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Technical skills topped the list but also crucial are key leadership and culture capabilities such as changemanagement, strategy building, and business relationship management, as well as critical business skills such as cost, product, and vendor management, as shown in the graphic below.
The Chief Revenue Officer does more than just come up with bold strategicplans. They’re also hands-on in putting those plans into action, ensuring everything runs smoothly, and keeping a close eye on progress to make adjustments when needed.
By crafting and implementing strategicplans, CSOs guide the organization toward achieving its objectives and adapting to industry changes. CSOs also play an irreplaceable and vital role in integrating data analytics, artificial intelligence, and other technologies into strategicplanning, enhancing decision-making precision.
This multi-faceted nature of the COO’s responsibilities requires an individual equipped with various skills, including strategic visioning, changemanagement capabilities, team leadership qualities, and a deep understanding of contemporary business trends.
Managers and their staffs were unhappy and could be easily tempted to check out other job possibilities if they surfaced. New recruits heard stories that made them question their decision to join the company ranks. Clearly, after as much as five years, employees still suffered from the “survivor-blaming phenomenon,” as Noer called it.
Community Marketing is not only a sales strategy, it is also a recruiting strategy. Personally, I believe in spending a lot of time up front in the recruiting process and being sure to enable the potential employee to see what the company is all about. Concomitantly, hiring the right people is a critical success factor.
They need a solution that also addresses the bad reputation that the recession has wrought on many companies and that identifies cultural changes that will attract new employees. Evidence has shown a high correlation between employee job satisfaction and engagement and employee retention and recruitment.
With better data, we could more readily compare the impact of various programs – such as dedicated management training for women and minorities, diverse employee resource groups, and recruitment and outreach initiatives – and recommend best practices.”
High attrition disrupts workflows, increases recruitment costs, and damages morale. Aarthi Scott Growth, Innovation, and Business Transformation Leader Aarthi Scott is an executive leader in business transformation, customer success, and strategicplanning. The post How to Retain Top Talent While Scaling Rapidly?
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