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Empowering Employees for Business Success
This chapter emphasizes the critical role of employee engagement in strategic planning within advisory businesses, showcasing how involving staff in decision-making can lead to enhanced productivity and profitability. It presents findings from a study that links employee involvement to higher EBIT metrics, underscoring the importance of organizational culture in driving retention and morale. The discussion also explores strategies for recognizing and compensating employees fairly, highlighting how a positive workplace culture fosters long-term success.