Wednesday, June 07, 2006

6 MANAGEMENT MYTHS

Demoralizing The Workplace

1. Creativity is limited to those paid to be creative
2. Money is a motivator
3. Pressure on time and resources create better solutions
4. Fear creates breakthroughs and savings
5. Internal competition produces more results than teamwork
6. Less employees creates stronger commitment and results

Fact: Stress costs the US economy over $300 billion a year in absenteeism, lost productivity and increased health care costs
Fact: US companies have laid off more than 30 million full-time employees since the early 1980s.
Fact: In 2005, over 15 percent of the world’s 2500 biggest companies lost their CEOs as boards became less tolerant of poor performance.
Fact: Over 40 percent of retired workers in the US stropped working sooner than planned because of health problems and layoffs

Not everything that can be counted counts and not everything that counts can be counted.

--- Albert Einstein

GROWTH <> LEADERSHIP <> EXCELLENCE
© 2006 3 Minute Learning LLC

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