What’s the most important thing for your business? Financial growth? Customer experience? Offering the best possible product or service? If you said yes to any of those, you’re certainly not wrong. But there’s one thing which is equally important: human capital.
In fact, a recent HR Certification Institute survey of 300 C-Suite executives found that 95% agree their ability to retain great talent directly affects their company’s bottom line. And that’s because, even in the face of growing opportunities for automation in the workplace, it’s a company’s employees who are responsible for doing the work that will drive its success.
Interestingly, though, that same survey also found that only 59% of respondents feel their company is doing an adequate job of retaining staff.
But here’s the good news: as a leader, you can take a major role in retaining your talent. And it all starts with mastering the art of managing people.
This isn’t always an easy task. Every team is comprised of a unique and diverse group of people and personalities. But there are some key tactics you can put into place and habits you can work to develop to ensure you’re the best possible people-manager you can be. Read on to find out how to do so by:
Emotional Intelligence (otherwise known as EQ) refers to your ability to perceive and manage both your own emotions and the emotions of others, as well the ability to harness those emotions and apply them to tasks like thinking and problem solving. Since almost all jobs involve working with people in some capacity, EQ is a critical skill – particularly for leaders. In fact, EQ has been linked to boosts in And luckily, it’s a skill that can be honed and developed. Here are a few ways to approach increasing emotional intelligence:
Understand EQ – To effectively improve your EQ, you need to understand exactly what it entails. Emotional Intelligence is generally categorized into five core components:
By gaining an understanding of the factors that play into emotional intelligence, you’ll be more suitably equipped to hone it.
Work to be Aware of Your Emotions - Moods are contagious – particularly in leaders. As a leader, the mood you bring to the office is almost guaranteed to have an impact on your team. Do your best to be self-aware: make a mental note of your moods and keep track of how frequently you’re in a good mood versus a bad mood.
Conduct frequent temperature checks on yourself. Are you feeling happy and enlightened? Or are you feeling tense and frustrated? Once you’ve evaluated this, exercise your empathy and think of how your current mood will impact those around you. When you’re in a bad mood, it’s probably not the best time to do a performance review with a team member. It’s important to understand how to go about dealing with your emotions. For instance, if you’re in a bad mood, do something to mitigate it – take a walk, take some deep breaths, whatever it may be.
Implement Proactive Listening - In order to be empathetic, you need to learn to truly listen. In fact, according to Ultimate Software, 75% of employees would stay at an organization that listens to and addresses their concerns. Often times, we’re so focused on waiting for our turn to talk that we neglect to listen intently and proactively to others. Here are a few proactive listening tricks you can implement in your conversation:
Enlist a Coach - Training and coaching programs have been shown to boost EQ. The most successful programs often focus on the five components typically regarded as the core of emotional intelligence: self-awareness, self-regulation, motivation, empathy and social skills.
If you want to learn more about how to master emotional intelligence, we recommend looking into our Emotional Intelligence program, where you’ll learn to increase self-awareness, self-regulate behaviors, develop better social skills for leadership, use emotionally intelligent motivators, and develop a greater sense of empathy.
It’s nearly impossible to be a great people manager if you don’t truly know the members of your team. And since no two people are the same, there simply is no cookie-cutter approach to managing employees. Being a great people manager means building a rapport with your team and earning their trust. You need to show them you genuinely care about them. A great step in doing this is to get a deep understanding of who they are, what interests them, what they find challenging, and what motivates them. Here are a few ways you can get to know your team:
Apply the 80/20 Rule: There’s a principle called the Pareto Principle – better known as the 80/20 rule – which states that 20% of our efforts affect 80% of the results. This principle is commonly applied to multiple areas of business, from project management and quality control to time management – and leadership. Try to dedicate 20% of your day to working more closely with your team, making yourself available and accessible, and taking the time to get to know them. This will help you become a mentor to them, and in turn allow you opportunities to help coach them on not only their professional goals, but their personal ones as well. While it’s not always feasible to dedicate 20% of your day to being with your team, showing that you’re making a real effort to be around and available them will go a long way in building trust and positioning you as somebody they can go to for anything.
Implement D.I.S.C. Assessments: If you want to get to know your colleagues in a profound way, then a D.I.S.C assessment is a great option for you. Based on the work of American psychologist Dr. William Moulton Marston, these self-assessments are designed to help individuals identify their strengths and weaknesses, especially within a team dynamic, and to provide context on how best to work with your team members. D.I.S.C. assesses people within on four “quadrants”:
D.I.S.C. assessments are a great way to help you become the best possible people manage. In addition to having your team take D.I.S.C. assessments, you can also take your own and share the results with them. This will show them you’re open, transparent, and putting in an active effort – in turn building trusting and creating an even stronger rapport.
We recently implemented D.I.S.C. assessments here at Outback Team Building and Training and it had a hugely positive effect on our team and our company. To learn more about D.I.S.C. assessments and if they might be right for you and your team, check out our free downloadable white paper: A Practical Guide to Using D.I.S.C. in the Workplace.
As a leader, the way you handle conflict has a direct correlation to the level of trust, respect and connection you will have with your team. And while most people do their best to avoid conflict, the nature of workplaces mean conflict is effectively unavoidable. Conflict resolution is an art. To master the art of conflict resolution, consider implementing these five tips:
At Outback Team Building and Training, we offer a program focused on Conflict Resolution which can help you change how you treat workplace conflicts, learn the value of taking accountability, recognize common conflict behaviors, use the conflict initiation model, and find new ways to manage conflicts.
In today’s job market, a great company culture isn’t a perk. It’s a necessity. Research by Deloitte found that 94% of executives and 88% of employees believe a distinct corporate culture is important to a business’ success. But according to a survey conducted by Gallup, only 30% of American employees are engaged with, enthusiastic about, and committed to their workplace.
This means that 70% of American workers aren’t showing up to work committed to delivering their best possible performance. Most startlingly of all, these disengaged employees are costing companies between $450 and $500 billion annually in the United States alone.
As a leader, a great company culture is key in successfully managing a team (to learn why check out our podcast interview with Tracey Topping, Employee Experience Manager at multinational tech company Left – which boats an impressive 97% retention rate). But there’s a silver lining. Creating a great company culture and doesn’t have to be hard. Even small improvements go a long way. Here are a few tactics you can implement starting now:
Activate a Corporate Social Responsibility Strategy - Have you ever heard somebody say that doing good is good for business? Well, it’s a fact. Research has shown that corporate social responsibility (CSR) is key to employee engagement. And while budgets are often among the greatest barriers for companies looking to activate a CSR strategy, the good news is that it can be done inexpensively and effectively. From creating a volunteer program that allows employees to volunteer during work hours to matching employees’ charitable donations, adopting green practices at the office, making small business loans to entrepreneurs in developing countries through organizations like Kiva, or doing a charitable company event, there are a ton of options at your disposal.
To learn more about how to create a great CSR strategy, check out our blog post: Everything Your Business Needs to Know About CSR.
Strive for Great Office Design - Offices are no longer just places where employees have to go to do work. Your office can actually that helps you increase productivity, enhance company culture and create overall happier employees. There are that can have a big impact on the happiness of your team and enhance company culture – from lighting and noise to ventilation, greenery and plant life, standing desks and ergonomic chairs, photos and art, common areas and flexible workspaces and even colors, tones and materials.
For more tips and tricks on how to create a great workspace for your team, check out our article: 50 Ways to Improve Your Office Environment.
Put an Emphasis on Employee Wellness - Healthy employees are happy and productive employees. In fact, a survey by Gallup revealed that unhealthy employees cost businesses around $153 billion in lost productivity every year. Even small things, like keeping healthy snacks readily available at the office and supporting regular fitness – like offering a corporate gym membership – can make a big impact.
Foster Social Connections - It’s nearly impossible to create a great company culture when employees barely know their colleagues. Team building events are a powerful way to help strengthen the. That’s why, at Outback Team Building and Training, we strive to build better relationships through memorable experiences. And best of all, they can be done on almost any budget. You can also consider hosting a company retreat in order to get your team together in a new and exciting environment. At Outback Team Building and Training, we host annual retreats so that our team members can connect in a meaningful way outside of the context of the office. We do something different each year to make sure it’s always fresh and exciting. It’s also a great idea to sprinkle in smaller, more frequent team social gatherings in between bigger events – whether it’s a quick team lunch, a weekly happy hour or even a company book club.
To learn more about how and where to throw outstanding company retreats, check out our two blog posts: Everything You Need to Know About Planning the Ultimate Company Retreat and The Top 20 Destinations in North America for Company Retreats.
Revisit and Reassess - The most important part of any great corporate culture is to understand that it will be an ongoing and ever-evolving process. You’ll need to revisit and reassess your approach from time to time to ensure it’s still effective. If some tactics seem to be less impactful than others, consider ways to tweak or replace them in order to continue improving. It’s also important to keep an open line of communication with your team, taking their feedback in stride and actioning it as necessary.
Creating a great company culture is an integral piece of the puzzle, but there are some other tactics you can put into play to drive a strong and successful organization. To learn more, check out our article: Actionable Habits and Tactics to Drive Leadership Success.
In a leadership role, you’re responsible for the development of your team members. This means that giving productive, actionable feedback that actually helps people improve is a crucial skill. In fact, according to a survey by Workhuman, 89% of HR leaders agree that offering peer feedback and conducting regular check-ins have a positive impact on their organizations. Yet for many leaders, finessing their approach to can be difficult. To give the best and most effective feedback possible, make sure it checks these boxes:
To learn more about how to give productive and actionable feedback, check out our Performance Management Fundamentals program which will teach you the performance management cycle, how to build performance-driven relationships, how to coach colleagues more effectively, and how to measure performance more accurately.
Part of being a people manager is encouraging people to feel comfortable following your lead. That means it’s important for you to come across as confident – even if you don’t always feel it! Luckily, there are some subtle tweaks you can make to help you project confidence and own the room. Take a look:
Keep a Success Log - Believe it or not, competence into confidence. Sometimes, even the greatest leaders could use a reminder of their strengths. One great way to build confidence is to keep a success log – whether it’s emails congratulating you on successes, or a personal list of proud moments. That way, if you’re ever heading into a situation that makes you feel less than confident, you can take a look at your success log and draw up the confidence you felt in those moments.
Speak Concisely - If you want to project confidence, eliminate jargon from your vocabulary. Long, convoluted sentences and jargon don’t make you sound smarter. In fact, they often have the opposite effect. According to Nobel prize-winning psychologist Daniel Kahneman, using simple words doesn’t dumb down your message. It actually makes you appear more credible by demonstrating that you can articulate complex ideas in simple language.
Be Mindful of Posture, Gestures and Body Language - Sometimes, the simplest and most subtle cues can be the downfall of your air of confidence. Here are a few key things to mindful of:
Become a Comfortable Presenter - You’ve probably heard that public speaking often ranks high on the list of peoples’ greatest fears. And that’s for good reason. The idea that your audience might reject you is scary. But as a leader, you need to be able to project confidence in any situation – especially when speaking in front of a group. Try these tactics next time you’re preparing for a presentation:
If you want to build your comfort as a presenter, check out our Impactful Presentation Skills program which can teach you to improve your core presentation skills, take advantage of speaking opportunities, become more comfortable when presenting, speak in public with confidence, and make a greater impact.
For more information about the personal and professional skills you can develop to become an even more effective leader, download your free copy of Actionable Habits and Tactics to Drive Leadership Success, or just reach out to our Employee Engagement Consultants.