Would you fly on a plane with a pilot who had never flown before? Would you trust critical business systems and processes to teams managing them for the first time? Just as pilots spend months training on flight simulators before taking control of the real thing, simulating critical business systems and processes can greatly reduce risk before “go-live.” ScottMadden has leveraged decades of experience conducting business simulations for our clients to create a business simulation service offering to effectively train new teams and managers. With our know-how, tools, best practices, and thousands of example scenarios, we can reduce the risk, overall cost, and increase stakeholder satisfaction of your new business system or process rollout. To learn more, please visit www.scottmadden.com.
Whitepaper: Attorney Performance per Hour Analysis PerformLaw
This whitepaper gives an in-depth look at how law firms show analyze their attorneys performance per hour. These analytics will guide the firm in making informed decisions to increase profitability.
With many partners on the brink of retirement, smart law firms are proactively dealing with transition planning. Don't wait another day to implement succession planning plans at your law firm.
Would you fly on a plane with a pilot who had never flown before? Would you trust critical business systems and processes to teams managing them for the first time? Just as pilots spend months training on flight simulators before taking control of the real thing, simulating critical business systems and processes can greatly reduce risk before “go-live.” ScottMadden has leveraged decades of experience conducting business simulations for our clients to create a business simulation service offering to effectively train new teams and managers. With our know-how, tools, best practices, and thousands of example scenarios, we can reduce the risk, overall cost, and increase stakeholder satisfaction of your new business system or process rollout. To learn more, please visit www.scottmadden.com.
Whitepaper: Attorney Performance per Hour Analysis PerformLaw
This whitepaper gives an in-depth look at how law firms show analyze their attorneys performance per hour. These analytics will guide the firm in making informed decisions to increase profitability.
With many partners on the brink of retirement, smart law firms are proactively dealing with transition planning. Don't wait another day to implement succession planning plans at your law firm.
Exit Strategy Planning For Investors PowerPoint Presentation SlidesSlideTeam
The firm has no exit strategy at present. This product outlines the exit strategy for the startup firm to help its owners founders liquidate their stake in the business by stop investing more funds in it and start earning substantial profits if business is successful and limit losses, if business is unsuccessful. The Chief Strategy Officer will present it to top level management in an internal meeting. The current scenario of the firm is depicted through its overview, brief description about key people, milestones achieved, shareholding pattern, and firm financial performance is determined by revenues earned, profit generated, and earnings per share, etc. The firm has been through various stages to raise funds and is moving ahead towards its exit stage. It will assess the current funding pattern to raise capital over years, assessing optimal time for preferring suitable exit option, etc. Investors are searching for various exit options. They can choose from several exit strategies such as Initial public offerings, management buyout and strategic acquisition by third party, etc. This template will help firm to decide which exit option is suitable for it with their process, process timeline and their respective market insights with their success rate. It will also provide comparative analysis for various exit options with average time to exit, etc. The firm valuation is assessed through discounted cash flow model which will determine the present value of the firm depending upon the estimation of how much money it will generate in future. The future financial performance will be determined by the projected balance sheet, income statement, cashflow statement, sales projections, etc. https://bit.ly/2AJHAj1
"You can download this product from SlideTeam.net"
Use our content ready Strategic Portfolio Management PowerPoint Presentation Slides to showcase assets management of various securities in order to meet Investment goals. Investment management strategy PowerPoint complete deck comprises of professional slides such as objectives of portfolio management, types of investments, market scenario overview, investment instruments, securities portfolio, analysis and valuation of equity securities, industry analysis PESTEL, SWOT analysis, discounted cash flow method, financial statement analysis, company cash flow statement, investment in special situations, fixed income and leveraged securities, bond valuation system, reinvestment risk table, type of convertible securities, options analysis, warrants summarization overview, derivative products, put and call options, stock index futures and options, stick indexes comparison table, broaden the investment perspective, international security market highlights, global market trends, mutual funds investment criteria overview, investment in real estate, diversified real estate classification, KPIs and dashboards etc. Download investment portfolio management PPT visuals to analyze risk and return on investment. https://bit.ly/3sauHXW
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/business-case-development-framework-199
The Business Case is an instrumental tool in both justifying a project (requiring a capital budgeting decision), as well as measuring the project's success. The Business Case model typically takes the form of an Excel spreadsheet and quantifies the financial components of the project, projecting key metrics for making any important business decision: Net Present Value (NPV), Return on Investment (ROI), Payback Period, Cost of Investment.
If a project has been justified by the Business Case (both financially and non-financially) and receives the go-ahead from executives, the Business Case model is then continuously maintained and adjusted to track the project?s progress against the initial financial projections and assumptions. This model then becomes a working document used during the project management process.
This toolkit will detail the process of creating a robust Business Case. It also includes a working sample Business Case model (in Microsoft Excel).
It’s the honeymoon phase. You know, when the relationship is new and everything is rosy. But once the honeymoon’s over, you need to be sure you’ve picked a good a partner for now and ever after.
Learn the various components of RPO and provide a basic overview of selecting an RPO provider.
In this presentation, you will learn:
1) What is RPO (it’s not black and white)
2) The components of RPO (describe the ideal RPO offering)
3) The criteria for selecting an RPO provider (look beyond the pretty face)
4) Suggestions to help guarantee success (The basics of the RPO pre-nup)
Finance and Investment Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Finance & Investment Toolkit. It includes all the Frameworks, Tools & Templates required to improve the capability of your organization and boost your career. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Exit Strategy Planning For Investors PowerPoint Presentation SlidesSlideTeam
The firm has no exit strategy at present. This product outlines the exit strategy for the startup firm to help its owners founders liquidate their stake in the business by stop investing more funds in it and start earning substantial profits if business is successful and limit losses, if business is unsuccessful. The Chief Strategy Officer will present it to top level management in an internal meeting. The current scenario of the firm is depicted through its overview, brief description about key people, milestones achieved, shareholding pattern, and firm financial performance is determined by revenues earned, profit generated, and earnings per share, etc. The firm has been through various stages to raise funds and is moving ahead towards its exit stage. It will assess the current funding pattern to raise capital over years, assessing optimal time for preferring suitable exit option, etc. Investors are searching for various exit options. They can choose from several exit strategies such as Initial public offerings, management buyout and strategic acquisition by third party, etc. This template will help firm to decide which exit option is suitable for it with their process, process timeline and their respective market insights with their success rate. It will also provide comparative analysis for various exit options with average time to exit, etc. The firm valuation is assessed through discounted cash flow model which will determine the present value of the firm depending upon the estimation of how much money it will generate in future. The future financial performance will be determined by the projected balance sheet, income statement, cashflow statement, sales projections, etc. https://bit.ly/2AJHAj1
"You can download this product from SlideTeam.net"
Use our content ready Strategic Portfolio Management PowerPoint Presentation Slides to showcase assets management of various securities in order to meet Investment goals. Investment management strategy PowerPoint complete deck comprises of professional slides such as objectives of portfolio management, types of investments, market scenario overview, investment instruments, securities portfolio, analysis and valuation of equity securities, industry analysis PESTEL, SWOT analysis, discounted cash flow method, financial statement analysis, company cash flow statement, investment in special situations, fixed income and leveraged securities, bond valuation system, reinvestment risk table, type of convertible securities, options analysis, warrants summarization overview, derivative products, put and call options, stock index futures and options, stick indexes comparison table, broaden the investment perspective, international security market highlights, global market trends, mutual funds investment criteria overview, investment in real estate, diversified real estate classification, KPIs and dashboards etc. Download investment portfolio management PPT visuals to analyze risk and return on investment. https://bit.ly/3sauHXW
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/business-case-development-framework-199
The Business Case is an instrumental tool in both justifying a project (requiring a capital budgeting decision), as well as measuring the project's success. The Business Case model typically takes the form of an Excel spreadsheet and quantifies the financial components of the project, projecting key metrics for making any important business decision: Net Present Value (NPV), Return on Investment (ROI), Payback Period, Cost of Investment.
If a project has been justified by the Business Case (both financially and non-financially) and receives the go-ahead from executives, the Business Case model is then continuously maintained and adjusted to track the project?s progress against the initial financial projections and assumptions. This model then becomes a working document used during the project management process.
This toolkit will detail the process of creating a robust Business Case. It also includes a working sample Business Case model (in Microsoft Excel).
It’s the honeymoon phase. You know, when the relationship is new and everything is rosy. But once the honeymoon’s over, you need to be sure you’ve picked a good a partner for now and ever after.
Learn the various components of RPO and provide a basic overview of selecting an RPO provider.
In this presentation, you will learn:
1) What is RPO (it’s not black and white)
2) The components of RPO (describe the ideal RPO offering)
3) The criteria for selecting an RPO provider (look beyond the pretty face)
4) Suggestions to help guarantee success (The basics of the RPO pre-nup)
Finance and Investment Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Finance & Investment Toolkit. It includes all the Frameworks, Tools & Templates required to improve the capability of your organization and boost your career. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
MPCA HIPAA Compliance/Meaningful Use Requirements and Security Risk Assessment Series: HIPAA/HITECH Requirements for FQHCs and the New Omnibus Rule (Part 1)
The Power of Stay Interviews for Employee Engagement & RetentionBizLibrary
At first glance, stay interviews seem way too simple. Can managers really keep employees longer and cause them to work better, just by asking how they can help?
The answer is “yes”, and research tells us stay interviews can drive turnover down by 20% and more, and also improve employee engagement.
The reason is simple: Stay interviews help managers build trust with their teams. Well-respected research calls out these findings:
Voluntary turnover is skyrocketing in the U.S
Employee engagement has been flat for 15 years
Companies continuously survey employees and implement new programs to “fix” things
…All while employees most want a manager they can trust.
In fact, U.S. companies spend $1.5 billion each year to fix engagement but work around managers rather than through them…and hence make no progress at all.
Stay interviews offer retention and engagement solutions that cannot be achieved with employee surveys or exit surveys. These interviews are conducted one-on-one, put managers in the solution seat, and provide focus on top performers.
To be most effective, stay interviews must be implemented as a process rather than a one-time, solitary event. This process includes assigning managers retention goals, providing stay interview training to build probing skills, training managers to build effective, individualized stay plans, and forecasting how long each employee will stay.
What You’ll Learn
The value and limitations of employee surveys as they provide data but not solutions.
Study data that drives home the importance of supervisor effectiveness as the linchpin that drives each individual employee’s engagement and retention.
The value and techniques for converting engagement and retention to dollar values rather than continue to report them only as scores and percentages which fail to drive executive action.
Specific stay interview tools including questions to ask, data to record, and potential solutions.
The four required skills leaders must learn to make their interviews successful.
How to develop a tool to forecast employee turnover based on interview results.
This session is based on the presenter’s book, The Power of Stay Interviews for Engagement and Retention, which is Society for Human Resources Management’s top-selling book in history.
How to Build a Business Case for Online Employee Training - Webinar 09.04.14BizLibrary
In this webinar we'll discuss 5 key elements to include in your business case for online employee training and development.
www.bizlibrary.com/webinars
Leadership Strategies for High Performance Contact CentresTina Arora
This Presentation was prepared & shared by me as a Guest Speaker at a Conference on 'Customer Experience and Service Quality Excellence', organised by Gripel (www.gripel.com), on 27 and 28 May 2011.
Apply Strategic Plan EvaluationRefer back to the Week 2 compa.docxjewisonantone
Apply: Strategic Plan Evaluation
Refer back to the Week 2 company, Hoosier Media, Inc. Your consulting firm is now ready to present suggestions regarding the strategic plan of Hoosier Media, Inc.
In a 10- to 20-slide presentation with speaker notes, address the following which will be presented to the Director of Marketing:
· The best possible options for evaluating a strategic plan
· Corrective actions that should be taken to ensure company operations are correctly aligned with the strategic plan
Include the following in your presentation:
· How should the company measure organizational performance?
· How will the company examine what progress is being made toward the stated objectives?
· What criteria will be used when determining whether company objectives are measurable and verifiable?
· Based on your knowledge of the company, what changes should be made to reposition Hoosier Media competitively for the future?
Research and find 2-3 topics in current news/events
and be prepared to explain the event/news item and its relationship to
the material that we have covered in the course.
You should review papers, magazines and news feeds
to bring potential items for the group to discuss and decide on the
topics. You should then put together a slide on each item which
describes the event and demonstrates how it would impact strategic
management planning processes.
Six Sigma
The term Six Sigma, popularized by Motorola, Honeywell, and General Electric, has two meanings in TQM. In a statistical sense, it describes a process, product, or service with an extremely high capability (99.9997% accuracy). For example, if 1 million passengers pass through the St. Louis Airport with checked baggage each month, a Six Sigma program for baggage handling will result in only 3.4 passengers with misplaced luggage. The more common three-sigma program (which we address in the supplement to this chapter) would result in 2,700 passengers with misplaced bags every month. See Figure 6.4.
Six Sigma
A program to save time, improve quality, and lower costs.
The second TQM definition of Six Sigma is a program designed to reduce defects to help lower costs, save time, and improve customer satisfaction. Six Sigma is a comprehensive system—a strategy, a discipline, and a set of tools—for achieving and sustaining business success:
1. LO 6.3Explain Six Sigma
· It is a strategy because it focuses on total customer satisfaction.
· It is a discipline because it follows the formal Six Sigma Improvement Model known as DMAIC. This five-step process improvement model (1) Defines the project’s purpose, scope, and outputs and then identifies the required process information, keeping in mind the customer’s definition of quality; (2) Measures the process and collects data; (3) Analyzes the data, ensuring repeatability (the results can be duplicated) and reproducibility (others get the same result); (4) Improves, by modifying or redesigning, existing processes and procedures; a.
Sales levers SAM commercial reconnaissance electronic flyer July 2020richardhigham
Strategic accounts present significant opportunities but high risks. A SAM Commercial Reconnaissance will give you a clear picture about where you stand today and how you might capitalise on your SAM strengths.
Pressures on margins are relentless. The need to reduce costs is constant. No business can afford to take its eyes off these fundamentals. For most companies the costs of employing people are greater than for any other single
resource. Effective management demands that managers strive for optimum performance at least cost.
Our approach to reward is based on this essential proposition. We focus on making certain that strategies for the pay and benefits of all employees are directed at adding value and are concentrated on the bottom line. This means the design and implementation of robust systems for pay that aim to reduce costs and achieve better returns from firms’ investment in people.
Enabling the CFO as the Chief Profitability Officer Across the Company to Man...Perficient, Inc.
A presentation for finance executives
CFOs want their company to be more predictive, insightful and adaptive to change in an ever-competitive and increasingly global business environment.
The problem is, while many finance executives are told what they need to do – to get better visibility into their finances – they often aren’t sure how to make that happen.
Because every dollar spent comes with a potential risk to negatively impact revenue, today’s finance executive needs instant and reliable visibility into what drives the business in order to best manage resources and financials.
So how do you get the most comprehensive view into your organization’s financials?
We discuss how a Driver-Based Cost & Profitability Model can answer a CFO’s most pressing questions:
• Are we using analytics?
• Do we share the same data across the company?
• Are we measuring the right things?
• Do we really have a handle on cost?
• Do we strategize from the top or rationalize from the bottom?
• Are we moving the corporation forward or watching from the sidelines?
• The market keeps changing, how well equipped is my EPM model to adapt to the changes and still reflect accurate data?
Presenter Curtis Mahanay is a Senior Functional Consultant in Perficient’s Enterprise Performance Management national practice and is an avid blogger on this subject.
Elevate your enterprise cfo role reportCor Ranzijn
Companies in virtually every industry are undergoing a secular change to new, platform- based businesses. To thrive, organizations need to digitally reinvent their enterprise business
and operating models. CFO"s continue to be instrumental in providing the analytical insights to help the enterprise invest capital into new opportunities. Essential to this process is a highly collaborative, in-synch C-suite. The CFO’s newest mandate – to help steer the strategic direction
of the enterprise and do so iteratively – requires changes to their finance organizations. Startlingly, nearly half of CFOs report their own finance organizations fall short of what’s required.
The presentation provides steps to guide your finance teams to meet the changing needs of law firms. How do you deliver greater insights, automate processes and ensure you that you have the right team structure?
In 2010 Mercy Hospital sought community partnerships to assist in meeting the needs of individuals presenting to the hospital’s emergency room repeatedly who, due to their substance use disorders, mental health disorders, and/or co-occurring disorders, were not able to successfully access and engage in community-based services to address needs. This webinar will chronicle the process of development of the project by community stakeholders, implementation, highlight challenges and successes, delineate measurable one-year outcome data and return on investment.
When it comes to behavioral health/primary care integration, we are often forced to fly into unchartered areas in an effort to meet the needs of our patients and ongoing health care reform. Newaygo County Mental Health (NCMH) and Family Health Care (FHC) have been working collaboratively since 2010 to provide integrated health care. NCMH clinicians provide outpatient therapy services within two FHC federally funded Teen School-based Health Centers. NCMH recently added two Integrated Behavioral Health Clinicians to the FHC health center in White Cloud. This webinar will provide an overview of how primary care health centers and community mental health centers can partner to improve physical and behavioral health for their community.
Care4life is a personalized mobile health program that gives ongoing support to people with type 2 diabetes using the core principles of diabetes care. Care4life includes education about diabetes, tips for managing diabetes, reminders to test blood glucose, take medications, and record weekly progress on weight, exercise, and medication adherence.
Health centers are non-profit private or public entities that serve designated medically underserved populations/areas or special medically underserved populations comprised of migrant and seasonal farmworkers, the homeless or residents of public housing. This presentation provides a summary of the key health center program requirements.
This webinar will provide an overview of the evaluation study being done at the Durham Clinic, an integrated health home run by Cherry Street Health Services in Grand Rapids, Michigan. The study seeks to determine whether the delivery of health care through a multi-disciplinary team using the chronic care management model delivers better symptom management and reduced impact of the
illness on patients’ desired functioning.
During this webinar you will get an overview of Michigan’s publicly funded mental health, substance abuse, and developmental disabilities system. This will include the management and delivery structure of Community Mental Health Service Providers (CMHSPs), Prepaid Inpatient Health Plans (PIHPs), and substance abuse Coordinating Agencies (CAs), as well as primary funding sources and priority service populations.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
1. Using Tools for Putting
A Cost on Turnover
Dick Finnegan
Founder, Retention Institute
Copyright Retention Institute 20010
All rights reserved
1
2. Finnegan Background
CEO of C-Suite Analytics; solved turnover across 6 continents including
Siberian bankers, African gold mines and the CIA
Author of “Rethinking Retention in Good
Times and Bad”, per BusinessWeek “offers
fresh thinking for solving the turnover
problem in any economy”
Author of “The Power of Stay Interviews for Engagement and Retention”,
published by SHRM 2011
Noted employee retention expert by BusinessWeek, Chief Executive
Magazine, Consulting Magazine, and HR Excellence Center of China
2
3. How Important is Calculating
Turnover’s Cost?
Turnover is typically reported in #s and %s, whereas
reporting turnover costs and retention savings in $s
generates more:
Urgency
Accountability
ACTION…
and action is required by HR, top management,
operations, finance, and others to improve retention
3
4. Finance Must Own Turnover Costing
and Reporting Because…
1. Finance is qualified to conduct all complex financial analyses for
your company
3. Finance brings credibility and authority to your retention initiative
5. Finance reports important metrics to your board and executive
team
HR might track and analyze retention data but ideally only Finance
should place a cost on turnover and report it
Finance brings AUTHORITY! Once Finance realizes the $ cost of
turnover, your company’s CFO will encourage your CEO to
elevate retention’s importance and establish retention goals top to
bottom, to the first-line supervisor level
4
5. Which Jobs Should You Measure?
Clues to consider:
If your intiative is for your total company or a division, are
there one or two dominant jobs that will receive most of your
focus? If so, you might limit your initiative and your cost study to
these jobs
If your initiative is for your total company or a division but
covers a variety of jobs, can you combine these jobs into groups
based on pay and estimated replacement cost and conduct one
cost study for each group?
If your initiative is for one or two jobs only, conduct your cost
study for just these jobs
5
6. Measuring “Lost Productivity” Matters Most
Turnover cost calculators typically measure direct costs in categories such as
“separation”, “vacancy”, “acquisition”, and “placement”…and indirect
costs such as “lost productivity”
“Lost productivity” measures how much work doesn’t get done and often times
costs more than all other categories combined and might include:
Incomplete work such as products not built, calls with increased hold
times, medications delivered off schedule
Reduced quality such as items returned, customer complaints, re-doing
work
Lost customers who move to a competitor, leave long lines rather than buy,
or follow your ex-employee to their new company
Measuring “lost productivity” is art more than science and will never be
completely accurate. The calculator at TheRetentionFirm.com offers a
creative way to determine a good estimate of lost productivity’s cost
6
7. Free Turnover Cost Calculators
These calculators are among the best available on the web. The first
two apply to any job and the remaining ones are for specific jobs in
specific industries. Some require registration. Check your
professional association to see if they have one for your industry
The TalentKeepers Cost Calculator http://www.TheRetentionFirm.com/
Wyoming Department of Workforce Services
http://www.wyomingworkforce.org/resources/tools_turnover.aspx
TopMark LLC sales calculator http://www.top-mark.com/turnover_cost_calculator.htm
Cornell University’s School of Hotel Administration
http://www.hotelschool.cornell.edu/research/chr/, then click “Cornell Hospitality
Tools”, then “Turnover Cost Evaluator”
National Commission on Teaching and America’s Future
http://www.nctaf.org/resources/teacher_cost_calculator/school_calc_sdp.asp
Trinicon Group Cost Worksheet for truck drivers
http://www.trincon.com/resources/cost-calculator
7
8. Build Momentum With Data
Cost data has no value if it is announced once and then filed away.
Once again, Finance brings authority to these announcements.
Consider the following real-life examples that companies have used
to leverage this data to drive behaviors:
A $10,000 employee company found that each 1% of turnover cost or saved
$366,000
A major hotel chain that was spending $350 million on turnover projected
that by cutting turnover in half their stock price would increase by nearly 25%
Another study reported that turnover costs represent more than 12% of pre-
tax income for the average company but those companies with high turnover
lose nearly 40% of earnings
So identify ways with Finance that you can leverage your turnover
cost data to stimulate commitment to reduce turnover among your
top-to-bottom management team
8
9. Costing by Job Group
The next slide provides a format example for calculating and reporting
turnover’s cost by job group. This example is for a rural, 100-bed hospital.
You will see:
All job titles have been collapsed into 5 groups, with each group
representing jobs that are similar in pay and replacement costs
The turnover cost for these groups can now be used to both report
cost for each group and the total hospital
Comparing cost by job group directs us to which group deserves
our first attention; in this case we learn that the cost for nurse
turnover accounts for 71% of the total turnover cost for this hospital
and should therefore be the first area addressed
The formula for this calculation is to divide the total annual nurse
turnover cost by the total hospital annual turnover cost…3,846,882 ÷
5,402,801 = .71 or 71%
9
10. Job Group Example Job Cost/Exit Exits/Year Cost/Year
Non-skilled Nurses aid $7,273 20 $145,460
Skilled hourly Phlebotomist 11,825 30 354,750
Licensed Rehab 20, 429 21 429,009
hourly therapist
Nurses Surgical 49, 319 78 3,846,882
nurses
Management All top 52,225 12 626,700
managers
Total Cost/Yr $5,402,801
10
11. Put Cost Data to Work
Competitive Advantage:
Only 33% of U.S. organizations place a cost on employee turnover,
and this number decreases to 18% around the world. Fewer leverage
it in ways discussed in here, so developing this data and using it to
improve retention is a clear competitive advantage
Next Up - Retention Goals:
Armed with data and Finance at your side, your path becomes clear to
approach top management to set retention goals for your targeted
area as well as for all managers and supervisors who work there
11
12. Introducing The CERP Program
Certificate of Completion
is hereby granted to:
Kristin Scott
to certify that this person has completed all the requirements
of the Certified Employee Retention Professional Program
and has earned the CERP distinction
Granted: June 7, 2011
Richard P. Finnegan, Founder
www.c-suiteanalytics.com 12
13. Certfied Employee Retention
Professional program (CERP) is an
applied certification program based on the
Rethinking Retention Modelsm
Stay-at-Home: All tools are delivered to
individuals online but are offered here
for group participation with direct
facilitation by Founder Dick Finnegan
Development: A developmental
opportunity for an HR or Operations
leader who can earn up to 26 SHRM
re-certification credits
Completion time is 3-6 months
www.c-suiteanalytics.com 13
15. 6 CERP Modules
Module #1: Building Blocks Module #4: Narrow the Front Door
Executive Sponsor Hiring Those Who Stay
Organizational Areas Check Progress
Turnover Cost Study
Module #2: Operationalizing Module #5: Script the First 90 Days
Retention Tipping point
Retention Goal-Setting Onboarding
Exit Surveys
Module #6: Challenge Policies
Module #3: Tool Building Policy Review
Employee Value Proposition Strategic Benefits
Employment Branding
Will Include Stay Interviews!
Trust Building “The Power of Stay Interviews for
Engagement and Retention”, SHRM, 2011
www.c-suiteanalytics.com 15
16. After A Few Months With The CERP Program…
• BOST Healthcare reduced
turnover by 38% and is on track to
save $180,000 this year
• Burcham Hills Retirement
Community reduced turnover
72% and is retaining 100% of new
nurses for at least 6 months
www.c-suiteanalytics.com 16
17. The Certified Employee Retention
Professional Program
Certificate of Completion
is hereby granted to:
Kristin Scott
to certify that this person has completed all the requirements
of the Certified Employee Retention Professional Program
and has earned the CERP distinction
Granted: June 7, 2011
Richard P. Finnegan, Founder
Dick Finnegan
407.772.2710
DFinnegan@RetentionInstitute.com
www.c-suiteanalytics.com 17