Challenges beyond January 1
Every year, business leaders kick off January with a series of events
including celebrations, recognizing and rewarding employees, new goal
setting, strategy formulation and alignment, motivational programs and
plans to accomplish goals in the coming months.
Communication can be the first step to making real, meaningful
changes - changes for improvement. And then managing the mindset of the
employees throughout the year. Every single day is critical, hence
maintaining high energy level is crucial to business success.
Competition
Whether we like it or not, this year will be tougher than last year
in many ways. Despite the looming world economic downturn, even if the
local macro environment improves expanding our markets, each business
will have more competition. Competition intensified over the past two
years with permanent peace dawning. Even if none of these work as
barriers, meeting your stakeholders' mounting expectations will pose
incremental challenges.
If you raise your own expectations on top of the expectations of
others, you will challenge yourself to get the best out of yourself for
improved bottom-line. It's not doing the same we did last year but doing
it differently for the same result. If we want more - we have to change
at a higher degree.
Communication
Clearly explain to each employee what is expected of him or her
during this year. Also, remind them of why he or she was given that
specific role. Raise your level of expectation aligning with the
challenge and goals.
If your employees know that you expect more out of them within
realistic boundaries, they'll be encouraged to be committed.
On the other hand, if your employees think the management doesn't
trust that they can perform at a high level, they won't be motivated to
do any more than the least amount of work necessary to get their pay.
Set specific communication times and timelines. To run a successful
business, the employer and employee must be on the same page, working
towards a common goal.
It's necessary to have open lines of communication. Deciding how
often to meet and review - whether on a weekly or monthly basis - will
streamline issues and questions and ensure that important items are
addressed and timely decisions are taken.
Motivation is key to tap into the inner power of people. Motivation
is two-fold - internal and external motivation. Internal is self and
external is by others.
Job satisfaction
What is more fruitful and sustainable is a person's own personal
motivational forces.
Creating an organizational environment within which employees can
gain job satisfaction is the only way for inner motivation of employees.
For the employer this means optimum realizable quality results through
people.
Self-motivation is more long lasting and effective - it's a win-win
for the employee and employer.
Inspire self-motivated staff by trusting them to work on their own
initiatives rather than leader imposed initiatives. It's a mind game -
and it all depends on how you manage the mindset of the employees as a
leader.
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