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4 Strategies to Reduce Employee Turnover That Work 

The Startup Magazine

Image Link: Unsplash Businesses continue to face the issues of economic downturn, an exhausted workforce, a highly competitive landscape, and employee turnover. Employee turnover, for one, has been an ongoing problem across various industries. Do you wish to steer clear of losing valuable employees? Then, keep reading.

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7 Leadership Opportunities Founders Must Never Ignore

Startup Professionals Musings

In other words, how do you recognize the challenges that really need your leadership , versus the less critical demands that seem to always bubble to the top? As United Airlines found out a few years ago, delays in addressing customer or vendor problems can cost you more in a single day than many companies make in a year.

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8 Employee Behaviors Challenge Every Business Leader

Startup Professionals Musings

The most valuable assets of a new startup are the people on the team, and the most challenging task of the entrepreneur and team leaders is to spend their leadership time and energy productively. Most new startup founders start out by assuming they need to spread their leadership efforts evenly across all team members. Rising stars.

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Leadership Failure! What Will It Cost You?

YoungUpstarts

by Keith Martino , head of CMI and author of “ Expect Leadership “ Mediocre Mike was a card shark. So what does any of this have to do with leadership failure? And Mike shook off the losses as a necessary cost of doing business. His operational leaders turned blind eyes to cost overruns. It was in his blood.

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The Need For Empathic Business Leadership In The COVID Environment

YoungUpstarts

In the economy which is driven by consumer demand, business leaders can dig their own grave by laying off workers, as in laying off employees, means weakening the purchasing power of the consumers. So even if we see the whole pandemic from the economic lens, it would not be wise for the businesses to lay off employees on such a large scale.

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The True Cost Of Poor Leadership

YoungUpstarts

While poor management has a financial cost, it also has a wider detrimental cost to a business, as well as individuals. Bad leadership can be the result of insufficient training, an inadequate understanding of the business, and weak management skills. Poor leadership is often compounded by poor communication.

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How Businesses Can Better Retain Their Employees

The Startup Magazine

Studies have found that employee turnover results in businesses losing over $1 trillion annually. This staggering number can affect your company’s bottom line, but by providing the right incentives, you can decrease the cost of poor employee retention. Human nature is to improve and feel valued.

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