Leadership in a Competitive Market
The modern business world faces many challenges, but finding the right leader is among the most crucial. A leader who can navigate the organization through a competitive and rapidly changing market is invaluable, but also incredibly difficult to find. A great leader is required to balance revenue generation, maintaining a positive company profit, embracing market changes without incurring internal costs, and keeping the best employees satisfied with competitive pay. To achieve these objectives, it’s crucial for the leader to understand the importance of a loyal and dedicated workforce. High employee turnover, due to the belief that employees are replaceable, can …