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Ten Tips on Motivation
| Guest post by: Dr. Rick Johnson |
Article Overview: Tough times weigh heavy on employees. They know when a company is not performing without seeing the profit and loss statement. The good ones start to abandon ship and seek employment elsewhere. Add restructuring and employee terminations to the formula and keeping your good employees becomes the most life threatening issue you are likely to face during tough economic times. Losing good employees has a high cost associated with it.
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Ten Tips on Motivation
The employee issue cannot be emphasized enough. Tough times weigh heavy on employees. They know when a company is not performing without seeing the profit and loss statement. The good ones start to abandon ship and seek employment elsewhere. Add restructuring and employee terminations to the formula and keeping your good employees becomes the most life threatening issue you are likely to face during tough economic times. Losing good employees has a high cost associated with it.
Ten Tips on Motivation
1. Find the right job for the right person - When people enjoy and are challenged by their work they become self-motivated.
2. Empower and delegate - Trust employees to make their own decisions and make their own mistakes.
3. Co-operation vs. Competition - Excessive competition destroys morale. When teams work towards a shared goal they become more motivated.
4. Performance vs. "Presenteeism" - Do long hours necessarily equal quality work? Look at whether your organization encourages a presentee culture rather than valuing performance and results.
5. Involve employees in company development - Keep employees informed on new developments in the organization and how their work impacts the company.
6. The 5:1 rule - Praise and recognize employees' successes five times as much as you provide constructive feedback.
7. Job security - Possibly the greatest single factor for a motivated workforce. How can you improve job security and fringe benefits?
8. Lead your staff - Enable managers to coach their teams and create opportunities for people who are keen to learn skills and grow within the organization.
9. Create a comfortable working environment - Including relaxing the dress code where appropriate, developing areas for socializing, creative thinking, reading and giving employees quality spaces to work in (larger desks, quiet, natural lighting etc.)
10. Treat employees fairly - When people feel they are treated fairly they remain loyal to the company and motivated by their work.
Perceived inequality of treatment leads to resentment, low morale and lack of self-motivation.
Frederick Reichheld's book, The Loyal Effect, points out:
"If you are losing employees, you are losing customers. On average, American companies lose half of their employees every four years and half of their customers in five years. This suggests that employee attrition may have a significant impact on customer loyalty."
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Article Tags: economic times, management, motivation, restructuring, tough times
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About the Author: Dr. Rick Johnson RSS for Dr. Rick's articles - Visit Dr. Rick's website www.ceostrategist.com - Sign up to receive "The Howl" a free monthly newsletter that addresses real world industry issues. - Straight talk about today's issues. Rick Johnson, expert speaker, wholesale distribution's "Leadership Strategist", founder of CEO Strategist, LLC a firm that helps clients create and maintain competitive advantage. Need a speaker for your next event, E-mail rick@ceostrategist.com. Dr. Rick Johnson has over 35 years of experience in distribution sales and operations. Rick�s career can be broken down by decades. The first ten years of his distribution career were spent with the largest steel-processing distributor in the world (Joseph T. Ryerson). The second ten years began with Rick starting his own processing distribution center from scratch. In the first year, sales reached $1 million dollars and had grown to $25 million in its tenth year when Rick sold the business to one of the major national chains. The third ten years of Rick�s career dealing with financially troubled Turn-A-Round companies. After completing ten years of TAR work, Rick decided a decade of acting like Darth Vader was enough and became a consultant to the Wholesale Distribution Industry in 1999. Rick received an MBA from Keller Graduate School in Chicago and a Bachelor's degree from Capital University, Columbus Ohio. He also served six years in the United States Air Force as a survival instructor. Rick completed his dissertation on Strategic Leadership and received his Ph.D. in 2005. Rick is frequently published in numerous magazines including a column in Supply House Times, with over 250 different articles published to date. He�s also a published author with eight books to his credit. Click here to visit Dr. Rick's website   The Challenge of Hiring Maximize Performance through Understanding On the Lighter Side Shoot From the Hip Sales Mentality Ten Steps that Focus on Sales Success Creating an Effective National Accounts Program |
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The only three I have in mind right now, but will try to come up with something else.
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Re: Finding AND Keeping Good People
- Employee retention or as you mention “Keeping the Good People” is one of the biggest challenges for any growing business. It takes a huge effort from the entrepreneur’s end.
I can come up with the following when it comes to KEEPing the good people-
1. Motivation of the employees
2. Recognition of the needs of the employees
3. Activities to make the employees feel valuable towards the organization
4. Make benefits more accessible
5. Offer profit sharing incentives
6. Create clear career paths at the company
7. Consider telecommuting, job sharing and other flexible working arrangements
8. Incentives are essential and they don't have to be huge
9. Have other managers praise an employee's work
10. Be sensitive to the balance between work and private life
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