Highlights

8 out of 10 managers...

...say they know they need organizational development services, but only 1 out of 20 managers actually seek the help of an outside resource, to help with them.

 

Employer branding...

...is getting much attention lately.  By implementing a well-aligned employment brand, organizations can increase their likelihood of attracting and retaining employees that best ‘fit’ their culture.  According to new research on employer branding, 61% of companies now have an employer brand  and 25% either recently developed their brand or plan to do so within the next 12 months.

 

With a rocky economic start to 2008,...

... businesses are searching for ways to retain key talent, other than monetary recognition.  Good news:   According to a recent survey,  money is not the primary driver of employee loyalty and retention.  So what is?  Open communication, employee recognition and involvement in decision-making top the list, according to the 2008 Management Action Programs Inc. (MAP) Quarterly CEO Survey. 

 

Organizations that successfully engage employees...

...outperform their competitors by 40%-200%, regardless of economic conditions.

 

According to the 2005 Human Capital Index report...

...succession planning is one of the key strategies in reducing turnover costs.

 

A 10% increase in spending for work force training resulted in...

...an 8.5% increase in productivity whereas a similar increase in capital expenditures resulted in only a 3.8% increase in productivity according to a study of 3,200 USA companies conducted by Robert Zemsky & Susan Shaman of the University of Pennsylvania

 

Use downtime to enhance skills (Harvard Business Review 2008)...

A downturn presents the perfect downtime to enhance the skill your people really need to excel. “Are you kidding?” You might ask. “When times are tough, professional development is a luxury.” Not so. Often that’s precisely when there is enough breathing room in the daily work flow to give your people the chance to better themselves. Employees at all levels can receive training to improve their team-building, collaboration, process ownership, and other skills- which pays off when economic normalcy returns.