Are You
Ready for the Pendulum Swing?
By Holly G.
Green
Without question, the past recession has
hit many companies hard. But as business leaders struggling to keep
our companies afloat, we sometimes forget that it’s been hard on
employees as well, including those who managed to keep their jobs.
According to a survey conducted earlier this year by Kelton
Research, today’s employees are feeling under-empowered,
underappreciated, demotivated, and overworked. In the six months
prior to the survey:
-
68 percent had not received any
useful feedback from their supervisors
-
82 percent had not established
career goals with their supervisors
-
53 percent did not understand how
their role contributed to company objectives
-
25 percent were
given new job responsibilities
outside of their primary skill sets
This does not sound like a motivated and
contented workforce! Even if your company managed to escape the
worst of the layoffs and cutbacks, don’t assume that your workforce
remains happy or motivated. People may still be grateful to have a
job. But as the economy continues to improve and opportunities
increase, “grateful to have a job” will not keep them from looking
elsewhere.
Employees today hear an endless stream
of negative messages about their plight in the world. Everywhere
they turn, they hear about leadership failures, business failures,
rising benefits costs, and jobs going overseas. If you’re not
countering those messages with positive ones, people will buy into
the negativity.
Add to this the fact that today’s
younger generation of workers puts a high value on job mobility, and
the time is ripe for the employment pendulum to swing back to the
worker side. When the economy finally picks up steam again and
employees begin to have options, don’t be surprised if some of your
workers decide to jump ship.
A small amount of turnover can be a good
thing, as it allows you to bring fresh energy and new ideas into the
company. But the last thing you want at the beginning of a growth
cycle is for your best performers to decide the time has come to
work somewhere else. How can you prevent these unwanted departures?
By informing, inspiring, and engaging your people.
Inform:
Regularly communicate the “why, what, and how” of your strategic
plan. Then discuss and get clear on individual roles in meeting the
goals necessary to achieve the plan. To feel informed, today’s
employees need clarity on:
-
The mission statement (why you
exist)
-
Guiding principles (how you will
behave)
-
Value propositions (what you offer
to key stakeholders)
-
Destination points (where you’re
going)
-
Strategic priorities (areas of focus
for the organization)
-
Key initiatives (what you will do to
get there)
Employees always need to know these
things. But after two years of tough times that have depleted their
energy and motivation, they need to know them more than ever.
Inspire: Employees want to
believe that their work makes a difference in the world. To inspire
your people, share a compelling vision of what tomorrow looks like
and how what you do will make the world a better place. Explain why
you personally consider the destination compelling. What is it
about where the company is going that excites you? Ask employees
what the vision means to them, and share their responses via
multiple channels. Share positive customer feedback. Give people
reasons to feel good about what the company does. The ultimate goal
is to get employees talking about what the mission and goals mean to
them individually. The more they focus on these areas, the more
likely you are to get buy-in and alignment.
Engage: To keep employees
engaged, answer the question: why will we still win? Get
great at feedback. Visit with people throughout the year to make
sure all individual goals remain aligned with company goals. Share
stories of how teams are aligned and achieving goals. Highlight
team accomplishments and link them to the strategy they support. To
measure employee understanding, commitment, inspiration, and
engagement, take quick surveys following team or company meetings.
Solicit questions via email or intranet and address them in open
forums. Publicly thank employees for raising the issues.
Remember that as a leader or manager,
your behavior speaks much louder than your words. What are you
doing (and not just saying) that communicates the importance of the
company’s goals? What are you doing to get people feeling good
about working for the company? What are you doing to get them
feeling engaged and a part of the team?
The more your behavior aligns with what
you’re saying, the more you will inform, inspire, and engage your
employees. Start now, so that when the pendulum swings the other
way, you’ll be one step ahead of your competition.
Read other articles and learn more about
Holly G. Green.
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