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For healthcare leaders, investment in technology right now requires more than just resources—it also demands patience and willingness to trust the process. As technology continues to evolve, so will organizations’ understanding of how it impacts the bottom line. For that reason, hospital CEOs must remain committed to investing in new technology for the long haul […]
Companies are always looking for ways to stay ahead of the competition. One strategy that has consistently proven to be effective in developing and maintaining a competitive edge is investing in employee development. But identifying a concrete ROI on employee development has long proven to be challenging for many organizations. How can learning and development […]
One of the biggest challenges learning and development (L&D) professionals face is showing management there was a return on their investment (ROI). Sure, good L&D teams can point to concrete and important achievements like fewer accidents and higher scores on employee satisfaction surveys. But at the end of the day, companies are in business to […]
It’s hard to dispute the benefits of employee training. Employees who are better trained tend to adhere more closely to company policies, be more up to date on key skills, be better communicators, and have a greater sense of commitment to their employers than employees who aren’t offered training. Investments in Training Lagging Still, so […]
The Great Resignation has had an undeniable impact on businesses throughout our country. Per the latest Job Openings, Layoffs, and Turnover Survey (JOLTS) release, November 2021 saw a series high of 4.5 million employees leave their jobs—a 3% increase from the month prior. While historically, high turnover was most prevalent in the younger workforce, today’s […]
by Brad Federman British-Canadian author Elizabeth Thornton once said, “Objective leaders identify their unproductive mental models and tweak them for greater effectiveness.” The same can be said for employers and employees. Say some of your employees are working less than efficiently. You decide that the solution is to send them to a training session. When […]