The struggling economy is just one factor affecting employee morale -- and as a result, productivity. Where do you begin to help your employees and your organization recover?
Bursting dot-com bubbles, energy crises, market corrections, mass layoffs, reduced revenues, tightened budgets, terrorist attacks, market-recovery delays, ethical scandals, and more mass layoffs -- even among companies long known for their "no layoff" policies. And all of that in the past two years. Ahhhh, life in a market-driven global economy.
Unfortunately, all of that volatility has left its mark on nearly everyone, including your employees, and that can chip away at the productivity you'll be relying upon tomorrow.
On the positive side, there are many indications that an economic recovery is underway and will continue to stabilize and build, however modestly. So what do managers and leaders need to be thinking about now? Let's take the briefest look back, and then start looking forward.
In the past year, the focus for many corporations has been on sharply reducing costs and making due with tighter budgets, fewer staff members, and less assistance from outside contractors and consultants. Employees in many companies, while no doubt happy to have remained employed, are finding themselves feeling more stressed, cynical and fatigued.
Starting now, however, managers and leaders need these same employees to begin rallying to a call for heightened morale and productivity, as their companies look to ramp up again to regain solid footing and a strong showing in the marketplace. And this is one of the key challenges that leaders will face in the coming weeks and months.
Just speaking about an economic recovery is too shallow, since organizational productivity, strength and growth will require a recovery in other areas as well. Productivity in your organization -- in terms of the bottom line, which is usually how productivity is defined in the traditional business world -- will be contingent upon a recovery in alignment, trust, morale, meaning and motivation. Though productivity is often defined in numbers, it relies very heavily upon people and their attitudes.
Where do you begin? Here are a few areas:
For guidance on how your group can be more productive, contact Ivy Sea to discuss their assessment services.
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