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Case studies / References
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Sumitomo
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"When Fort Dunlop was taken over by Sumitomo, the
Japanese management asked for money-saving ideas from the workforce.
A junior employee saved the company £100,000 a year in electricity
payments by suggesting that every other fluorescent light in the huge
factory did not need to be used - an idea that he had had for years!"
J Adair, 1997. Decision Making and Problem Solving |
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Heinz
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"H J Heinz, USA had a marketing problem... The
company wanted to get sales promotional material to consumers more
quickly. Brainstorming produced 195 ideas. After evaluation,
eight were immediately used. A member of Heinz, when talking about
another brainstorming session, said "Brainstorming generated more and
better ideas than our special committee produced in 10 meetings"."
J Adair, 1997. Decision Making and Problem Solving |
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"Commitment from employees is critical to overall business performance:
research has shown that, even in similar jobs, your best employee can be
2.5 times more productive than you worst
employee. These differences are not caused by physiological differences
between employees, but are explained by motivational and behavioural
drivers that are manifest in terms of organisation commitment and job
involvement."
CMI, 2004. The Business Energy survey: assessing the energy
levels of UK managers |
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A survey involving 4,000 individuals and
300 HR managers brought to light that 49% of staff leave their jobs
because they experience a lack of opportunity for personal and career
development. Only 21% of employers appreciated this being the main
reason.
Reed Consulting, Employee Attrition: Causes, Effects and Retention
Strategies
While the average cost of recruiting a replacement
manager/professional is thought to be £5000, the estimated total cost of
labour turnover in 2003 for the same group was £7000.
CIPD, June 2004. Recruitment, retention and turnover: a survey of UK
and England. |
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