You have employees who fall short in their role due to poor job fit.
You have people who have a hard time getting along and getting the job done.
You have managers who struggle to engage and inspire others.
You have employees who aren't a good match with how your company operates.
Jim Collins
The implications of flawed hiring practices are profound when considering the overall financial burden to your organization, which includes recruitment, training, and lost productivity costs.
These costs underscore the importance of using robust hiring processes and the potential financial risk associated with inadequate attention to this critical aspect of talent management.
Implementing vigorous hiring practices and including the use of behavioral analysis tools like Predictive Index can help lower these risks by ensuring a better fit between your company's needs and the skills and potential of new hires.
Warren Bennis
If we were talking about 58% of airline pilots, would you fly?
It's worth noting that an equal number of managers fail within their first 2 years in the role.
Poor management practices significantly affect organizational performance. Along with driving lower productivity and higher turnover, poor leadership costs include:
Ineffective management intensify these issues, proving how crucial having effective leaders is to preventing substantial financial losses and fostering a productive work environment.
Phil Jackson
Team dysfunction severely hampers productivity and morale, leading to missed deadlines, poor work quality, and a toxic atmosphere.
This kind of dysfunction stifles innovation, hinders progress, and increases employee turnover due to growing frustration and disengagement of team members. Too often, we throw people together and expect them to know how to effectively communicate, interact and coordinate their efforts, without ever giving them the knowledge or skills required to do those things.
Ultimately, unresolved team conflict damages your organization's overall health, underscoring the need to proactively address these issues.
David Cummings
We know that disengaged employees, often a result of negative workplace culture, cost organizations up to $550 billion annually in lost productivity in the United States alone, according to a report by Gallup.
These numbers illustrate the profound influence that company culture has on operational success and financial stability, underscoring the essential role of fostering a positive workplace environment to enhance employee engagement and retention.
A negative workplace environment can corrode your organization's reputation and hinder growth, which we both know is NOT what you're aiming for!
Michelle Arentz
Having a snazzy break room or ordering pizza for lunch aren't what makes your company a truly great place to work.
Culture goes much deeper than this in your organization, and there are even subcultures within your company just as there are regional differences within countries. Are you aware of your company's cultural influences?
Take a more in-depth look at the key factors that drive performance issues for your employees and consider if any of these are a reason you're not seeing the results you want.
Something hitting home here? Let's talk!
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