What does it take to get most of the work done in your company? What moves your company towards its goal? What is it that keeps your company operating on a daily basis? Is it you, the business owner? Partially, yes. However, you cannot do it alone. You need a team to help you run your business.
I consider the team as the muscle of any organisation. As the owner, you can call yourself the brains of the operations. You come up with most of the ideas and plans on how to run the business. Your team, the muscle of the operations, executes those plans to move things along. Think of a company as an athlete competing with other athletes, i.e. other companies. When competing, athletes psych themselves up to prepare. This is like you putting yourself in a different mindset in order to tackle an important project. And just like when athletes constantly work out to keep their muscles in tip-top shape, you, as the business owner, also need to keep your teams in top form. How do you accomplish that? Inspiring and motivating them is a great place to start.
Pay Your Team What They’re Worth
Did you know that 26% of employees would leave the company for another one for just a 5% increase in salary? Employees know their worth especially the high performing ones. Ensure that your salary rate is competitive with other companies to keep your talent in your employ. Remember, hiring new team members is not an easy endeavor and there are no guarantees that the newbies would be able to perform up to your standards. I’m not saying that hiring new people is detrimental, but if you are hiring because of employee turnover and not because your company is growing, then you may need to look into your current salary rate.
Let Them Speak Out
Let your team members speak out their minds without fear of personal attacks or retaliation. Encourage them to ask the hard questions. This way, it would be much easier for you to address their concerns and/or frustrations without having to go through the process of organising a meeting with managers and the team. This is the beauty of open communication. You are getting your information right from the source. This also encourages them to be more accountable and less defensive as this type of freedom promotes clarity when communicating.
Check out the original post here: https://www.jamesshort.com.au/blogpost/inspiring-your-team-to-achieve-your-goals/