ReportWire

Tag: Office Culture

  • Quarter of bosses admit return-to-office mandates were meant to make staff quit | Fortune

    Bosses have spent the better part of two years summoning their employees back to the office, making remote-loving workers “quiet quit” in protest, while others have threatened to quit for real. But that’s secretly what a significant chunk of CEOs were hoping for.

    According to research from BambooHR, a survey of more than 1,500 U.S. managers found a quarter of C-suite executives hoped for some voluntary turnover among workers after implementing an RTO policy. 

    Meanwhile, one in five HR professionals admitted their in-office policy was meant to make staff quit.

    It’s why the report concludes what many workers have long suspected: that “RTO mandates are layoffs in disguise”.

    Return-to-office mandates haven’t gone as hoped

    It’s no secret that rigid in-office policies haven’t landed well with workersAmazon is perhaps the most documented example of how ugly the RTO battle can get.

    Around 30,000 employees signed a petition protesting the company’s in-office mandate, and more than 1,800 pledged to walk out from their jobs to take a stand. When the tech giant eventually demanded workers show face in the office five days a week, numerous staffers told Fortune they were immediately updating their LinkedIn profiles and “rage applying” for new jobs. “Honestly, I’ve lost so much trust in Amazon leadership at this point,” one person said.

    Research has shown 99% of companies with RTO mandates have seen a drop in engagement.

    Meanwhile, separate data shows that nearly half of companies with return-to-office mandates witnessed a higher level of employee attrition than they had anticipated, and 29% of companies enforcing office returns are struggling with recruitment. 

    Even BambooHR’s research has highlighted that nearly a third of workers would consider leaving their positions if forced to return to their company’s vertical towers.

    But in reality, many workers aren’t following through with such threats—and fewer are quitting than bosses had hoped.

    Nearly 40% of all managers in the survey said they believe their organization did layoffs because not enough workers quit in response to their company’s RTO mandate.

    A version of this story originally published on Fortune.com on July 24, 2024.

    More on RTO mandates:

    • Hushed hybrid’: Even as RTO mandates grow, workers still aren’t fully showing up to the office—a sign managers are too burnt out to enforce policies
    • Robinhood CEO admits his RTO call was wrong and now says execs must be in the office 5 days a week: ‘Your manager is going through more pain than you’
    • More than 60% of workers have considered changing jobs due to rigid RTO policies and would take a pay cut for better flexible work options
    Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.

    Orianna Rosa Royle

    Source link

  • No Joke: Experts Say You Shouldn’t Be Funny at Work

    There’s always one office joker, isn’t there? The person who can reliably stump up a pun like “I got a career through learning lock picking. It’s opened up so many doors…” when you need a pick-me-up on a humdrum work day. But according to a new report from marketing and management academics — experts who study humor in the workplace — you need to be careful if you’re in the habit of being funny at the office. Because it might backfire, and much of the time the effort isn’t worth the payoff.

    The researchers, from the Universities of Colorado, Arizona, and Melbourne, Australia, write in Phys.org advising that their research, as well as a “growing body of work by other scholars,” shows that it’s actually much harder to be genuinely funny than people think. And in a workplace setting, the downside of a joke landing badly may be larger than the upside you’d get from telling a real corker. 

    One big issue, the researchers point out, is that for a joke to be funny, it has to break certain social rules while simultaneously seeming harmless: jokes that are too lame “get yawns,” but jokes that violate too many rules may end up “triggering outrage.” Landing a joke is hard enough in a comedy club, they note, but in an office environment, the “razor-thin line” between hilarity and upset “becomes even harder to walk,” and what makes one colleague laugh may cross a line for someone else.

    All of this makes great common sense, of course. We all know that shifting social norms mean that some jokes thought funny and clean enough for the TV shows of yesteryear can make us cringe today. Meanwhile, the currents of today’s social norms are blowing in some challenging directions at the moment, meaning edgy jokes may be even more out of place. And while dirty jokes can work well among friends in a bar at night, they really don’t belong in the office because they dance right on that “razor-thin line” of distastefulness. 

    So what’s the problem with telling jokes at work? 

    The report highlights one issue, for example: the difference between women telling jokes and men — simply because women face “harsher backlash than men for behavior seen as offensive or norm-violating,” meaning the impact of trying but failing to be funny may be bigger for women. 

    And while some evidence shows funny managers were seen as having more confidence and being more competent, if their jokes flop, then their their status and credibility can take a hit. Worse, bad jokes can make staff lose trust and respect for a manager, harming their ability to give out advice. This may have bigger business impacts than you realize, as a recent report showing how much staff rely on middle-level managers proves. Plus bosses who are known to be jokers can risk pushing their staff into a position where they feel they have to act amused, even if the jokes are reliably bad. This can sap workers’ energy, sour the working atmosphere and even increase burnout.

    If this sounds like so much gone-off wine (sour grapes….get it?!) to you, and you feel humor really does have a place in your office, then read on. 

    The unfunny team does think humor has an important role to play in business. But it’s more of a backstage part, versus cracking “knock knock” jokes in the spotlight. Comedians often flip the script, the report says, with the audience thinking a shaggy dog story is going to have a certain ending, but then the punchline is a dramatic and funny pivot. Thus while telling jokes may not be worth it in the office, thinking like a comedian may be a valid business habit, the report suggests, because you may end up “reversing assumptions, cooperating to innovate, and creating chasms” which may lead to fresh perspectives, or innovative solutions.

    Of course, like many efforts to change company culture, that’s easier said than done. (And what’s easier done than said? Nothing!)

    Kit Eaton

    Source link

  • 1 in 5 workers are ignoring their companies’ RTO mandates

    1 in 5 workers are ignoring their companies’ RTO mandates

    Regardless of how many days per week workers—or their bosses—want to be in the office, nobody likes being told what to do. Case in point: nearly 1 in 5 workers are outright ignoring their employer’s mandates.

    That’s according to a new report from Resume Builder, which surveyed over 1,000 full-time U.S. workers at companies where a return-to-office (RTO) mandate has been implemented some time since 2020. 

    Just under 80% of workers said they follow the rules, while 18% occasionally ignore it, 2% “rarely” follow the policy, and 1% don’t adhere to mandates—at all.

    How do workers get away with snubbing their boss?

    To get away with RTO snubbing, workers told Resume Builder they’re getting crafty. 

    Many enlist a coworker for help—mainly asking them to swipe them in. 

    Others will sneak in for a moment on weekends and administer a swipe, just to make it look like their weekly tally is up to par. 

    But the most common tactic is the simplest: They flout the policy by simply leaving the office early.

    Broken down by schedule type, workers who are required to come in a handful of days per week—on a hybrid schedule, as Resume Builder puts it—have the highest rates of noncompliance with the mandate. 

    Just 3 in 5 hybrid workers follow their company’s RTO policy.

    Still, forcing defiant workers to show face five days a week in the hopes of increased compliance could backfire: Resume Builder’s respondents only want to be in-person for three days a week at most. 

    If their companies start taking a hard line on in-person attendance, more than half of workers said they’d sooner quit than comply. 

    Want your workers to comply with an RTO? Pay for their commute and some

    The reasons behind the noncompliance are exactly as one might expect; it’s simply inconvenient, and workers deem those in-office hours to be a poor use of their time. It’s also expensive; some estimates say between commuting or gas, lunch, parking, and pet care, each day of in-person work can cost $51

    Perhaps that explains why Resume Builder respondents had a straightforward answer as to what would actually push them to comply with the mandates: More money.

    In fact, 2 in 3 workers said a raise would move them to cooperate. They also wouldn’t mind their company’s help in paying for costs associated with a commute, like transportation benefits and a lunch stipend—or even better, catered lunch at the office. 

    In second place: More flexibility, including having their pick of start and end times to their workdays that best align with their needs. 

    Being a worker in 2024 means enjoying a level of flexibility that, prior to the pandemic, was unthinkable, Stacie Haller, Resume Builder’s chief career advisor, noted in the report. 

    While bosses once viewed remote work as a temporary stopgap as COVID receded, the toothpaste is out of the tube: Millions of workers, thrilled to avoid long commutes, sad desk lunches and early-morning routines, are demanding a better balance. 

    Remote work has become a “non-negotiable” for many professionals, Haller said. “Employers should know job seekers today still have options if they are looking to work remotely.”

    Companies need to balance their in-office desires with their workforce’s preferences, Haller concluded, “or they risk losing valuable employees to more flexible competitors.” 

    Just ask the Amazon employees who boss Andy Jassy is forcing back full-time in January, and are “rage-applying” to other, more flexible jobs as a result.

    Jane Thier

    Source link

  • How to Build a Workplace Culture Centered on Love, Abundance and Purpose | Entrepreneur

    How to Build a Workplace Culture Centered on Love, Abundance and Purpose | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    In recent months, the job market has sent mixed signals, particularly for college graduates. According to the Bureau of Labor Statistics’ latest report, the pace of hiring is down to levels not seen since 2009 in business and professional services. Unemployment rates for recent grads have risen, challenging young professionals to find positions that offer more than just a paycheck. As companies grapple with inflation and economic uncertainty, many leaders are shifting focus to build workplace cultures that foster loyalty and fulfillment beyond financial compensation.

    This shift is especially relevant for companies employing Generation Z, a generation deeply affected by mental health struggles linked to financial stress. How can companies create an environment that thrives beyond monetary incentives?

    Use the framework below to build a workplace culture centered on love, abundance and purpose.

    Related: Why You Must Stay Focused on Your Culture in Times of Economic Uncertainty

    1. Shift from scarcity to abundance mindset

    Most organizations operate under a scarcity mindset, constantly focused on bottom lines and immediate targets. This fear-driven approach can stifle creativity and limit an employee’s sense of belonging. To transition to a culture of abundance, leaders must first acknowledge that fostering genuine care and connection with their team is essential. One practical step is to take a “Clarity Break” — a dedicated time for leaders to reflect on their business and the culture they want to create, away from the daily grind.

    At EOS Worldwide, I emphasize treating employees as individuals with unique talents and contributions, aligning them with the company’s larger vision. This shift to abundance helps boost morale and encourages innovation, allowing employees to thrive beyond the confines of monetary incentives.

    2. Align your team with a shared vision

    A key to fostering commitment in the workplace is ensuring that employees are aligned with the company’s mission and long-term goals. People are far more motivated and engaged when they understand how their daily work contributes to a greater purpose. My business, for example, uses tools like Rocks, the 1-Year Plan, 3-Year Picture and 10-Year Target to ensure all employees have a clear sense of the company’s future and their role in achieving it.

    When employees see how their individual roles directly contribute to the company’s larger vision, they feel a deeper sense of purpose and ownership. Leadership also regularly communicates how their work ties into long-term goals and provides specific examples of how their efforts are moving the needle. This strategy helps increase motivation and fosters a stronger sense of belonging as employees understand they are integral to the organization’s success.

    3. Foster open, honest communication

    A workplace culture based on love requires open and transparent communication. Leading with heart isn’t always easy — it involves navigating tough conversations and addressing uncomfortable issues head-on. By fostering an environment of open dialogue, leaders can build trust and ensure that employees feel seen, heard and valued. It’s about thinking through the lens of the greater good and having genuine care and concern for all involved and impacted.

    Take Microsoft as an example. Under CEO Satya Nadella, the company underwent a significant cultural shift, prioritizing empathy and collaboration. This change in leadership style has made Microsoft a leader in innovation and employee satisfaction, demonstrating that when workers feel they are part of an open, supportive environment, they bring their best ideas to the table.

    Related: Open Conversations Are Often Stifled at Work — Here’s How to Break That Silence and Reach Your True Potential

    4. Encourage work-life balance and time for passions

    Abundance isn’t just about what happens within the workplace; it’s also about enabling employees to live fulfilling lives outside of it. A well-rounded culture must provide fair compensation and allow employees to pursue personal passions. At EOS Worldwide, employees are encouraged to read EOS Life, which offers advice on how to do what they love with people they love while making time for personal growth. Whether traveling, pursuing hobbies or contributing to nonprofits, this philosophy nurtures a more fulfilled and balanced workforce.

    This concept is also embraced by companies like Google, which allows its employees to spend 20% of their time on personal projects. Many of Google’s most successful products, including Gmail, originated from this policy. By encouraging employees to invest in their passions, companies can cultivate a more creative and engaged workforce where people feel valued for more than just their work output.

    5. Celebrate your people, not just their work

    Finally, building a culture of love and abundance means recognizing employees as people first. Celebrating individual milestones, personal achievements, anniversaries, upcoming weddings, births of new babies and non-work contributions can enhance the sense of community within a company. Work-life harmony isn’t about perfect equilibrium every day — it’s about harmonizing the demands of work and life in a way that allows employees to flourish in both. At EOS Worldwide, my team celebrates components of daily life in channels such as “pets-of-EOS,” “children of EOS,” “happy-place,” and “podcast-lovers” with pictures, videos and shares.

    Take a page from Southwest Airlines, which is known for its people-first culture. They don’t just recognize professional accomplishments — they celebrate personal milestones, too. By acknowledging the whole person, not just their work, Southwest creates an environment where employees feel truly valued, which in turn drives loyalty and satisfaction.

    Entrepreneurs can apply this by building recognition into their own companies, from small celebrations of personal wins to regular check-ins on employee well-being. This focus on individuals can lead to higher retention and improved team morale, boosting overall company performance.

    Related: Unlike Raises, You Can Afford to Give Your Team All the Recognition and Praise They Have Earned

    By embracing a culture of love and abundance, leaders can create workplaces that transcend the limitations of financial incentives. This approach aligns employees with the company’s mission and fosters an environment where they feel deeply connected and fulfilled. Through heart-led leadership, transparent communication and a focus on personal passions, companies can ensure that their teams thrive at work and in life.

    Kelly Knight

    Source link

  • How to Create and Maintain a Positive and Respectful Work Environment | Entrepreneur

    How to Create and Maintain a Positive and Respectful Work Environment | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    If you’re like me, you may often question where our civility has gone. We encounter rude behavior on our streets and highways. TV talk shows draw audiences by promising high-stakes conflict. Consumers think nothing of berating a retail worker who is just doing their job.

    While certain people can find rude and uncivil behavior entertaining, uncivil behavior is never entertaining in the workplace. Whether co-workers are being deliberately rude or just plain mean, the behavior destroys productivity. Left unchecked by managers, it also drives turnover.

    Because each individual may view uncivil behavior differently, it’s important to define the boundaries before we can attempt to correct incivility in an organizational setting.

    Related: 7 Ways to Create a Friendly Environment at Work

    Defining uncivil behavior

    Employees from many backgrounds and cultures populate today’s workplaces, and managers may struggle to set guidelines for what constitutes proper behavior. In the simplest terms, if an employee feels slighted or undervalued because of the way a co-worker or manager interacts with them, you have a problem.

    Managers who look at their phone during one-on-one meetings are being rude and are silently telling their employees they don’t matter. Employees who chastise co-workers who think differently than them are engaging in uncivil and potentially threatening behavior.

    The negative impact of uncivil behavior

    I learned firsthand how uncivil behavior can bring productivity to a standstill. I was away at a conference with a new employee where we were engaging with potential prospects and important contacts in the industry.

    Suddenly, my phone began to blow up with activity on our corporate Slack channel for senior leadership. After several minutes, with no letup in activity on the messaging platform, I realized there was an emergency — one that was far different from what I could have imagined.

    Two of our senior leaders, whose offices were no more than 20 feet apart, were arguing via text messages. As the argument grew more heated and showed no signs of being resolved, I had to excuse myself from the conference and my new employee, who was also witnessing everything in real time on Slack.

    What I needed most at that moment was for my two leaders to come to an agreement and return to productive work. I instructed them to walk down the hallway, get together in person and resolve the conflict. They did. And I learned a lesson.

    Having emotionally elevated conversations by email or text is a bad idea. People almost always find it easier to say things in those formats that they wouldn’t say to someone in person. Often, uncivil remarks emerge when the recipient misunderstands, usually due to the lack of vocal tone or facial expression. It is always better to have face-to-face conversations when you can’t agree on something.

    Our rule is this: If you need to write more than a paragraph, have the conversation person-to-person.

    Related: 6 Tips for Helping Employees Work Through Conflicts

    Setting and communicating your boundaries

    After that incident, I established a code of civility at my business. My leaders are expected to set the example for civil behavior. The major tenants of the code include:

    • Everyone deserves dignity and respect regardless of their role in the company, age, appearance, what they did last night or their political allegiances. When you engage in conversation with a co-worker, especially one you’ve disagreed with in the past, be intentional about maintaining civility in your remarks. Your job title is not a license to be condescending; it’s a responsibility not to be.

    • Always assume positive intent. When you encounter a dispute, or you believe an employee may have done something wrong, proceed slowly. Allow them to explain, whether it’s a co-worker or a member of your team. Instead of reacting emotionally and making a tense situation worse, listen closely. You may learn that you’ve read the situation incorrectly.

    • Don’t get furious, get curious. If you feel tense or anxious, your body is signaling you to ask more questions. When you are trying to diffuse an argument, your goal should be to clearly understand the problem through their eyes before you leap to offering a solution.

    • Speak to the person who is causing, or who can solve, the problem. When one team member has an issue with a co-worker, we encourage them to have the courage to speak directly to that person. “Sideways conversations” lead to gossip and misinformation. And we are also mindful not to make mountains out of molehills.

    • You can’t always control what happens, but you can always control how you react to it in every situation. You may not always be able to make the situation better, but you can always avoid making it worse. Loud or abusive language toward another employee cannot be tolerated.

    I expect all my employees to follow our code of civility and to always be trustworthy in all they say and do. This is mission-critical for management.

    Leaders set the standard for workplace culture

    As a CEO, I make it a point to emphasize civility in my workplace, which means I should be modeling the behavior I want to see. It can be challenging to self-monitor. When I suspect (or realize) I’ve failed, I own it and seek feedback.

    It’s not easy to hear candid feedback, especially from people who aren’t privy to all the information you are. So, I’ve had to learn, rather than responding to their comments immediately, to first thank them for having the courage and candor to offer it.

    Employees will not see you as a weak leader if you project a kind and self-aware persona. They’ll respect you for admitting to your shortcomings as they watch you work to improve yourself. The right managerial mindset can make a huge difference.

    Related: Here Are 4 Ways to Develop a Culture of Respect and Trust

    Maintaining civility in the workplace requires leaders to set examples through their words and actions. More importantly, managers should hire individuals who will be a good fit with a civil workplace.

    At my company, an employee who fits well with our culture and our customers is highly valued. But a team member who contributes to civility in our workplace is invaluable.

    C. Lee Smith

    Source link

  • Is Your Workplace Toxic? It Could Cost You Millions of Dollars | Entrepreneur

    Is Your Workplace Toxic? It Could Cost You Millions of Dollars | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    We have all heard the jokes online that if someone puts in their job listing that “we will treat you like family,” you should run away — that is the last thing that a company will actually do. To be completely transparent, I once consulted with a friend who worked with a company that said this, and they had an extremely high turnover rate.

    Employees at this company called and sent Slack messages at every hour of the day. The manager expected the employees to be available 24/7 even though the company itself operated with normal 9 to 5 hours. The manager would host a team meeting every month where they called out every single person on the team to tell them what they did wrong throughout the month — in front of everyone else. Achievements were never acknowledged in these team meetings.

    On the other hand, my friend also worked with a different company whose employees absolutely adored the work culture. If you made a mistake, the business owner acknowledged it and helped you understand ways you could improve in the future. There was never a punishment or scolding involved. She encouraged everyone to use it as a learning experience.

    She also recognized people’s strengths and would actively approach them about other opportunities. For example, she noticed one employee who was originally hired to answer the phone had an affinity for numbers and enjoyed budgeting. With a lot of encouragement from the team and a little training, that receptionist moved up to inventory management.

    All jokes and internet memes aside, the culture at your company can make or break your business.

    Related: How to Create a Workplace Culture Where Everyone Feels Like They Belong

    The cost of bad company culture

    According to the Society for Human Resource Management, it can take up to 6-9 months worth of an employee’s salary to find their replacement. That means losing a $60,000 employee can cost you up to $45,000 trying to find their replacement. Just to put this into perspective, that aforementioned company with the horrible work culture had an average six-month turnover rate for a team of 15 people. Let’s say they were all salaried at $60,000. That means every six months the company was essentially burning $675,000 — which adds up to $1.35 million per year. As you might have guessed, that company went out of business.

    Of course, company culture is far more than money. Morale, performance and finding top talent all take a hit with a lackluster workplace atmosphere. Without positivity and recognition of successes, employees feel as though they can never do anything correct, which leads to low morale and, in turn, low innovation and enthusiasm for the job. If someone does not care about their job, they will not do it well, leading to external issues for the company such as poor customer service and missed deadlines. And if the company is not able to innovate in our fast-paced ever-evolving world, the business will not survive.

    This then leads to employment issues. Companies with a negative reputation will find it difficult to hire top talent because no one wants to work in a place where they are not valued. According to an estimate published by Gettysburg College, the average person will spend 90,000 hours of their lifetime at work — that’s about one-third of a person’s life. People do not want to spend that time in a place that causes them stress or pushes them to the brink. This includes current employees too; people do not want to work at a place where they constantly fear losing their job; so, many people (once they realize the toxicity of the workplace culture) will quit. This leads to a never-ending, vicious cycle of talent coming and going, leaving the business without a way to grow.

    Related: 10 Excellent Company Culture Examples For Inspiration

    Create a culture that retains talent

    There has been a shift recently where people are not staying at jobs as long as they used to. You’ve most likely heard of people who worked at the same company for 50 years or more. Nowadays, it’s more common than not to hear of someone who has worked for multiple businesses over a span of just a few years. This is due to the kind of work, benefits included and — you guessed it — company culture. Having worked for almost two decades in the hiring industry, here are ways to create a company culture that will retain your top talent, save you money and help your business grow:

    1. Be present. Too many people want to own companies without having to be present to run them. If you do not want to work there, why would your employees want to work there?
    2. Lead by example. Everyone is human, and even artificial intelligence tools make mistakes. Use a mistake or problem as a learning example, and you might even be able to turn it into a marketing opportunity.
    3. Empower employees. Give your employees the opportunities to go further in their careers with training, certifications, etc. If someone wants to improve, help them!
    4. Celebrate achievements. Recognize successes and create goals that lead your team to receive rewards.
    5. Communicate openly. If something is going wrong, it needs to be pointed out. Do so in a professional manner so that the team can address the problem.
    6. Promote a work-life balance. Especially in a remote workforce, people are tied to their devices. Make them take breaks and vacations and set a range of working hours that encourage this balance.
    7. Offer incentives as part of the job package. Benefits play a big role too for potential incoming talent. Look at what your company can offer to entice employees to join your workforce.

    Related: How to Create a Work Culture That Can Survive Anything

    If you are not sure what to change with your workplace culture, go to the source and ask your employees. Their invaluable feedback will help you create a culture that encourages employees to stay and fosters top talent to grow with the business.

    Lesley Pyle

    Source link

  • 4 Common Blunders Companies Make When Creating Culture | Entrepreneur

    4 Common Blunders Companies Make When Creating Culture | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    It’s no secret that every successful company needs a solid, identifiable corporate culture. Statistics show that 88% of job seekers believe a healthy work culture is essential for success, and the younger generations now prioritize “culture fit” above all else when job hunting. Unsurprisingly, a strong corporate culture that keeps employees engaged directly translates to as much as a 202% performance increase.

    With such compelling data, it’s shocking how often startups fail in this regard. As a successful CEO and cofounder, here are four common mistakes I’ve seen and how to avoid them in your startup journey.

    Related: Lack of Trust — What Does It Do to Your Company?

    1. Not knowing when to transition from the “tribe” stage and into more structured processes

    My company, Flowwow, is currently in that awkward “preteen” phase where we’re no longer a startup “tribe” but not yet a large corporation. This creates tension because those who have been around since the beginning often romanticize “the good old days” and resist implementing more structured processes.

    Because this is often a challenging phase for brands, many cling to the “startup family” model of everyone doing everything for too long. This can hurt morale, motivation and long-term growth and heighten the risk of a brand stalling out at a critical stage. We tried to avoid this mistake by ensuring our overall mission was tightly aligned with the values shared by every person we hire.

    We ensure everyone feels supported and heard, confirming that everyone understands our flexible and adaptable processes. We also help place each person into a team that best suits their skills and personality so they feel useful, fulfilled and engaged. Remember that the data shows 85% of employees feel disengaged, yet 69% say all they need to feel happier and engaged is acknowledgment and recognition.

    2. Not allowing your culture to evolve with the brand

    Some camps believe brands should stay consistent over time, but we think that evolution according to the market and trends is far better for overall longevity.

    Remember: as your brand grows and matures, so should your corporate culture. As a founder, it’s your job to shift internal and external perceptions about your brand during these transitional times. Your core values should remain the same, but how you act on them makes the difference.

    For instance, when Flowwow shifted from a flower service to a gifting marketplace model, the founder’s job was to not only reframe public messaging but ensure we were highlighting the things most important to us as a brand: openness, transparency and quality.

    By making this our focus, we didn’t need to do anything specific to steer our culture; it naturally evolved from authentically shared values. These principles have remained steady over time, but our “value-driven” actions are more tangible: We provide resources like language learning, mental health assistance and medical insurance to show the team that our values are more than words.

    Related: How to Lead With Transparency In Times of Uncertainty

    3. Neglecting to establish top-down communication

    I’ve heard of many startups that have failed or floundered because the founding team felt they needed to hide hardships or only tell employees what they felt was “necessary.” Often, this is done with good intentions. They mistakenly think it will demotivate or alarm employees to hear about a crisis or difficult road ahead. Don’t fall into this trap! You hired these people because you trust and believe in them, so prove it by being transparent and allowing them to support you and each other.

    When management offers open communication lines, employees feel empowered to take responsibility, bring fresh ideas and make decisions in the brand’s best interests. HBR notes that good communication from senior leadership is a top driver for employee engagement.

    4. Forgetting that the founder is the heart and soul of the brand

    Founders often fall into the trap of playing Superman (or woman): They feel like they need to be involved in everything all the time, usually at the expense of their well-being. Initially, this might be necessary, but a founder’s top goal should be to find and cultivate a core team that can be trusted to take over most of the daily tasks.

    A strong, compelling corporate culture needs an axis on which to turn, and that axis should be the founder. Instill your values into every person you hire, and then let all the things that made you want to hire them shine through. Use your influence and passion to improve, amplify and direct the company. By acting as your team’s safe, trusted harbor, you allow your corporate culture to blossom organically, resonating with both employees and customers.

    It’s vital to avoid letting yourself burn out. You are an example for everyone, so it’s your job to pay attention to your mental well-being and continually work on understanding and managing your emotional impulses. Acknowledge your limits, act within them and let your team see that you’re human. This sets the foundation for a healthy, honest atmosphere.

    Related: How Being Transparent Helps Scale Your Company

    The future of work is now, so don’t let your culture lag behind

    Corporate culture is essential to present and future organizational health and longevity. Watch factors like absenteeism, participation and even body language to get a complete picture of whether your brand’s atmosphere needs work. Remember, a healthy organization balances stability and growth, and lasting improvements must always be top-down.

    Slava Bogdan

    Source link

  • How to Build a Culture of Radical Honesty (and Why You Should) | Entrepreneur

    How to Build a Culture of Radical Honesty (and Why You Should) | Entrepreneur


    Opinions expressed by Entrepreneur contributors are their own.

    What keeps me up at night? Watermelons.

    As a CEO, my biggest fear is that the digital dashboards capturing my company’s vital signs are the business equivalent of that tropical fruit — green and firm on the outside, but red and mushy underneath. At first glance, everything looks solid. Then one morning, I get a call from a client asking, “What the hell is going on with A, B or C?”

    This concern isn’t fair to my team, who consistently exceed my expectations. But the reality is that for many leaders, such nagging fears can persist. When there’s a problem, the last thing you want is for people to give you the impression — intentionally or not — that things are better than they truly are. So, how do you avoid this?

    For the past few years, I’ve led a company in an industry facing astronomical demand. One of the biggest lessons: The agility, operational excellence and innovation required to meet this challenge requires building a culture of radical honesty.

    Here are three ways that leaders and their teams can embrace radical honesty — and reap the benefits of better decision-making and a true picture of where the business stands.

    Related: How to Employ Radical Candor in the Workplace With 5 Simple Steps

    Encourage your people to admit their weaknesses — and play to their strengths

    A simple formula for business success: Do things consistently better than the competition, and those wins will compound over time. The key to pulling it off? Let people focus on their strengths and delegate everything else.

    That calls for honesty and transparency. “Fake it till you make it” doesn’t always work in business, where pretending can have disastrous consequences. As a leader, I want people to do the opposite — by asking for help and saying, “I don’t know.”

    One way to do this is by empowering and trusting team members to be rock stars in their domain. That makes our company better at creating innovative technologies, tackling new markets and responding nimbly to changing conditions.

    But at the same time, as I urge people to lean into their strengths, I give them permission to be less adept at other things. For example, if a member of my leadership team is no good at financial underwriting, I tell them to own it like a badge of honor.

    After all, that’s what hiring is for. To make up for their lack of knowledge and expertise in a particular area, we can bring on someone to fill the gap. It’s my job as CEO to explain that the goal isn’t to undermine or replace them, but to help them focus on what they do best.

    There’s a direct line between that mindset and business results. In one study, companies whose CEOs excelled at delegating grew more than twice as fast as those with a less skilled delegator at the helm.

    Don’t default to the rulebook

    For leaders, honesty is nearly always the best policy, even if it means ruffling a few feathers or going against convention.

    Sometimes this requires poking holes in well-intentioned ideas that also happen to be intellectually lazy. This came up recently in a chat with my team about how we plan to meet the demand that AI is creating in our industry. While some of the ideas presented were sound, others needed more probing.

    Take the argument for keeping someone in a management role because they’ve done the job forever. Many companies default to this way of thinking, but what if they’re overlooking a newer hire with a fresh perspective and a natural ability to inspire the team? To me, sticking with option A isn’t an intellectually honest approach.

    As hard as it is, leaders can’t escape making these kinds of tough decisions. Without abandoning all loyalty to people, they should consider what’s best for the business and make pragmatic rather than emotional choices. Even if those decisions aren’t always popular.

    In a broader sense, being intellectually honest means knowing when adhering to the rulebook is hurting the company, not helping it. For example, I’m a big believer in hiring top talent, telling them where our True North is, and then letting them figure out the best way forward. If somebody needs a course correction, that can be addressed. But expecting the entire team to follow every company rule to the letter? That will only slow us down.

    Related: Stop Lying to Your Team — And Yourself. Try Radical Honesty Instead.

    Give the team a license to speed without getting a ticket

    Leading with radical honesty also requires getting real with yourself and your team about how willing you are to embrace failure.

    At our latest companywide offsite, I told people I want them to fail more. For a business, that isn’t as risky as it might sound. Companies that are serious about innovation should be willing to try new things and pivot fast if they don’t work.

    Take Airbnb, which didn’t begin by building an elaborate home rental website. Instead, the founders tested the waters by renting out their own loft online. Google Glass — released by a company famous for its “moonshots” — is a good example of a failed experiment. When its smart glasses didn’t catch fire with consumers, Google moved on.

    Encouraging creative destruction means removing the fear of failure, a major cause of inaction. Within reason, people should be able to fail out loud without worrying they’ll get fired.

    For me as a leader, there’s little risk because I’ve hired talented people who are laser-focused on executing well. All they really need is a license to speed without getting a ticket.

    Unfortunately, many business leaders don’t see things that way. Despite all the rhetoric around moving fast and breaking things, less than half of companies have a leadership team that regularly tolerates small-scale failures, according to a recent global survey of CEOs.

    Someone should explain to them that the rewards of letting people fail can be substantial. In a study of 120 tech startups, those committed to learning from failure produced greater scientific output, raised more capital and innovated more.

    Of course, businesses must also know when to play it safe. For Amazon founder Jeff Bezos, there’s a big difference between “experimental failure” (good) and “operational failure” (bad). It’s the same at my company, where the mission-critical computer and electrical systems that power our facilities don’t leave much room for error. But even there we get creative — for example, by finding innovative ways to keep the lights on during a blackout.

    Related: How to Allow Room for Failure and Create a Successful Work Environment

    For leaders and their teams, the biggest benefit of a culture of radical honesty is the elimination of fear: that employees will get into trouble for taking risks, that folks aren’t good enough at their jobs or that the company is actually on shaky ground.

    Ultimately, ensuring that everyone knows where they and the organization stand is a competitive advantage, thanks to a more engaged workforce, a clear view of where the business needs to grow and iterate, and a culture where people feel as emboldened to innovate as they do to ask for help. When it comes to performance, what you see is what you get. So, here’s to keeping watermelons where they belong — at the company picnic.



    Andrew Schaap

    Source link

  • Bank of America Threatens Employees Who Don’t Return to Office | Entrepreneur

    Bank of America Threatens Employees Who Don’t Return to Office | Entrepreneur

    Bank of America has instituted a strict return to office policy for employees that threatens “disciplinary action” to those who don’t comply, according to documents seen by the Financial Times.

    The company reportedly sent “letters of education” to workers who have not been coming into the office to warn them that they could face trouble in a matter of weeks should their behavior not change.

    “Failure to follow the workplace excellence expectations applicable to your role within two weeks of the date of this notification may result in further disciplinary action,” one of the letters said, according to the Financial Times.

    Related: Bye Bye Summer Fridays: Goldman Sachs Employees Mandated to Return to Office 5 Days a Week Amid Turmoil

    According to Insider, the bank began sending letters at the end of last year, and most employees who receive one will have received some initial warning before the formal document.

    Bank of America requires most employees to come into the office at least three days a week, a policy it implemented in October 2022. Employees in client-facing roles are encouraged to return to the office five days a week.

    “You are receiving a letter of education for failure to follow the minimum expectation regarding your work location set by the Workplace Excellence Guidelines despite requests and reminders to do so,” a letter allegedly posted by a Bank of America employee said. “You are expected to adhere to all expectations of your role. Failure to meet expectations of your role in the future may result in further action.”

    Bank of America currently employs an estimated 160,000 people.

    The bank isn’t the first to crack down on in-office policies among employees.

    This summer, Goldman Sachs reportedly told employees they needed to be in the office five days a week. However, the bank claimed it was “simply reminding our employees of our existing policy” when asked about the protocol.

    Bank of America was down just over 5.3% in a one-year period as of Friday afternoon.

    Related: Amazon CEO Andy Jassy Cracks Down on Return to Office Policy

    Emily Rella

    Source link

  • How to Avoid the Pitfalls of Toxic Positivity in the Workplace | Entrepreneur

    How to Avoid the Pitfalls of Toxic Positivity in the Workplace | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    In the modern workplace, the concept of “toxic positivity” has become a subject of increasing concern. This term, trendy yet often misunderstood, refers to an overemphasis on positive outcomes and attitudes, to the extent that it becomes detrimental. It’s a phenomenon akin to the character Stuart Smalley from “Saturday Night Live,” who symbolizes the new age optimist, constantly affirming positivity, regardless of the underlying truth.

    We all know someone like this whose overwhelming positivity slowly withers the soul from within. While seemingly harmless, such behavior can mask deeper insecurities and disconnect us from our authentic selves.

    Eastern philosophies and warrior sage traditions teach us about the delicate balance between positive and negative forces. They assert that an environment — be it a world, company or organization — can never be wholly positive or negative. This natural balance is dynamic, ever-shifting and essential for genuine human interaction and growth. Recognizing this balance is crucial in avoiding the extremes of both toxic negativity and toxic positivity.

    Related: How to Avoid Toxic Positivity

    Toxic positivity: A workplace dilemma

    In the corporate world, toxic positivity often manifests as a facade of relentless optimism. This facade is characterized by superficial interactions where authentic feelings are suppressed in favor of a constantly upbeat demeanor. This creates a workplace culture where genuine communication is replaced by shallow exchanges and real issues are glossed over.

    The illusion of constant positivity:

    The illusion of constant positivity in the workplace can lead to significant problems. It creates an environment where employees feel pressured to mask their true feelings, leading to a lack of genuine human connection and understanding. This pressure to maintain a positive front at all times can result in repressing negative but necessary emotions, culminating in unexpected emotional outbursts.

    The power of authenticity:

    The solution to toxic positivity is not a swing to relentless negativity but a balanced approach that values authenticity. Authenticity, being true to oneself and others, resonates more deeply than forced positivity. It fosters an environment of trust, respect and genuine connection. In an authentic culture, people are encouraged to express their true feelings, experiences and perspectives, leading to more meaningful and constructive interactions.

    Related: What Is ‘Toxic Positivity’ and Why Is It Bad for the Workplace?

    Shifting from positivity to authenticity

    The shift from a culture of toxic positivity to one of authenticity requires a conscious effort from organizational leaders. It involves acknowledging and embracing the full spectrum of human emotions, not just the positive ones. Leaders must create a space where employees feel safe to express their genuine feelings, whether they are positive or negative.

    To cultivate an authentic workplace culture, leaders must first recognize the signs of toxic positivity. These signs include a lack of genuine communication, a culture of forced niceness and an avoidance of addressing real issues. Once identified, leaders can implement strategies that foster authenticity, such as encouraging open and honest communication, creating forums for sharing diverse perspectives and recognizing and addressing the challenges employees face.

    Training for authentic leadership:

    Leadership development, in its essence, is about equipping leaders with the tools necessary to build a culture of authenticity within their organizations. Such training focuses on nurturing leadership skills that are pivotal in facilitating honest and empathetic communication, creating a supportive team environment and encouraging team members to embrace and express their true selves.

    This approach to leadership development emphasizes the importance of understanding and empathy in fostering a genuine connection within the team, which in turn cultivates a more dynamic and authentic workplace culture.

    The role of empathy and understanding:

    A critical aspect of cultivating an authentic culture is empathy. Leaders must strive to understand the experiences and perspectives of their team members. This understanding helps in creating a supportive environment where employees feel valued and heard. Empathetic leadership fosters a sense of belonging and can significantly enhance team dynamics and productivity.

    Embracing the full spectrum of human experience:

    To build a healthy, authentic workplace culture, it’s essential to embrace the full spectrum of human experiences. This means celebrating successes and joys, as well as being open to hearing and understanding the challenges and struggles. It involves shifting focus from external roles, often associated with a facade of positivity, to a more profound connection with our authentic selves. When we operate from a place of authenticity, the dichotomy of toxic positivity and negativity naturally dissolves.

    Related: How to Create a Thriving Workplace by Leading With Authenticity

    Fostering authenticity for a healthier workplace

    The challenge in contemporary workplaces is to move beyond the superficial layer of forced positivity to foster a culture of authenticity and truth. By understanding and addressing the nuances of toxic positivity, organizations can create a more balanced, empathetic and effective work environment. This shift is not just about avoiding the pitfalls of excessive optimism but about embracing the complexity and richness of human experiences in their entirety.

    A workplace grounded in authenticity is one where every individual feels valued, heard and understood. It is an environment where the full range of human emotions is acknowledged and respected, fostering genuine connections and a sense of community. In such a setting, employees are not just workers but human beings with a diverse array of experiences and perspectives.

    Ultimately, the goal is to create a workplace culture that values honesty, integrity and authenticity above all else. This culture should be one where leaders are open to receiving and understanding their team members in all aspects of their lives — personal and professional. By prioritizing authenticity over superficial positivity, organizations can cultivate a truly healthy, dynamic and thriving workplace.

    Satyen Raja

    Source link

  • Creating This Type of Culture Helped Our Company Triple in Size | Entrepreneur

    Creating This Type of Culture Helped Our Company Triple in Size | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    When I joined my company in a leadership role nine years ago, I had an outsider’s lens in more ways than one.

    Not only was I new to the organization and the people who ran it, but the industry of in-home healthcare was a big pivot from retail, where I had spent most of my corporate career.

    What struck me the most as I embarked on new terrain, was the genuine kindness I witnessed from our people who were servicing our clients with great compassion. Our business isn’t built on transactions — it’s built on trust. Our clients have to feel confident in our ability to support and care for their loved ones.

    As genuine as our approach was, it was also clear there were areas where our corporate culture needed reshaping. For example, I recall walking into our shared kitchen daily, only to find the sink overflowing with dirty dishes. In meetings, I would hear people blame other team members for performance issues — signs that discipline and self-responsibility weren’t being prioritized.

    At the time, we had roughly 40 franchise locations, primarily in Canada. It was a healthy achievement, but I knew if we wanted to grow and expand internationally, we had to transform our culture and people practices.

    Today, we have more than 300 franchise locations in four countries and have grown our revenue by more than 200%. We’ve also developed a culture where 60% of our people have grown into different roles, allowing them to build new skills and challenge themselves. Here’s how we’ve accelerated the growth of our company and developed our people by creating a culture of bold kindness.

    Related: Why Patience And Kindness Need To Be At The Center Of How You Run Your Business

    Defining a culture of bold kindness

    Bold kindness is more than exercising empathy on a client phone call — it’s about shifting from a culture of “nice” to one of accountability while creating an environment where people feel their personal wellbeing matters.

    Creating a culture of self-discipline and accountability doesn’t require instilling fear or pulling corporate rank — in fact, it’s quite the opposite. We’ve found when you empower your team at every level to play a significant role in decision-making, you can exercise kindness and care for their wellbeing. This inadvertently helps build intrinsic motivation where teammates are driven to take ownership over their own work.

    According to data from McKinsey employees who are intrinsically motivated are 32% more committed to their job, have nearly 50% higher job satisfaction and perform 16% better than other employees.

    Today, everyone in our company works towards the same vision — we call it our “painted picture.” We set bold goals, and each one of us is accountable for helping achieve them, but we also respect that every team member has their own process for getting there.

    This intentional shift towards balancing a culture of self-responsibility with care for our people shows up in every aspect of our teams’ performance. From putting their own dishes away in our now well-maintained shared kitchen to the increase in our Net Promoter Score from the low 50s to the high 70s — bold kindness has motivated our team to achieve exceptional results and to be proud of the work the team has done.

    Related: Compassion Will Boost Your Business: Making The Case For Showing More Kindness At Work

    Knowing the people behind your performance

    We recently had two people within our company become first-time dog owners. We celebrated these milestones similarly to how we would if a team member had a baby. We were flexible in allowing our new dog owners to work from home and allowed them to transition back to in-office hours on a schedule that worked for their unique situation.

    In both circumstances, we wanted the underlying message to be clear: We value you, and what you’re going through matters. Operating from a lens of bold kindness means taking the time to understand your talent as people first. By celebrating and supporting each team member’s journey, both personal and professional, you foster a sense of belonging and care within your workplace.

    New research shows that when employees feel a sense of belonging at work, they are five times more likely to want to stay at their company. On the other hand, employees who feel insecure about their place within an organization are less likely to collaborate, share their creativity or perform to their highest potential.

    In contrast to traditional corporate environments, when our people come to work, they aren’t expected to leave personal matters at the door. If we ask someone how their day is going and they sound off — we stop to check in. We want to know what is really going on with our teammates, whether it’s personal or professional.

    Encouraging people to show up as their whole selves to work isn’t a license to forgo professional duties when a personal matter arises; it’s acknowledging the circumstances they are facing and supporting them through it so that they can do their best despite the distraction.

    Related: How Your Company Culture Can Be a Force Multiplier (For the Good and the Bad)

    Showing up as a human-first leader

    As CEO, I’m not immune to personal challenges. Just as I encourage my people to show up as their authentic selves at work, I’m transparent about my life with my team. As a leader, I’m aware that how I show up at work sets a tone, and it’s my responsibility to shape an environment where everyone can thrive.

    When I walk in on a Monday, I take time to greet everyone and listen with genuine interest as I hear about their weekends. These personal connections have been essential to our team’s success.

    A global study by the International Social Survey Program, published by the Harvard Business Review, showed workplace relationships have a significant impact on job satisfaction. Not only that, but researchers at the Universities of Pennsylvania and Minnesota have confirmed close relationships at work increase productivity and result in higher levels of commitment, better communication and morale.

    I’ve worked in traditional business environments where orders are expected to be followed without question and where parts of my identity weren’t welcomed. I’ve experienced firsthand how that kind of culture kills morale and innovation, and it always comes from the top.

    Bold kindness isn’t taught in traditional business schools yet, but for us, it’s been a game changer. Not only has the shift in our culture helped us triple our company’s size and expand internationally, but it’s also created a work environment where I and everyone around me feels supported and inspired.

    Cathy Thorpe

    Source link

  • Want Employees Back in the Office? What Leaders Are (Still!) Getting Wrong About This Ask | Entrepreneur

    Want Employees Back in the Office? What Leaders Are (Still!) Getting Wrong About This Ask | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    For all the reports of loneliness and isolation experienced during the pandemic, it’s no secret that a significant portion of the workforce became habituated to working from home. Many found the increased time autonomy, the lack of commute and the flexibility refreshing, if not freeing.

    Well, the party’s over.

    Last year, people began returning to the office en masse. According to Build Remote, in 2022 approximately 34% — twice that of the previous year — of all Fortune 100 companies requested their employees return to the office. For those still working at home, the news gets worse; Resume Builder reports that 90% of companies plan to be back at the office by the end of 2024.

    This presents its own set of problems. For business leaders, one of these is the question of how to ask employees to come back. But armed with the knowledge of what others have done right (or drastically wrong), it would behoove them to think about how they approach communications on this.

    As a business leader who supports other business leaders with how they communicate with stakeholders, I’ve seen firsthand how taking a compassionate approach to communicating policy changes can further the employer-employee bond, energize a workforce and take the edge off challenging conversations. Yes, including the RTO ask.

    Here are some tips to get it right.

    Related: 3 Mistakes You May Not Realize You’re Making When Bringing Employees Back to the Office

    Dig deep

    It sounds simple, but before asking their employees to return to the office, leaders should ask themselves: Why do I really want this?

    Is it because returning to a work environment is what everyone else is doing? Or because it seems like the correct course to take? Or is it even due to control issues? If your motivations are rooted in a scarcity rather than an abundance mindset or impulsive feelings, it’s worth taking a second look and ensuring they aren’t informing strategy that could do more damage in the long term.

    One of many dangers of not thinking through your own motivations is coming across as unclear and out of touch. In a virtual town hall recorded in April, Clearlink CEO James Clarke awkwardly praised an employee for selling the family dog after hearing about the company’s RTO policy and questioned whether single mothers or primary caregivers could really work full-time jobs.

    This was a textbook example of somebody who was making an ask from a lens of control and operational scarcity, who was not clear on the data, and who was throwing out confusing and alienating concepts to justify the return to work. Not only was this ineffective, but his communication blunder led to widespread negative coverage for his organization and his leadership.

    Look to the data

    While personal reflection is a good starting point, one of the benefits of no longer being in the immediate post-pandemic period is that leaders now have access to some telling numbers around barriers and motivations for returning to a physical workplace.

    According to a 2022 Microsoft Work Trend Index, the main attraction of coming back is the social aspect: 85% of employees say they would be motivated to go into the office to rebuild team bonds, while 84% indicated they would return to work for the chance to socialize with coworkers.

    This is gold for business leaders. CEOs and company heads who emphasize human connection and collaboration in the workplace are more likely to receive buy-in. No matter how comfortable and convenient your employees’ home offices might be, they may still miss the water-cooler chitchat about the latest hit streaming show and the sense of mission that comes from being around like-minded people. Simply put: Framing an office come-back of any duration as an aspirational opportunity for collaboration and connectedness vs. a punitive measure rooted in control is a great place to start.

    Related: We Know Return to Office Mandates Backfire — So Why Are Tech Giants Like Amazon, IBM and Zoom Reinstating This Outdated Policy?

    Use humility and empathy as a North Star

    Words like empathy and humility get thrown around a lot, but they do matter here. If you want people to show up for you, show up for them.

    Put yourself in your employees’ shoes. What kind of challenges do they face? Arm yourself with the information before you make that choice and that call. If you have a people team or access to HR data, leverage those things to get more insight into what is keeping employees at home and what would incentivize them to come back. Figure out their barriers to entry. Do they need childcare options? A less costly commute?

    Also keep in mind that the blending of home and work life during the pandemic fundamentally may have changed things for people, particularly for caregivers. Acknowledging and accounting for the added stress that a return to the office may bring reassures them that the reality of their experience isn’t being erased by the renewed physical barrier between home and work.

    Commit to being present, too

    Finally, business leaders have to walk the walk as well as talk the talk. I’ve heard many stories of CEOs asking employees to come back, while rarely coming in themselves. Not a good look.

    Obviously, as a leader with travel and business obligations, you’re not going to be able to be in the office 24/7 — and you wouldn’t have been before this situation, either. But it is important that, especially in those early days of asking people to come back in, you are intentional about being present, making your face known (and seen) and demonstrating that enthusiasm that you’re asking others to bring.

    Related: 3 Simple Ways to Motivate a Remote Workforce

    That means everything from welcoming people back personally to showing your face around the office to, when possible, attending town halls and meetings in person. And it means continuing to ensure that whatever policy you have instituted is still working. Keeping those lines of communication open and responding to changes as they come up are ways that leaders can continue to show that this is a journey for them, too.

    Growing pains — or in this case, returning pains — are inevitable after a paradigm-shifting event like the pandemic. But by being clear and intentional in your communications, embracing empathy and leveraging data, your RTO ask might actually energize and inspire your workers.

    Caroline Carter-Smith

    Source link

  • 3 Ways to Foster a Culture of Curiosity | Entrepreneur

    3 Ways to Foster a Culture of Curiosity | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    I believe that a culture of curiosity pays dividends to not only any organization but also any relationship. In my work with my clients, especially when coaching co-founders and leadership teams, I see that nothing creates disconnection faster than an attachment to being right. There’s nothing wrong with pursuing the right answer or having conviction in a point of view, but the danger is when a point of view becomes connected to our own egos and identities. This is not the search for what is right, but rather an individual righteousness that flies in the face of truth.

    Curiosity, on the other hand, fosters connection and builds up relationships. It creates space for innovation and creativity. It allows, still, for strong perspectives, but it creates the openness to evolve. It is the lifeblood of healthy, adaptable organizations.

    So how, then, can we each take the responsibility to be curious, role modeling that for our teams and our peers? Three things have come into focus time and time again, three ways of helping to invite more curiosity into the workplace: staying present in the here and now, separating observation from imagination and letting go of binary thinking.

    Related: A Culture of Curiosity Is the Key to Building a Company That Learns to Improve

    Staying present in the here and now

    I often say that “the past tense is the language of blame.” It’s incredibly hard to have a grounded, curious conversation when we’re pulling in stories and arguments from the past. The same goes for spending too much time in the future tense. Sure, we need to learn from past mistakes and plan for future considerations, but these conversations should be grounded in the present around what we can learn or what we can do now.

    The risk of being too past-focused is that we end up arguing about our own versions of history and the he-said-she-said. The risk of being too future-focused is that we speak in hypotheticals, usually focused on our own supporting facts and data. Again, there’s nothing inherently wrong with looking to the past or future, but to foster curiosity, try staying in the here and now. Lean into your own present-focused statements around your beliefs and feelings.

    Separating observation from imagination

    An observation is anything that could be played back on a video recording. It doesn’t mean it’s 100% correct, as a lot of research into the accuracy of memory shows, but it is objective in nature. An imagination is any story or judgment that we make up about our observations. It’s inherently subjective in nature and grounded in our own assumptions.

    It’s helpful to keep the distinction in mind and to categorize our thoughts into one of the two camps. The implication here is that, while we can be reasonably confident in our observations, we must create some space for curiosity when our imaginations make up a story. Even more powerful is to use this language in practice. Call out your observations and imaginations out loud — for example, “I saw your eyebrows raise when I shared my quarterly results, and I’m guessing that you’re surprised.”

    Related: Cultivating Curiosity Is What Drives Innovation

    Letting go of binary thinking

    The risk of binary thinking, or thinking in black-and-white, absolute terms, is that we might oversimplify a complicated idea and miss other perspectives. I see this most often when it comes to receiving feedback. The natural human response, when we get a piece of feedback, is to ask “Is it true or not?” Implicitly, we’re putting the feedback into either the “true” bucket or the “false” bucket. In doing so, we’re missing out on the precision of asking “Which parts of this are true?”

    The latter approach invites openness and learning, while the former does not. It can be difficult to spot binary thinking, as it’s an easy default for our thought processes. But anytime we can spot it, we create an opportunity to expand the conversation away from either/or and into curiosity.

    There are many ways to foster more curiosity in our organizations and relationships, but start with trying to stay present in the here and now, separate observation from imagination, and let go of binary thinking. Importantly, these are all things that we can do ourselves. We can take ownership of creating the culture we want and invite others into it as a result. Start by choosing just one of these three ideas and, with it, one commitment or action that you can do each day for the next few weeks. See what happens, and build on what works.

    Good luck on your journey.

    Related: Passionate Curiosity Is the Game Changer You Seek

    Jason R. Waller

    Source link

  • How Leaders Can Foster a Sense of Belonging in the Workplace | Entrepreneur

    How Leaders Can Foster a Sense of Belonging in the Workplace | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    When employees feel a sense of belonging in the workplace, they’re free to be their authentic, true selves, which makes it easier to show up, engage with others, create solutions and perform well. People who don’t feel workplace belonging experience anxiety, (dis)stress and mistrust that ultimately hampers their performance and creativity. That’s why entrepreneurs and leaders should design organizational policies and practices to encourage it.

    Well-known, but nonetheless important, examples include knowing a team member’s name, welcoming them into the company through appropriate onboarding procedures and traditions, and regularly checking in to see how things are going through staff meetings, one-on-one huddles and feedback-based performance evaluations.

    In this article, I draw upon an impressive array of data from our recent studies with corporate, non-profit and legal consulting clients to put forth fresh ideas for boosting workplace belonging. Fresh ideas lead to specific solutions and useful examples from companies witnessing solid results.

    Related: Employees Want to Feel a Sense of Belonging at Work. Here’s How Leaders Can Make That Possible.

    Fresh ideas

    It’s no secret that workplace belonging is an essential component of employee engagement. When employees feel like they belong, it results in positive work-life balance, better relationships, low(er) stress levels, greater productivity, low staff turnover, higher job satisfaction ratings and better performance metrics.

    For example, in one study, high sense of belonging among employees was strongly linked with a 56% increase in job performance, 50% decrease in risk of leaving and 75% reduction in sick days. For a company of 10,000 people, this could mean annual savings of more than $52 million. Figure 1 presents a summary.

    The benefits of workplace belonging are indisputable. But how can entrepreneurs and leaders foster a sense of belonging within their organization? Belonging must be more than a buzzword. It refers to a feeling, a perception or an emotional connection that makes people feel accepted, respected, safe, secure, valued and understood at work, just as they are. One way to do this is by listening to and sharing team members’ stories about who they are, what they value, where they are from and what they love to do, both inside and outside of work. This is a great opportunity for humanizing the workplace — showing that the organization cares about its people and their well-being.

    Another way to promote workplace belonging is to provide meaningful opportunities for connection, collaboration and social interaction amongst your team members. These vary in form and fashion, but our work with dozens of companies shows several fresh approaches to book clubs, employee resource groups (ERGs) and other affinity groups. Business leaders can also encourage employees to interact and share their fresh ideas and perspectives through staff pulse polls, feedback channels or team meetings by providing special breakout rooms or skipping-level meetings.

    Specific solutions

    To build a culture of belonging, managers must strive to make all employees — whether in-person, remote or hybrid — feel like they belong by caring for their colleagues, advocating for each person’s needs, making or holding space for all voices to be heard and investing in their professional success. Additionally, leaders should be mindful of the impact of isolation in the workplace and take measures to prevent it, such as implementing formal staff mentoring programs or planning regular check-ins with individual staff members and teams. This will ensure that all employees have the resources they need to do their jobs well, thrive professionally and feel like they belong in their organization.

    Business owners and leaders should also foster a culture of trust by encouraging honest dialogue, promoting anti-racist and non-judgmental practices, praising vulnerability and being mindful of power dynamics, especially in difficult situations.

    A good place to start is fostering employee advisory groups, championing diversity, equity and inclusion (DEI) promising practices and ensuring that everyone has a safe, brave space to share their doubts, concerns, complaints and fears through electronic channels, climate surveys, feedback loops and one-on-one meetings with mentors, liaisons or managers.

    Remember, the evidence is clear. A strong sense of belonging can bolster an organization’s bottom line, with research showing that it leads to a 56% increase in performance, a 50% decrease in turnover risk and a 75% reduction in sick days. It can also lead to a 167% increase in employer net promoter score, two times more employee raises and 18 times more employee promotions — the latter being person-level gains associated with performance metrics in studies.

    Belonging is an essential building block of a successful workplace and an essential element of entrepreneurial success. While some companies overemphasize profits and gains — though dollars make sense in business (and cents make dollars) — belonging calls much-needed attention to the important role that emotions, feelings and perceptions play in business. How people feel can make or break a business; unlike widgets and contracts, feelings can’t be forced, fabricated, easily fixed or forgotten.

    Our work with leading companies reveals several useful examples — what I refer to as promising practices — from businesses seeing solid results after prioritizing such feelings.

    Related: 3 Simple Ways to Help Your Employees Feel They Belong

    Promising practices

    As a leader, you can take several actions to promote belonging in the workplace. For example, one Chicago-based tech firm invites staff to share their personal stories in team meetings, on social media and through the company’s podcast. This is an opportunity for everyone to get to know one another better, which contributes to a sense of community. It’s also a great way to discover commonalities and connections across departments, divisions and teams.

    In addition, if business leaders encourage employees to express their opinions at work, they will feel like their ideas are valued and respected. A workplace that prioritizes belonging is one where all voices can be heard, celebrated and respected, regardless of the messenger, the message and its contents (within reasonable limits).

    One Virginia-based non-profit takes several steps to create space for 360-feedback loops, including “Feedback Fridays,” where employees are rewarded (financially and otherwise) for identifying bottlenecks that threaten organizational excellence.

    Remember, asking employees to air their perspectives is one step. An important action for leadership, however, is to listen to what their people need — and then act on it. When you do, don’t forget to circle back and share the solution while tracking its impact on fixing the problem.

    It bears repeating: A sense of belonging is important for all employees, especially women and minorities who often feel isolated in male-dominated, predominantly white fields. By encouraging all employees to express their authentic selves, businesses can foster a more trusting and empowering culture that boosts employee performance, fuels innovation and hits the bottom line, all part of the connection equation.

    To encourage a sense of belonging, leaders should consider the solutions and promising practices described in this article. Demonstrate that employees’ unique contributions are valued, and make an effort to understand their backgrounds. Promote a culture of belonging by creating opportunities for workers to collaborate with their peers in a supportive environment. All of this will help to build relationships and trust, which are crucial in fostering a sense of belonging. Indeed, work relationships move at the speed of trust.

    Related: The 3 Pillars Your Company Needs to Cultivate a Culture of Belonging

    Terrell Strayhorn, PhD

    Source link

  • Why ‘Quiet Fridays’ Are the First Step Towards a 4-Day Workweek | Entrepreneur

    Why ‘Quiet Fridays’ Are the First Step Towards a 4-Day Workweek | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    When I first read Tim Ferriss’ 4-Hour Workweek a decade ago, it planted a bug in my brain to always look for ways to balance productivity with sustainable life rhythms. I didn’t know if living like that was even possible, but I was intrigued. As a former pastor turned entrepreneur who values both healthy work culture and optimal performance, I was fascinated by the notion of shorter workweeks from the get-go. The statistics around 4-day workweeks were compelling.

    Related: The Case for a 4-Day Work Week

    But as the founder of a brand consultancy with limited cash reserves, I knew I couldn’t immediately offer everyone a 4-day workweek and expect cash flow to stay healthy in the short term. I quickly classified the 4-day workweek as something only big corporations could afford to do. With their exorbitant bottom lines, surely they could take the risk, “But not a sub-$1m revenue company like ours!” I’d mutter to myself, alone in my shed-office. Fortunately, I stayed haunted by the idea for long enough to press through my cynicism and find something intriguing to try.

    I want to share a concept we implemented at our brand consultancy a few years ago that continues to reap rewards for everyone involved — we call it “Quiet Fridays.”

    Imagine this: a bustling office (or burbling Slack channels) from Monday through Thursday, with teams collaborating, innovating and driving the company forward. You’re proud of the pace and productivity. They’re meeting with clients, pitching new ideas, selling future work… And then comes Friday — and all of a sudden — crickets. Slack is a ghost town. You check your calendar, and it’s wide open. Everything has slowed down by design. Fridays are set aside for uninterrupted deep work, reflection and rejuvenation. This is the essence of our Quiet Fridays.

    We simply decided to stop scheduling client-facing meetings on Fridays to create a margin for ourselves. What a novel idea!

    And the remarkable thing was — clients didn’t mind. They’re typically inspired by it. They respect the intentionality we have around creating (and protecting) margins. If they’ve trusted us to rework their brand strategies or articulate some new expression of their company, they want us to have uninterrupted time to dedicate to it. It’s for everyone’s benefit.

    Related: Why Combining Company Culture with Strategy is Necessary for Lasting Business Success

    What does “quiet” mean for you?

    You might be saying to yourself, “Cool. Glad that worked for you, but there’s no way I could implement this at my ______ company.” Which is precisely why I’m writing this article. This concept is implementable across the board. All you have to do is define what “quiet” means for you.

    With our brand consultancy, one of the most important things we do is meet with our clients. It’s essential to our success. Clients hire us to spend time with them. Apart from that, we’re out of business. But meeting with clients can be draining, especially if you’re giving them your best attention. It’s exhausting to sell ideas and inspire other leaders to dream of their brands in fresh ways. That is why I knew “quiet” meant no client-facing meetings. When I first shared the idea with my team on a Zoom call, I could see little pixelated tears of joy forming in the corners of their eyes.

    One of the companies I’ve invested in is a cannabis farm in Maine. We breed, cultivate, and package products to distribute around the state. Those employees don’t meet with clients or sit around all day at desks talking on Slack. So, what does “quiet” mean for them? How can we implement Quiet Fridays for them? Ask them!

    Maybe we plan Friday’s goals earlier in the week, and people can enjoy a self-guided day — productive yet paced a bit slower. Maybe Fridays become a time to focus on genetic hunting or rainy day projects that always seem to be pushed off to another day.

    Our employees at the brand consultancy will sometimes use the time to work on internal marketing ideas — either content or updating our website. (Guess when I’m writing this article? A Friday morning.) And if people find themselves with very little to do, they quietly take the rest of the day off. They’ve clearly earned it if they’ve tackled everything on their lists.

    Related: 100 UK Businesses Go All In On 4-Day Workweek

    If you’re in the startup world, there’s a good chance you have other stakeholders watching what you’re doing (or breathing down your neck), and if you proposed a 4-day workweek, your investors would lose their marbles. Quiet Fridays are a great way to invest in your internal culture without being too disruptive of others’ expectations of you. It’s a subtle enough tweak that hopefully doesn’t require anyone’s approval other than yours.

    So, if you find yourself in a leadership position or leading a team within a larger company, I dare you to exercise that bit of autonomy and consider Quiet Fridays for your team. If you’re already scheduled for the next month or so, pick a Friday next month and ask everyone to begin guarding that day. Put a recurring event on the calendar called Quiet Friday and invite your whole team to it. Try it. Test it. Tweak it. And see what Quiet Fridays might add to the efficacy and joy of those around you.

    John Emery

    Source link

  • Back In The Office? Why Your Company’s One-Size-Fits-All Approach Is Destined to Fail. | Entrepreneur

    Back In The Office? Why Your Company’s One-Size-Fits-All Approach Is Destined to Fail. | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    Many organizations adopt a broad-brush approach to hybrid work that fails to differentiate between various departments and roles. For example, Comcast told every employee to come to the office every Tuesday, Wednesday and Thursday, and work remotely Monday and Friday. Apple asked all of its employees to come in on Tuesday, Thursday, and one more day that each department gets to pick.

    Such indiscriminate treatment generally indicates the leadership of a company did not adopt hybrid work willingly. Instead, their hand was forced by employees threatening to leave without at least some flexibility. Indeed, both Apple and Comcast employees explicitly threatened to quit over the heavy-handed return-to-office plans, and some did so. For instance, the head of Apple’s AI team resigned due to Apple’s lack of flexibility.

    As a result of being dragged kicking and screaming into allowing at least some work from home, the leadership of such companies fails to optimize their approach to hybrid work, undermining its potential for a major boost to productivity, retention, and cutting costs. Having worked with 24 organizations to help them transition to hybrid work, I can attest that getting the true benefits from hybrid work requires creating a customized decision framework for different departments and roles.

    With 79% of all companies switching to hybrid work, according to the EY Work Reimagined Employer Survey, such poor decision-making around this work modality both harms the bottom lines of individual companies and also causes a harmful drag on the economy as a whole. Not surprisingly, according to the U.S. Bureau of Labor Statistics, productivity decreased significantly in the first quarter of 2022 when workers returned to in-person work environments with a drop of 7.5%; that fall marks the largest reduction in productivity since 1947. The second quarter also saw a large productivity decrease at 4.6%. By contrast, productivity increased sharply in the first two years of the pandemic, and that boost occurred specifically in the industries where much of the work can be done remotely such as IT and finance, as found by a recent National Bureau of Economic Research (NBER) study; while industries that require more in-person work fell behind in productivity measures.

    Related: Why Hybrid Work Will Win Out Over Remote and In-Person — Whether You Like It or Not.

    The basis for the hybrid work model decision framework

    The basis for the decision framework centers around two distinct questions. First, what kind of work is best done remotely, and what in the office? Second, what type of work is done in each department and by different roles within them?

    To answer the first question, we need to recognize that extensive investigations illustrate workers are fine with the office itself. What they don’t like is the commute, which takes many hours per week and costs many thousands of dollars per year.

    So the tasks that employees can easily and productively do at home should be done there. And those tasks include the large majority of what many employees do: individual-focused work, asynchronous collaboration and communication, and videoconference and phone meetings. By contrast, the office is best suited for more intense and synchronous collaboration and communication, challenging conversations, cultivating team belonging and organizational culture, mentoring, on-the-job learning and leadership development.

    Answering the first question shows the problematic nature of decreeing a fixed number of days of more than half the work week in the office for all staff, as did Apple and Comcast. Staff in various departments and roles have a different balance of the kind of work they do; their time and efforts are wasted if they do the wrong work in the wrong place, such as coming to the office and doing videoconference meetings. According to Stuart Templeton, the head of Slack in the U.K., “making a two-hour commute to sit on video calls is a terrible use of the office” and kills productivity. Moreover, it breeds staff frustration and resentment, leading to retention problems and higher costs due to replacing talented employees.

    Instead, a decision framework needs to factor in the specific kind of work done in different departments and by specific roles in each department. For example, consider the finance department. Most of the activities of individual accountants involve solitary number crunching, with occasional asynchronous communication and collaboration. However, the end of a quarter, and especially the end of the fiscal year, usually involves more intense and synchronous collaboration. Thus, my clients find that it works best to have accountants come in once every couple of weeks during much of the year. But then, for the last week of a quarter and for the last two weeks of the year, accountants come in nearly every day.

    While this pattern fits the role of most accountants, some accountants occupy more specialized roles. A case in point: auditors. They have a different pattern of work, which involves intense collaboration when preparing for and launching an audit. Next follows individual-focused work analyzing their findings. The end of an audit features intense collaboration — with some challenging conversations. That pattern demands a distinct approach to coming to the office to fit the needs of their particular roles within the accounting department.

    The sales department has its own particularities, depending on what kind of sales a company does. For one of my clients, a B2B IT service provider, sales involve frequent phone calls. My client found it helpful in developing junior sales staff to have them sit together with more experienced salespeople with both making calls. Recently hired staff learned tips and tricks from how senior staff handled sales calls; in turn, experienced salespeople listened to the calls made by newer staff and provided quick feedback on improvements. As another benefit, the kind of sales they do involves frequent rejection, which can be demotivating: having everyone make calls together provides motivation and helps everyone celebrate wins. As a result, the sales team decided to come to the office three days a week to make phone calls and spent the other two days on more individual work at home.

    For a financial management company, the analyst department found it most useful to spend the large majority of time at home. They did individual tasks such as evaluating data and preparing their own initial versions of predictions and recommendations. But then they came together once a month for several days in the office to synthesize the data, hash out differences and develop company-wide predictions and recommendations they could provide to clients about what investments to make for strong risk-adjusted returns.

    In a Fortune 500 consumer products manufacturing company, the HR department had a more differentiated approach based on specific roles. Some staff who handled back-end HR functions worked mostly from home, coming together once a week for socializing and team building. The training staff in the HR department had a more varied approach. They provided some in-person as well as remote training to different business units in that company and came to the office mostly on the days of in-person training events. For a different case in point, recruiters operated largely independently of everyone else; the department found it cost-effective to allow them to work full-time remotely. Another type of role was the HR business partner, who functioned as a support person to the operational manager of each individual product team in the company. They adopted a pattern that reflected the specifics of the department that they supported.

    How to tailor the hybrid work model decision framework

    To tailor the hybrid work decision framework to each department and role, the company’s leadership team should start by determining some broad guidelines and budgeting priorities. Thus, some of my clients closed subsidiary offices, which made it impractical for many staff members to come to the office except for truly important events; others decided to save on salary costs by hiring some fully remote staff in lower cost-of-living areas for individual contributor roles that did not require intense collaboration.

    After that, educate your staff —and especially middle managers who lead departments and teams within them — about what tasks are best done at home and what at the office. Create a broad understanding and acceptance among the management of the burden of the commute and the need to minimize it for the sake of retention, productivity and cutting costs.

    Next, each department should develop an initial plan for itself. This process needs to involve the staff as well as department leaders, to garner buy-in from all staff. According to a November Gallup survey, 46% of employees who work in a hybrid setting reported feeling engaged when their team is able to make their own decisions about when to come into the office. On the other hand, 35% said they feel engaged when leadership determines the policy for the entire team.

    Notably, only 41% of respondents indicated that they are engaged if everyone made the decision individually. This finding might seem counterintuitive. Indeed, when I run focus groups in client organizations, the large majority would prefer to make the choice by themselves. However, the result of such an approach is people coming to the office and not seeing the members of their teams and departments there. The result is disengagement since collaboration is the whole point of coming to the office and braving the commute. That problem highlights the value of coordination at the level of departments, roles and teams.

    Related: You Should Let Your Team Decide Their Approach to Hybrid Work. A Behavioral Economist Explains Why and How You Should Do It.

    Conclusion

    After developing this initial plan, treat it as a draft rather than set in stone. Experiment for a couple of months and measure the success of your decision framework. After three months, have each department reassess the initial plan and update it based on what they found worked well and what needed improvement. This customized hybrid work model decision framework most effectively combines department-level coordination with rank-and-file buy-in from those in different roles and teams, helping my clients gain the best balance of productivity, retention and cutting costs.

    Gleb Tsipursky

    Source link

  • Why Successful Collaboration Comes Down to Proper Team Balance | Entrepreneur

    Why Successful Collaboration Comes Down to Proper Team Balance | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    The wrong way to approach values is obvious: You’ve seen the movie Office Space when the boss calls everyone together to unveil a new banner on the wall asking, “Is This Good for the Company?” As far as that value exercise goes, everyone looks at the banner, but that’s about it.

    The “right” approach requires more nuance.

    Our company just welcomed five corporate cultures under its single umbrella. After nearly three decades of working alongside the company’s founders, most people could articulate our values very well. Only when our newly incorporated team members asked us to point to behaviors demonstrating how we live out those values in practice did we realize that we couldn’t point to anything concrete enough for them to “get it.” Employees want employers to represent their ethics and values to stay engaged. We knew we needed to fix this.

    Intentional values prevent misalignment around company non-negotiables and can guide employee action and collaboration in the right direction. Still, defining and aligning the various departments of a company around those core values is more complex than it sounds; the task is even more challenging when merging multiple companies.

    Related: How Collaboration Can Help Drive Growth and Propel Your Business to New Heights

    Over-communicate, then communicate again

    Part of my work in M&A is ensuring that our people’s experiences with the company are consistent. If I visited one of our offices in Australia or Japan, they would feel like part of the same world. Most of that came through working alongside the company’s founders and absorbing their approach to making decisions by osmosis. Sure, we articulated our values in onboarding materials. We offered some swag and other replicated forms of them in our recognition programs. Still, we mostly took that tacit learning from the company’s culture carriers for granted and developed little else to reference our values in action beyond that.

    This five-company merger was an “ah ha!” moment that made us reconsider how we communicated our values, and they still hold up after all this time. Without clear communication and explicit practical applications, it would be only natural that people bring their old ways of operating into a new company, even without realizing it. If we want to carry values forward as we merge companies or aim to break down silos, we need to embed them across the employee journey at every touch point in both words and action.

    Consider values in the hiring experience — how we describe the position in the job post and our interview questions for potential candidates. If one of our stated values is collaboration, we might ask them to describe when they successfully collaborated on a project and, more importantly, when it wasn’t. Seek to hire people who understand and appreciate those intrinsic values and spend time discussing them in all onboarding sessions globally. People can be talented but not always aligned, so figure out what’s non-negotiable and ask questions about what matters to them, and you’ll soon see if they “get it.”

    Related: 10 Simple Steps to Build an Exceptional and Efficient Team

    Live, not laminate

    It takes more than coffee mugs, posters and pieces of flair to align everyone around a company’s values: We need to be able to attribute behaviors to them. If a company says they’re “people-centric,” it should showcase this in an actionable way — performance evaluations that allow employees to tell their own stories rather than their performance review happening to them; benefits that provide coverage for the whole family; meetings that regularly represent that value as a theme or recognize someone who exemplifies them. At our company, we have a Kudos chat where, every week, people acknowledge when they have observed someone’s behavior that directly aligns with our values.

    Leaders must ensure people live, feel and see their company values repeatedly. In a 2022 survey of U.S. and U.K. employees, respondents were likelier to stay with an employer whose values align with theirs. Still, almost half would consider leaving a company if its leadership fails to act by them.

    When we give people examples of living our values, they have more reasons to discuss them. Over time, stories get retold and cement themselves into company lore. When a customer attempted to return two tires to the local Nordstrom retailer in Fairbanks, Alaska, the clerk called, researched tire prices and processed the refund despite Nordstrom never selling tires. Nordstrom’s legendary tire story demonstrates the brand’s dedication to living its value of customer service.

    Related: 3 Ways to Foster Trust and Communication During a Global M&A

    Evaluate and evolve

    After almost 30 years, our company has gone through many chapters, and what was right in the past needs to be constantly reexamined to ensure we are still true to our word.

    One of the companies we acquired had active and illustrative values, including “create success” and “be brave.” Their values were strong and actionable: Someone who needed to make a critical decision on a Friday afternoon with no one else around could recall the value “be brave” and go for it. So, we are taking this moment to evolve our values to match the company’s evolution. We’re reevaluating the original company values and if they still hold. The core ones, like respect and integrity, will remain, but in our 25+ years later, some values may not be quite right.

    Ultimately, most values aim toward the same ends — respect, integrity and a feeling of trust and belonging. Focus on four or five values that answer the question, “What do we believe in that will help us make better decisions?” Then, make leadership decisions that reflect them. Trust is built when people see their leadership standing by those values. Even when merging five companies into one, strong values enable a healthy culture that ensures that people are motivated, engaged and committed to work every day to deliver the results for the company.

    Victoria Maitland

    Source link

  • How to Harness Workplace Culture to Ensure a Profitable Exit | Entrepreneur

    How to Harness Workplace Culture to Ensure a Profitable Exit | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    Many founders looking to sell their businesses consider offers from private equity firms, which typically buy out most of an owner’s stake while giving them a piece of the restructured organization, incentivizing them to fully participate in its transition and scale. These founders are in a unique position to help maximize the future value of their companies by supporting a critical aspect of their evolutions that most private equity firms don’t sufficiently prioritize.

    Private equity firms are highly focused on the financial and operational aspects of businesses’ potential, yet only a select few dedicate real, expert attention to the cultures of newly acquired portfolio companies. This can add risk to the strategies designed to grow organizations, as workplace cultures can serve to drive or impede companies’ success, depending on their nuances, and will take form regardless of what actions leaders take. They either develop organically without intention or alignment to strategy or are purposely shaped for organizations’ ultimate benefit.

    This offers founders the opportunity to step into the role of culture advocate and champion, helping retain core aspects of their original cultures while sunsetting those that need to evolve. Founders who truly engage fully and openly in this process can help shape a culture 2.0 that honors the history and legacy of their organizations, maintaining the best of what they built, while serving strategic needs as the businesses grow.

    Related: What to Expect When Selling Your Business to a Private Equity Group

    A unique and singular role in cultural transitions

    Founders across industries — from healthcare services to tech — are known for pouring their hearts and souls into their businesses, all but ensuring the cultures that develop are intertwined with their values, workstyles and preferences. As such, they can have an incredibly strong influence on the design of a refreshed culture that encourages the ideal combination of behaviors that will drive future value creation — from how decisions are made to openness toward new ways of working to how leaders share information.

    Of course, founders can also struggle with the idea that the companies they built tirelessly will undergo cultural changes — reflecting the years and often decades they’ve invested in creating positive and productive workplaces. Feelings of defensiveness and distrust are incredibly common, especially for those in service-minded, mission-driven sectors, like healthcare, who rely on a professional vocabulary distant and apart from the world of private equity.

    Founders should seek to identify these feelings and recognize what’s driving them, ultimately getting to a place of understanding that the culture that got them “here” won’t take them “there.” Getting “there” will necessitate an intentionally designed culture 2.0. Their participation in the development of such cultures, and openness to new leadership adding their fingerprints to what they’ve created, will best ensure that organizations maintain their “secret sauce” while embarking on their next chapters.

    Related: 3 Steps to Selling Your Business Without Sacrificing Its Soul

    Refreshing culture alongside private equity partners

    A growing number of top-performing private equity firms are achieving success by supporting the development of strong, healthy workplaces, especially in mission-driven organizations. Increasingly, the savviest of these investors recognize the value of cultural evolution within their portfolio as a driver of growth, although most will admit it’s not their particular area of expertise.

    This leaves an opening for founders to advocate for the intentional development of refreshed cultures that accelerate organizations’ journeys to growth and greater profitability while keeping their missions intact. Those who choose to be proactive in this area will overwhelmingly find willing and collaborative partners, as most private equity firms understand the importance of including founders in future-looking conversations. If anything, private equity firms are now so aware of the dangers of imposing their own top-down ethos that they often downplay the risk of inaction with regard to culture.

    Of course, founders can only advance these efforts to a point, as their enduring success and bottom-line impacts require more than just an individual proponent. They’ll need buy-in at the board level to greenlight the in-depth, expert work required to maximize results, including analyzing and mapping out the existing and desired future culture, designing and implementing work streams that facilitate a transition from one culture to another and “pulling” new cultural elements through every facet of the company until they become wholly engrained.

    Related: How to Retain Your Company Culture After Getting Acquired (And Why That’s So Important)

    Pre-close due diligence can further harness value

    The savviest founders are taking an even more proactive and novel approach toward maximizing their workplace cultures. Before putting their businesses up for sale, they’re utilizing third-party experts to independently assess and quantify the value of the people-centric elements of their businesses, including both the cultural strengths they’ve cultivated and also their existing leadership. Not only do these investments significantly reduce the efforts required to intentionally transition cultures after a transaction, but they also increase the value of the companies and boost what buyers are willing to pay for them, shedding light on what has traditionally been an unknown.

    These methods and tools are new but catching on, especially as more and more private equity firms, and founders alike, recognize how culture can serve as a barrier or a springboard toward a smooth and profitable exit.

    David Eaton

    Source link

  • Our Brains Will Never Be The Same Again After Remote Work — Here’s Why. | Entrepreneur

    Our Brains Will Never Be The Same Again After Remote Work — Here’s Why. | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    The shift to remote work during the pandemic has not only changed our daily routines but also had profound effects on our brains. The quiet, controlled environment of home offices has conditioned us to work in silence, free from the constant hum of office chatter, ringing phones and clattering keyboards. This shift has made us more susceptible to distractions when we return to the traditional office environment.

    The impact of working from home on our brains

    The brain is a highly adaptable organ, constantly changing in response to our environment and behavior, a phenomenon known as neuroplasticity. When we work from home, our brains adapt to the quieter, less distracting environment. We become more attuned to the subtle sounds of our home surroundings — the hum of the refrigerator, the ticking of a clock, the chirping of birds outside the window. These sounds become the backdrop of our workday, and our brains learn to tune them out, allowing us to focus on our tasks.

    However, this adaptation comes with a trade-off. As we become more accustomed to the quiet of home, our ability to filter out the louder, more varied noises of the office environment weakens. Our brains, conditioned for the quiet of home, struggle to adjust.

    Over the last five quarters, we’ve witnessed a concerning trend: a steady decrease in productivity. While there are undoubtedly multiple factors at play, one major culprit stands out — the cacophony of the office environment that accompanies the return to office.

    As employees come in after months of working from home, they’re confronted with a barrage of sounds they had almost forgotten — the incessant ringing of phones, the constant hum of office chatter, the clattering of keyboards. These sounds, once a normal part of office life, have become significant distractions, disrupting focus and hampering productivity.

    This phenomenon is not just anecdotal, as we can see from research on the negative impact of the noise distractions of the open office — and that’s from before the pandemic sensitized employees to noise. A review of over 300 papers from 67 journals found that open office layouts significantly worsen occupant productivity, with sound and acoustic strategies being crucial for office design. Similarly, another review of more than 100 studies on open offices found that the layout consistently led to lower rates of concentration and focus.

    Research from the University of California at Irvine found that employees in cubicles receive 29% more interruptions than those in private offices, leading to higher rates of exhaustion. Edward Brown, co-founder of the Cohen Brown Management Group, found that office workers lose three to five hours of productive time every day due to unwanted, unneeded and unproductive interruptions, with 93% of workers reporting being often interrupted at work.

    When companies switch from a private office to an open one, employees’ perception of health, work environment and performance decreases. Researchers from Karlstad University found that the more workers were gathered into a single office space, the less satisfied they became, resulting in lower wellbeing. This was in part because these workers felt it was harder to have a good dialogue with their colleagues due to concerns about being overheard.

    These findings underscore the challenge many of us face as we transition back to the office. Our brains, conditioned for the quiet of home, are now struggling to adjust to the noise of the office. The question is, how do we address this challenge in a way that maximizes productivity and employee satisfaction?

    Related: We’re Now Finding Out The Damaging Results of The Mandated Return to Office — And It’s Worse Than We Thought.

    The office noise dilemma

    The traditional office environment, once the epitome of productivity, has become a battleground of distractions for many employees returning from remote work. The constant hum of office chatter, the incessant ringing of phones, the clattering of keyboards — these once-familiar sounds now pose a significant challenge to focus and productivity.

    A recent Wall Street Journal article, whose subhead is “Working from home altered our brains. We need more office time to fix them” suggests that the solution to this problem is more office time to “exercise” our brains and regain the ability to focus amidst distractions. The article quotes S. Thomas Carmichael, professor and chair of the neurology department at UCLA’s David Geffen School of Medicine, who likens our brains to “flabby biceps” that need to be strengthened, and suggests the solution of “Make yourself work from the office more often.”

    This perspective raises several questions. First, is it reasonable to expect employees to “exercise” their brains in an environment that is inherently distracting? Second, is it fair to place the burden of adaptation solely on the employees, without considering changes to the office environment itself? And third, what are the potential costs of this approach in terms of employee satisfaction, stress levels, and overall productivity? After all, the forced return to office – combined with the office noise – appears to have seriously harmed productivity for the last five quarters.

    Forcing employees back into the office full-time, without addressing the issue of noise and other distractions, is akin to forcing a marathon runner to train in a swimming pool. Sure, they might eventually adapt, but at what cost to their performance? And what about the psychological stress of constantly struggling to focus amidst the noise?

    Moreover, this approach overlooks the fact that not all work is the same. Some tasks require deep concentration and are best performed in a quiet environment, while others benefit from the energy and spontaneity of a bustling office. By forcing all work into the same noisy environment, we risk hampering productivity rather than enhancing it.

    The solution to the office noise dilemma is not simply more office time, but a more nuanced approach that takes into account the nature of the work, the needs of the employees, and the benefits of both quiet and collaborative environments.

    The flexible hybrid work solution: Embracing the silence and the noise

    Given the challenges posed by office noise, it’s clear that a one-size-fits-all approach to the workplace is no longer viable. Instead, we need to embrace a more flexible, adaptable model that takes into account the diverse needs and preferences of employees. This is where the flexible hybrid work model comes into play, as I tell my clients when helping them figure out work arrangements for their staff.

    The flexible hybrid work model is a blend of remote and in-office work driven by evidence on what people do best in the office and what’s most effective to focus on at home. It allows employees to do their focused, individual work at home, where they can control their environment and minimize distractions. The office, then, becomes a hub for collaboration, nuanced conversations, mentoring and on-the-job training and socializing — activities that benefit from the energy and spontaneity of in-person interactions.

    This approach has several advantages. First, it respects the neuroplasticity of our brains and the adaptations we’ve made while working from home. Instead of forcing employees to “unlearn” these adaptations, it leverages them to enhance productivity. Employees can do their focused work in the quiet of their home office, where they’re less likely to be distracted and more likely to be productive.

    Second, the hybrid model acknowledges the value of in-person interactions. While remote work has many benefits, there’s no substitute for the energy, creativity and camaraderie that come from working together in person. By designating the office as a space for collaboration, we can harness these benefits without subjecting employees to the constant distractions of a traditional office environment.

    Related: How to Transform Your Office Into a Collaboration Destination

    Third, the hybrid model offers flexibility. Employees can adjust their work location based on the tasks they need to accomplish. If they need to focus on a complex project, they can work from home. If they need to brainstorm ideas with their team, they can go to the office. This flexibility can lead to higher job satisfaction and better work-life balance.

    Finally, the hybrid model is future-proof. It’s adaptable to changing circumstances, whether it’s a global pandemic, a personal health issue or a family commitment. By offering employees the option to work from home or the office, companies can ensure continuity and productivity no matter what the future holds.

    In short, the hybrid work model is not just a response to the pandemic, but a forward-thinking approach to work that acknowledges the realities of our changing world. By embracing the silence of remote work and the sound of office collaboration, we can create a work environment that is productive, satisfying, and resilient.

    The future of work: A symphony of silence and sound

    The future of work is not about forcing employees into one environment or another, but about finding the right balance. It’s about creating a symphony of silence and sound, where focused work and collaboration each have their place. By embracing this approach, employers can maximize productivity, enhance employee satisfaction and create a work culture that is adaptable, resilient, and future-proof.

    Gleb Tsipursky

    Source link

  • What A Great Meeting Culture Looks Like (And How to Get Started) | Entrepreneur

    What A Great Meeting Culture Looks Like (And How to Get Started) | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    For most organizations, meeting culture is a real challenge. For many, it feels like meetings consume all available productive time, especially our most productive workday times.

    The real challenge is not the meetings themselves but the culture of meetings, who gets invited, their frequency and efficacy.

    I first learned how to address meeting culture when I became the president of a small company with an extraordinary amount of meetings, given that we only had 25 employees. To create awareness of the actual cost of meetings, we calculated the average dollar cost per person per hour.

    Related: Why Meeting Culture is Draining your Employee’s Strength and Productivity

    Secondly, we did an audit over two weeks, in which we asked leaders to track the number of people in their meetings and the length of the meeting. As you can imagine, there was an immediate decline in the number of meetings and duration due to the awareness the exercise created. At the end of the two weeks, we calculated the average cost of a meeting. The team was genuinely shocked by the actual cost of these meetings.

    Thirdly, we changed the units from dollars to product sales by calculating how many products we needed to sell to pay for a meeting. We took our most popular and largest-selling product as the unit of measure. We said, “This meeting cost 18 product A’s.” We found this was much more effective than simply giving the dollar amount since the team had an excellent appreciation for what it takes to sell that product.

    At the end of the month, I told the team, “We spent 284 Product A’s on meetings this month!” Doing this exercise once a year or every six months.

    Related: ‘Meeting Culture’ Is Costing Companies $101 Million a Year

    Using the modes of meetings to change the culture

    The first thing we had to understand was that there are three modes of meetings:

    • 1:1 meeting (one-to-one)
    • 1:n meeting (one to many)
    • n:n meetings (many to many)

    This led to a framework in which we were able to ask each person calling a meeting to choose the most effective mode of the meeting that would be most effective.

    If we were having a one-to-one meeting, it would be highly effective if both people knew how to manage distractions and stay focused. If it was a one-to-many meeting, the most effective way to do this was a webinar-style meeting. This meant having one person “host” the meeting and another presenting the content. If the meeting was on Zoom, the host managed the comments and questions in the chat while the presenter presented.

    We found that “many-to-many” meetings were clearly the least effective, least respectful and often the default mode. We reserved the ability to call these meetings to only senior-level people in the company. We intentionally restricted the frequency and kept them focused as an example of how meetings should be run.

    Related: What Your Company Meetings Say About Your Culture

    Introducing FIRE meetings

    So, this led us to change our meeting culture. Fire is an acronym for “Focused, Informative, Respectful, and Effective.”

    When setting up a meeting, we start with Focused, in which we train leaders to ask:

    • What is the right mode for this meeting?
    • What will make this meeting successful?

    The next component is Informative. We train leaders to think through the information they want to present and divide them into three categories:

    • What must they know?
    • What is the key point?
    • What additional information can I add to make the meeting more interesting and engaging? (including a great story, fun facts, etc.)

    Keeping meetings Respectful means giving people enough warning before a meeting is called to give them time to prepare or reorganize their schedules. We encourage everyone to be on the call two minutes early so that the meeting part starts on time. This is a keystone organizational habit that creates respect in the culture.

    People who run meetings right to the last minute do not leave time to arrive two minutes early to the next meeting. For this reason, we teach leaders to wrap up the meeting with five minutes to spare and end two minutes early. Once this becomes part of the meeting culture, everything changes for the team. There is a more calm and peaceful atmosphere when moving from meeting to meeting.

    Finally, we get to the element of being Effective. We encourage leaders to keep the discussions focused and to minimize rabbit trails. At the halfway mark, they can state, “We’re halfway through our meeting, and we still need to reach our objective.” At the end of the meeting, leaders need to state if the objective has been reached clearly. They need to give clear next steps as to who is doing what and by when. If the meeting ends early, don’t prolong it.

    I once ran a meeting with the team on the call three minutes beforehand, and since everybody was present, we started the meeting. We reached our objective in under two minutes and were able to end the meeting before it officially started!

    Related: How to Create a Meeting-Smart Work Culture

    Building a culture to empower FIRE meetings

    Encourage leaders to invite people based on the right time, not “just in case.” By this, I mean we often invite people “just in case” they need to be there or may need the information. This is not respectful of their time and undoubtedly ineffective for the organization. Some people need to know at some point, but the real question is whether the meeting is the right time for them to be part of the discussion.

    There needs to be cultural permission for people to say no to meetings. When a leader is willing to give that cultural permission to their team, they will find a much more productive and effective team member who feels respected and empowered. In the long term, giving culture permission for people to decline meetings profoundly affects the team’s productivity, culture and efficacy.

    FIRE meetings can dramatically change the meeting culture of any organization. It makes every team member feels respected as well as informed. Meetings are taken much more seriously when they are called in the right mood, with the right frequency, with the right people in the room, started and ended with a two-minute margin.

    Every organization can enjoy this much-needed meeting culture shift.

    Dionne Van Zyl

    Source link