How can you boost your company’s profits by an average of 24%? HR Magazine says spending $1600 per employee can do just that.
Where to focus your training efforts
The present matters. And largely, it’s taking care of itself. The future of your firm relies on innovation. Not necessarily innovation with a capital “I”. It could be that you simply need a steady flow of micro-innovations. Certainly, without a doubt, change and adaptation are a more and more salient obligation for any company wishing to be around next year and the year after that.
In their recent blog, Exago observed, “Fostering trust and collaboration, the building blocks to creating a culture of ongoing innovation, is a key part of the innovation leadership role.”
When to start deliberate work on team dynamics
You may have been thinking about how to further improve dynamics on your team, improve communication and collaboration effectiveness. And you’ve likely been putting it off because of all the pressing projects and deliverables on your docket.
This is one of the easiest things to put off, and you cannot afford to do that.
Team culture, team effectiveness, teaming skill… Pays dividends.
You’re losing talent. At what rate, of course, you know better than I do. 85% of the workforce are dissatisfied with their jobs. Ouch! Who says? Gallup’s poll of 2017.
If you’re reading this blog, then you’re clearly among the top few leaders who’re deliberately and actively improving things. So, your team is likely more satisfied at work than the average. And, even if only 20% are dissatisfied, that’s still a painfully large number.
Those folks are not only more likely to leave their jobs. They’re also killing the vibe in your workplace. They’re increasing the likelihood that their team mates are becoming or will become dissatisfied as well. And they’re anti-enthusiasm creates a social pressure against enthusiasm among others.
It’s a vicious cycle.
And every day you wait to begin is a day you delay reaping the rewards. And not just… The heights you could reach by investing today you will never reach if you put off the investment until tomorrow.
Why? Ask Albert Einstein. He called compound interest “the eighth wonder of the world.” And he wisely said…
He who understands it, earns it. He who doesn’t, pays it.
Take 2.5 minutes to watch this video.
The time to take action is today. Or at the latest, tomorrow.
If you’re ready to start investing and taking advantage of the power of compound interest, let’s talk.>