Here is a look at eight business practices recommended by best-selling business author, Patrick Lencioni, to help businesses go from struggling to successful.
Engage workers: Greater productivity starts with sharing the purpose of the organization and making sure each employee understands his or her purpose. When workers understand how their role directly affects the organization’s outcome, they’ll become more excited and engaged.
Reward effort: Recognition is an important part of engagement—people who feel valued are more eager to do a better job, so the reward becomes a motivating force that encourages them to accomplish more and fosters greater loyalty.
Be vulnerable: Many leaders think of vulnerability as a weakness, but Lencioni views it as a strength. Being quick to acknowledge mistakes or weaknesses allows employees to see your human side – and is shown to lead to higher levels of commitment and team success.
Stay committed: This means investing one’s self in the team’s initiative and allowing different perspectives to help shape a goal. Allowing conflict, rather than avoiding it, can actually help find common ground and lead to better outcomes.
Seek clarity: Moving forward without a clear sense of the company’s vision, values and goals can lead to missed opportunities. Defining the company’s vision and core principles, then sharing that with every employee, leads to a unified purpose and direction that are crucial for success.
Create cultural cohesiveness: Creating an environment of shared values with high levels of engagement leads to greater employee happiness and productivity. When hiring, make sure the new team members are not only qualified in terms of skill sets, but also align with your company’s core values and vision.
Focus team effort: It’s common to put a great deal of effort into starting a team project on the right foot – but placing an emphasis on ongoing reassessment (what’s working and what’s not) and what can be realigned is a good way to keep projects on track and keep team members from growing frustrated.
Hold regular meetings: Meetings provide a forum and are an effective way to review goals and progress. They’re also important for emphasizing core values, allowing members to offer input on business best practices, and for increasing connection among the company.
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