Reference
- Allenbaugh GE. Coaching: A Management Tool for a More Effective Work Performance. Management Review.1983;72(5):21-26.
Staff | Issue: March 2009 |
As much as 80% of employee turnover can be attributed to bad hiring decisions, the Harvard Business Review reported.1 And turnover costs are high—one report estimated them to be 100–300% of the base salary of a replaced employee (with 150% commonly cited).2 Given this, the importance of hiring the right employees can’t be underestimated. So…
In last month’s “From the College,” we began looking at a management cycle, called the Five Rs of physician leadership, designed to help physician leaders move from being managing-managers to coaching-leaders.
Over the last two months, “From the College” provided insight on the Five Rs of physician leadership: recruitment, realization, recognition, redirection, and retention. The Five Rs give great guidance in managing the leadership process, yet they will be far less effective if you lack the ability—or willingness—to successfully communicate with your employees.
A leader is only as good as his or her team, and a team is only as good as its leader.