Think Investment, Not Expenseby Dr. Ron Arndt
Most business owners and Dental CEOs consider employee costs as a massive expense. They are always looking to minimize that.
Having an MBA, I understand that you want to manage your largest line item in your financial statement. Yet, I don’t want you to be shortsighted in your investment in high quality, long-term, loyal employees.
Money spent on employees will be returned to you–with interest–when you make wise strategic decisions.
Your reward? Your ROI?
- increased job satisfaction among employees
- higher productivity
- lower overhead costs
- increased retention
- elevated customer satisfaction
Did I mention higher profits to the practice?