Are CEOs spinning their wheels in providing the employee-focused workplace?
SHERMAN OAKS, Calif., Sept. 12, 2007 — Here’s a secret that successful CEOs know: Their employees – not their company’s products or services – are their most valuable assets. That’s why these business leaders feel like they’re spinning their wheels when they put their workers’ needs first, creating an employee-focused company, only to struggle with long-term retention. The issue here is that employees simply aren’t as loyal to their companies as in the past, according to the 2007 Management Action Programs (MAP) Quarterly CEO Survey conducted by Vantage Research. And clearly, this presents a quandary for CEOs who invest time, money and emotional energy into building and managing the employee-focused workplace. “Most CEOs believe their companies are currently geared much more toward employees than they were 10 years ago, particularly in providing enhanced benefits such as supportive working environments, flexible hours and telecommuting,” says Allan Hauptfeld, principal of Vantage Rese
