Ask any experienced and successful business leader, and they will tell you that their greatest asset is their team. Your employees are the driving force behind your company’s success, and they have the power and potential to make or break your business in the long run. So, can you afford to lose your most prized team members to your competitors? Certainty not.
The key to long-term success in any industry lies in talent retention, but that doesn’t mean that retaining top employees is an easy task. The best team members will be approached by other companies on a regular basis, and they will have no problem leaving you if they feel underappreciated, or god forbid, underpaid. Let’s explore all of the aspects of successful employee management, and how you can use your leadership skills to build a thriving team that will take your company forward.
Hiring the best people for the job and the team
To hire a new employee doesn’t just mean to fill out a vacant job position, it means to bring a new person into the team, and assimilate them with your company’s culture. With that in mind, you need to be able to hire the best applicants for the job, as well as the team. To do this, you need to look beyond their resume and tap into the hidden traits and inherent qualities that make them a viable candidate for the position.
Firstly, assess their skills and expertise. This is your foundation. Next, delve deep into their personality and asses whether or not they are at that point in life when they can successfully work with other team members towards a common goal. Sometimes, people will need more time to mature enough and reach this point, and other times you will encounter young individuals who were born to be a part of your team. So, take the time to get to know them before you make your decision.
Managing workflow efficiently and effectively
The future of your business depends on your team’s ability to maintain productivity and efficiency on a daily basis. Consistency is the keyword here, but it’s important to note that consistency does not come on its own. You need to be the leader who will make consistency happen, and optimize every process within the team to make your employees’ lives easier, and their work more meaningful.
To achieve this, you need to be able to manage the workflow and distribute the workload accordingly. The entire team needs to work like a well-oiled machine, but you cannot expect your employees to tend to tasks outside of their scope of work. After all, each employee specializes in a certain area, so let them focus on their job by managing workflow yourself or by implementing intuitive software that will take the guess work out of the equation – something like a project management app where everyone can contribute and cooperate seamlessly in real time.
Treating your employees the way a leader would
Most importantly, you need to treat your employees with respect. This doesn’t mean saying hello every morning or learning their middle names; no, it means building a company culture on the pillars of equality, transparency, kindness, encouragement, and honest compensation. Without such a company culture in place, your employees will have no problem leaving you for an employer who will fully appreciate their time and effort.
The foundation of all of this will be, of course, legal transparency. Every employee-oriented company should have various legal binding contract templates at their disposal to fit every job position, and every type of employee – making it abundantly clear to both parties what their inherent rights are and the responsibilities of the employee as well as the company. This will be a document your employees can lean on at all times, and it will set the grounds for long-term trust and loyalty down the road.
Being a mentor and helping team members grow
Speaking of trust and loyalty, this is something leaders earn over time. Nobody is going to trust you or believe in you just because you’re a famous business leader and have years of experience under your belt – you need to work for it. And the best way to earn employee trust and loyalty is to guide them, mentor them, and help them realize their professional dreams.
Remember, employee education is one of the best ways to retain top talent in your company, as you will be eliminating any monotony that might have settled into their day-to-day routine. Use regular training to give them an incentive to grow, and thus help grow your brand.
Balancing work and play in the office
All this talk of productivity and efficiency can put a lot of pressure on your team members, and even lower morale over the long term. After all, there is only so much more a team can take before individuals start to break under the constant workload.
This is why effective leaders know how to build a workplace where people can enjoy their day, and actually choose to be productive. Be sure to mix some smart office design with team building exercises and mandatory breaks that will allow your employees to get their mind off work, talk about their favorite TV shows, and just have a laugh.
By and large, the fate of your company rests in the hands of your employees. But that doesn’t mean that its fate is out of your hands, quite the contrary, it gives you a unique opportunity to implement the best management practices to build a passionate and dedicated team. Use these tips to craft a foolproof employee management strategy that will take your brand forward.