Background
24th February 2021

How Your Leadership Team May Be Ruining Your Business

Any business’s objective is to make a profit or be sustainable over time. To achieve that outcome, one must understand the steps necessary to accomplish the results desired and all the little things that go into making that goal a reality. Did you know that employee satisfaction, job performance, and productivity are linked with excellent or poor management?

Scroll
Article Image Circle Circle


How Your Leadership Team May Be Ruining Your Business
Business leader

Any business’s objective is to make a profit or be sustainable over time. To achieve that outcome, one must understand the steps necessary to accomplish the results desired and all the little things that go into making that goal a reality.

Did you know that employee satisfaction, job performance, and productivity are linked with excellent or poor management? 

There are many factors for this, but in general, the saying that nobody “quits a job, they quit a boss” is the difference in your organization’s success or failure.  

In any conversation regarding high-end achievement versus mediocre results, factors such as timing, speed, positioning, motivation, and leadership are all points that are recognized as to why a project is successful or not. 

 

Analyze Your Team’s Successes

All too often, the focus on why a project succeeds is on tangibles such as improved market position, increased sales, and the like. 

Most organizations focus on the most obvious metric to analyze, and that is customer engagement and sales. For example, a brewery is only as successful as its sales, and to grow sales, there needs to be increased brand awareness. 

Utilizing a customer data platform that allows the brewery to streamline all the marketing, sales, and service processes for its organization can enhance its brand awareness and outreach. 

The brewery will need to improve engagement by increasing brand awareness through product placement, marketing, or other strategies. 

One area that is too often ignored is the morale and general sense of well-being that team members have for their jobs and management. A poorly run organization struggles with retaining quality team members, declining productivity, and lost labor hours due to illness and other factors. 

Too often, a poorly run organization believes that to correct its course, a reshuffling of management is vital. That may be true in some instances; however, one solution is for leadership to take stock of what may be their failings and correct those behaviors. 

For example, employees tend to look unfavorably at management when communication between management and labor is poor, disconnected from the employees ’ concerns, or seems arbitrary and detached negatively. 

 

Find The Patterns To Success And Empower Your Team

This issue may accelerate your organization’s disconnect, especially when an achievement isn’t shared with all the contributing members that helped make that achievement or milestone possible. Part of what makes for effective leadership is to find patterns in your successes and analyze your shortcomings.

Often little achievements are located in the minutia, small actions that add up to become a significant achievement. As a leader, you should be focusing on the small steps that your team members take in their workflow and enhancing their opportunities for success. 

 

Become A Better Communicator

The most crucial step in becoming a better leader is to become a better communicator. Too often, misunderstandings create an environment built on tension and more significant problems. There are three primary communication principles: listen, speak, and empower. 

These three processes will create an environment that your team members will become more invested in, increasing job satisfaction and enhance productivity as a result.

  1. Listen First
  2. Speak Clearly
  3. Delegate Tasks And Empower Solution-Based Thinking

Focusing on empowering labor through engaging conversations and encouraging better lines of dialogue helps improve the perception of the organization’s leadership.

Improved relationships help team members believe in the company’s value, which has a real-world impact on performance and productivity. 

 

Become A Better Leader

A goal of good leadership is to empower your team members to have a set of small achievements that can create a sense of cohesion to the project as a whole. 

These small achievements take on momentum on their own and help your project and organization make larger and larger accomplishments. By sharing in the process, you’re creating an environment where team members can feel pride and attachment to those outcomes. The key then is to share in the accomplishments. 

A leader’s actions will set the trajectory for any project and determine its possible success. Leaders as a whole are made from a series of experiences, reflection, iteration, and education. In fact, through self-awareness and education, most people can learn to become a more effective leader. 

To create sustained growth and success for your organization, you need to focus resources on educating your management team on more effective ways to lead your teams. 


Categories: Articles



Other Articles You Might Like
Arrow

Wealth & Finance International is part of AI Global Media

Discover our 10+ brands covering different sectors
APAC InsiderBUILD MagazineCorporate VisionEU Business NewsGHP NewsAcquisition InternationalNew World ReportMEA MarketsCEO MonthlySME NewsLUXlife MagazineInnovation in BusinessThe Business Concept