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Organizations that've made a strategic investment in employee development report 11% greater profit

"Organizations that have made a strategic investment in employee development report 11% greater profitability and are twice as likely to retain their employees." Gallup


We all want to crack the code of high performance, but maybe we are overcomplicating things.


New research by Gallup shows that the answer to higher profits and retention may be as simple as investing in your people.


Why I hear you ask?


Gallup says "that one of the most important factors in creating a high-performance workplace is instilling a high-development culture: one that values the growth of individuals."


Gallup suggests four strategies that set the highest-performing workplaces apart:


1. They protect their investment in employee development with a focus on increasing employee engagement.


2. They avoid the most common misunderstanding about development, i.e. development does not equal promotion.


3. Their managers are highly involved in the development of individuals -- they act as coaches, not bosses.


4. Their leadership owns the culture change (not HR alone).


To read more click here.

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