Do you or your clients wonder why other firms down the road are
packed with willing workers committed to what they do while yours are not? Have you ever
wondered whether this has any impact on your sales figures? Do you realise that the
psychological well-being of your staff keeps your firm healthy?
Gallup, the market research and recruitment consultancy, recently
tackled these issues in Building a Stronger Workplace, a survey it conducted of 41,490 US
employees across 17 firms and 1,135 business units. It believes it has come up with some
definitive answers on why employees are taking their services and information straight to
the competition.
In firms which are always one step behind their competitors, profits
are not as great as they could be and staff turnover is high; Gallup believes that in such
firms employees' needs are not being addressed, that is, they do not feel valued by their
firms.
While firms may answer "So what?", they would be wise to
take heed. When Gallup compared two US retail competitors there was a direct correlation
between employees' anxiety about not feeling valued, their sense of engagement and
commitment to their work and profits.
Gallup found that sales in one of the firms were well below par, and
more importantly, the fragile firm was losing 1,000 more employees during the year than
its competitor.
The survey demonstrated an important link between business
performance and employee attitude. It claims that unhealthy firms do not ask their
employees the right questions and therefore cannot identify their employees' real needs.
While carrying out the US-based survey and by interviewing people
considered to be best in their fields, Gallup identified several factors common to a
productive workplace.
From that information it developed questions that it believes to be
pertinent to creating best practice and building a stronger workplace.
Gallup lists 12 essential questions which will give firms an instant
health check and measure their strength.
Of the 12 questions the firm developed and put to employees as part
of the meta analysis, there were four questions that had a direct impact on sales and
performance: Am I good at my job? How do I know that? Do my opinions count? Do I have a
best friend at work?
Based on the responses of 75 per cent of the 41,490 employees who
asked themselves the questions, Gallup identified a direct link between whether
employees felt their opinions counted, and profit; whether they have an opportunity
grow, and customer satisfaction; and whether they know what is expected of
them, and customer satisfaction.
What was most surprising was the direct correlation between having a
best friend at work, turnover, and customer satisfaction. He says that as long as people
do not have their needs they burn out, become unproductive and leave.
Managers can get their employees to commit, by ensuring that they
ask the right questions. So that when employees ask themselves: What do I get? What do I
give? Do I belong? How can we grow? as they climb the career ladder they find that they
can say yes, our needs are being met. If employees cannot say yes to these questions in
their ascent through the firm, the health of the firm is questionable.
Firms need to lay bare the basic psychological needs of their
employees in order to get them to rise to the top of their profession and be fully
committed.
Just by using these questions as a basis for finding out where their
employees are in the journey prevents confusion and misunderstanding. If you don't know
where your people are, then you will lose them to a competitor.
Firms tend to concentrate their development efforts at the top of
the organisational hierarchy, rather than getting people up to the top, the survey says.
If you find that your opinions do not count you start running down the mountain again out
of fear or anxiety.
If a firm ensures that its employees feel that their job is
important in terms of the firm's mission statement, the workforce will put in more effort.
This is a psychological journey and these are questions that a
manager can have impact on - a lot of that responsibility is in the managers' hands.
Managers can establish how each individual employee climbs the mountain.