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Top staff leaves the organization to establish same business, his former workplace fails. Why?

Min George

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I have seen this happen over and over again. When staff of an organization leaves the organization to open the same business within the same vicinity, their former workplace starts declining.

How can that be prevented in a business organization?
 
When employees leave and start similar businesses nearby, organizations risk losing clients. To prevent this, focus on employee satisfaction, career growth, and fair benefits. Implement non compete agreements where legal, and maintain strong customer relationships. A loyal staff and solid brand reputation create a competitive edge, ensuring the business continues thriving even if former employees enter the same market.
 
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