Im not the first corporate leader to argue that people are the most important asset of any company. Get the people right, and they will build success with anything you give them. CEOs have spent years analyzing the perfect formula to drive innovation, passion, performance and ultimately revenue throughout the corporate ranks, yet a recent Gallup survey found that a whopping 87% of employees are not actively engaged in their jobs.
CEOs have spent years analyzing the perfect formula to drive innovation, passion, performance and ultimately revenue throughout the corporate ranks, yet a recent Gallup survey found that a whopping 87% of employees are not actively engaged in their jobs. Similarly, fewer than half of respondents to a study by Altimeter Group indicate that their employers have any kind of employee engagement and advocacy strategy.
Recognize and celebrate when goals are met on a company-wide, team and individual level. Recognizing wins is an empowering motivator to maintain excellence year round, even during the most challenging times.
Goal setting ties your employees’ personal development and success to that of the company. A shared vision will act as a clear catalyst for team spirit. When a group of people fully commit to a common goal, it’s incredible what can be accomplished.
People are happiest and most productive doing what they do well naturally. Working with the unique skills and personalities of your employees can yield higher performance and engagement. Demanding an introverted employee to constantly collaborate or asking a highly process-oriented employee to work without structure is a losing battle for both the employee and the company.
Building on the positive versus focusing on “areas for improvement” often requires a major cultural shift, but it can deliver bottom-line value. Managing by finding fault and highlighting weaknesses is not only ineffective, it can be counterproductive. In fact, Gallup research shows that “strengths-based leadership” improves employee engagement by 64%, compared to a deficit-focused approach.
Show confidence in your employees in ways large and small, from communal input on office design to asking employees to set their own goals/rewards or entrusting them to complete a project using their own approach. More often than not, people will rise to the occasion when given the authority -– and trust -– to do things their own way.
A positive company culture with an engaged team fuels innovation and resilience. There are exponential long-term benefits to investing in a culture that caters to individual strengths and develops employees into future leaders. Motivate, involve, trust and enjoy your employees, and they will give you their best work in return. Read more…