Can You Put a Price on “People Problems” In Your Team?

Putting a Price on People Problems at Work

…you need a plan of attack to stop spending time and money in these sinkholes, break out of the impasse, and solve your most frustrating problems. […]

In this article from HBR, the authors asked executives to put a price on the amount their companies lost each day due to a range of people issues, from interpersonal conflicts and unproductive weekly staff meetings to hiring the wrong employees and investing in training programs that don’t work.  The results were not suprising: on average, $7,227.07/line item/day, totaling $144,541.30/day. That amounts to $52,757,574 value lost for an organization on interpersonal issues and “people problems.”  Think your leadership and team are immune to these factors?  Think again.  The number one people choose to leave their team is problems with the bosses.  How are you engaging today to ensure you retain valuable talent and address root causes early before they become a retention issue?

Founder & CEO

Matthew Fritz is a leader and mentor in the field of complex organizational change, emotional intelligence, and organization strategy. A successful DoD senior-acquisition program manager and test leader, Matt has earned documented success in the areas of test and evaluation, assessment, technology development and flight operations. He has specialized experience in cost, schedule and performance management and is an active duty Field-Grade Officer with command-experience in the United States Air Force. Matt is also a certified acquisition professional, as well as a certified Emotional Intelligence Trainer/Practitioner. He is the Author of an instructional book entitled, “Leveraging Your LinkedIn Profile for Success” and actively blogs with other military leaders at GeneralLeadership.com, as well as his personal blog at AdvancedVectors.com. He and his wife, Stacy, enjoy life with their daughter and son in New Mexico.

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