Articles
Study on Managing Employee Performance
A study by the Aberdeen group reported some fascinating findings that should lead proactive business leaders to look more deeply at the satisfaction and engagement levels of their employees. The top 20% of the companies in the study improved emoployee satisfaction by 22% and employee performance by 21%. The median companies improved satisfaction by 1.5% and employee performance by 3.7%. The bottom 30% decreased employee satisfaction by 16% and decreased employee performance by 3.2% The results are very clear; want to improve performance, improve employee satisfaction and engagement.
How to Build Your Pool of Potential Business Leaders
Earlier we had talked about how businesses can benefit from cultivating their own leaders. There is no doubt that much can be said for molding managers from your existing employee pool. Many companies do want to promote from within, fully understanding the benefits of internal growth opportunities, but not all businesses understand how to develop a system for doing so. In this article I will discuss how your business can begin developing a system for internal growth and how to avoid common pitfalls that you may come across while doing so. Not All Employees Are Created Equal The first thing [...]
Where Are Your Company’s Leaders Coming From?
Any business owner or CEO knows that their company's leaders are crucial to the success of their business. Poor leaders equate to poor employee satisfaction and, as a result, poor performance. It is no secret that poor performance has a direct impact on your business's bottom line. Unfortunately, not all businesses are properly cultivating the best leadership for their employees. Over the next few articles, I will be writing a series about where, why and how you should be obtaining your organization's best leaders. Be prepared, however, because the truths you discover during this series may not be the ones [...]
Which Asset is Truly the Most Valuable to Your Company?
Companies are oftentimes concerned with protecting their assets, and rightfully so! The problem is, a company's most important assets are often overlooked and many times neglected. While your technologies, products and structures are definitely important to the success of your business, these things can be easily copied by your competitors. What your competitors can't copy, however, is your staff. If you really want your company to have an edge, you need the right employees. You need to hire professionals who can do the job right and you need to keep your employees motivated, engaged and well-trained. The right employees can [...]
Six Things that Are Necessary for Good Team Leadership
We all hear the term “good team leadership” in our day-to-day business activities, but do we really know what the words mean? Do we understand how to develop good team leadership and how to make sure our management teams understand the fundamentals of this crucial business concept? If you think that good team leadership simply entails ordering your employees to perform tasks and delegating properly, you're sadly mistaken. If you want to achieve good team leadership in your corporate culture, you have to understand what it is and what it is not. 1 . Focus on the Goals, Purpose and [...]
How Engaged Are Your Employees?
In the business world, each and every employee must take some accountability for his or her own engagement. However, it is important to remember that there is a direct correlation between the level of your employees' engagement and the level of your company's employee retention. Which brings up the question, just how engaged are your employees? Or, perhaps even more importantly, exactly what is your company doing to ensure a high level of employee engagement and, therefore, better retention rates and higher employee morale? Just How Important Is Employee Engagement? Many business owners and executives don't truly understand the importance [...]