Regardless of your dealership size, location, or processes, mastering talent management practices is the key to unlocking the true potential of your organization.
Chris May explains that most challenges dealers face today can be traced back to an original issue with talent. If you are a dealer looking to maximize profits, consider looking over your costs of turnover...the story usually tells itself.
It can be a dealer’s biggest expense with estimates ranging from 10k to upwards of 50k, per associate! Keep that in mind as it is an important fact to consider when discussing your talent optimization plan.
Associate disengagement is an opportunity for improvement at many dealerships. In this video, we identify the 4 factors of disengagement and how they can lead to more frequent associate turnover and more money coming out of your pockets. Kevin Hull walks us through the research and science-behind turnover and what you can do to counter it.