Employee Relations

11 Important Things To Remember When Creating Your Employee Development Program

11 Important Things To Remember When Creating Your Employee Development Program

The most important asset any company has is its people. Like any other business resource, you must invest the proper time and money into developing your employees and helping them grow. Otherwise, they will stagnate and stop producing quality work -- and eventually, they'll leave your organization for another that will give them what they need.

Good employee development programs require more than an annual "training day" or a few workshops throughout the year. Your business must continually nurture its existing talent through a variety of tactics and strategies. 11 members of Forbes Coaches Council share their best advice for creating strong, effective employee development initiatives...

11 Lessons About Leadership Transition We Can Learn From Retirement

11 Lessons About Leadership Transition We Can Learn From Retirement

In mid-October, American Express announced the retirement of its CEO, Kenneth Chenault, who has served in his role for the last 16 of his nearly 37 years at the company. Although the financial services giant has been grooming its incoming CEO, vice chairman Stephen Squeri, for the last two years, this will undoubtedly be a time of great change for all American Express employees.

Forbes Coaches Council members pulled some of the most important lessons Chenault's departure can teach leaders about leadership and transition, and what you can do now to ensure a plan is in place...