Page 29 - An Indispensible Resource for Being a Credible Activist

The careful and lawful termination of employees who don’t add value to your
competitive goals
The further training and development of employees who do add value to your
competitive goals
Your own continued professional and leadership development

By not implementing the crucial linchpins of competitive corporate governance, a com-
pany exposes itself to the following costs and liabilities:
Costly turnover
Costly external complaints and lawsuits
Costly regulatory fines
Negative publicity
Declining stock prices, profits, or other forms of financial mismanagement
Unmotivated employees without good citizenship behaviors
TM
Catastrophic Leadership Failure (a concept created by Henry L. Thompson, Ph.D.) 6
Loss of motivated, innovative, critically thinking, emotionally intelligent employees
Keeping employees who are “yes-people,” lazy, unmotivated, not innovative, and
not critical thinkers
Poor employee behavior modeled after poor leadership behavior

12 The H R Toolkit