I recently read an article by Bruce Caris, my TAB colleague. He commented that in the current economic downturn there has been a lot of concern regarding how to make sure employees are held accountable and only top performers remain with the company. In reality, it takes, the same level of attention regardless of economic conditions.
Bruce suggests these four principles to create an environment of motivated, high performing employees:
- Mutual understanding and alignment of expectations
- Feedback on performance
- Opportunity to meet or exceed expectations
- Accountability and recognition
Research has found that employees are happiest when they know they are contributing. As business leaders, it is up to you to create an environment that promotes success. Reflect on these four principles and decide what changes you need to implement in your business.