How To Use Better Management Strategies To Stimulate Company Growth

How To Use Better Management Strategies To Stimulate Company Growth
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Too often, employees fall into a subservient role and see themselves as just another cog in the machine. They feel disengaged and become clock punchers, dragging themselves through each day. Only 36 percent of 1,500 adults say they feel engaged at work, according to a March 2016 Gallup study.

But managers can lead in ways that empower their staff to be creative, take ownership, and grow as professionals. Effective managers create an engaged workplace that is fun, collaborative, and happy and that focuses on individual and team growth.

This is how you can encourage company growth and improve employee engagement:

Start an Employee Recognition Program

According to September 2015 study from Achievers, 57 percent of the 397 employees surveyed don’t feel recognized for their progress at work. When people aren’t recognized, they aren’t motivated.

The solution is simple -- recognize your employees! Reward them with gratitude and celebrate team wins. You want a culture of people who feel valued for who they are both personally and professionally. When people feel unnoticed or only noticed for their shortcomings, their confidence decreases, and they feel like they’re fighting an unwinnable battle.

You can reach out and connect on a personal level while also guiding them professionally. Offer constant feedback in lieu of annual evaluations to help them improve performance and take steps toward achieving their career goals.

Offer Career Development

Turnover can be costly, and recruiting requires a lot of time and money. Your current staff is incredibly valuable. Improve retention by taking an interest in your employees’ goals and their abilities.

The 2015 Talent Mobility Research Report by Lee Hecht Harrison found that only 42% of companies understand their employee’s unique skills and experience. Assess each individual so you know what exactly they’re contributing.

Once you know what each person can do and where they want to be, offer educational services to help them find their career path.

Provide career counseling, mentorships, and help with education by reimbursing tuition or paying for online resources. Companies that offer talent mobility tend to have a team of employees who are happier, more engaged, and more motivated.

Consider a Transparency Policy

Good communication is among the top management skills to have. Bad leaders don’t know how to express themselves and fail to truly listen to any input someone else provides.

Create a transparent culture and keep the door open at all times. Withholding information isolates people and creates a damaging divide between organizational levels.

Instead, be proactive and open all communication channels. Host morning huddles to get everyone up to speed and give employees the chance to speak up about anything new or bothersome.

Include employees in decision making. For example, if a client wants to change their strategy, ask some team leads and staff members to see what they think. Ask for feedback on these types of changes that can affect the entire team. When they have a voice, they develop a sense of ownership for the company.

Prioritize Fun

Job satisfaction relies on several factors. The TINYpulse 2015 Employee Engagement and Organizational Culture Report found that work culture is one of the top correlated factors to employee happiness.

Focus on building a fun work culture. For example, encourage breaks for employees to play games, watch movies, or go out to lunch. Host team building events that are stimulating and fun. Schedule theme days, where everyone can dress up and bring food in for potlucks.

Encourage socialization outside the office as well. Take the team out for happy hour at the local watering hole, get group tickets to a sporting event, or sign up for a 5k.

When you have a fun, transparent culture that recognizes accomplishments and encourages internal growth, your employees will want to contribute to your vision. A company that includes their employees in their vision of success is bound to grow and strengthen the team’s ability to collaborate.

How does your management team encourage employee growth and teamwork?

Kes Thygesen is the co-founder and head of product at RolePoint, a complete social recruiting suite that provides unrivaled access and reach to quality job candidates. Connect with him and RolePoint on LinkedIn and Twitter.

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