Podcast
Questions and Answers
What were the key challenges faced by KIA Motors UK in 2006-2007?
What were the key challenges faced by KIA Motors UK in 2006-2007?
Rapidly falling sales, increased financial losses, low levels of employee engagement, and a high employee turnover rate of 31%.
What was the estimated cost to KIA Motors UK due to the 31% employee turnover rate in 2006?
What was the estimated cost to KIA Motors UK due to the 31% employee turnover rate in 2006?
Approximately 600,000 British pounds (about $1 million).
What was the primary objective of KIA Motors UK's new HR strategy?
What was the primary objective of KIA Motors UK's new HR strategy?
The primary objective of the new HR strategy was to reduce employee turnover employment costs by at least 10% per year.
How did KIA Motors UK plan to improve internal communications?
How did KIA Motors UK plan to improve internal communications?
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What kind of leadership development program was implemented by KIA Motors UK?
What kind of leadership development program was implemented by KIA Motors UK?
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How did KIA Motors UK recognize outstanding employees?
How did KIA Motors UK recognize outstanding employees?
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What was the estimated direct cost to KIA Motors UK from the 31% employee turnover rate in 2006?
What was the estimated direct cost to KIA Motors UK from the 31% employee turnover rate in 2006?
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What was the main aim of KIA's parent company's strategy for future growth?
What was the main aim of KIA's parent company's strategy for future growth?
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What did KIA Motors UK do to support the parent company's strategy of raising competencies as a global maker?
What did KIA Motors UK do to support the parent company's strategy of raising competencies as a global maker?
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How did KIA Motors UK plan to improve managers' skills and assess the effectiveness of their new skills?
How did KIA Motors UK plan to improve managers' skills and assess the effectiveness of their new skills?
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