Monday, November 10, 2008

Engaged Employees= Improved Financial Well-Being

It’s easy to be overly concerned with the bottom line, especially when revenues are sluggish. However, you may be overlooking a sure fire way to improve your company’s financial well-being if you are not monitoring your employees as closely as you monitor your customers. Engaged employees- those who simultaneously possess extreme job satisfaction and demonstrate high contribution levels- will bring stability and boost morale in turbulent times.

10 Tips for Engaging Your Team

1. Recharge: Determine the different levels of engagement within the company and then find the under-engaged employees and recharge them with enthusiasm.

2. Trust: Effective management requires trust. Earn trust everyday by revealing who you are as a person beyond your title and accomplishments.

3. Knowledge: Know all of your team members by paying attention, listening, and figuring out what makes them tick.

4. Match: Each team member has different values, talents, and goals for their job. Help them to connect what is important to them with the company’s needs by matching projects, passions, and proficiencies.

5. Hire: Only hire engageable team members; people who are good fits and can be successful.

6. Ownership: Stress employee ownership by providing employees with clear visions of personal success. Be willing to provide guidance, move tough barriers, and help find fulfilling work for team members.

7. Destination: Once you have figured out your strategy, help the team to understand the destination and their roles and tasks that help reach it.

8. Feedback: Let your employees know what they do well so they can continue doing it and achieve their goals. Suggest different directions if needed.

9. Communicate: Talk and listen more. Conversations instead of emails will help prevent misunderstandings while also providing performance feedback. It is also a great way to generate new ideas and increase employee job satisfaction.

10. Tailor: Treat each level of engagement differently. Do what is possible to invest in and direct employees in moderate levels of engagement. Size up the disengaged and figure out the best way to help them. Recognize the fully engaged so that they maintain their extreme levels of engagement.

Want more information on engaged employees? Check out the recent survey released by BlessingWhite Intelligence at www.blessingwhite.com.

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