Management gemsFind here some gems from our monitoring of the best publications on leadership and management
Talking career with your staff
In a recent Gallup survey, more than half of the employees who had resigned indicated that no one, not even their manager, asked them in the three months prior to their departure whether they were satisfied with their job, or how they saw their future in the company. And 52% underlined that their manager or their organization could have definitely done something to get them to change their mind. A preposterous number at a time when organizations face the “Great Resignation”.
Do not wait for your staff to hand in their resignation to hold real conversations on their aspirations! This article invites you to regularly address five essential questions with them:
- How would you like to develop within this organization?
- What is the meaning of your work in your view?
- How can I help you excel in your job?
- In your opinion, what could the company do better?
- Does your job enable you to make full use of your talents on a daily basis? A checklist to keep in mind to minimize the risk of seeing your best personnel leave.
Source: 5 Questions Every Manager Needs to Ask Their Direct Reports, Susan Peppercorn, HarvardBusiness Review, January 2022.
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Banking on emotional proximity rather than the physical one
Many business leaders worry about their company culture “evaporating” since it has become difficult to get the staff back in the office after the Covid-19 pandemic. Indeed, an international Gartner survey shows that only 25% of salaried personnel who work remotely feel connected to their company culture. Yet, those who feel connected enjoy a significantly higher performance and have 36% more chances to remain loyal to their company.
How then to foster the adhesion to the culture when the personnels are rarely present on site and have less time for informal exchanges? The study shows that it is not as much the physical proximity as the emotional one that matters. It is less about being in touch with others than about the feeling that we are important to them.
This involves placing particular attention to each of the interactions—since they are less numerous. In particular, you should only invite to meetings those whose presence is necessary: they thus feel that their contributions are valued. It is also imperative to be in a position to spot these staff who undermine the feeling of belonging through “toxic” interactions. Questioning the emotional proximity built by each interaction thus becomes essential.
Sources: Evolve Culture & Leadership for the Hybrid Workplace, Gartner, 2022; Revitalizing Culture inthe World of Hybrid Work, Harvard Business Review, November-December 2022.
ShareSeek inspiration from emergency situations to better manage the longer term
We often think that the operating mode that we adopt when facing a crisis is indeed effective in the short term, but is impaired when comparing to what should be done over the longer term.
José Andrés invites us to reconsider this hypothesis, in an interview given to McKinsey Quarterly. The founder of the World Central Kitchen NGO, who managed the extraordinary feat to deliver 170 million meals during the first six months of the war in Ukraine, draws a counter-intuitive and stimulating lesson from more than 10 years of work in emergency situations. What if, rather than going “back to normal” once the crisis over, we would seek to sustain what enabled us to get things moving that fast?
What emergency teaches us is that even when a problem is complex, simple solutions can be effective. The essential thing is to rapidly move into action. In Ukraine, WCK started by considering what could be done with the existing. The NGO did not set up a central kitchen with a complex logistics: it combined a network of 500 restaurants, caterers and food trucks. By targeting very short-term concrete results, even if not perfect ones, it set the basis for a large-scale change.
Source: It’s important to bring the spirit of emergencies to the long term, McKinsey Quarterly, November 2022.
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Driving the innovation portfolio
A company cannot solely rely on incremental innovation. It also needs more radical innovations to renew itself and ensure its long-term growth. Yet, the uncertainty inherent to such projects often leads to discard them in favor of more rapidly promising initiatives.
In this podcast, Mark Maybury, Chief Technology Officer at Stanley Black & Decker, discusses the way to avoid this risk. He notably explains how he has put in place a ranking of the group innovations in six categories, defined according to their level of disruption in the market. This allows for driving the investments in the different types of innovation in a strategic manner, to ensure that the contributions expected from each of them complement each other smartly to answer both the short - and the longer - term challenges. A highly rigorous and structured approach from which you can seek inspiration to optimize your innovation strategy.
Source: Extreme Innovation With AI, podcast Me, Myself, and AI, MIT Sloan Management Review /Boston Consulting Group, March 2022.
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Is your company culture healthy?
Did you know? Almost 90% of business leaders and financial directors think that improving their company culture would boost their financial performance. And 80% acknowledge that it is not as healthy as it should be. One employee outof ten even perceives their company culture as toxic!
The authors of this article correlated the results of numerous studies on what can lead to a nefarious company culture. They converge to point out three domains of attention:
• Managerial practices. Are some of their behaviors toxic for others? Do they display a lax attitude towards tyrannical or disrespectful behaviors?
• The social norms. What behaviors, however detrimental they may be, are well rated or considered as acceptable in daily interactions, according to the unspoken and explicit functioning rules of the organization?
• A sub-optimal work organization. Does the way in which the work is organized foster some unhealthy behaviors? A pragmatic guide to audit your company culture.
To read: How to Fix a Toxic Culture, Donald Sull, Charles Sull, MIT Sloan Management Review, September 2022.
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