You might have a leadership team of absolute superstars who have taken your organisation from strength to strength. That’s great news, but what happens when one of your leaders decides to move on or worse, what if several of them leave in a relatively brief period of time? You can go out to the marketplace and see what kind of leadership talent you can attract to your organisation however, is this the really the best scenario for your organisation’s culture in the long-term?
The way we work, live and learn is changing just as quickly as the world around us. New economic conditions and technological breakthroughs are combining in unexpected ways to disrupt stable industries and create new business opportunities. The challenge for today’s organisations is how best to develop the capability within their workforce that will allow them to innovate and stay ahead of the disruption curve.
Corporate training is seen as a key staff retention tool by more than 95% of hiring managers. Staff retention is important for more than just continuity, as it’s been estimated that every new hire costs your organisation an average of $30,000. Besides making really good financial sense, there are plenty of other excellent reasons you should be looking at an investment in corporate training.
How do you maximise the return on investment when it comes to corporate training? Every organisation varies however, there are a few different strategies you can employ to help you get optimal results from your Learning and Development budget.
Are you looking to future-proof your career through postgraduate study but you're unsure which program will provide the greatest immediate and long-term value? An MBA is one of the most highly-regarded and popular postgraduate qualifications available. Designed for managers and professionals to take the next big step in their careers, the MBA is seen as the gold standard in organisational leadership qualifications.
Deciding on a postgraduate business qualification is not an easy task. How do you know the program you choose will provide you with the career benefits you’re seeking? After all, any worthwhile postgraduate program will be a significant investment of time, money and brainpower, so it’s vital that you can be sure you’ll get a return from that investment. You need to be certain that the skills and knowledge you’ll master will be in high demand for many years to come.
As a manager, your people are by far your most valuable resource so retaining them should always be among your top priorities. Besides just generally being a waste of your valuable time, research indicates it costs around $30,000 to replace one employee. So how do you retain the best people on your team or is their decision to leave something beyond your control? Here are five techniques that great managers use to keep their best people on board.
We invite Dr David Paul Unit Convenor at AIM Business School to discuss Mindfulness and the innovative new AIM Business School MBA Mindfulness elective.