5 Things Leaders Should Do to Grow Their Business and Crush the Great Resignation



Looking back at how the workforce and workplace have evolved over the last few years, what we do has not changed as much as how and why we do it. Increasingly, employees are looking for jobs that are more personally fulfilling. The call to action for many businesses, then, is the creation of a new set of working standards that put purpose and people first in the workforce.

People want to feel that they are connected and contributing to an organization that places value on cause, culture, collaboration, compassion, and creation. These concepts are critical to helping enterprises accomplish their commitments, promote growth, and increase profitability.

“When an organization’s business model is driven by a holistic purpose, alignment between its brand identity and sustained commitment to all stakeholders happens organically,” says Kim Christfort, National Managing Director of Deloitte Greenhouse. “Employees, suppliers, communities, and shareholders all feel a greater sense of meaning through the good and the bad times, and therefore are able to tackle challenges with greater ease and resilience.”

I connected with Christfort to understand how organizations have evolved in pandemic times and what they’re doing to put purpose at the forefront of their growth strategy.

Celebrate Cause

Although many people work to earn a living, they also want a career that contributes to something larger than themselves. Companies will need to establish a clear mission and express their values to both current and potential employees, ensuring that purpose is at the forefront of conversations. “Sharing a clear, compelling vision for the future while rooting it in the organization’s purpose – why we do what we do – is critical for attracting and retaining top talent,” said Christfort. “Regularly reporting out on progress towards that vision can also create a greater sense of camaraderie, accomplishment, and pride for the work that is done daily.”

Reframe Culture

Group norms, policies, rituals and celebrations, and shared language (such as Deloitte’s Business Chemistry framework) all contribute to an organization’s culture, according to MIT Sloan professor emeritus Edgar Schein. In the face of long-term hybrid work, employers will need to be more intentional about how they show and share what their values and expectations are.

Leaders have an opportunity to reshape culture holistically through providing cross-functional learning opportunities and creating time for bonding or networking. “Open dialogue across all departments on what’s working and what’s not within hybrid work is essential for optimizing the hybrid work model and reimagining the organization’s culture,” said Christfort.

Design Collaboration

By bringing more people to the table, virtual work leveled the playing field people for many and opened conversations around inclusion, but it also presents new challenges to equitable workforce experiences. Historically, equity has been considered in the context of diversity and inclusion, but in the return-to-work context, the definition considers different workplace preferences of hybrid, virtual, and in-person.

To mitigate potential inequities, hybrid organizations need to highlight the potential for in-group/out-group bias and work to train employees to design more inclusive meetings regardless of where individuals are working.

Cultivate Compassion

With the increase in flexibility in how and when individuals work, people are reporting higher levels of burnout and difficulty in finding work-life balance. Indeed, the job aggregator site, conducted a survey that found over half (52%) of survey respondents experienced burnout in 2021–up from the 43% who said the same in a pre-Covid-19 survey.

To combat this, leaders and employees alike will have to focus on increasing their empathic social skills such as active listening and information sharing. Tactical changes such as reducing meetings or addressing Zoom fatigue will continue in earnest.

Enhance Creation

The shift to hybrid work is also fundamentally changing the way employees generate innovative ideas. New technology allows for better brainstorming sessions regardless of whether individuals are in person or not. Leaders should also recognize that some of the best ideas come from unexpected parts of the organization, fostering new ways to draw out innovative suggestions.

The hybrid working model will remain top of mind when considering what is needed for sustainable growth and profits. Fostering communities that put an emphasis on cause, culture, collaboration, compassion, and creation will be the driving force in determining success for years to come.

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.



Credit: Source link

Discover

19,463FansLike
232,230FollowersFollow
74,838FollowersFollow
14,048FollowersFollow
2,920SubscribersSubscribe

Sponsor

spot_imgspot_img

Latest

Adult Acne Causes and Treatments

image: ImaxtreeEveryone told you things were going to be so much better in your 20s, especially for your skin. No longer would...

What Every Marketer Should Know About Instagram Impressions – Markerly Blog

Reading Time: 6 minutes When it comes to social media, there are a lot of metrics to keep track of. To ensure that...

This Award-Winning Hyaluronic Acid Serum Is a Game Changer for Dry Skin

We know that our body’s natural ability to generate hyaluronic acid (HA) depletes with age, and the ingredient is essential in any skin-care...

Make More Out of Your Antioxidants With This Aesthetician-Approved Hack

I’ve known celebrity aesthetician and NewBeauty Brain Trust member Nerida Joy for 14 years, and there are a ton of sage skin-care pieces...
en English
X