If you are not a strong leader who is prepared to make tough decisions in order to keep your business on track, there are potentially a lot of problems awaiting you in the future.
As can be seen in the infographic below, a lot of business success rides upon the success or failures of its leadership.
A company with bad leadership is also unable to retain key staff. According to the infographic, a staggering 73% of people have left their jobs as a result of poor leaders.
But what can a leader do to keep staff happy? Well, apparently 77% of them would just like more recognition for what they do. Some of the ideas suggested by the infographic include perhaps developing an employee recognition program or to start valuing employees more as people instead of just employees.
What do you do to inspire loyalty among your employees? Let us know in the comments section.