Case Studies
Building a Loyal and Prosperous Workforce
La-Z-Boy Inc. is an international company with major distribution throughout North America and annual revenues in excess of $2.3 billion per year. The Phoenix proprietary operation consists of six stores in the Phoenix area with an employee roster of approximately 140+ employees, including 6 store managers and 40 to 60 sales associates. The company prides itself on establishing trust and rapport with customers and building long-term repeat-buyer relationships.
By utilizing the Predictive Index as a leadership tool, the company identified the strengths and challenges of its current employees and were able to place a number of employees in positions better utilizing their abilities. As a result, the employee turnover rate at La-Z-Boy Furniture Galleries, Phoenix, improved 30 to 40 percent.
Serving Up an Effective Workforce and Cost Savings
Building a Strong Leadership Team Maintains a Tradition of Excellence
Finding & Retaining The Right Sales People
Founded in 1930 by Benjamin Cohen, Benco Dental sells supplies, equipment, and practice consulting to dentists throughout the U.S. Benco has 850 employees in Wilkes Barre, Pennsylvania, as well as in New
England, the South, and the Midwest. By using PI turnover rates have declined by 18%, saving the company over a half million dollars in the costs of hiring, wages, and productivity.
Strong Job Fits Results In 75% Reduction In Turnover
Since bringing PI into the bank in 2004, the results are outstanding. By getting the right people in the right jobs they have been able to accomplish more with less.
During this short time period:
- Bank assets have increased from $150 million to $200 million
- Staff size was reduced by 30%, from 107 in 2003 to 75 employees in 2006
- Turnover was reduced by 75% to an industry low of 25%-a far cry from the rate of 100% in 2003.