Leadership Best Practices Too: A Simple Solution?

Continuing our previous post’s theme of leadership, a recent Gallup article cited the fact that approximately 70% of the US workforce is either detached from their work or “miserable” during their workday!

The solution is, as the saying goes, simple but not necessarily easy: managers need to be better listeners, coaches, and collaborators.

“Great managers help colleagues learn and grow, recognize their colleagues for doing great work, and make them truly feel cared about. In environments like this, workers thrive.”

The question then posed refers to shareholder capitalists, and asks if they would embrace this perspective?

“How does this impact the bottom line?” they’d ask.

Well, as it turns out, “it pays to have thriving workers!

Based on Gallup research and several of our posts on the topic of workforce or employee engagement, business units with engaged workers have 23% higher profit compared with business units with
miserable workers.

Additionally, teams with thriving workers see significantly lower absenteeism, turnover and accidents; they also see higher customer loyalty.

As the article points out, “Wellbeing at work isn’t at odds with anyone’s agenda. Executives everywhere should want the world’s workers to thrive. And helping the world’s workers thrive starts with listening to them.”