Coaching and consulting are 'soft' concepts with hard costs and the effects and results tend to be hard to measure.
Every SynRG initiative is focused on ROI - Return On Investment. From the outset, we learn what the problem is costing the company - we know what the processes for change will cost - and we can predict the outcome. We measure our success by your ROI.
Productivity Loss
Key studies demonstrate a real potential for profitability increase within the American economy.
In an ideal world, American employee productivity would be 85% and efficiency would be over 70%.
But in our business world today, we fall a little short:
- The Gallup Organization projects that our economy operates at 30% efficiency.
- Proudfoot International released a study that puts American employee productivity at 60%.
Society for Human Resource Management Productivity Poll respondents listed poor management as the #1 cause of low productivity.
A company of 100 employees that has an annual payroll of approximately $3 million. An increase in productivity of just 10% adds $300K.
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Process
|
Cost |
|

|
Executive Planning Strategy
Leadership Development
Mid-Level Time Strategies |
$15K
$15K
$20K
|
Run the numbers --
|
(Increased Productivity - Rx Cost)
|
* 100 |
= |
ESTIMATED
|
|
Rx Cost
|
|
|
ROI
|
| |
|
|
|
|
$300K - $50K
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|
|
|
|
$50K
|
* 100
|
= |
500%
|
Employee Turnover
According to the Bureau of Labor Statistics, the average annual voluntary turnover for 2005 (based on April through September) was 22.8%.
The average cost of turnover for a single $8/hour employee is $7,500.
A company of 100 employees that reduced annual turnover by 30% (or 7 employees) would save $52.5K.
| |
Process |
Cost |
|
|
DISC when hiring new employees
Leadership Communication
|
$5K
$10K
|
Run the numbers --
|
(Reduced Expense - Rx Cost)
|
* 100 |
= |
ESTIMATED
|
|
Rx Cost
|
|
|
ROI
|
| |
|
|
|
|
$52.5K - $50K
|
|
|
|
|
$50K
|
* 100
|
= |
250%
|
Poor Internal Communication
According to Business Credit Magazine, up to 14% of the average workweek is lost due to poor communication.
A company of 100 employees ($3 million payroll) that reduced that loss by 25% realizes a return in productivity of $105K.
| |
Process |
Cost |
|

|
Communication Workshops for Leaders
|
$15K
|
Run the numbers --
|
(Reduced Expense - Rx Cost)
|
* 100 |
= |
ESTIMATED
|
|
Rx Cost
|
|
|
ROI
|
| |
|
|
|
|
$105K- $15K
|
* 100
|
= |
600%
|
|
$15K
|
|
|
|