Rebuilding morale after turnaround is as important as restoring return on investment.

Question

Quizplus · Accepted Answer

After a turnaround, it is important to not only restore financial performance but also to rebuild morale among employees. A demoralized workforce can lead to decreased productivity, low quality work, and high turnover rates. Restoring morale can help improve employee engagement, job satisfaction, and overall company culture, which can ultimately lead to sustained success and profitability.

Rebuilding Morale After Turnaround Is as Important as Restoring Return