What if investing in your people delivered a higher ROI than your R&D budget? 🤯 It sounds bold, but the data on strategic employee development, particularly through group coaching, is compelling. This episode explores how focusing on your team's growth can dramatically reduce costs and build a thriving organization.

Meet Francie Jain, founder of Terawatt, a B2B marketplace likened to an "Airbnb for executive coaches." 🏡💼

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Francie believes that thriving communities are built by individuals striving to be their best. Terawatt connects employers with expert coaches, making impactful group education accessible. The core idea? When people are happy, fulfilled, and growing, they're less interested in dominating others and more focused on positive contribution. ✨

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Consider the staggering financial impact: Francie shares a powerful case study of a healthcare organization with a 24% employee turnover rate. By implementing a tailored group coaching program focused on concepts like psychological safety (where employees feel safe to question and contribute), with CEO involvement and an opt-in approach... Their turnover dropped to just 4% over nine years! The financial difference? A mind-blowing $32 MILLION per year saved. 😮 This wasn't from slashing R&D; it was from deeply investing in their people.

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What made this program so successful? A key factor was employee input. Surveying employees to understand their actual needs and what they want to learn leads to far higher engagement and better outcomes than top-down mandated training. It bridges the gap between what leadership thinks is needed and what resonates with the team.

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When you solve major people-problems like high turnover, your company shifts from playing defense (constantly hiring, training, covering gaps) to playing offense. Imagine what your business could do with an extra $32 million annually – new facilities, better compensation, further innovation, more investment in your team. You get to decide your future, not just react to crises.

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The old mindset: "If I train my employees, they'll just leave for a better job." The new reality (especially with Gen Z): Employees expect professional development. If you don't provide it, they'll leave. If you do provide it, they stay longer and become more valuable. Happy, growing employees are far less likely to jump ship for a small pay increase elsewhere. They're invested. ❤️

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Not sure if group coaching is right for your organization? Francie suggests a pilot program. Select a small group, use a control group if possible, survey before and after, and track key organizational metrics. See the impact for yourself. Often, when others see the positive results and the "FOMO" kicks in, engagement snowballs.

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Investing in your team through strategic group coaching isn't just an expense; it's a high-ROI strategy. It builds a happier, more skilled, more loyal workforce, reduces costly turnover, and frees up resources for proactive growth. Build an environment where people and your business can thrive together.

Now What? ➡️

Ready to explore the ROI of people development? Like this video, Comment with your thoughts on group coaching, and Subscribe to Harmonious at Lunch!

Visit the HumanOp Website (https://humanop.com/) to gain instant clarity on fostering a thriving, productive culture within your own organization.

Explore Francie Jain's B2B marketplace for expert coaching:

• Visit Terawatt to see their network of coaches and learn how they facilitate impactful group education: https://terawatt.co/ (You can browse coaches or set up a call!).

Connect with Francie & Terawatt:

• LinkedIn: https://www.linkedin.com/in/franciejain/
• Instagram: https://www.instagram.com/terawattgroups/

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