TITLE

Bad Bosses Are Not a Good Thing

AUTHOR(S)
Marshall, Jeffrey; Heffes, Ellen M.
PUB. DATE
July 2004
SOURCE
Financial Executive;Jul/Aug2004, Vol. 20 Issue 5, p10
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article discusses problematic bosses. Bad bosses often prompt managers to look for employment elsewhere. 71 percent of respondents completing a survey on Badbossology.com said they were looking for a new job due to problems with their current boss. Web site co-founder Gary Lahey, asserts that executives should be attentive to building and maintaining a culture which protects people from bad bosses and reward good bosses. The cost of turnover is significant to both companies and employees who leave them. A survey of over one million employees found that if a company is losing good employees the cause is typically their immediate supervisor. The survey also reports that poorly managed workgroups are 50 percent less productive and 44 percent less profitable than well-managed groups.
ACCESSION #
13773967

 

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