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#BetterLeadership
Tools and resources to improve the quality of our leadership
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Wasting talent reduces profits!

Wasting talent reduces profits! | #BetterLeadership | Scoop.it

Mathematicians and other rational people will ask if this produces any extra profit.

 

Van der Lee: “Willliam A. Schiemann (2009) has established a number of hard number observations based on very wide research. These findings are described in his book Reinventing Talent Management, How to Maximize performance in the new marketplace.

 

Schiemann demonstrates among other things that in organizations in which Strategy, Culture and Talent are aligned to each other (so called Highly Aligned Organizations) profit can double with respect to the competition.”

AlGonzalezinfo's insight:

Richard van der Lee writes a compelling article on the value of maximizing staff member talent:

 

Enough of excuses such as ‘it takes time,’ ‘it is unprofitable,’ ‘it is the responsibility of HR,’ ‘we already pay enough staff expenses.’ “By utilizing talents that are relevant at that moment for market developments, organizations can align with the market more dynamically.


It is kicking at an open door when you conclude that utilizing talent, on the basis of the previously formulated definition, results in both customer satisfaction and an increase of satisfaction amongst employees, allowing organizations to take a lead over the competition with consequent improvement in (financial) results” Van der Lee states.

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Bullying at the workplace: Statistics on bullying

Bullying at the workplace: Statistics on bullying | #BetterLeadership | Scoop.it
Bullying at the workplace: Statistics on bullying - Human resources News on Violence in the Workplace

 

"...between 35 and 50 percent of workers have been bullied or otherwise abused in their workplaces at some point during their careers." Duffy told us.

 

"And for those of you in HR, you might be very interested to learn of the frequency statistics that were reported in a very recent study – 31 percent of human resources personnel had been bullied and over half of that bullied group believed it was because of their role in human resources and their associated responsibilities."

 

 

As if the personal implications weren’t enough, there is also a financial aspect to this situation.

 

"In the United States, the actual cost . . . $250 million annually in expenditures related to health care, litigation, staff turnover, and retraining from workplace bullying and mobbing." Duffy explained.

 

This figure may be low given a lot of these types of costs are not always attributed to bullying when in fact they could be.

AlGonzalezinfo's insight:

It's time to take a close look at the quality of leadership in organizations!  Leadership is not a license to bully or condone it! The problem is that many of us don't know we are actually doing it!  

 

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Robin Martin's curator insight, January 3, 2013 10:50 AM

Great scoops Al on bullying! Leaders/bullying just do not mix.