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May 17, 2017
Employee turnover is one of the greatest challenges businesses face today. According to a study by the Society for Human Resources in the US, the cost for replacing an employee is somewhere between six and nine months of an employee’s salary. Truth be told, different studies show different numbers but the fact is – whatever the numbers, losing an employee costs your business. And that’s just in monetary terms. People often forget to consider the […]
May 17, 2017
Management consultant and guru Peter Drucker once said: The enterprise that does not innovate inevitably ages and declines. And in a period of rapid change such as the present…the decline will be fast. I have to agree – regardless of the type of industry you are in and your size – innovation is critical to corporate survival. This is the reason why many companies set up R&D departments decades ago with IBM being the pioneer […]
May 17, 2017
Influencing people is a form of art. Some people have a natural talent for it simply because of the way they are with people. Most of us, however, need to make an effort and learn how to do it more effectively as it is perhaps one of the most valuable skills one can have – both in business and in life. I want to make a very clear distinction here. I’m talking about influencing, not […]