What’s the atmosphere like in your workplace right now? After enjoying the summer holidays and great weather, you’d hope that your people are feeling refreshed, recharged and full of energy. They may have spent some of their time off thinking about their lives, where they are right now and where they want to go, personally and professionally. So, this is the perfect time to discover what your employee motivations are, how you can meet those needs and finetune their performance.
Mind the time gap
Too many businesses rely on an annual appraisal to dig deeper with their staff, only taking time to pay closer attention if things go wrong. That’s a missed opportunity as performance management should be an ongoing and positive experience for everyone concerned. Often those yearly meetings are the time when goals are set, and performance is assessed, giving your staff months on end where little or no attention is paid to what drives and motivates them.
Last year, Gallup produced a report called Re-Engineering Performance Management, which contained statistics that should inspire every leader to think carefully about how they tackle this issue.
Gallup’s findings outlined four things that employees want from their employers:
• job clarity and priorities
• ongoing feedback and communication
• opportunities to learn and grow
Sadly, their statistics tell us that:
• 30% of employees strongly agree that their manager involves them in goal setting
• 27% strongly agree the feedback they receive helps them do their work better
• 22% strongly agree their performance is managed in a way that motivates them
• 19% strongly agree that they talked to their manager about steps to reach their goals
Imagine the opportunities being missed by businesses who fail to consider employee motivations vital to their growth.
Going for goals
Excellent communication is the cornerstone of a great company culture, although talking isn’t enough to get to the heart of people’s motivations and goals. At HCC, we use tools and techniques to explore these areas, including Motivational Maps and the Gallup CliftonStrengths assessment. These tools are specifically designed to get your people thinking about what drives them and where they want to go. It can be tough for staff to discuss career aspirations with their managers because growing and developing might involve leaving their role or the company. By taking these assessments, discussions about development can become natural and easier to manage. Only frank and honest conversations about the future will enable senior management to understand what their talent needs and find ways to deliver it.
People who feel stuck in a rut, unchallenged by their work and limited in their ability to change in the current employment are unlikely to perform to the best of their ability. The consequences of this sluggish attitude will be costing you money, and potentially restricting business growth. By having your staff participate in assessments like the Gallup CliftonStrengths, you’ll find out more about what they are good at in their current position, as well as discover what other talents and skills they possess. By collecting this extra information, you can begin to strategise how to make the most of what they bring, start adding value in their current role and pointing them towards what they are good at. You’ll also discover what they need to motivate them, and whether you need to change anything about their current and future positions in your firm to keep them.
Look to the future
It’s important to remember that in the modern world, professional development is on the non-negotiable list for many employees, particularly Millennials. As such, they expect their leaders to act as mentors and coaches, as well as managing them. To retain the people who will help your company grow successfully, you need to be an active participant in helping them achieve their goals. Right now, your workforce is full of untapped talent and hidden motivations that could be harnessed to deliver better performance and great results for your company. What are you waiting for?
If you’d like to press the boost button for your business, get in touch and find out how Hill Coaching Company can take your team to the next level.