As the year comes to a close, most businesses are starting to review their performance from 2016 to set new goals and objectives for the coming year.
We all know how this goes. You look at the things you’ve done well, the things you need to improve on, and so on and so forth. But all too often, “employee retention” or “culture” is a subject that lands on the “to improve” list. But who can blame you? A company’s culture is a somewhat of an abstract idea that takes into consideration the feelings, engagement levels and attitudes of everyone of all your associates.
But improving your company culture (and thus boosting retention) might be easier to do than you think. Check out this article by Nicole Fallon Taylor of the Business News Daily.
Taylor suggests a wide array of ideas…and none more interesting than #8: Invest in Technology to Save Time/Efficiency.
“Many employees feel that a flooded inbox and a constant string of meetings waste time and hinder productivity. Replace some of those emails and meetings with technology that helps them save time and collaborate more efficiently.” – Sydney Sloan, director of customer and social marketing at Jive
Now, of course, it’s important to invest in talent — business is driven by people. Your people’s success will drive your organization. However, investing in tools that multiple teams within the company can utilize will likely provide a better ROI then simply providing a pay raise to one or two associates. So invest in your talent – yes always! But also remember the tools your team has access to can have a strong impact as well.
It’s something to consider as you review the year, create your 2017 budgets and look for the best way ROI while still achieving all your objectives.
Request your assessment. Let’s start a conversation and see how we can help you align some of those objectives with your 2017 business plan.
Source: Taylor, N.F., 11 Secreats To Keeping Employees Happy, Business News Daily.