The True Cost of Bad Managers

Kevin Eikenberry

Have you ever stopped to think what the cost of bad managers is to an organization? The Costs Studies have found the cost of bad managers in the US […]. The post The True Cost of Bad Managers appeared first on Kevin Eikenberry on Leadership & Learning.

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What is drama costing your organization?

Lead Change Blog

Listen in as Next Element Co-Founder and CEO, Nate Regier discusses how drama costs the US workforce over $350 billion per year in lost productivity, absenteeism, passive-aggressive behavior, and wasted energy. The post What is drama costing your organization?

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6 Ways to Save on Maintenance Costs for Your Business

Strategy Driven

Though you may feel like you have no extra room in your budget, there are almost always ways to save business costs without cutting corners and compromising on quality or safety. Here are six tips for saving on maintenance costs for your business.

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Effective Ways To Lower Your Shipping Costs Substantially

Strategy Driven

Fortunately, there are a few straightforward and practical ways to lower your shipping costs effectively. And because lower shipping costs will benefit both your business and your customer base, there’s no reason not to consider these simplistic suggestions.

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12 Plays to Kickstart Your Recruitment Process

To stay ahead in this race, every recruiter needs a good playbook. In this eBook, we lay out 12 recruiting plays that can automate key steps in your recruitment process, helping you reduce both the cost and the time it takes to hire the best candidates.

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. Our coaching session was fairly straight forward until he mentioned one of [.] Author information Jeff Orr Jeff Orr is a Leadership Performance Coach, Transformational Speaker, and Author.

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The Hidden Costs of Not Washing Your Truck Frequently Enough

Strategy Driven

The rust can also travel and cause defects that prevent major parts from working and increase auto repair costs for the owner. By setting up the services, the owner can avoid high costs later and protect their commercial vehicles. Increasing Maintenance and Repair Costs.

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Greatness Comes At A Cost

Joseph Lalonde

Greatness comes at a cost. A cost many people aren’t willing to pay. Greatness will cost you: Your time. Many times people don’t reach the level of greatness within them because they’re unwilling to pay the cost to be great. Continue Reading… The post Greatness Comes At A Cost appeared first on Joseph Lalonde. Everyone talks about wanting to be great. They claim they want to make a difference in the world. But is that the truth?

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Cutting Your Business Costs: Top Tips

Strategy Driven

Even with less costly technology and marketing tools, it costs money to run a firm, and those expenses rise regularly. Here are some strategies to cut costs and increase your bottom line in your business. Lower your workspace costs. Reduce staffing costs.

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The Cost of Unclear Expectations

Nathan Magnuson

When an entire team is involved, the level of effort, time and cost adds up quickly. This is where the cost really multiplies. And this doesn’t factor in the cost of morale lost in the process! The post The Cost of Unclear Expectations appeared first on Nathan Magnuson. I’m told that one quote preachers try to live by is, “If it’s foggy in the pulpit, it’s cloudy in the pew.”

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How to Reduce Business Costs

Strategy Driven

Every business will have various costs, which are, unfortunately, unavoidable. Additionally, it is important to re-assess your costs regularly to make sure that you are not overspending. Here are a few ways that you can reduce your business costs.

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A Proven Guide to Recruiting Passive Candidates

It's not efficient to be in active recruitment mode all the time. It's important to also invest in building a passive candidate pipeline. Download the guide to help you build a recruitment strategy that attracts both active and passive candidates.

The Cost and Opportunity of Standing-With

Leadership Freak

You put yourself on the line when you stand-with. Some of my proudest memories are of people I’ve stood-with when it would have been easier to walk-away. I’m not special.

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Unexpected Costs of Running a Small Business

Strategy Driven

Utility costs can also eat away at your budget. Leased spaces will often include these types of costs as part of your agreement too, so look into those and always make sure that you are getting the best deal. It doesn’t cost a lot to invest in.

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Asking a Question Costs Less Than Having an Answer

Leadership Freak

Control freaks fear freedom. But treating people like robots never inspires. Control-freak-leaders deliver narrow results. Choices inspire ownerships and instill responsibility. Every decision you give someone communicates trust, confidence, and respect.

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How a Slow Internet Connection is Costly to Your Business

Strategy Driven

The internet is an integral element in the functionality of every business. Every business needs to invest in a reliable internet connection to ensure that everything runs smoothly, from communication to eCommerce.

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How to Decrease Your Construction Business 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]. Women On Business Partners

Best Practices for Marketing Database Cleanse

Finding a vendor to cleanse and optimize your marketing database can be difficult if you don’t know what to look for. Download the eBook to get the most out of your database cleanse and find an appropriate vendor for your B2B marketing objectives.

The Mistake that Costs Your Consulting Firm Winnable Projects (and How to Fix it)

David A Fields

The post The Mistake that Costs Your Consulting Firm Winnable Projects (and How to Fix it) appeared first on David A. Consider reality talent show contestants for a moment. Many have modest talent (at best) and are, nevertheless, shocked when they fail out of the competition.

The Hidden Cost of Retaining a Bad Hire

Let's Grow Leaders

The post The Hidden Cost of Retaining a Bad Hire appeared first on Let's Grow Leaders. Avoid This Huge Mistake with a Bad Hire. As a human-centered leader, you might just be tempted to hold onto an obviously bad hire too long. And, holding onto a bad hire (after you’ve done all you can) is one of the biggest leadership mistakes you can make. We see so many managers hold on to false hope, increasing the agony for everyone. The Bad Hire Question I’ve Asked Hundreds of Times.

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How can businesses save hiring costs

Strategy Driven

Do you want to reduce hiring costs in your company when hiring new employees? In an economic context pushing for the optimization of all resources, recruitment costs now represent an important issue for any HR manager. Cutting costs is a top priority.

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How to Downsize Office Space and Cut Business Costs

Women on Business

In many major cities, real estate comes with prohibitive costs, so office space can be a large expense even for profitable businesses, not […].

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Best Practices for Accelerating the Sales Process

This eBook takes a look at three headache-free strategies you can employ today to accelerate selling the right way. Read on to learn how to adopt specific workflows and approaches that append your existing processes to deliver value to your prospects and internal counterparts.

Hidden Costs 25


Home Go to Guest Posts Disclaimer Hidden Costs 25 As a business leader, if you think “costs” are only the ones where you spend real money, think again. Have you ever realized the costs of: having an inefficient leadership team? These are costs too! Generally, no realized that failing as a leader is a very costly affair. Hidden costs are more dangerous because they occur silently and are difficult to uncover.

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Reducing Your Small Business Costs in 3 Steps

Strategy Driven

To find out how you can reduce your small business costs in only three steps, be sure to read on. Today, using this kind of communicative tool will do nothing but see you pay out unnecessarily expensive annual costs.

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Keep Your Cost Per Customer Low

Strategy Driven

Acquisition cost is one of the preferred metrics on Google Ads to enhance the value of your ads. In essence, the acquisition cost refers to how much you are likely to spend on a prospect lead to turn them into a customer. As mentioned, Google Ads has strategic acquisition costs bidding.

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RELP – Episode 28 – High Costs of Leadership

Ron Edmondson

In this episode of The Ron Edmondson Leadership Podcast Ron and Chandler Vannoy talk about the high costs of leadership. There is a high cost of serving in leadership. In this episode, we discuss high costs of leadership.

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Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

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.” ” He looked at me with a combination of shock and amusement – he wasn’t used to trainers or consultants telling him they didn’t want his money. “Okay, tell me why you won’t help us?” ” It’s not that I wasn’t willing to help – of course I would.

Effective Ways To Cut Transportation Costs For Your Logistics Business

Strategy Driven

Businesses in every industry are constantly faced with the ongoing challenge of reducing costs to boost profits. So, when it comes to dropping transportation costs for your logistics business, you should avoid any approach that will negatively impact your services’ quality.

6 ways to turn meetings from a cost into an asset

CEO Insider

The post 6 ways to turn meetings from a cost into an asset appeared first on CEOWORLD magazine. The way businesses conduct meetings has certainly changed in the past 18 months and in years gone by they had typically been little more than a work-based social function on company time.

The High Cost of Constitutional Compromises

CEO Insider

License and Republishing: The views expressed in this article The High Cost of Constitutional Compromises are those of the author Wolfgang Mack alone and not the CEOWORLD magazine.

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9 Ways to Manage Costs and Prepare for Future Growth

SMB leaders are working day and night to navigate the COVID-19 crisis. Successfully managing it requires the CFO and HR leader to make complex decisions quickly, without rushing into an uncoordinated response. Foremost among these decisions will be cost containment. The way organizations manage costs now will determine how well they perform during and after COVID-19. Download our guide and start preparing for the future today.

How to Tune Construction Job Costing Software for Improving Project Tracking

Strategy Driven

Hence, it’s a given to include job costing software for all construction jobs and having regular flow between projects. As a construction manager, it’s important to have regular insights into a project’s different aspects and know how the costs are being distributed.

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Are Lonely Salespeople Costing You Customers?

Harvard Business

It’s more than an issue of morale. Research finds that loneliness could cause three behaviors that damage business performance. Sales Sales team management Digital Article

5 Effective Strategies for General Contractors to Cut Costs

Strategy Driven

Contractors need to devise ways to cut costs in order to remain profitable. With increased competition, the need to cut costs has become important now more than ever. Eliminating people is not the right way to cut costs. Instead, you should look for other ways to cut costs and boost profitability. Cost Audit. The first step in cutting costs should begin with a complete audit of the existing expenses. Actual material costs.

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4 Ways To Lower Costs and Increase Your Business Revenue

Strategy Driven

Businesses cost money to run. As the owner, you should be looking for ways to lower costs and save money as much as possible, without affecting your staff or production rates. So how can you lower costs efficiently and quickly? Lowering production costs.

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The High Cost of a Bad Hire

74% of organizations admit to making bad hires every year. Check out this infographic to learn how much these bad hires are costing you!

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. In thinking about trust this week I was reminded of a great quotation from Ralph Waldo Emerson: “Our distrust is very expensive.” ” I love […].

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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. In the United States on a yearly basis, absenteeism costs companies just under $3000 per salaried employee, while the cost is just under $4000 per hourly paid worker. While initially costly, the long-term benefits are well worth it.

3 Cost-Effective Strategies for a Modern Online Business

Strategy Driven

For most companies, however, managing and maintaining the vast infrastructure of a modern IT-based business is a perplexing challenge, expensive and in most cases not even possible when such things as qualified technicians, complex integrations, and the cost of equipment are considered.

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“10Minutes on sustainable cost reduction” from PWC

First Friday Book Synopsis

From time to time, I come upon material that seems especially interesting and, more to the point, valuable. Here is one example: The 10Minutes series from PricewaterhouseCoopers LLP (PWC), a Delaware limited liability partnership. * * * We recognize how busy you are… …so we are asking for just 10 minutes of your time to [.].

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No Ego: How Leaders Can Cut the Cost of Drama, End Entitlement and Drive Big Results

Speaker: Cy Wakeman, M.S., CSP, President, Reality-Based Leadership

Cy Wakeman proposes a radically different approach to HR leadership. Changing the ways leaders think and the strategies they use in their work is a serious and critical economic issue. Leaders should help others develop the great mental processes they need to eliminate self-imposed suffering and choose to be accountable for driving results.