Neglect Development--Your Risk
Thursday, July 26th, 2001 Risk ManagementThe fundamental, rapid changes in our industry, combined with an unusually competitive job market, may mean that some of your employees are looking for other professional opportunities. Successful leaders know the value of retaining good employees and fostering their development. Further, they know that strong, positive leadership includes an interest in the professional development of employees. A recent research study of over 300 organizations by Watson Wyatt, a leading global human resources consulting firm, shows that establishing a balance between workforce cost management and attraction and retention of top talent is the most important challenge to an organization’s future success. The study also shows that your workforce is the most significant factor in revenue generation and cost control.
