Issue link: https://nebusinessmedia.uberflip.com/i/1352077
V O L . X X V I I N O. V I M A R C H 2 2 , 2 0 2 1 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Camden Dermatology & Mohs Surgery in Rockport opened a location at 144 U.S. Route 1 in Scarborough. The MDI Biological Laboratory in Bar Harbor announced that it will collaborate with the Maine Center for Disease Control and Prevention, an office of the Maine Department of Health and Human Services, on program to improve access to safe drinking water in Maine. The five-year Science Education Partnership Award program, which involves schools in Maine and New Hampshire, is funded through a $1.2 million award to the lab from the National Institute of General Medical Sciences, an institute of the National Institutes of Health. The Maine Community Foundation in Ellsworth said it passed the $500 million mark in grants awarded since it was founded 38 years ago. Northern Light Eastern Maine Medical Center in Bangor received an $11,000 grant from Good Shepherd Food Bank to help address food insecurity. Solution Focused. Client Focused. Value Focused. Complex problems require smart solutions. At Jensen Baird, our goal is to offer legal guidance that helps clients with the problems they face today and avoid the problems they may face tomorrow. This is how we build partnerships that endure. 207.775.7271 • 800.756.1166 jensenbaird.com Portland / Kennebunk We're dedicated to understanding your business As professional wealth managers, our bottom line is met when our clients achieve their long-term financial goals. Yet, we also believe our clients should enjoy the two priceless assets that flow from wise financial management: peace of mind and confidence in the future. Asset Management Retirement Planning 401(k) Advisory Tax Services Estate Planning www.vancegray.com 1-888-992-2819 A S K AC E Answered by Tom Renehan, executive coach and leadership expert The Association for Consulting Expertise (ACE) is a non-profit association of independent consultants who value "Success through Collaboration." The public is welcome to attend its regular meetings to share best practices and engage with industry experts. For more information go to www.consultexpertise.com. Q: Why should I invest in a professional development program? ACE advises: Many employers base training decisions only on cost. What they do not consider is the cost to the organization if they do not train — and the bulk of that expense can be employee turnover. According to the Bureau of Labor Statistics, the cost to replace a salaried worker is six to nine months of that person's salary plus 16% … for a lower-level worker. A 2014 Gallup Report found as many as 70% of the frontline employees in the United States do not feel engaged in their work, a situation related to their immediate supervisors. The 2019 "Retention Report" by the Work Institute says more than three in four employees who quit could have been retained, and 11% of them left because of manager behavior. Because of this, an ongoing professional development program for all levels is a must in most organizations. The soft skills critical for leadership include building relationships, communi- cation, team dynamics, listening, feedback and self-awareness, just to name a few. Using these skills attends to the needs of your team members and makes them feel valued Other skills, such as recruiting, interview and selection are important in finding the right employees and making good hires. As a result, employees enjoy their work and stay longer. To uncover behaviors that are not working, I often use a Leadership 360 workplace- survey process with clients. Then coaching sessions help my clients improve their lead- ership effectiveness. Tom Renehan, an ACE board member and principal at Yarmouth- based Tom Renehan Coaching and Leadership Development, is a Certified Professional Coach and certified in Leadership Effectiveness 360, an assessment measuring 22 leadership behaviors. He can be reached at tom@tomrenehan.com For more on this topic, see Tom's ACE blog post "Why You Need a Coaching Culture" at consultexpertise.com/ blog/9470305 @ As many as 70% of frontline employees do not feel engaged in their work. N O T E W O R T H Y N O R T H E R N & E A S T E R N N O R T H E R N & E A S T E R N N O T E W O R T H Y M I D C O A S T & D O W N E A S T M I D C O A S T & D O W N E A S T