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Full-Text Articles in Business

Successful Talent Management Strategies Business Leaders Use To Improve Succession Planning, Louai Damer Jan 2020

Successful Talent Management Strategies Business Leaders Use To Improve Succession Planning, Louai Damer

Walden Dissertations and Doctoral Studies

Surveys on organizational training and development expenditures in the United States showed a total spend of $83 billion in 2019; however, 40% of new leaders still fail in the first 18 months. Managers need to devote attention to improve talent development programs since employees who receive talent training in organizations are 75% more likely to succeed in senior positions and future leadership roles. Grounded in transformational leadership theory, the purpose of this multiple case study was to explore successful talent development strategies that support succession planning. The participants were 6 business leaders holding different corporate positions such as managing directors, …


Strategies To Reduce Voluntary Employee Turnover, Patricia M. Alexander Jan 2020

Strategies To Reduce Voluntary Employee Turnover, Patricia M. Alexander

Walden Dissertations and Doctoral Studies

High voluntary turnover negatively impacts an organization's profits, resulting in high expenses for businesses. The findings contribute to practical ways for small business leaders to maintain long-term employees, minimize operational costs, and enhance local economic stability. Grounded in the concept of transformational leadership theory, the purpose of this qualitative multiple case study was to explore the strategies small business leaders use to reduce voluntary employee turnover. The participants comprised 5 private industry leaders in the state of Virginia, who were successful in reducing voluntary employee turnover. Data collected through semistructured face-to-face interviews and analysis of company documents. Based on Yin's …


Relationship Between Transformational Leadership Style And Financial Sustainability, Tameika R. Campbell Jan 2020

Relationship Between Transformational Leadership Style And Financial Sustainability, Tameika R. Campbell

Walden Dissertations and Doctoral Studies

Only 50% of the U.S. small businesses opened in 2011 were able to maintain financial sustainability. Small business owners struggle with identifying the type of leadership style needed to increase financial sustainability. Grounded in the transformational leadership theory, the purpose of this correlational study was to examine the relationship between idealized influence, inspirational motivation, intellectual stimulation, individualized consideration, and financial sustainability. The participants consisted of 76 small business owners located in Arkansas, California, Louisiana, Maryland, Texas, and Virginia. The business owners completed a survey containing the Multifactor Leadership Questionnaire and the Financial Capability Scale. The data were analyzed using multiple …


Strategies Nurse Managers Use To Increase Registered Nurses Retention, Andrew Sobers Jan 2020

Strategies Nurse Managers Use To Increase Registered Nurses Retention, Andrew Sobers

Walden Dissertations and Doctoral Studies

AbstractRegistered nurse (RN) turnover significantly impacts organizational profitability and performance. The turnover of nurses also impacts business practices as it may disrupt the organization's ability to properly staff and provide efficient patient care. Further, nurse managers inability to retain RNs may result in problems such as loss of productivity and increased personnel costs. Guided by Burn's transformational leadership theory and Homan's social exchange theory, the purpose of this qualitative single case study was to explore the strategies that nurse managers use to increase RN retention. Participants were 6 nurse managers from Boston, Massachusetts who implemented RN retention strategies in their …