Neglect development of your staff at your own risk

A recent research study of over 300 organizations by Watson Wyatt, a leading global human resources consulting firm, shows that establishing a balance between workforce cost management and attraction and retention of top talent is the most important challenge to an organization's future success. The study also shows that the workforce is the most significant factor in revenue generation and cost control. Professional development tips that have been offered by the leaders of effective companies across the country are discussed. The tips include: 1. Make professional growth a priority. 2. Remove the obstacles. 3. Set an example. 4. Give recognition. 5. Increase retention efforts and attract new talent.