According to a new study, there are 58 ways bosses can tell an employee is thinking about quitting — provided they’re paying attention.
The downside of employee turnover is well documented: Rival firms gain ground when they poach employees, and replacing workers is a costly and time-consuming process. Despite all this knowledge, companies still aren’t great at retention. According to a 2015 report (pdf) from the U.S. Bureau of Labor Statistics, one in every 4.5 employees quits each year.
STRATEGY + BUSINESS
Best Buy Canada School Tech Grant program awards more than $200,000 to secondary schools across Canada
Best Buy Canada is proud to announce the 13 secondary schools, selected from more than 275 applicants, to receive a combined $208,000 in funding for tech-based curriculums through the Best Buy School Tech Grant program. From British Columbia to Newfoundland, the recipient schools will use these grants to give their students access to the latest in computer and digital technology to help keep them motivated and focused as they move towards post-secondary education.
Mobile and online ordering for take-out or delivery is quickly becoming the top area of same-store growth across multiple brands, including Wendy’s, Chipotle and McDonald’s. Because of the growth potential, operators wishing to grow will need to adapt a digital strategy, NPD food industry advisor David Portalatin said in a statement.
It wasn’t long ago that Crocs was a struggling brand. In 2009, an overall negative perception of the brand resulted in declining demand and an increase in inventory, which ultimately forced the company to cut jobs and close production plants. But 2018 was different for the footwear brand, with stocks soaring 105.5% in the last year and a number of celebrity influencers wearing the shoe – who doesn’t love a good comeback? I spoke with CFO Anne Mehlman this month to learn more about the company’s refreshed strategy, its commitment to pivoting around consumer trends and how having the right data makes it all possible.
Technology and its influence in Canadian life was easily the top story of 2018. The Cambridge Analytica scandal kicked off the year; then issues surfaced about Facebook’s lobbying presence in Ottawa. The year rolled on with greater scrutiny of the role of technology in Canadians’ lives: some cast a critical eye on governance around the Sidewalk Labs smart city project on Toronto’s waterfront. Canada got serious about artificial intelligence with further work on the Pan-Canadian AI Strategy. Stories related to Huawei rounded out 2018, with international pressure to ban it from participating in developing Canada’s 5G infrastructures, and the arrest of its CFO, Meng Wanzhou, in Vancouver, on an extradition order from the US.