In an earlier blog we talked about the high
cost of losing valuable employees. The
ability that a company has in promoting company allegiance is extremely
valuable since employees are the “lifeblood” of the company. A survey performed at Columbia University
stated that replacing an employee costs 150% of that person’s annual
salary. In sales, that cost is often
calculated at over 250% of wages.
Loyalty is a two-way street but as we have seen it starts with the
manager. The manner in which you treat employees
and are able to demonstrate humility, competence and integrity will offer a
strong basis for gaining employee dependability.
There are essentially three primary “drivers”
that employees look for from a company and its management. As we can deliver on these, trust, respect
and loyalty will be strengthened:
Create
an environment of personal contribution ~ Does your employee have a passion for their job? Are their inputs and responsibilities “important”
for the success of the company? Does your employee feel like they are making a
difference?
Help
your employee be Confident & Secure ~ Does your employee have both personal poise and your confidence to do the job required? Have
you inspired an environment that is safe and secure? Have you established progressive career
development steps?
At
all times… Show Respect
~ As often cited, “employees do not leave companies….they leave their manager”. Does your employee receive fair and
consistent coaching from you? Have you
set goals in a realistic fashion? Is
your communication open and honest? Are
you meeting with your employees and giving regular employee reviews and progress
updates? In order to gain respect...you need to show respect!
As
managers, we desire employees to be loyal but that does not mean that we yield to low expectations. A good
example of this is the TV show “Biggest
Loser”. If you have ever watched
this show you know that Bob or Dolvett, the personal trainers, are far
from easy. They are demanding
and relentless. The are persistent, sometimes harsh and steadfast.
They are downright tough! However, the contestants want to be on their
teams. Why is this? Quite simply, the contestants believe in
them. They respect them for what they
are trying to do. They see value from their
guidance and direction.
There are several things that we can
learn from Bob, Dolvett and the previous trainers from the “Biggest Loser”.
Get
to know your staff – Bob and Dolvett are
able to separate work from personal but they also take time to learn about what makes the contestant
tick. They acknowledge a sense of
humanity and humility. They are approachable and as the show progresses,
you sense that the contestants can come to them at any time to discuss issues.
Give
Credit and acknowledge performance – The goals have stretch, but when reached are recognized and
praised. The trainers do not focus on
their own skill sets but rather focus on recognizing the contestants who are making the necessary
changes to succeed.
Diverse
people need specific direction – Each contestant has different needs both physical and
mental. The trainers are able to
recognize this and set up a training program based on the individual person.
Trust – As the show builds over several weeks,
trust and confidence from the trainers is exhibited and the contestants begin to realize that they need
to perform without supervision. They begin to learn new habits and thrive!
To
err is human – From time to time, a
relapse occurs. Both trainers are
skillful in recognizing this and moving forward. The contestants learn from mistakes rather
than repeating them.
Communications
are open and honest – The contestants are
kept in the loop and have a better understanding of why it is important to make
the changes necessary. As “informed
performers” they “buy into” the plan of action to transform their lives.
Lead
by example – Both trainers, Bob
& Dolvett, are walking their talk.
They physically embody what they are teaching and work diligently to set
an pattern for success.
Beyond the incredible loss of weight and the workouts and exercises that the trainers inspire, there are also a number of management ideas to inspire loyalty, trust, confidence and respect! I hope that you feel the same way.
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