Investments and Business

A formalized goal-setting process is essential for any organization that wants to define and track business objectives and drive high performance. If you're using the Objectives and Key Results (OKR) goal setting framework, you already understand why goal setting and tracking are so important. (If you're new to OKR, check out our OKR Goal Basics blog for a helpful overview.) In this article, we'll focus on the software side of OKRs and how the right tools can help you facilitate a great goal setting process. Read on to learn more about five characteristics we believe are critical to creating and…

We talk a lot about goals and OKRs at 15Five, because we believe in the value of using a consistent goal-setting framework for high-performing teams. We use OKR internally and embed it into our platform to help keep people, processes and activities across the organization focused on the right priorities. A question we often hear is what role Scrum plays in an OKR process. Are OKR and Scrum similar? What makes them different? Can you do both? In this article, we'll share what you need to know about OKR and Scrum and how an organization can have both processes in…

If you're in the cafeteria sipping shots of espresso this morning because you were up all night worrying about turnover at your company, you're not alone. The latest research from 15Five shows that more than 80% of business leaders believe that a decline in employee retention poses a risk to the success of the company. The Great Upheaval has exhausted many executives and HR leaders, and there isn't enough coffee in the world to solve all the converging talent problems at once. But when an employee leaves the company, is it always a bad thing? What exactly is the difference…

From Apple's revolutionary smartphone to Ford's reinvention of the automobile, human brilliance and dedication is the only way companies achieve amazing things. That's why struggling to retain talented people can drain an organization's potential. We know turnover is expensive, but its costs aren't just financial: They manifest as lost productivity, decreased innovation, weakened team bonds, and reduced agility. As of 2019, American companies were losing a staggering trillions dollars a year turn around. Worse yet, that number may not even capture the true cost of replacing skilled employees. And turnover has only increased with the labor market disruption of the…

Every time your organization loses a great employee, it hurts. Although some unfortunate turnover is inevitable and expected, when too many of those losses start to add up, the entire employee experience can crumble like dominoes. The impact of employee turnover, particularly regrettable turnover—it can be felt throughout the company, from dips in productivity to hurt team morale. In today's competitive talent market, replacing top performers is difficult and expensive, and high turnover is a serious threat to business success. As a strategic HR leader, you've no doubt felt the pressure to increase employee retention. But the reasons behind the…

Nobody stays in the same job forever, that sounds more like an episode of black mirror to fulfill the job! Change at work is inevitable, whether we choose to take advantage of a new opportunity, move to another city, raise children, or eventually retire. That's billing; the rate at which employees leave an organization and are replaced by new people. Low turnover is generally considered desirable. Replacing employees is expensive and all organizations want to keep their best people. But not all turnover is bad, or even avoidable! Today, we'll explain the top 5 types of employee turnover and share…

Four ideas to help today's kids delay gratification By Tim Elmore One of the best decisions my parents ever made was during the summer of my junior year. I begged them to let me go to Bobby Leonard's Sports Camp, a state over and three hours away. I annoyed them enough to convince them that it was a good idea. My parents dropped me off on Sunday and expected to pick me up the following Saturday. The place was beautiful, with baseball fields, basketball courts, and soccer fields. At first it seemed like heaven, but by Monday night I was…

Here are lives at the intersection of fun and scary. One of my companions summed the whole experience up perfectly. He leaned back in his chair at dinner that night, shrimp taco in hand, “These are the kinds of experiences that give something back to you. They show you who you are in a whole new way.” These eight shots crystallize the hard work moms put into keeping their kids alive, happy, and healthy. They might give you the inspiration you need for filling out that card—or stand-alone for your mom’s interpretation.Bob Dyalon At the bottom of the mountain, my legs shaky,…