Everyone likes to feel appreciated at work. In fact, studies have shown that employees are motivated to work harder when their boss shows appreciation for their work. For most employers, showing appreciation might mean promotions and pay raises, but those opportunities don't come along as often as we'd like to think.
The dictionary defines management as, “the process of dealing with or controlling things or people.” Sometimes, managers don’t understand why their team does not function cohesively. Below are five management mistakes managers don’t realize they’re making and tips to avoid these missteps.
There is little doubt that startups are dominating leadership discussion in many sectors of the economy, and have even become a source of admiration in popular culture. Whether driven by the hopes of “unicorn” valuations and lucrative exits or by the desire for more informal, collegial working environments, startups are more prevalent and attractive to existing and potential employees than ever. In fact, in a recent Accenture survey, only 15% of the class of 2014 would “prefer” to work for a mature, established organization.
According to a recent Gallup poll, around 31% of U.S. employees were engaged in 2014. Why are employees less engaged? Some of the blame is due to burnout at work. This burnout, characterized by severe mental and physical exhaustion, is leading to a lack of interest, reduced employee engagement and less work being accomplished. Most of the theories that have been devised in this regard suggest that the main cause is too much work and strain, but this might not be the case.
When I meet with corporate leaders we invariably get onto the topic of their business challenges. Some reoccurring themes that are increased competition, cost / margin pressures, regulatory hassles, globalization, etc. However, the more recent discussions have centered around one theme. Talent.
It is the duty of management to ensure that the human capital they are responsible for are working productively. Appropriate recognition of excellent work by employees is a huge part of having a happy and productive workforce with less turnover. If employees are starting to work less efficiently, it may be time to reinvent management practices to rejuvenate your company culture.
