article thumbnail

The Problem With Traditional Business Benchmarks

Chief Executive

Benchmark: “Something that serves as a standard by which others may be measured or judged,” according to Merriam-Webster. As necessary as benchmarks are, in my opinion, the modern business world has become entirely too fascinated with them. Benchmarks can absolutely help you do that. Benchmarks can absolutely help you do that.

article thumbnail

Benchmarks 2023: How We’re Doing

Chief Executive

They were eye-opening, to say the least—and obviously a lot more than we could cram into an issue of the magazine—so we put the full results in a new study, Chief Executive Group’s 2022 Financial Benchmarks Report for U.S. As you’d expect, sector is critical, and it’s been good to be in the energy business. How do you compare?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

New CEO Imperative Calls For Bolder Strategic Plans

Chief Executive

Lingering uncertainties tied to supply chain disruptions, talent shortages, energy transition, war, the collapse of Silicon Valley and Signature Bank and the ongoing impacts of COVID-19 mean this slowdown looks nothing like the ones we’ve seen before. Align operational excellence with a customer focus.

article thumbnail

12 Organizational Health Metrics HR Should Know

AIHR

It can refer to culture, employee happiness, functionality, effectiveness, operations, and more. Typically, if operations were running smoothly, they were said to be healthy. Plus, it affects your employee’s ability to make rational decisions and can result in low energy levels, empathy, and compassion. Absenteeism rate.

Metrics 127
article thumbnail

Why Is Human Resources Important? 8 Top Reasons

AIHR

HR professionals conduct salary benchmarking, set pay ranges, manage payrolls, and designs benefit plans. By increasing employee productivity, operational efficiency and overall business performance are enhanced. Compensation and benefits management through offering fair and competitive pay and benefits.

article thumbnail

A Handful Of Expert Tips To Sustainably Increase Workplace Productivity

15Five

What’s the point of waking at 6 am when you’ll be operating at 50% for the remainder of the day? Pillay, exhausting our focus can drain our energy and make us less helpful: The brain operates optimally when it toggles between focus and unfocus, allowing you to develop resilience, enhance creativity, and make better decisions too.

article thumbnail

Why Employers Are Recognizing the Mental Health of Workers’ Children

Zenefits

This, in turn, can create a healthier home environment as parents have time and energy to decompress and spend time with their children. The Zenefits 2021 Benefits Benchmark Report. People Operations Guide and Checklist for Employee Well-being. Expanding the team to reduce the workload can help parents reduce stress.