So let’s start with some cold hard facts:
- 70% of U.S. workers are not engaged at work.
- 75% of people leaving jobs don’t quit their jobs; they quit their bosses.
- Engaged employees are 87% less likely to leave their companies than their disengaged counterparts.
- 90% of leaders think an engagement strategy has an impact on business success but barely 25% of them have a strategy.
As we can tell by the startling realization these statistics give us, employee engagement is one of the most essential components to running a successful business. Are you creating a great culture for your team? Let’s take a look at some ways business leaders are building their employee’s engagement:
1. Company purpose. It isn’t about what you do, but why you do it.
2. A compelling vision. What is the overall goal that you and your team should be striving towards each and every day?
3. Have a plan. Define a clear process for achieving your goals and what it takes to get there.
4. Walk the walk. You can’t expect to hold others accountable to high standards if you aren’t setting the bar high for yourself.
5. Establish clear expectations. Make sure your team knows exactly what is expected of them from the beginning. Having everyone on the same page, working towards a unified goal, will help yield the positive results we’re all trying to achieve.
6. Be dependable. Your team has to be able to count on you to do what you say you will do, and give them insight when needed. Make sure you’re following through on your responsibilities.
7. Build trust. Micro-managing is one of the easiest ways to turn off your employees. Learn to trust that they will meet the expectations you have given them.
8. Emotional intelligence. Build a great team culture that will make your employees enjoy what they do, and who they do it with. People skills are just as important as technical skills.
9. Celebrate milestones, even the little ones. Acknowledging goals met, or the completion of a project by one of your team members is vital to engagement. Let your employees know when they have done a good job and celebrate accordingly.
10. Reward effort. Not every idea is going to have lucrative effects. Make sure you recognize hard work and reward your team for staying innovative.
11. Groom leaders. Ensure that your team is getting the right training to set them up for success. Create a dynamic that encourages leadership and growth.
12. Figure out their passion. Find out exactly what it is that motivates your team members and what they are individually passionate about. This will not only help you connect with them on a personal level, but lead to a boost in company morale.
13. Ask for feedback, and act on it. Encourage your employees to let you know their thoughts, and incorporate those thoughts into helping your company improve.
14. Respect their time. Everyone values their time. Make sure your meetings have a purpose and a clearly defined schedule.
15. Have fun. The most important tip of them all. If you and your team aren’t enjoying what you do, why do it?
Thinking business ownership could be the route for you? Seeking additional information on how you can be your own boss? Perhaps it’s time for a free consultation with a qualified and experienced franchise consultant. FranNet has a great track record of assisting individuals on their path to business ownership. Make arrangements to speak with one of our representatives today!