The cost to the Australian Economy of employees who are not engaged by their work is estimated to be $42.1 billion a year. This is pretty staggering isn’t it? What it goes to show is that staff are the linchpin to most, if not all, businesses.
Organisations need strong performers, working smarter and more productively, with competent leadership who will engage and motivate them to meet growth goals. Here are some strategies to keep your high potentials engaged, and with you for a long time.
Australia really is the Lucky Country, but local businesses need to seize the benefits of the boom by supporting innovation, growing their skilled workforces, attracting investment and increasing productivity. All these goals require a workplace where employees are engaged and motivated – but, engagement doesn’t always sit well with our national persona.
As a virtual CFO I’ve seen quite a few businesses undervalue the importance their team plays in having input in the strategic growth and direction of a business. Employees strive for more than just a pay check at the end of the month.
Australian retailers are being warned that they will lose both sales and customers if they do not engage with their customers consistently across multiple channels.
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