Lack of employee recognition
Lack of employee recognition is damaging company performance
The lack of recognition takes a terrible toll on morale, productivity, and, ultimately, profitability.
Recognition is not complicated, in fact, it’s completely to the contrary
Studies consistently show that people need attention from their supervisors in order to stay engaged. Managers with a “No news is good news” philosophy fail to realise that most people perceive a lack of feedback as punishment.
It is both simple and inexpensive for leaders to solve the recognition deficit in their organizations. So get to work!
- Celebrate first downs, not just touchdowns. Employees want to be acknowledged for successes affecting the company and are more inclined to drive results when their work is celebrated. Publicly recognizing and rewarding small wins keeps everyone motivated over the long haul. Don’t be the Negative Nelly who says, “Well, it’s great that we just closed that new sale, but we’re still 2 million EURO behind budget this year!”
- Show respect by sharing as much information as possible: “The more they know, the more they’ll understand. The more they understand, the more they’ll care. Once they care, there’s no stopping them.
- The power of THANK YOU. The reality is that a “thank you” is much more powerful than a bonus!
- Make it timely. Don’t wait for monthly meetings or annual performance reviews. Good things are happening all around the organization – notice them and seize any opportunity to acknowledge them
- Make it personal. A customized, thoughtful gift will have a bigger impact than something mass-produced, regardless of the price tag
- Make recognition as fun as possible
Recognition increases productivity and creates an organizational culture of engaged employees, positively affecting the company’s bottom line.
Employee recognition is cost-free (almost) to provide, but costly to neglect. So remember:
No news is good news is NOT Leadership
Short URL & title:
No news is good news is not a management philosophy — https://www.torbenrick.eu/t/r/juv
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