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Leadership Churn
Leadership churn indicates the number of senior team members who leave an organization over a given period of time. Leadership churn is calculated using a simple “churn rate” formula:
(Leaders who leave / Total new leaders) X 100 = Leadership Churn Rate
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Reducing Leadership Churn with Technology
Any outdated onboarding processes need to evolve for a modern working environment.
Instead of manual practices that take up excessive time and resources—yet fail to show results—advances in technology mean you can boost your onboarding success while reducing time and effort spent....
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Reducing Leadership Churn: It all Starts with Onboarding
Focus on three key areas:
- The Organizational: Organizational onboarding consists of showing new hires how the logistics of the company function. This is where they’ll learn things such as where to park, how to enroll in health benefits, the language of the company such...
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The Hidden Costs of Leadership Churn
- Wasted time. When an employee at the leadership level leaves, a business must account for the cost of the time invested in their recruiting, interviewing, hiring, and onboarding.
- Decreased productivity. No matter how talented a new hire is, nobody c...
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71 reads
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Customer Churn
The number of customers who cancel your service or stop buying your products over a set period of time.
You can calculate your churn rate by taking the number of cancellations over a specific period and dividing it by the total num...
Change Leadership Styles
Sometimes a teammate needs a warm hug. Sometimes the team needs a visionary, a new style of coaching, someone to lead the way or even, on occasion, a kick in the bike shorts.
For that reason, great leaders choose their leadership style like a golfer chooses his or her club, with ...
How to find growth stocks
Find stocks with the following characteristics:
- price at 52wk highs or new all-time highs
- stock is trading above its 50day moving average and the 50day moving average is above the 200day moving average
- trends upwards after a earning report
- markets are up (usin...
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