Poor leadership costs average organization over $1 million dollars annually

A new white paper from The Ken Blanchard Companies shows that poor leadership is costing the average company an amount equal to 7% of their annual revenue. That’s over a million dollars a year for any organization with $15 million dollars or more in annual sales.  The three big culprits?  Employee turnover.  Poor leadership is…

Leadership Development: The High Cost of Doing Nothing

Most executives instinctively know that strong leadership is essential for overall organizational success. However, in most organizations, there is a lack of urgency to improve leadership skills driven by a belief that an organization’s current leadership capacity—and subsequent performance—is good enough.  But is it?  A new white paper entitled The High Cost of Doing Nothing:…

Live Chat on The High Cost of Doing Nothing

Join The Ken Blanchard Companies’ Kathy Cuff and David Witt for a live, online chat today at 10:05 a.m. Pacific Time. Cuff and Witt will be answering questions immediately after their webinar on The High Cost of Doing Nothing: Quantifying the Impact of Leadership on the Bottom Line.  Cuff and Witt will be exploring how…

New Managers Often Poorly Trained

In an online article entitled Sink or Swim, Human Resource Executive’s Scott Westcott reports that first-time managers are often promoted into positions without the know-how, tools or training to successfully lead a team. His conclusions are based on survey results compiled by Institute for Corporate Productivity, a workforce-productivity research firm that found only 25 percent of…

Middle managers becoming disengaged?

An in-progress, online survey by Sean Silverthorne of Harvard Business School’s Working Knowledge newsletter shows that 82% of respondents indicate that “Yes, the crisis is sapping my enthusiasm.” (Econ Crisis Making Middle Managers Miserable)  Silverthorne also reports that 27% of middle managers find their current roles less meaningful and exciting than before the economic crisis,…

The Impact of Leadership on the Bottom Line

The research showing the connection between leadership and the bottom line continues to strengthen. Most recently, researchers Jack Zenger, Joe Folkman and Scott K. Edinger analyzed a database of 300,000 feedback reports on approximately 30,000 managers to answer six questions:  How does leadership drive profit? How do organizations and leaders maximize, if not double, profit…

Employee Turnover, Customer Satisfaction, and Employee Productivity—Why Good isn’t Good Enough

Maintaining the status quo costs more than you think.  In fact, in the average organization it costs over $1,000,000 dollars a year according to The Ken Blanchard Companies new Cost of Doing Nothing Calculator.  The calculator which was just released on the company’s web site identifies three potential drains on performance—employee turnover, customer satisfaction, and…