Tim Hess's Linkedin Analytics

Did you know that a Forbes study shows that the cost/loss to your business of poor management/leadership is 5-8% of annual revenue. So if we use 7% as an example. And your business has $5,000,000 in revenue that is $350,000 in loss or opportunity loss. At the $10 million revenue level that same loss can move all the way to $700,000 a year. What could you do with saving even half of that amount for the business? Obviously the cost impacts varies by business but what does it mean to yours? The costs come from lack of productivity/engagement, higher turnover, no accountability, difficulty finding employees due to reputation impacts and it goes on and on. This also does not consider the fact of the upside gain for development that is scene by most businesses. According to Training Industry, companies see on average a $4.15 return for every $1.00 invested in development. That is a 4:1 ROI need we say more if I handed you $4 every time you gave me $1 you would do it all day. Retention and engagement are another large impact. Two-thirds of employees surveyed say they would rather see their manager fired than receive a pay raise. What are you doing to build a stronger team of leaders who will in turn support your employees and who again in turn will work with your customers with interest and responsiveness. Your bottom line depends on a strong leadership team who you develop and nurture. Let us help you build that team and in turn your bottom line.