Connect with us

Business

The Competitive Advantage of an Offboarding Program

Published

on

Economist leaving office. Handsome economist leaving the office taking his box with different things-ss-featured

RELATED: US Unemployment Benefits Claims Fall To Lowest Number

Competitive Advantage of an Offboarding Program

Alison Dachner, a management professor at John Carroll University, and Erin Makarius, a management professor at the University of Akron, said that an organization can become more competitive by implementing a stronger offboarding process. Their research shows that similar to the way universities maintain alumni networks, an offboarding strategy keeps former employees networked, which leads to more employee referrals, new business, expert consulting, or even re-employment. Dachner and Makarius wrote the HBR article “Turn Departing Employees into Loyal Alumni.”

Listen Also To: Should Traffic Lights Be Abolished?

You Might Also Like:

Keep up to date with the latest finance news by following us on Facebook and Instagram.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2023 The Capitalist. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

wpChatIcon

Is THE newsletter for…

INVESTORS TRADERS OWNERS

Stay up-to-date with the latest kick-ass interviews, podcasts, and more as we cover a wide range of topics, in the world of finance and technology. Don't miss out on our exclusive content featuring expert opinions and market insights delivered to your inbox 100% FREE!