The Cost of Employee Absenteeism

Great Leadership By Dan

The reasons employees may be absent from work are varied and many but the bottom line is, absenteeism has a larger cost associated with it than many people realize. While initially costly, the long-term benefits are well worth it.

Alternative Selection – More Efficient Processes Can Increase Costs

Strategy Driven

There is a common misperception that being more efficient necessarily equates to being more cost effective. While seemingly desirable to be more efficient, the benefits may not necessarily be cost reductions.

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7 High Costs of Leadership Every Leader Should Pay

Ron Edmondson

If we desire to be leaders it should cost us something. Here are 7 high costs of leadership: Personal agenda. This one should never be intentional, but when you are leading change…when it involves risk and unknowns – this will often be for a season a significant cost.

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3 Ways to Effectively Advertise Your Business at Low Cost

Women on Business

We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Women On Business Sponsors advertising

The Cost of Distrust

Kevin Eikenberry

The post The Cost of Distrust appeared first on Kevin Eikenberry on Leadership & Learning. More and more often I find that a centerpiece of leadership training we design for Clients has trust – understanding it and understanding how to build it – as an important component.

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The Most Cost Effective Way To Engage Your People

Lead Change Blog

And for all the note card, bell ringing, and public praise methods, each author agrees on the most simple and cost effective method for engaging their people. Do you remember Bob Nelson’s series of books “ 1001 Ways “?

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Three Leadership Commitments that Cost Little but Payoff Big

Leadership Freak

The unimaginative and uncommitted blame lack of money for lack of action. But you don’t need money, position, or resources to make a positive difference where you work. All you need to bring… Continue reading → Leading

Everything Has A Cost

Lead Change Blog

On a coaching call this past December with one of my clients, we were discussing his 2014 goals for his business. He is a successful business owner and leader, very much a Type A personality, works long and hard, and loves his family.

Cost 77

The Shocking Costs of Hiring Mistakes … And The Secrets to Avoiding Them

The Empowered Buisness

One steep costly blindspot that I have observed in working with leaders is the unconscious avoidance, denial and/or toleration of under-performing employees. Shocking costs of hiring mistakes. More commonly known as the cost of a mis-hire.

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A Critical Team Building Mistake to Avoid At All Costs

Lead Change Blog

Please Don’t Do This. Last week I spoke with a company executive who said, “People are upset, can you help us with some team-building?” ” I replied, “Probably not.”

Leadership Caffeine™—The Human Cost of Mismanaging Change

Management Excellence

Leadership Caffeine Leading Change Cost of Mismanaging ChangeWe've Moved! Update your Reader Now. This feed has moved to: [link] Update your reader now with this changed subscription address to get your latest updates from us.

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How a Disengaged Workforce is Costing You Money

Lead on Purpose

Guest post by Jüri Kaljundi As a CEO, I make sure that at the end of the week I know what every member of my team is up to and they know that I know. Because I believe that … Continue reading → Leadership Team Building Communication engagement teamwork

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13 Cost-Free Ways to Ignite Energy

Leadership Freak

Disrespect feels like a pat on the head, followed by a closing door. Disrespect encourages your inner accuser to whisper, “You don’t matter.” Disrespect increase sick days, slow downs, and paybacks. Nearly 80% of… Continue reading → Taking others higher Motivation Encouragement Leadership Development Leadership organizational success

One Common Interviewing Mistake That Will Cost You the Job

Let's Grow Leaders

My phone rang. Colin was exasperated. “Karin, I thought I NAILED the interview. The owner seemed pleased with all my answers, and I had great stories for all his behavior-based interview questions.

Cost 77

6 Proven Ways to Reduce Costly Employee Turnover

Women on Business

We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission employee retention employee turnover hiring recruiting

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On Leadership and Succession Planning – Avoiding Costly Mistakes

Linked 2 Leadership

Recently, my wife Mary and I discussed the need to review and update our will, which is now about fifteen years old. The next day over coffee a friend asked me if I had a will. Later that day in a random conversation, a stranger mentioned that he knew an estate attorney in my neighborhood. […].

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IT Cost Levers

Crossderry Blog

It’s useful because it reminds us that just because we get billed for mobile in one package, we should decompose the costs like we would for other capabilities. It’s worth the time to break bundled costs down: you may need to differentiate service levels among your customers or find that mobile is providing capability that makes other options redundant (e.g., It could be confusing because the costs aren’t as easily severable as other capabilities.

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The High Professional Cost of Your Inability to Trust

Management Excellence

Learning to Trust The High Cost of Distrust trustTrust is one of those terms that is casually tossed around in business conversations and management literature, yet for each and every one of us, the decision to trust someone is a deep and difficult personal decision.

Cost 43

Manage Costs, Variation, and Waste – Mind the Choices

Deming Institute

As a real-life example, Dr. Deming often shared a story of how an employee’s travel costs were reduced by the travel department by requiring same day travel. Post by Bill Bellows.

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The Cost of Presence in Your Organization

Anese Cavanaugh

It was costing them roughly $288K a year. This number did not include lost opportunity costs, nor any hard costs. You’ll have an idea of your soft costs. The post The Cost of Presence in Your Organization appeared first on Anese Cavanaugh. Originally shared on ceo.com in partnership with Switch & Shift’s Leadership Presence Series. Conservatively.

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Improving the System to Reduce Costs Isn’t Equal to Cost Cutting

Deming Institute

Real benefits come when managers begin to understand the profound difference between “cost cutting” and “eliminating the causes of costs.” Cutting costs by fiat via executive orders reduces the capability of the organization. Those costs are often born by customers. In the short term reducing costs in such a manner improves the financial statements. Minimizing costs in one place can often lead to maximizing costs in another.

A Company Health & Wellness Center that Delivers High Value Low Cost Healthcare – Is it Possible?

N2Growth Blog

Each year HR professionals undertake an annual process to determine what benefits will be offered to employees as part of their benefit package – possibly considering what benefit will be taken away or how much premiums will increase to offset growing benefit plan costs. Additionally, providers rely more heavily upon Medicare and Medicaid reimbursements than ever before; more people, more complex health care issues and payments that don’t cover the majority of operating costs.

The Costs of Not Bridging the Gap Between Generations

Strategy Driven

The truth is that the actual monetary costs of not bridging this gap between generations can be tremendous. The costs are substantial. There is an additional cost in the poor performance of one employee affecting the entire output of a team or department.

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How High Obesity Rates Affect Workers Compensation Costs

Women on Business

We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission Human Resources Issues workers compensation

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The 1 Thing Your Clients Aren’t Telling You (and What It’s Costing Your Company)

Anese Cavanaugh

I refer a lot of people to a lot of different companies and vendors. Coaches, trainers, therapists, services, products, you name it — if it’s something I think will serve someone I’m working with, or one of our students, they get an introduction.

Cost 74

Cutting Costs/Curtailing Services Can Produce Crappy Customer Service

Chart Your Course

In uncertain economic times, it’s common for businesses to focus their time and energies on ways to cut costs. However, many of the decisions to cut back have generated unintended, and in some cases, disastrous consequences.

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Cost Savings of Telecommuting Would Be Over $1 Trillion Per Year

Women on Business

We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Infographics Work at Home/Telecommute infographic telecommuting work at home

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Leading Supply Chain Strategies — From Cost Centre to Competitive Advantage

Leading Strategies

This presentation will demonstrate how leading supply chains can deliver a sustainable competitive advantage, with a focus on creating free cash flow, reduci…… Supply Chain

The Cost Of Not Training Your Employees Will Shock You!

Strategy Driven

Yet, if you gave them a choice of getting in a car with someone who had passed their test or someone who hadn’t passed their test, they would take the former no matter what the cost difference was. You just finished reading The Cost Of Not Training Your Employees Will Shock You! !

Are the Costs Worth It?

Women on Business

Was it worth the costs?’ So here are the four questions I think you should ask yourself to determine if the costs of being an entrepreneur are worth it to you. If the answer is no, the costs are going to be too great for you. If the goal is to get rich the cost may be too high because starting a business usually costs more than it makes the first go round. Being an entrepreneur is hard and the sacrifices you will make will grow as the company does.

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Time, Quality, Cost – you can have any two

Rapid BI

The post Time, Quality, Cost – you can have any two appeared first on RapidBI. The project management triangle as it is sometimes known is a valuable tool for prioritizing and decision making. It is often used as a throw away tool on training courses. But it is a powerful tool in the hands of a competent leader or professional. You can pick any two, but you can’t have all […]. Business Leadership Management Model & Theory project management strategic-tools model triangle

Cost of Bachelor’s Degrees Across the Globe [Infographic]

Women on Business

Infographics higher education costs infographic Personal Development We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

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Writing Mistakes Cost Money and Hurt Your Career [Infographic]

Women on Business

We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Career Development Infographics writing skills

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Is Gamification Key to Taming Healthcare Costs?

Chartered Management Institute

Rising healthcare costs are a problem most of the western world is facing. The baby boomer generation is beginning to retire en masse, and with it many funding models are being called into question. Healthcare companies Blue Cross and Blue Shield of Minnesota believe one possible answer could be found in gamifying healthcare. They’ve conducted a pilot program recently to test just that hypothesis, with fascinating results. You are not watching this post, click to start watching read more

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A Powerful and Cost Effective Way to Become a Stronger Manager

Let's Grow Leaders

There’s no question. The best way to get better at leading is by leading. Learn some skills, get out of your comfort zone, try them out, get feedback, take it seriously, adjust, repeat.

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Sussing The Biz Costs And Paying For Success

Strategy Driven

Spending and costs are important factors to consider when you set up your company. Starting at the very beginning, we need to look at the overall costs of a new company in year one. On average it costs around 30K to get a new company up and running. Photo courtesy of Pixabay.

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Adding Value — But at What Cost?

Marshall Goldsmith

The two men at dinner were clearly on the same wavelength. One of them was my friend Jon Katzenbach, the former McKinsey & Co. director who now heads his own elite consulting boutique. The other was Niko Canner, his brilliant partner. They were planning a new venture. But something about their conversation was slightly off. When Niko floated ideas, Jon tended to interrupt him. “That’s a great idea,” Jon would say, “but it might work better if you.”

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The cost of high employee turnover

Chartered Management Institute

The attrition rate on my partners ICU ward is incredible. In the year or so she’s been working there, an entire shift of nurses has left the unit. Those people are often amongst the more experienced, so not only is there the considerable expense of advertising, recruiting and on-boarding new staff, there is also a significant drop in the skill and experience level on the ward as younger nurses replace more experienced ones.

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What is the cost of bias?

Chartered Management Institute

For decades now, diversity has been on the management agenda, but the terms of reference have been political and legal: affirmative action, equal rights legislation, quotas. Perhaps, however, the problem is that diversity has rarely been addressed properly as a business issue. Related Content: The importance of diverse opinions in your company. You are not watching this post, click to start watching read more. diversity

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7 No-Fail Ways to Build a Successful Cost Management Strategy

The Kini Group

If you don’t have lower costs than your competitors, or at least have lower costs than your average competitor, you’re dead in the water. You need a successful cost management strategy. Costs just matter too much. It costs what it costs.