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Yes, it’s possible. Here’s how one hospital turned the budget over to its employees and reaped a windfall.
June 18, 2009
Yes, it’s possible -- even amid a full-blown economic recession in which massive layoffs, closing facilities, and declining profits are the norm. Here’s how one hospital turned the budget over to its employees and reaped a windfall.
The vast majority of the German workforce is not engaged with its work. Though not a hot topic at last week’s G-20 summit, this presents a serious threat to productivity -- and ultimately to Germany’s gross domestic product.
Companies can reduce costly churn if managers know what to look for. But they usually don’t -- and that's because too many managers think money is at the root of the turnover issue. This article uncovers the real sources of the problem and reveals the reasons most people quit. Find out how to keep good employees from walking out the door.
When Gallup analyzed high-performing workgroups to understand what drives their success, one of the dozen elements that emerged as most important was the statement “This last year, I have had opportunities at work to learn and grow.” Decades of research reveals that employees give more of themselves when they feel a sense of progress rather than feeling stagnant, according to the authors of 12: The Elements of Great Managing.
