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Once you have moved from a start-up business and established your business and brand. The next crucial element to your ongoing success comes from your employees. They are your most valuable asset and therefore managing them well, needs to be at the forefront of your mind.
If you are successful in managing your employees, they will step up and become loyal, motivated, and hardworking when it comes to helping you continue to grow your thriving business and grow the business’s profits.
But, how can you get to that?
Communication Is Key
Behind every thriving workplace and happy workers is open and honest communication. It is important that your employees are aware of the overall company’s vision, goals, and how this is going to be achieved. This is even more important when there is uncertainty either within the market or the business itself.
By knowing exactly what is happening, and what is expected from them, you will be able to ease any undue stresses they may have, provide clear expectations, and build trust.
Depending on the size of your business will determine how you communicate. Where possible face to face communication is important in the form of meetings, however, if your business is on a larger scale this isn’t always possible and you may opt to communicate via newsletter.
In order to get the most from your employees, it is important that you identify their individual successes and praise them for this work. Like all beings, positive feedback makes you feel good. It makes you feel appreciated and will continue to motivate and strive for more successes. It is important that when all feedback is provided, and reviews are undertaken that this is not just being limited to one per year. In order to get the most from your employees, they need to be informed regularly of what they are doing well and where they can improve.
Of course, not all feedback will be positive. Sometimes you will need to be and provide negative feedback. When giving negative feedback it is important that you are clear and concise on the area that warrants this feedback. By being specific your employees will have a clear understanding of where they can improve and start working on that particular element. If you leave it vague, it can become overwhelming as your employee won’t know exactly what they need to improve on and are therefore unable to focus on it.If you are successful in managing your employees, they will step up and become loyal, motivated, and hardworking when it comes to helping you continue to grow your thriving business and grow the business’s profits. Click To Tweet
Reward Your Employees
You want to have your employees on your side. The more they feel appreciated the harder they will work. However, there will be times when your employees need something from you. As a business owner and leader, you will ideally want your employees physically working and not taking unnecessary time off. You have already spent the time to calculate pto accrual for each employee. Although, if you can allow a level of flexibility for your employees you will gain more respect, appreciation, and loyalty.
For example, a mother working for you may wish to be able to attend an important event to support their child. By you allowing and working with them to create a positive work-life balance they will subconsciously want to repay the favor and work smarter and harder for you in appreciation.
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Support Your Budding Entrepreneurs
You may think that if you encourage and nurture this employee you will be encouraging them to leave your business and you will be losing an integral member of your business. However, this is not true. If they want to leave they will with or without your support. If you continue to support them you not only are forging positive relations, but you are demonstrating to the whole team and business how much you value your individuals.
Not only are you supportive but you are now actively encouraging them to use their entrepreneurial spirit and apply it within your organization. With this freedom and support, they are more likely to consider less traditional solutions and innovate more efficient and better ways to get tasks complete.
Develop Their Skills
You are only as strong and successful as your employees. For a lot of people now knowing that there is an opportunity for career growth and progression is key. A lot of people, especially those starting or early on within their career path, want to be able to grow and reach their full potential in all aspects personal and professional.
So to get the most from your employees have a clear and understandable progression route. Once this is clear it is important to use your clear communication to understand what your employee’s individual goals are and how you and your company will be able to support their growth and progression within your business.
You will find that as your employees start to feel more valued, they will become more loyal to you and the business, so you will have less staff turnover but they will feel appreciative and motivated to continue working hard to enable them to progress and develop their careers even further.
The research upon which this book is based shows overwhelmingly that people want satisfaction much more than they want balance.
Provide The Best Technologies To Support Them
Are your employees being stimulated and focusing their attention on where their time will be best spent? If you look at your business setup, you may find that people are spending hours on tasks that could be completed by technology or at least streamlined.
Although there will be a cost outlay, to begin with, you will find that once the monotonous tasks have been reduced or removed, your staff will have more time to focus on the elements of the job that creates job satisfaction.
Once engaged they will feel motivated and keep going. Think about it, if you end up spending hours doing a task that is dull you will find your enthusiasm wears off, your job satisfaction drops and you are not enjoying your work.
When you are engaged in the task you will not only work harder but be happier as well and happy employees are what you want.