Author: BighamConsulting , Last Modified, 2017-05-08 Category: Business Keywords: Undertake-a-Human-Capital-Strategic-Review
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Our understanding of motivation in the work place has come a long way since the early studies of Abraham Maslow and his "Hierarchy of Needs". The need for job security and a steady pay-cheque reflective of the industrial age is being gradually superseded by an innate desire for self actualisation, at least in the developed world. This expression led economy is supported by technology driven ecosystems. Bigham Consulting's N-Gauge Motivation System The N-Gauge Motivation concept is a Bigham Consulting Trade Mark and protected under intellectual property law. We kindly ask that you ascribe credit to us if you choose to use this tool. Leading organisations must realise that holding on to and attracting top talent will require a mind shift. Financial inducements alone are not sufficient and nurturing human capital motivation should present an investment opportunity yet we still see the hire and fire mentality that rote follows the economic swings and roundabouts. The real cost is lost talent, excessive staff churn, inadequate customer service and missed customer value opportunities. Failure to understand what motivates your best people will be your biggest expense and is surely the shortest route to failure. The lessons of the financial crisis have still to be taken on board, lest we be doomed to repeat them.
Keywords:Undertake-a-Human-Capital-Strategic-Review
Blog title: Undertake a Human Capital Strategic Review( 18 articles!)
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