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5 Ways To Get The Most Out Of Your Employees

Tuesday, April 12, 2016   By Mike Reddy

 



Working to increase productivity among employees in a business is one of the biggest challenges in the current economy. It's important to remember that your employees are a vital part of your organisation and must be handled with care.

Here are some helpful strategies to employ when trying to take your business to motivate and strengthen your employee base.

Have A Clear Mission: No one can give full effort in a cause they don't understand or believe in. Make the goals of your company clear to all of your employees, and, if possible, find out what their thoughts are on the direction your company is taking.

Show Them A Future: If you plan on keeping smart, motivated individuals in your team, you will need to continuously challenge them and provide them with a solid path of career progression.

Using career progression in your business keeps your employees interested and takes a large amount of weight off your shoulders as you delegate more and more responsibilities to associates and subordinates that you can trust.

Keep Them Interested: In order to properly motivate your employees, it is imperative that they have a vested interest in the success of your business. Keep them involved in the overall mission of your business and never let them feel shut out or excluded from important decisions.

Ask for input from them and, when you utilise their ideas, make sure you acknowledge them for it. Make them a part of your business - not just someone who collects a paycheck.

Room To Grow: Micro-managing your employees adds more stress on you and damages productivity. Give them latitude in their areas of work that will allow them to make decisions and grow as valuable members of your team.

This strategy will increase your productivity by creating employees who are more self-sufficient and reliable and instills a sense of loyalty among your team to you and your style of leadership.

Direct Feedback: Reinforcing a positive self-image for your employees can only improve your relationships with them and help grow your business, but the concept of directness also applies to any negative or corrective actions you must take in regards to workers within your company.

Always have the welfare of the company and your employee in mind when taking actions to correct mistakes or fix shortcomings. You can berate and castigate till you are exhausted, but employees will only receive and process criticism from a leader who has their interests at heart.

Show your employees that you care about them, and they will show you what they are truly made of.


Mike Reddy is a Chartered Accountant, business coach and advisor helping businesses in Sydney, Melbourne, Brisbane and Gold Coast to easily increase their profits and cash flow. He is currently President of the North Sydney Chamber of Commerce, a Regional Councillor for Sydney North East and a member of the Institute of Chartered Accountants Sydney leadership team. As well as advising businesses, Mike presents business development seminars and webinars and is regularly contacted by the media to comment on small business matters. You can connect with him on Facebook, Twitter and Google+.