Engagement Begins with an 'R'
With more than 65% of companies looking to retention of knowledge workers as a strategic imperative for growth on the heels of the economic crisis, it's worth pausing to consider the best ways to spot, engage, recognize and retain top talent.
While the conventional wisdom is that engaged employees are less likely to leave, how do you do it?
According to Paul Marciano's recent piece on SmartBlog on Leadership
there are seven critical ways in which managers can engage their employees by showing R.E.S.P.E.C.T:
- Recognition: Thanking employees and acknowledging their contributions on a daily basis.
- Empowerment: Providing employees with the tools, resources, training, and information they need to be successful.
- Supportive feedback: Giving ongoing performance feedback — both positive and corrective.
- Partnering: Fostering a collaborative working environment.
- Expectation setting: Establishing clear performance goals and holding employees accountable.
- Consideration: Demonstrating thoughtfulness, empathy, and kindness.
- Trust: Demonstrating faith and belief in their employees’ skills, abilities, and decisions.
It doesn’t take much to say “thank you” for a job well done. Yet the impact of those two words can be astounding, changing the way employees feel about themselves and their work.The Hive
helps you direct the flow of praise and acknowledgment, building stories of successful collaboration that tie directly to your company’s Mission, Vision and Values. A simple gesture of acknowledgment can become the foundation for a new way of getting things done.
This form of pure recognition has been a powerful way for organizations like TD Canada Trust to identify their top talent.