In the previous post, we looked at the importance of leadership skills and how they can be improved. This blog post focuses on how such skills can improve overall employee performance and motivation.
Without engagement and motivation in your team, it is likely for your business to experience lower productivity and efficiency levels and not reach the strategic goals. Five key components can help with motivating your employees:
Share your vision and mission statement
If you have a compelling vision and mission statement, it will be simpler to motivate your employees. At Business Doctors, we think that establishing a successful team begins with defining a ‘business vision’ based on the owner’s fundamental values and beliefs.
Encourage open communication
Listening well and recognising when action is required is helpful with understanding what is influencing an employee’s performance, and you can help by providing solutions.
Promote health and wellbeing
Promoting healthy behaviours at your workplace might benefit your business by minimising stress and keeping employees energetic and motivated. You should have defined guidelines in place to support well-being, such as policies on health and safety, working hours and sick leave.
Rewarding and recognising good work
When employees perform well or exhibit exemplary behaviour, take the time to recognize their efforts and specify what they are doing right. This can have a significant influence on employee morale. Consider more practical methods to reward great behaviour for fostering a healthy culture inside your organisation.
Provide opportunities for development
Consider your employees’ requirements and explore training opportunities they could participate in to show them you care about their advancement within the company.
Improved business results
Having a solid company strategy backed by an effective leadership team is key to realising your actual business potential.
When you have a strong set of leadership capabilities, you will be able to recognise when your employees are slacking and not giving their best effort. This will allow you to take proactive measures before your entire business performance suffers.
Studies show that around 85% of employees are not engaged in their work. This startling number verifies what we already believe: most workers work for the sake of generating money, and they merely do what they are asked to do without any enthusiasm or desire to put in the extra effort. Raising an employee’s level of engagement can boost performance by 20% or more. On a bigger scale, this individual performance bump can have a significant influence on the performance of the business, reinforcing the fact that happy people are more productive.
Cultivating a motivated and engaged workforce is essential to creating a positive corporate culture. When your company’s morale is good, it will likely meet important deadlines, improve customer experience, and be more profitable.
A happy team leads to improved internal relationships as well as relationships with suppliers and consumers. According to the Corporate Leadership Council, a strong sense of employee morale and engagement decreases an employee’s likelihood of leaving by up to 87%.
Aside from being more productive and having better relationships, contented employees are less likely to leave, ensuring continuity and avoiding the costs of hiring new staff.
For more information on how you can improve leadership skills within your business for greater success, contact us at firstname.lastname@example.org or call us on 79903685.