Practical HR Tips, News & Advice. Updated Daily.
Most businesses understand the importance of soft skills training. It boosts productivity and retention rates 12% and delivers a 250% return on investment based on higher productivity and retention, according to research highlighted in this Forbes article. [Note: we covered the five “hard” skills in a previous post.] Here are the five soft skills your […]
Continued from yesterday’s post, here’s more about how your leadership development program affects your bottom line. Develops High-Performing Leaders When you invest in your employees’ development and professional advancement, they’ll become more committed to your organization and ensuring its financial success because its financial success becomes a factor of their own professional and financial success.
Studies have found that the most financially successful organizations don’t recruit their leaders— they develop them in-house. According to research highlighted in a LinkedIn® Learning guide, 61% of companies offer no leadership training even though the average company forfeits over $1 million per year in untapped potential and loses as much as 50% of productivity […]
This edition of The Oswald Letter is a guest post from Elizabeth Petersen, Project Director for Simplify Compliance. For most of us, the path to becoming a leader starts years before an official leadership title and a team of employees are granted.
Are your managers happy? Are they satisfied with their jobs? How can the HR team (or the greater organization) impact their satisfaction levels and make the job less frustrating?
According to research conducted by Gallup, only 1 in 10 people possess the talent to manage others, and companies fail to choose the right candidate for managerial and leadership roles 82% of the time. This means most organizations still have a long way to go when selecting their leaders and management staff. Gallup also discovered […]
About 75% of employees report that their boss is the worst and most stressful part of their job. And, to make matters worse, 85% of executives aren’t confident in their leadership pipelines! As you work to build a strong leadership pipeline for your organization and select candidates for leadership training, have them do these three […]
The world of business is changing rapidly, and according to Ellevest cofounder Sallie Krawcheck, “It’s changing in ways that make us women more valuable assets to our companies. Women do bring different strengths … that are good for business.”
Companies are innovating and changing at a rate previously unimagined. Product lifecycles are shorter, links between manufacturing and the customer are closer, and the demands for process improvement and process change have never been greater. Business leaders have never needed their staff on their side more than they do now.
Lancôme, a French cosmetic and fragrance house that is part of L’Oréal, recently announced a new initiative, designed to combat illiteracy among women.