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. Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. I call this obstacle The Disconnect.

Strategic Planning 57

Strategic Planning Company Attrition Planning 57

HR Digest

NOVEMBER 4, 2023

While it can feel like a localized issue, such market changes are just as possible in U.S. 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. industries and it emphasizes the importance of the retention process in HR.

Process 59

Process Attrition Trends Training 59

Harvard Business Review

MARCH 24, 2017

One of the costs of a weak or negative culture is voluntary attrition, or employees choosing leave. By investing in culture early on, one would expect that voluntary attrition would be lower, and our research corroborates that. For founders who are committed to focusing on their culture early on, where should they start?

Morale 15

Morale Attrition Early Adopters Benchmarking 15

Harvard Business Review

OCTOBER 3, 2016

Be on the lookout for candidates with crossover skills, which could be as simple as considering someone on your company’s public relations team for a content marketing role. Companies are planning for attrition rather than training for retention. Avoid excess attrition by getting smart about identifying flight risk.

Company 15

Company Attrition Loyalty Career 15

Harvard Business Review

MAY 16, 2018

Beyond the cost to replace staff, which is estimated at 50%–75% of the new hire’s annual salary , this type of attrition damages coworker morale, disrupts customer relationships, and, in the age of employer review sites like Glassdoor, inhibits companies’ ability to attract new talent. The timing couldn’t be worse.

Reputation 15

Reputation Brand How To Attrition 15

Harvard Business Review

JULY 18, 2013

Pay is set by the market and the labor market has gone global, the reasoning goes — and when a Chinese or Mexican worker can do what an American can for less, wages have to go down. That''s because it''s becoming clear that pay levels aren''t entirely set by the market. after the D.C. an hour on big retailers.

Retail 14

Retail Attrition Globalization Short-term 14

Harvard Business Review

SEPTEMBER 10, 2012

It pioneered the concept of branded diamonds in India, and has multiple brands for different markets and price segments. Choksi was committed to and interested in hiring more rural and disabled youth as a CSR initiative. According to Reddy, the attrition rate of disabled youth is 1% compared to 10%-15% for others.

Company 11

Company Crisis Attrition Public Relations 11

Harvard Business Review

MARCH 6, 2017

While it’s tempting to dismiss turnover as a fact of life in today’s fast-moving job market, new research shows otherwise. It appears that employees who see clear career paths for themselves and who feel committed to a company with a positive value system are statistically less likely to leave for their next role.

Career 15

Career Video Attrition Long-term 15

Harvard Business Review

MARCH 15, 2017

More companies and nonprofits are turning to external experts, on a project or temporary basis, to tap into unique skill sets and experience that they otherwise might not be able to access, afford, or locate in their market. At the same time, more individuals are turning to freelancing as an alternative to full-time company employment.

Cooper 13

Cooper Attrition Project Organization 13

Harvard Business Review

NOVEMBER 5, 2014

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. The Leadership Trap.

Competitive Advantage 10

Competitive Advantage Attrition Bottom-up Uncertainty 10

Harvard Business Review

NOVEMBER 5, 2014

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. The Leadership Trap.

Competitive Advantage 9

Competitive Advantage Attrition Bottom-up Uncertainty 9

Harvard Business Review

DECEMBER 2, 2013

In addition, attrition in the early-career professional ranks was significantly higher than that for longer-service employees. The graph, and other data, pointed out a serious problem that the company hadn’t been aware of: It had a dire need to recruit more engineers to meet both existing and future commitments to customers.

Company 8

Company Human Resources Human Capital Engineering 8

Harvard Business Review

DECEMBER 4, 2018

Picture, for example, a Muslim who prays in his car because he doesn’t want to advertise his religion, a mother who doesn’t put up pictures of her children so that coworkers won’t question her commitment to the job, or a gay executive who is unsure whether he can bring his partner to company functions.

Diversity 8

Diversity Focus Group Survey Attrition 8

Harvard Business Review

AUGUST 25, 2015

We’ve all heard by now that productivity decreases with overwork, while attrition and health care costs increase. Big Law’s commanding market lead in specific practices areas is also being challenged by boutique firms. But that’s just not true. Burton Law LLC.) .

Real Estate 8

Real Estate Entrepreneur Attrition Business Model 8

Harvard Business Review

NOVEMBER 4, 2013

It’s the Indian labor market. We should put our money where our mouth is with the People Support function, show that we’re 100% committed to our culture of inclusion. Indira contemplated the complexity of evaluating anyone on the basis of turnover, given the volatility in the labor market. Vikram shook his head.

Case Study 9

Case Study Cost Proposal Attrition 9

CoachStation

AUGUST 26, 2022

Employee discretionary effort and focus are being challenged for many reasons, including the labour market and working from home. The McKinsey group recently published an excellent resource regarding attrition and the reasons why people leave organisations. Engagement at work matters. It won’t always be like this, however.

Motivation 130

Motivation McKinsey Attrition Influence 130

Ask Atma

MAY 5, 2012

What about doing market research?” process, some market research can still be done during the idea development stage. It is now possible to shift a large part of the market research into the product development phase. First, you would do market research to gain some insight into a potential market or an underserved market.

Business Model 93

Business Model Ries Agility Entrepreneur 93

N2Growth Blog

MARCH 5, 2025

High attrition disrupts workflows, increases recruitment costs, and damages morale. Publicly acknowledging achievements, offering career development pathways, and creating an environment of appreciation can foster loyalty and commitment. Recognizing and rewarding contributions : Recognition goes beyond monetary incentives.

CTO 195

CTO Simon How To COO 195

Harvard Business Review

DECEMBER 11, 2018

This coalition of market-oriented economies would make three fundamental demands. First, Beijing would have to commit to a crackdown on state-sponsored cyber-espionage and theft of commercial trade secrets. doesn’t have the stomach to put up a big enough fight on its own to fully play out a war of attrition.

Policies 8

Policies Incentives Attrition Long-term 8