Consumers aren’t the only ones who may be overspending their bank accounts. A growing body of research from our sister program for Corporate Communicators (CEC) suggests that repeated organizational shuffling across the past few years may have exhausted the “Engagement Capital” many business leaders have to work with (think of engagement capital as the degree of optimism an employee holds about past, present, and future events at their company).
Simply put, many of us are pushing internal changes through on disgruntled workforces that no longer have the stomach for it. We are morale-ly bankrupt.
Here are some of the facts…
First, more than half of our reps have probably experienced multiple, major changes in the past year – such as a new manager, a different role, a merger with another company, a new sales process, or a restructured team. (This doesn’t even account for smaller changes. For example, 81% of organizations we recently polled changed their QA scorecards at least twice last year!)
Second, these changes are stressful, and stress costs money. In fact, more than 60% of employees say that their level of workplace stress has increased in the past two years, and this may be creating an overall drag of as much as 9% on performance.
But why is the stress of change having such a debilitating impact? After all, change happens right? Staff should be able to deal with it. But it turns out that it’s not so much the magnitude, but rather the frequency of change that is a problem. Read More »







In unstable economic times, it has become especially important for financial services companies to focus more attention on serving their customers.
