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!
Publicly recognizing and rewarding small wins keeps everyone motivated over the long haul. Make recognition as fun as possible. Verdo Tele celebrating 40% in market share.
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:
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No news is good news is not a management philosophy — https://www.torbenrick.eu/t/r/juv
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Important point Torben! I've explored some of the work of Angeles Arrien, who had cultivated interesting research as a cultural anthropologist and she shares some similar views regarding the importance of recognizing people and ways to do this sincerely.