Executive coaching - another set of clothes for the Emperor?
A global survey of coaching clients by PriceWaterhouseCoopers and the Association Resource center which concluded that the mean ROI for companies investing in coaching was 7 times the initial investment, with over a quarter reporting an ROI of 10 to 49 times.
The Top 5 Reasons Why Your Boss Is Ineffective and How You Can Help
Ineffective corporate leaders focus on doing what they believe the company wants them to do, instead of taking calculated risks to be more innovative and to seize opportunities.
Employees With 'High Potential' Need to Know
While many companies don't keep talent-spotting a secret, they don't broadcast it either. But experts say not informing high-potential employees that they're on the "fast track" can create a talent drop-off later as workers, feeling underappreciated, look to place their skills elsewhere.
Women Who Rock at the Top
The annual list aims to recognize companies that utilize female talent and offer policies and practices that encourage women’s advancement. To qualify, businesses were required to have at least two women on their boards and over 500 employees. Rankings were determined by female representation, hiring, attrition and promotion rates; access and use of retention and advancement programs, like mentoring and executive coaching; and manager training and accountability.
Penny Wise Pound Foolish You Can't Save Your Way to Profitability
There are two sets of management practice: There are the things we know we should do and then there are the things we actually do. I think the executive coaching industry owes a good part of its success to our inability to practice what the thought leaders preach. Big corporations tend to treat training as just another box to be checked while the small business owner excuses himself, saying only that he is too small to afford big boy toys such as hiring profiles and more than a nod to employee education.
When Gamal Aziz became president of MGM Grand Hotel & Casino
in 2001, Las Vegas was on a roll—and so was the MGM Grand. The 5,000-room hotel was ringing up $175 million a year. The challenge for Aziz: to take something good and make it even better.
But ask Aziz what was the single most important factor in the jump, and he won't talk about twirling acrobats or signature dishes such as free-range quail stuffed with foie gras. His answer is: the employees. Now with times getting tougher in Las Vegas as tourism drops and gambling revenues fall, Aziz says his people have become even more critical to the company's success.
The Role of Employee Engagement in the Return to Growth
While facing the recent recession, the threat of employee turnover seemed low due to a rigid labor market. During that time, however, employee engagement levels dropped. Today, as employees see signs of recovery, they increasingly plan to leave their positions suggesting a looming employee-retention problem and a talent exodus that could have long-term impact on corporate performance. In fact, Corporate Executive Board's Corporate Leadership Council conducted research that finds less than one quarter of employees (23 percent) exhibited a high level of "intent to stay," a leading measure of turnover, in the second quarter of 2010.
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