results. “Magnet cultures” attract and retain the best people. .

Agility 131

Agility Emotional Intelligence Goleman Participative 131

The Horizons Tracker

JANUARY 12, 2022

Interestingly, firms targeted by more militant hedge funds didn’t appear to have higher rates of attrition than those targeted by less militant investors. What did appear to make a difference, however, was the availability, or lack thereof, of non-compete clauses that prevent employees from moving to rival firms.

Hedge 127

Hedge Short-term Attrition Human Capital 127

N2Growth Blog

JULY 22, 2014

If you are responsible for leading teams, how can you be sure that the work being done throughout the day will innovatively increase impact and productivity to make tomorrow a better place? Or, if you are responsible for managing Solopreneur projects, how can you be sure that the work will increase impact and productivity?

Execution 305

Execution Objective Learning-by-Doing Innovation 305

The Horizons Tracker

OCTOBER 3, 2023

This access proved instrumental in evaluating the overall productivity of the workforce and gaining a more comprehensive understanding of the intricate dynamics at play. However, these studies tend to overlook the comprehensive analysis of employee departures and their subsequent influence on further attrition.

Short-term 72

Short-term Attrition Long-term Human Capital 72

HR Digest

OCTOBER 1, 2021

At the core of his management theory was the idea that employers should turn their workplaces into psychology labs, measuring and monitoring employees’ every move to boost their productivity and reduce their stress levels. New-age employers can address recruiting flaws such as subconscious bias among recruiters when evaluating candidates.

Trends 116

Trends Agility Bottom-up Attrition 116

Strategy Driven

MARCH 14, 2016

Speed, agility, communication, delegation, innovation. For the last few decades, most companies have met their competition in a head to head, feature to feature battle that creates a significant amount of “me too” products with little differentiation other than price. Consumers demand new products spawned from innovation.

Marketing 50

Marketing Skills Attrition Agility 50

HR Digest

NOVEMBER 1, 2022

According to the Bureau of Labor Statistics, in the United States, voluntary attrition soared by over 800,000 over the past year, while involuntary attrition declined by nearly 400,000 over the same time period. What does this imply for a company’s strategies to reduce attrition rate? What is Attrition?

Attrition 52

Attrition How To McKinsey Survey 52

Lead Change Blog

DECEMBER 12, 2014

Attrition wasn’t vacating enough positions to stop the bleeding of weekly layoffs, but the executive team knew this was not the time to put down the paintbrush and fold up the canvas. This was the time to bring paint in 50 gallon drums, roll out a canvas the size of Texas, and put brushes in the hands of innovative designers.

Attrition 317

Attrition Compliance Delegation Audience 317

CoachStation

AUGUST 26, 2022

Gallup’s latest employee engagement meta-analysis shows that business units in the top quartile are 17% more productive, experience 70% fewer safety incidents, experience 41% less absenteeism, have 10% better customer ratings and are 21% more profitable compared with business units in the bottom quartile. (5).

Motivation 130

Motivation McKinsey Attrition Influence 130

Strategy Driven

AUGUST 26, 2019

These executives tell me frankly that they don’t have the revenue stream, the market share, or the margins their products and services deserve. But that familiarity carries a steep cost: slow growth, missed targets, attrition, and unfulfilled potential. They’re not sure what the problem or solution is.

Strategic Planning 57

Strategic Planning Company Attrition Planning 57

HR Digest

JUNE 24, 2023

It provides valuable insights into employee behavior, performance, productivity, and interactions, enabling organizations to make data-backed decisions that drive business success. Enhanced Employee Experience: HR analytics helps uncover factors that contribute to employee engagement, satisfaction, and productivity.

Metrics 98

Metrics Trends Compliance Analysis 98

Kevin Eikenberry

DECEMBER 16, 2010

Consulting Speaking Training Products KevinEikenberry.com About Blog Home Blogs I Like Leadership Learning Subscribe When People Don’t Know. And the attrition rate in Patton’s armies was the lowest despite the greatest level of exposure.

Learning-by-Doing 175

Learning-by-Doing Workshop Attrition Blog 175

Skip Prichard

FEBRUARY 24, 2021

Kevin Oakes is the head of one of the world’s leading HR research firms, the Institute for Corporate Productivity (i4cp). His book CULTURE RENOVATION: 18 Leadership Actions to Build an Unshakeable Company contains Kevin’s extensive experience and research into turning cultures into agile, innovative, and resilient powerhouses.

Open-book 100

Open-book Learning-by-Doing Definition Company 100

Michael Lee Stallard

JULY 5, 2010

Laura Schroeder presents Is Attrition a Key Component of Retention? Erik Samdahl presents Four Key Practices for Developing Global Leaders posted at Productivity Blog. What will you do in your “moment of truth&# ? Janna Rust presents Purposeful Leadership: Your Moment of Truth: What Will You Choose? posted at Working Girl.

Leadership 210

Leadership Wilde Ingham McCarthy 210

Ask Atma

MAY 5, 2012

It is now possible to shift a large part of the market research into the product development phase. You call this your minimum viable product (MVP). This float refers to the amount of time it takes a vendor to understand whether their product suits the market’s interests. But things have changed.

Business Model 93

Business Model Ries Agility Entrepreneur 93

Skip Prichard

JUNE 28, 2019

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.

Sull 71

Sull How To Insourcing Sharpe 71

Harvard Business Review

OCTOBER 25, 2017

In the beginning companies sold products. A focus on products means a focus on selling running shoes. Selling products limits the revenues you can make from clients: Unless you are innovating and continually updating your product offering, customer attrition tends to be high, and incentivizing repurchases can be hard.

Project 8

Project Productivity Products Health Care 8

Harvard Business Review

APRIL 1, 2013

SAP's senior management asked Ferose to shore up employee morale at SAP Labs India, where the attrition rate had reached a painful 19% in 2009. This belief led Ferose to overhaul SAP Labs India's hierarchical, 'top-heavy' corporate culture, allowing bottom-up creativity and innovation to blossom.

Innovation 9

Innovation Attrition Software Globalization 9

HR Digest

JULY 29, 2020

Innovation in talent management and workforce panning strategies is required to help companies make profits again. Make models of which candidates are probably going to experience a drop in engagement and productivity. Workforce Productivity. Corporate Innovation. Increasing innovation is tied to strategic goals.

Attrition 98

Attrition Talent Management Agility Innovation 98

Harvard Business Review

MARCH 19, 2018

We started by tracking people joining companies with employee bases ranging from a few hundred to more than 40,000 people and pairing their progress in making social connections with monthly attrition data.

Pryor 14

Pryor Attrition Short-term Mentor 14

Harvard Business Review

NOVEMBER 7, 2016

An entrepreneurial society is one in which innovation and new business creation are, as Peter Drucker put it, “an integral, life-sustaining activity” across organizations and the economy. By emphasizing that entrepreneurial innovation is a team effort. ” How can we change this dynamic?

Teamwork 11

Teamwork Drucker Attrition Long-term 11

Harvard Business Review

DECEMBER 28, 2016

Most CX programs are broken in similar ways: They are not designed with change or innovation in mind. Mistake #1: Forgoing change and innovation. If a score improves, that number is heralded and CX teams use it as evidence of innovation and improvement by the team. So where does it all go wrong?

Attrition 9

Attrition Metrics Net Present Value KPI 9

Harvard Business Review

MAY 7, 2013

This kind of conflict is essential in creating value as it stimulates conversation around topics, addresses ideas or points of view with an opening for directors to offer something creative, innovative and positive. Don''t be afraid of cognitive conflict — embrace it as a source of innovation and creativity in problem solving.

Attrition 8

Attrition Quality Metrics Creativity 8

Harvard Business Review

APRIL 23, 2018

For example, one driver suggested new products like Gogurts and fun string cheese that parents could get delivered early and pop into their kids’ lunches before school. These innovations helped the company deliver better customer service. Other employee innovation ideas were larger.

Servant Leader 17

Servant Leader Leadership Banking Learning-by-Doing 17

Harvard Business Review

MAY 16, 2018

Many companies are aiming to be more transparent and authentic about their products, services, and costs. Imagine, for example, being promised a culture of innovation only to have every new idea you put forward dismissed. a record low, creates the perfect storm for employee attrition. Juj Winn/Getty Images.

Reputation 11

Reputation Brand Attrition How To 11

Harvard Business Review

JUNE 1, 2015

Because they are innovative by nature, consumer tech companies need to invest heavily in research and development, which could be done if they had a portfolio of products at different stages of maturity, with some of them being established cash cows. The impact of going public too soon is “a death by a thousand tweaks.”

IPO 8

IPO Company Maturity Short-term 8

Harvard Business Review

JUNE 7, 2012

In my last post , I argued that you should start process innovation by asking front-line workers how to improve their jobs. It's not easy, to be sure, but some companies have managed to spur their employees to innovation by observing a few principles. That's a good question. It also brought back work that had been outsourced.

Attrition 15

Attrition CFO Deming Outsourcing 15

Harvard Business Review

AUGUST 20, 2015

But even if you’re adhering to principles of data-driven management , why not instead conduct controlled, randomized experiments to find out which practices are the best at promoting productivity, worker satisfaction, and innovation? After all, companies seem well-versed in running all sorts of other experiments.

Company 8

Company Policies Attrition Automotive 8

Harvard Business Review

JUNE 7, 2012

In my last post , I argued that you should start process innovation by asking front-line workers how to improve their jobs. It's not easy, to be sure, but some companies have managed to spur their employees to innovation by observing a few principles. That's a good question. It also brought back work that had been outsourced.

Attrition 12

Attrition CFO Deming Outsourcing 12

Harvard Business Review

MARCH 4, 2011

Increasingly, consumers on the floor know more than the sales staff about the store's products and price points — and competing offers. Some retailers are responding with clever innovations. Research has linked high associate attrition with a poor technology environment. Big difference.

Retail 15

Retail Attrition CIO CFO 15

Harvard Business Review

MAY 3, 2016

Reducing customer attrition, or “churn” in marketing parlance, often involves offering incentives such as discounts to individuals identified as likely to defect. Customer attrition is a widespread problem that affects firms in a variety of industries. How to Brand a Next-Generation Product. The First Cut.

Education 8

Education Execution Wireless Content 8

Harvard Business Review

AUGUST 19, 2015

According to the 2015 SHRM/Globoforce Employee Recognition Survey , such reinforcement can boost retention, productivity, creativity, and business outcomes. Another company might choose to emphasize fiscal responsibility, collaboration, or innovation. Embrace new technology. Today’s workforce is multi-generational and global.

Peer Review 8

Peer Review Review System Attrition 8

Harvard Business Review

MARCH 26, 2015

CTO Darlene Solomon gives two examples of solutions at Agilent, “Key to making this happen is an investment in telepresence across all R&D sites and very standardized product development life cycle process.” ” Time zone differences also affect work-life balance for employees on both sides.

Offshoring 8

Offshoring CTO Company Engineering 8

Harvard Business Review

JULY 18, 2013

Early economists understood that wage setting was "fundamentally a social decision," Jonathan Schlefer wrote on HBR.org last year , but their 20th century successors became fixated on the idea of a "natural law" that kept pay in line with productivity. Since 1980, though, overall pay and productivity trends have sharply diverged in the U.S.

Retail 10

Retail Attrition Globalization Short-term 10