What choices do you have? What opportunities are there?
As CEO, you are the person most directly vested with the responsibility
of moving your organisation forwards. In the current climate
of relentless change, great technological developments, enormous
security issues, increased globalisation, raging competition,
and intense shareholder pressure, this is no easy challenge.
Many CEOs have sought to address this challenge by drastically
cutting costs wherever possible. To a large extent this has
been necessary, just to stay in the game. However, many CEOs
have gone too far with cost-cutting, and the short-term gains
can all too easily lead to considerable long-term pains.
Consider the impact of excessive cost-cutting on the most
precious of resources - the staff in your organisation. Statistics
clearly demonstrate that in recent years intense work pressures
have dramatically impacted on worker stress levels, motivation,
productivity, compensation claims, etc. Staff cannot continue
to do more with less, as they are often expected to do. They
cannot work both harder and smarter. They are not just cogs
in a big corporate wheel.
So, what choices do you have as CEO, given the relentless
pressures facing you and the organisation? What opportunities
are there for you? You may not be aware of the following vital
statistics:
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Literally billions of dollars are wasted by Australian organisations annually through poor recruitment and selection practices
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Various studies have shown that most change programs don't lead to the sought outcomes, often because the people factors are neglected or ignored
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Most projects don't achieve the key deliverables within time and within budget
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Between 80% and 90% of training is not effective - i.e. it does not lead to sustained performance improvement. Considerable research has demonstrated this.
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Most organisations sadly lack in effective performance management systems and processes, which are so vital to ensuring high employee performance and motivation.
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Consider briefly and honestly how your organisation rates
in each of the above five key areas. Then consider roughly
how much your organisation could save by getting these five
areas right. For so many organisations, it would translate
into many millions of dollars annually - dollars which are
now hidden, and not revealed in your organisation's bottom
line figures.
How can we help? We can work with you as business partners
to provide the right training in all of the above areas and
work closely with you to ensure that other systems and processes
in the organisation support the training.
We also encourage you to read the Hot Topics on this website,
which provide more detail on the above key areas.
Call us
on 0438 792 300, and we can come out and talk to you. We
will happily work with you to complete a (free) needs analysis
questionnaire, which will help you identify the areas of greatest
need in your organisation.
Alternatively, send us an email at training@advancedhr.com.au.
We have numerous clients willing to testify to our professionalism
and skills in helping them to move forwards. We would be delighted
to help you in the same way.
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