Tag Archives: Employee Turnover

Sprint or Marathon?

Have you read the New York Times piece on the tough work environment at Amazon? There has been a huge amount of coverage about the article itself and the responses by CEO Jeff Bezos and his lieutenants. Stress, tears, and very long work hours – along with hefty compensation for top performers – are all part of that company’s culture, and it can be argued that it has worked for them.

The bigger questions raised by this discussion are important. What is the culture you want in your organization? What must your organization do to compete and thrive? What do you and your top leaders want the company to be known for?

While the Amazon story gives a clear description of a tough, combative work environment – some might label it a cold meritocracy – it also is one that gets results. If you are competing against Amazon – and that includes most every organization that sells and ships anything – its intense focus on taking market share is one that should cause concern. Your customers are likely buying from them sometimes. What can you do? Do you need to transform your organization by adopting the Amazon culture, or can you get results some other way?

The short answer is this: You can get results however you would like, but your team needs to understand expectations. This starts with the hiring and selection process, through onboarding, and during the employee’s entire stay with your company.

Is your company one that encourages long tenure and values loyalty? Will it settle for 90% effectiveness rather than demanding – often demonstrated with midnight emails and text messages – 110% over months? Do you see your organization made up of a team of people running a metaphorical marathon? If so, then create and nurture a performance management and rewards systems that is consistent with that desired culture.

Is yours an organization that runs at a flat-out sprint? Does it bring in people for a relatively short time, work them hard, and reward them well, fully prepared for short tenure and a constantly active hiring team? Then be sure all of the elements – selection, training, compensation, executive messages, and exit protocols – are consistent with that paradigm.

In the end, there are not necessarily any right or wrong ways to run your business. If everyone is honest, ethical, and in compliance with the law, it is your choice as a leader as to which way lead. Just be clear and consistent, ensuring  all know what to expect. Anything less is dishonest and a path to trouble.

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Learning Dynamics can help your organization inspire great performance from its people. Visit us today to learn about our leadership programs that allow you to invest in people who will give you great results. Contact us today for more information.

Resolve to Train in 2014: Three Reasons

Put employee training and development at the top of your 2014 to-do list.

Put employee training and development at the top of your 2014 to-do list.

We might be a week or so early with our New Year’s resolution thoughts, but it’s not too soon to think about how to compete better in 2014. It seems that the economic horizon is brightening. Congress passed a budget, so the federal lights will stay on and the national parks open. Unemployment is declining and companies are more optimistic. Different challenges are likely for every organization in this environment.

Your Best Employees Will be Looking

Surveys say that 75% of the US workforce will be looking for a new position in 2014. Are some of your best and brightest among them? No matter what you think, the answer is likely, “Yes!” A robust and progressive training culture can fight that trend.

There Will be Turnover

If your organization has been fortunate to experience low employee turnover in the last few years, your onboarding training may be stale. Is it ready to go if you need to hire to replace exiting employees and to fuel growth?

Corporate Cash is Building Strength

A November/December survey in Training magazine indicates that 80% or organizations will be doing at least as much or more training in 2014 (it’s about evenly split at 40% same/more). Increased investments enabled by better corporate results will make your competitors stronger, not weaker.

Training and development have become necessities, not luxuries only for the companies that can afford the investment. Employees know that their time with your organization will not be measured in decades, but in years (single digits) or even months. They are looking to see what they get and what they will learn. If training and development are not on the menu, they will look somewhere else for their next opportunity.

The challenges are good ones. Managing growth and competing in a revitalized economy are exciting. Be ready with a team that is prepared. Resolve to invest in your people.

Learning Dynamics is a leader in customized training solutions for organizations of all sizes and missions. Talk to us to discuss how training and development can spur growth and success at your company in the New Year.