Today, I want to get us thinking about return on investment (ROI). To do so I will ask a few simple questions then you can answer for yourself and your organizations.
1. What is it worth to ensure your people are in the right role, working on the right things?
2. What is the value of you making sure you are alive and full of energy and motivation for the role you are in?
3. What is it worth to your organization to make sure you are hiring the very best people for the season you are in?
Return on Investment is simple. Divide what you have received by what it costs. Very few take the time to find the ROI. When you do you will spend more in the right way.
At GiANT we are focusing on this in the way we handle our marketing initiatives. I have also been looking at our ROI in our new hiring plans. I would ask you to do the same with your people and their leadership. It’s worth it.
One last thought…
Take this idea home. What is the ROI of spending more time with your kids? Or your spouse? How can you think about investment more strategically in these areas of your life as well? (Hint: It’s usually the best ROI you can get!)
