3 reasons why your team will fail and Golden tips for hiring well
It’s often been said, that you get what you prepare for.
Employee attrition has proven to be a nightmare to organisations as new hires hardly make it to the second year. This means companies are forced to return to the drawing board – spending more on the recruitment process, not to mention, the induction, training and development processes, as well.
One would ask, “So what is the average length of time employees stay in organisations?”
And the annoying answer that every economist is well versed with, would be, “It depends.”
Nokia 2005 – 2010
In their research, Gallup found that employees do not leave bad organisations, they leave poor managers. Assuming that your line managers are managing well, is the one assumption that could prove fatal to organisational success. Ask Nokia. They had to revamp seriously – in terms of the “what” (strategic priorities) and the “how” (organisational culture) in order to recover part of their lost glory. And they are plodding along, still far from the finishing line.
Here are some of the “sins” that Nokia’s Senior Management were guilty of, according to a case study from Cornell University, distributed by INSEAD.
- The company’s top managers had a terrifying reputation ... read more
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7 年Every Manager MUST read this.