Posts

Business Politics Impacts – Cost of Employee Productivity Loss

StrategyDriven Business Politics Impacts Article | Business Politics Impacts – Cost of Employee Productivity LossUnseen millions are lost by companies every year; the result of employees withholding the full commitment of their physical, intellectual, and emotional contributions. Surveys conducted by the Gallup Organization identified an 18 percent difference in productivity between the best and worst performing companies.1 Yet, as we shall explain, even the best performing companies have room for improvement.


Hi there! Gain access to this article with a StrategyDriven Insights Library – Total Access subscription or buy access to the article itself.

Subscribe to the StrategyDriven Insights Library

Sign-up now for your StrategyDriven Insights Library – Total Access subscription for as low as $15 / month (paid annually).

Not sure? Click here to learn more.

Buy the Article

Don’t need a subscription? Buy access to Business Politics Impacts – Cost of Employee Productivity Loss and gain access to it and the accompanying tool for just $2!

3 Ways to Safeguard the Wellbeing and Productivity of Your Staff

StrategyDriven Talent Management Article | 3 Ways to Safeguard the Wellbeing and Productivity of Your Staff | Manage Staff
 
As a business owner, you will almost certainly come to the point of needing to manage staff — assuming you aren’t there already. Though many businesses are born as single-person startups in the solopreneur-spirit, growth invariably brings with it the need for outsourcing of responsibilities.

Of course, managing staff is not necessarily a straightforward and pain-free matter. Unscrupulous and demotivated workers can cost you money, and excessive gossip and office politics can sour the entire nature of your business and reduce teamwork and joint productivity.

Among the many requirements of good team management is the ability to safeguard the wellbeing and productivity of your staff. Here are a few strategy suggestions for doing just that.

Allow them a degree of flexibility in terms of working hours and physical location

It’s a fairly well-agreed-upon idea that employees tend to work better, and be more invested in the overall success and wellbeing of the company at large, when they feel that they are being treated with a degree of respect and consideration by their employers.

The traditional office dynamic of arriving at a certain time each day, and clocking off at a certain time each afternoon, is still very much in place as a rule, but is starting to soften significantly, with many businesses allowing for flexible hours and remote working arrangements.

Incentivise your customers to work more diligently, and enjoy their work more, by allowing them a degree of flexibility over their time and location. This could mean allowing them to clock off for the day whenever they want, as long as they meet their targets. Or it could mean allowing them to work from home for a couple of days a week.

Sponsor them for training and educational courses and programs

Investing in your employees via sending or sponsoring them for training and certifications not only helps to improve their professional portfolio, thereby enhancing their well-being, but it also makes them more directly useful for you, as their employer — that is, assuming you run your business in such a way that people don’t want to flee as soon as they have other options available.

It might be that you’re flush with resources and can sign some of your senior people up for an online MBA, or it might be that you see the benefit in putting the whole office through first aid training.

In any event, supporting your staff with this kind of training can be a great way of boosting wellbeing and productivity.

Find ways to grant your staff a greater sense of meaning during the day — such as by empowering them to work on some of their own projects, some of the time

In recent times, many high-flying companies have famously opted to give their staff a greater sense of meaning and freedom during the day, by allocating a certain amount of their working time to personal projects.

This has been particularly prevalent in the tech industry, with Google famously having followed such a policy. The upshot of doing this is that your staff feel that their own creative impulses are better represented by the company, and that they have more breathing room to do meaningful — not just obligatory — work.

Enhance Leadership Qualities Of Managers At Work

StrategyDriven Management and Leadership Article | Leadership QualitiesAt the managerial position, leadership qualities are extremely essential because managers are in charge of building and leading a good team. Managing a team and making them work towards a common goal, comes with a lot of challenges and these challenges require good leadership skills to overcome.

While some people are born with great leadership skills, they still need training on how to showcase and execute these skills. So, it becomes very important to have regular training for managers at work, to keep their leadership skills fresh and growing. Workplace is a dynamic space, so it’s important that managers are given regular training to enhance their leadership qualities from time to time.

Here are some activities which can be conducted to enhance leadership qualities at work.

1. Resistance Dealing Workshops

Companies should organise workshops by professionals who can throw light on how to tackle resistance at workplace, whether it’s from clients or team members. Managers should be trained how to keep their calm and handle conversations that might be uncomfortable and resistive in nature.

2. Team Building Activities

There are plenty of team building games and activities that can help managers enhance their leadership skills. Organisations should conduct regular corporate events and activities that will get the entire team together for some fun games and activities, which will not only help build a good team, but also help leaders play their role better.

3. Recognition and Appreciation

How should leaders decide which employee deserves recognition and appreciation? Managers should be trained on how to recognise and reward talent and appreciate their employees for their hard work. Managers should be asked to give recognition and rewards to an employee at regular intervals, so that they can understand their team better and push them to do better, hence playing the role of motivating leaders.

4. Creativity Workshops

This is a great exercise for teams and their leaders. Creativity always makes way for better ideas at work. Everybody needs a push to get their creativity flowing. Conducting workshops, games and activities that would stimulate creativity can help leaders and their teams in enhancing their creativity and increasing their work productivity.

5. Sharing Tips

The best way to get new tips on effective leadership is to hear it straight from other leaders. Conduct a forum where leaders of different teams get together and share their leadership experiences. They can share instances of tough leadership challenges and decisions. This would give insight and helpful tips to other managers of the same organisation on how to deal with similar situations.

6. Coaching

There are many coaches who are experts in leadership building. Bringing in a leadership coach for some one-on-one lessons in leadership can give managers some great teachings about leadership. This will also give managers the chance to discuss specific instances of leadership with their coaches and enhance their skills.

7. Dreams Of The Leaders

Leaders spend most of their professional lives making the dreams of their employees come true, forgetting that they have dreams too, buried under the pile of emails. Companies should encourage leaders to dream of their growth too. This would boost their confidence, motivate them to do better and grow. Companies should hold events where they discuss and motivate the leaders of the organisation to dream big and work towards their personal and professional future.

Conclusion

It’s important to motivate team members to work together and work better, similarly it’s important to motivate team leaders to lead better and lead more. Leaders need to grow as well to build better and lead bigger teams. This is extremely important for companies that want their leaders to progress and grow in their company. Investing in leadership skills of managers will ensure better teams which will ultimately lead to better work productivity.

Effective Ways to Get the Best from Your Employees

StrategyDriven Talent Management ArticleIn the world of modern business, any way that you can get ahead of your competition and make your business more efficient is worth it. In order to make these gains there are several things you need to do. However, the main one is ensuring that your employees are on board and working together towards the same goal. Even though your workers are a group of individuals, there are ways you can get them working together effectively. Here are some effective ways that you can get the best out of your employees.

Make Productivity a Central Issue

If you ask your employees to work harder, the majority of them will probably comply. However, not all of them will, and this might be because there is no general work ethic to work harder or longer. To get the best from your employees, you need to make productivity one of the central core values of your business:

  • Create a mission statement that sets out in detail everything that your company needs to do and is expected from your workforce.
  • Put this mission statement at the heart of your company and show it to any potential employees. That way when they come for an interview, they will have no doubt what’s expected from them.

Reward Innovation and Efficiency

Many businesses have a mixture of talented people, some of them might not necessarily be doing jobs that they were initially trained for or that they have the qualifications for. These hidden talents can be the best way forward for your company as they could be used to innovate your business and provide efficiency. To find these hidden gems try and encourage work-related competition to find new ways of working and new ideas. As an added incentive you can offer a reward for the best idea and allow the employee who came up with the idea the opportunity to work with the team to implement it.

Make Training Effective

Effective training is more than simply teaching your employees what to do; it also enables them to work to the same objectives and to create a consistent product. Good training also helps your employees feel valued and allows them to have a degree of autonomy. You also need to ensure that you are giving your workers the most up-to-date training possible. You can read more here about some of the more important training that they should be getting as a matter of routine. How you deliver the training is as important as the content itself, it needs to be fun and interactive to capture your worker’s imagination and stop them from tuning out.

Have Clear Rules in Place

People generally find discipline a lot easier to deal with when there are parameters clearly set. You need to ensure that your rules are detailed, and any consequences are clearly laid out. For example, if you have within the rules that workers are allowed to make phone calls but only during their lunch hour, then they will understand that this is the appropriate time. You also have to lay out what will happen should they make calls outside this time period.

Make the Environment Healthy

There have been many studies which have shown just how much of an impact the location and condition of an employee’s environment can have on their performance. After all, you are asking your workers to spend several hours a day in one location. For that to work effectively, you need to have an environment that is comfortable and meets their needs. For example, is there a kitchen area or a rest space where they can have lunch and take their breaks? Is there adequate heating and cooling to keep the temperature within the office or the work area within reasonable limits? The variables can have an impact not only on your worker’s mood but also on their productivity.

Maintain Morale

An important factor in having a happy workforce is morale, if your workers are unhappy or if there are problems in the office then this can quickly lead to unhappiness and lack of enthusiasm. To counteract this, you need to keep your eye on team morale and also make sure that you are in tune with what your workers want and need. In some cases, this might even mean dealing with individuals who are upsetting the balance within your workforce.

Encourage Feedback

With many companies, their bosses will often ask for their employee’s opinions at interview and perhaps even when they leave their job, but it can actually be of more value if they continually asked their opinion while they’re working. Some bosses confuse this with giving their employees too much power, however, the exact opposite is true. If you are concerned about your employee’s welfare and about the way they’re working you can encourage a great deal of respect and loyalty within your workforce. This loyalty not only ensures that you retain good staff, but it also helps to encourage other high-quality staff to your company by word of mouth.

Hire from Within

Even the most patient employees will soon decide to move on if they feel that their job is going nowhere. You might also encourage people to leave if they are being regularly overtaken by workers below them or bringing in new workers to take jobs above them. Filling vacancies from within your existing staff is a good way to maintain a high level of experience. You also negate the issue of staff getting to know them and understanding the type of personality they are. Some bosses feel that this can promote jealousy amongst staff however if you are giving all the staff an equal opportunity then there should be less of a problem.

Your workers are the most important part of your business besides your customers. For that reason, it is vital that you ensure you get the best from them and you keep them happy and healthy. If you can do this then you will have a workforce that is loyal, enthusiastic, and willing to take on additional work if the business requires it.

3 Ways of Taking Better Care of Your Team

As a business owner, it’s up to you to make sure that your employees thrive. Without them, your business would certainly not be where it is today – and, unless you take proper care of them, you might see them move elsewhere.

They could end up with one of your competitors instead, for example, which ensures them the kind of success that you could have enjoyed.

That’s why the best of kind of business owners focus on taking care of what really matters: their human resources. Here is a handful of ways on how you can do exactly this and be a great leader and boss for your team.

StrategyDriven Talent Management Article
 
#1 Be available

Being a great boss means that you’re not going out of your way to stay above your employees. If you’d prefer not to be liked by your team, however, this is probably the best way to go. Well-liked leaders know that getting to know them and being friendly means that they’re going to feel a bit more appreciated and liked.

Plus, it’s a good rule-of-thumb, in any way, if you want to be liked as a person in general.

Although business owners and managers usually have a lot to do, it’s actually all about the little things. Being available doesn’t mean that you constantly have to attend to their needs and keep an open door; it just means that you should try to stop for a chat every now and then.

Besides, everybody knows that the best kind of ideas and the most insightful conversations happen around the coffee machine these days. Chat with your team, talk about what they’re up to, and take an interest in their personal lives as well – that way, you won’t just be a well-liked manager, you’ll also be the go-to person for gossip around the office.

#2 Encourage learning on the job

While some people join your team and think they already know everything there is to know, others are aware that they should try to continue to learn. These are the people you should pay a bit of extra attention to as they might be very valuable to your company.

First of all, they’re showing motivation and drive by wanting to learn more – and, secondly, the knowledge they soak up will help your company to thrive and prosper as well. It’s not always that easy for employees to know where to start, though, and even if they mention that they’d like to learn a bit more, they might not know how to do it.

This is where your great management skills come in. Give them the tools to learn and they will definitely grab the opportunity if they’re serious about furthering their knowledge.

StrategyDriven Talent Management Article
 
There are many ways to do this, though, and it all depends on what they need to learn. If you’re taking onboard new employees or launching a whole new branch, it could be a good idea to get in touch with a virtual reality studio so that they get an in-depth understand of what their new surroundings will be like.

This is an investment that will continue to benefit you, by the way, as you can use the virtual reality video to introduce every new employee on your team. That way, they’re going to be properly informed by the time they start working – and you save both time and money on having to train them.

Another benefit to this is that you might get better results from them, in the beginning, than you would have had without the video. When they are able to immerse themselves during the training and get a real understanding of what they’re up against, it suddenly won’t feel that overwhelming when they start the job.

On the other hand, you might have a seasoned employee who wants to become a better public speaker or a better leader for their department. Treat your team to a seminar on public speaking, for example, or send them off for a course – their increased knowledge will definitely benefit your company as well.

#3 Reward hard work

Some employers seem to forget that hard work should be rewarded. You don’t have to praise individual employees in front of the whole team, though, rather than treating your entire team to some rewards when they’ve worked well together.

Take them out for a lunch on the company, for example, give them a gift card to show your appreciation, or do something fun together as a team. The idea is that you want to build a team that is strong together while also making sure that their hard work is being noticed.

Teams that are rewarded together tend to stick together as well – and, that way, you won’t have to look for any replacements too often. Think about other ways you can make sure that you’re attending to their needs as well; flexible working hours is proven to boost both productivity and motivation so it should be just what your team needs.

By getting to know them properly and understanding their personal lives as well, you’ll be able to point out who needs these flexible working hours more than others. Working from home is a great way of showing them that you understand how important their lives outside of work is, and they will definitely appreciate you more for it.

Although all of the great things you do for your employees is to make sure that your business continues to prosper, the key to being a good boss is actually to be friendly and empathetic. It might not be your ideal version of a boss, but it is your employees’ ideal version – and, at the end of the day, that’s what really matters.