Whether we can tie it directly to a profit and loss statement or not, the costs any organization incurs when no one is held accountable are significant. Those costs can be so high and spread across so many business areas that it’s almost impossible to imagine leaders not recognizing the need for more accountability—almost impossible but certainly not entirely impossible because it happens pretty often!
As we examined how high turnover and constant recruiting kill profitability, I shared some of what I experienced during the last year and a half with a large manufacturing company. I mentioned hiring over 225 new employees for that organization during that time, 150 of whom were for just one job title! Oh, and there were only 150 positions within that job title across all shifts in the facility. In case you’re not tracking with the math, that translated to 100 percent turnover in that position within eighteen months, a position that played a critical role in the overall quality of the products customers purchased from us!
I could easily tie that mess, in one way or another, back to every single profitability killer we’ve worked through here. For our purposes right now, I’ll only share how a lack of basic accountability contributed to it all…
For more on this, you're welcome to reach out to us directly at [email protected] to get a 45 Day Trial Access to our COMPLETE Leading At The Next Level program or you can check out Wes's recently released book, What's KILLING Your Profitability? (It ALL Boils Down to Leadership!) that was a #1 Best Seller on Amazon!

Ver todos los episodios