Business Challenges ?

The Society for Human Resources management found that 53% to 58% of job applicants misrepresent themselves in resumes and interviews.

Globally, high staff turnover is costing companies billions; the cost of losing a single employee ranges between 25% & 200% of their annual salary depending on the level of work.

Internal theft and dishonesty continues to rise resulting in what has become a the reality in the world of work today

Lying, drug abuse and absenteeism.
The biggest reason for bad hiring decisions is pressure to fill the role without proper process and assessment.
Bad hiring results in a high staff turnover – up to 80%.
Of all new hires, 75% are simply to replace people who leave and not due to expansion.
Non-value adding activities, such as dealing with high levels of disciplinary enquiries and dismissals, take up time that should rather be spent on succession planning and talent mapping.

A Global Retail Theft Barometer Study conducted in 2013 estimated that unethical behaviour cost the global retail industry $128 billion dollars.

Non-compliance of Regulatory requirements such as Anti Money Laundering runs into hundreds of millions annually.

Recent corporate scandals in the motor and banking industries, to name a few, have resulted in share prices hitting the lowest level in three years with settlements running into billions, the full extent of which is not yet known.

Between 30 and 35% of new companies go bankrupt as a result of deviant behaviour by employees and management.

Reputational damage done to the most valuable non-balance sheet item namely “Brand” runs into billions of dollars.

In sport, athletes and Administrators are being banned for life as a result of corruption, fraud, illegal substances and betting.