Cutting Employee Churn

Today's Myatt on Monday's question comes from a CEO who asked: "Our employee turnover is higher than I would like it to be. If you had to point out one factor that drives employee churn, what would that be?" Few things in business are as costly and disruptive as having the proverbial revolving door for employees to exit from. Even worse is not knowing how to stop the door from turning. While an…

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Why Accountability Matters

Accountability and transparency are hot topics today, and rightly so...Given this new found popularity, I felt that a piece delving into the topic of accountability would be both prudent and timely. Frankly, considering what the lack of accountability has done to our nation's economy and political structure we should all be spending more time on the topic. However the truth is that few people…

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Are You Culturally Savvy?

What do I mean by culturally savvy? I am not addressing the topic of being politically correct, rather I want you to focus on the importance of simply being cognizant that there is a larger cultural impact on how business is conducted today than ever before. Cultural differences often exist within the same companies...they certainly exist between different companies. Without question, there are…

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Fear, Failure, Risk and Success

Because risk management as it applies to executive decisioning is a subject that is not adequately addressed in the educational world, it is often left to lessons of experience. As such, learning how to recognize, understand, quantify, and manage risk is one of those lessons that often comes at a very high price. While each individual has a different tolerance for risk, it is how a person chooses…

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