The business logic in debiasing
By Mckinsey&Company
Debiasing business decision making has drawn board-level attention, as companies doing it are achieving marked performance improvements.
The Biggest Mistakes New Executives Make
By Harvard Business Review
Organizations invest a lot of time and money in hiring the right CEO or senior executive to set a vision and make the changes in their company. Yet within the first 18 months, there’s a 50% chance the executive will leave the organization. This failure comes with enormous costs, not only in disruption to the organization but financially, too. One estimate puts the cost at 10 times the executive’s salary – sometimes more.
How do i retain my employees? The 5 Effective Strategies that will help your company retain Talent
by Nathalie Dib, Management Consultant at NECG.
Employees’ turnover is a common issue faced by many organizations. Time and money is constantly invested to recruit and groom employees but yet some companies see their staff’ turnover on the rise. This retention crisis is frustrating for employers who need to keep their top performers in place to achieve business goals and to avoid the heavy costs that are incurred upon the departure of key employees, including but not limited to loss of productivity during the recruitment and induction phases, in addition to the recruitment costs.
Employees quit their jobs for various reasons, including better career opportunities, compensation, and/or bad relations with their supervisor, etc. No matter what makes the employees exit, companies have an obligation to better understand their reasons if they want to retain employees in the future.
NECG’s Human Resources Consulting practice has assisted over the years many medium to large sized companies in their efforts to retain their employees. First we helped them understand the reason why these employees are leaving and then elaborated the adequate action plans to retain them. We are sharing with you today some of our best practices on the matter, summarized in 5 five major steps.
What makes a CEO ‘exceptional’?
By Mckinsey&Company
We assessed the early moves of CEOs with outstanding track records; some valuable lessons for leadership transitions emerged.
Distortions and deceptions in strategic decisions
By Mckinsey&Company
Companies are vulnerable to misconceptions, biases, and plain old lies. But not hopelessly vulnerable.
How Multinationals Can Grow in the Middle East and Africa
By Harvard Business Review
Despite President Donald Trump’s “America first” approach to dealing with U.S. businesses investing abroad, and despite his administration’s rhetoric about the Middle East and Africa (MEA) region (e.g., strong opposition to the Iran nuclear deal; a ban on travelers from several Muslim-majority countries), many companies are still looking to invest in the region.