Excerpt from The Growth and Development of Executives There are few members of management who would not accept in general the reasons for doing something affirmative about the development of personnel. It is easy, however, to neglect this phase of operations, and the same executives who agree in general on, the need for development frequently postpone doing anything about it in the face of what seem to be more urgent operating problems. NO item on the profit and loss statement separately reports and directly reflects ...
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Excerpt from The Growth and Development of Executives There are few members of management who would not accept in general the reasons for doing something affirmative about the development of personnel. It is easy, however, to neglect this phase of operations, and the same executives who agree in general on, the need for development frequently postpone doing anything about it in the face of what seem to be more urgent operating problems. NO item on the profit and loss statement separately reports and directly reflects the cost of inadequate attention to the development of people. And rarely are Special control reports prepared which isolate and define the cost of employing personnel and then losing them after Six months or a year. In some companies efforts have been made to estimate this cost, but usually this task is undertaken only when the turnover problem has become SO acute that management action must be taken. Also, it is not practical or possible to measure in dollars and cents the cost of not realizing the full potential of existing employees in the organization. Sometimes such cost is reflected in bad morale poor Spirit but these are certainly intangible qualities, and complex relationships with other company policies are involved. The lack, however, of tangible and concrete cost data does not lessen the desirability of fully developing the Skills and capacities of a company's employees. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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