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Do you know how much employee turnover costs your organisation? And how much you could save by improving your retention?
Only 28% of organisations can answer 'Yes' to these two questions!
For everyone else, it's a daunting dilemma that's often swept under the carpet. But that’s obviously not going to solve the problem.
If you really want to do something about your turnover issue, the first step is to fully understand it.
So, we have highlighted the 11 essential things you need to know about employee turnover in this handy infographic!
You may have seen my interview last year with Henley Business School, talking about how to succeed with corporate change, and the need for organisations to invest enough time upfront to ensure that people are involved in co-developing the solution, and that they can see benefits of the change along the way. This will give you the best chance of the transformation being sustainable.
While two weeks ago, I said 2017 will remain etched in memory for the #MeToo campaign and #GoogleforJobs, there were quite a few topics (not all new) that captured the imagination of folks in HR. It may not have been the banner year for HR innovation, but there was plenty in news to keep us going. Here is a roundup of 12 topics from the last 12 months that had HR professionals (and others) around the globe sit up & take notice.
In August 2017, India’s highest judicial office, The Supreme Court, upheld the right to privacy as a fundamental right of the country’s citizens. In an era, where data is easily disseminated through a wide array of physical and digital channels, we often end up losing control of the very resource that we created and one that defines us in myriad ways.
As someone who helped to produce and parent the Millennial generation I probably shouldn’t be surprised by their list of clear-cut “wants” from their careers, and yet I can’t help sometimes feeling that the list is a bit excessive. We were never so finicky!
Let’s remind ourselves what we know about this generation that by 2020 will represent 40% of the working population:
Whilst your organisation has been successfully growing the business, are the controls and processes that were originally implemented, still fit for purpose?
The news feeds and press are rife with companies suffering from major challenges, potentially serious enough to put the organisation out of business, along with many smaller firms in their supply chains. The most recent sad demise of Carillion, being a prime example.
People say that these challenges can be traced back to one or two badly contracted or managed deals, at an aggressively competitive moment in time.
What is the Excellence in Leadership (EiL) all about?
The EiL is proud to present our first 2-day summit to be focused on business transformation with an emphasis on people and technology leadership.
The EiL summit will be led by world-class industry and academic thought leaders giving their insight into organisations as they delve deeper into ways of thinking and working that can help to deliver excellence in the business.
Some of the speakers confirmed already are:
It simply doesn't feel right to miss out on the current trend of writing about the death of employee performance reviews - if nothing else, they seem to make for such catchy headlines. Just recently, for example, Accenture claimed it was doing away with annual performance appraisals, and not to be left behind, Josh Bersin, Deloitte and PWC are suggesting we'll soon see radical changes in this domain. However, in the words of Andrew Lloyd Webber: "I've got news for you" and my news is: organisations will never do away with performance reviews because if they do, they will fail.
On Tuesday 21 November 2017, Robert Gabriel Mugabe officially resigned as the President of the Republic of Zimbabwe. After 37 years in power, the man who became his country’s first democratically elected leader in 1980, stepped down in the wake of a military takeover that has sent shockwaves around the world.