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I am often asked the difference between strategies, tactics, and operational decisions. Differentiating between these three types of actions is very important for running a business successfully.
Strategy Succession Advisory-boards HR
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In December 1974 I was working as a waiter at le Castillion Restaurant in The Bonaventure Hotel, in downtown Montreal. At the time, le Castillion was one of the top restaurants in the city. Smoked salmon was cut and served at the table, Caesar salad prepared and tossed in front of dining customers, violinists serenaded patrons to celebrate their special occasions, and Cuban cigars available—to provide a special finale to a unique gastronomic experience.
- Hugh Latif
Employee Motivation by Recognition
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My parents taught me the importance of saying “thank you.” They passed the importance of appreciation along to me. Recently, when I read about a 2012 research study “Turning Thank You into Performance,” I thought how amused my parents would be to hear that “thank you” is now credited as one of the keys to corporate success! The study found that companies that provide ample employee recognition and appreciation have 31% lower voluntary turnover rates than companies that don’t.