CFOs could save trillions annually by cutting turnover from toxic workplaces, while boosting engagement adds billions to the bottom line. The speaker argues leaders need genuine commitment to culture, not just spreadsheets, to capture these savings.
So for CFOs who are, you know, grouchy about these ideas, companies can save trillions of dollars, you know, aggregate, in a year just from decreasing turnover due to people leaving because of toxic workplaces. They can increase the bottom line by billions of dollars by increasing engagement. And so the dollars and cents are really there. And I think the bigger thing that a CFO might need to stay to take a step back and think about is why did you decide that you wanted to lead? And often the dollars and cents, we know that there are so many things in companies that make the company money, and yet people don't do them. Why don't they do them? Because they're not heart committed to those things.
Reducing Regrettable Attrition in Organizations by Fixing the System, Not the People Reducing Regret
