ThinkTank
C O A C H I N G
Often, they are “told”
what their objectives are; they may be asked to develop a budget for the
upcoming calendar or fiscal year, but more likely than not, it’s based on the
previous year’s data and will incorporate the revenue and expenditure goals
likely desired by senior executives.
But what are the more
important goals at which businesses should be looking?
How about a more effective employee retention program?
What about a zero incident/accident safety program?
And what do they want the business to look like at the end of the
upcoming year? Surely these are as
important as revenue, sales and expenditure goals. [You've
already read the stuff in blue.]
Okay, I know – money makes
the world go around. But at what
cost are businesses willing to shave expenses and increase revenues?
At the cost of even hinting that your employees ignore safety risks and
cutting corners to save time? That
your team members are not worthy of some attempts to retain knowledge workers
and key performers?
The best business leaders in
this country and the world all know that people drive their companies to success
and it’s also their employees that separate them from the competition.
They recognize that the contribution of these folks keeps their companies
in the lead and the competitors at bay.
As a coach, I’m recommending
to my clients that they seek ways to motivate employees, because it’s their
people that innovate and create new products or services, and influence, sell,
and service their customers. Find
ways to invent (or reinvent) your incentive programs, your reward and
recognition programs and look for the high potential team members and develop
them to their fullest.
And do it soon.
Research shows that even in the “best” companies to work for, 20% of
the employee base is looking outside their current employer for other job
opportunities. I can’t even begin
to grab at a figure for those companies who are the “worst” at which to
work. The funny thing is, they all
know who they are – they hear the employees complaining about their “bad
bosses” or ridiculous customer service policies, but they are most likely
unwilling or too lazy to do anything about these things.
Trust me . . . I’ve seen
more than my share of businesses who don’t even have a clue about motivating
employees. They don’t have any
idea that the naysayers and actively “disengaged” staffers negatively impact
the company’s bottom line, as well as profit margins and their bonuses.
770-922-6007 3005
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Conyers, GA 30013
Get Your Year In Gear
Yep, you heard it.
After my suggestion, that’s the theme many of my clients have adopted
for 2006. And why, you ask?
Because many business owners and key corporate executives have trouble
creating solid strategies for short term and long term goals.