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1. Hire wisely.
Most businesses hire bodies for particular jobs rather than
people to help build a future. Your business is only as good as
each individual employee's contribution to its functioning.
Therefore, look for the three i's when you hire: intelligence,
initiative, and integrity. For every position, from receptionist
to packer, hire only the best you can find. Conversely, if you
have current employees who are not performing well, consider
whether they are a wise investment of your money.
2. Build a team,
not your ego.
Many employers let their egos dominate their interactions with
their employees. Stop the pattern. Instead, trust your employees
to do their jobs. Make each employee feel that they are
invaluable members of the company team. Let each employee know
they are an integral part of the company's end product. Set the
example for positive interaction at all times between members of
the team even when ideas or performance must be corrected.
3. Reward well.
When you get good employees, reward them financially and
emotionally. Be sure their pay is at least at market rate. Take
time often to acknowledge each employee's contribution. The two
biggest loyalty builders are two simple words-- thank you.
4. Be hands on.
Know each employee's job and how to do it. This not only gives
you an automatic reserve employee and trainer, but has an added
bonus. If you show an employee that you are willing to learn or
have learned his/her job, you are communicating that you believe
their work has value. Every employee needs to know that whether
they are emptying trash cans, setting the presses, or selling
the large accounts, their work is worthwhile and valuable.
5. Make your
employees versatile.
In a small company, every employee should know how to do at
least two jobs, particularly on the technical and service sides.
For critical tasks, at least three employees should know how to
do each job. Thus, you always have an on-the-premises reserve,
who can step in when needed.
6. Give away
tasks, but not ultimate leadership.
What is it you do best? Are you the idea man, the best salesman
in your company, the organizer? Find your best talent and then
delegate all other tasks to your employees. Train them
appropriately to do their job, let them know you have confidence
in their ability to perform well, and then let them do their
jobs. Adding responsibility with confidence will increase your
employee's willingness to work and their pride in the company's
end result. At the same time, you must maintain ultimate
leadership. In any well run ship, the captain makes final
decisions and you are still the captain, albeit a benign one.
7. Communicate,
communicate, communicate.
You must talk with your employees, solicit their suggestions,
and positively correct their mistakes. Conversely, you must
create an atmosphere where employees are willing and able to
talk with you. The two best sources of information on how your
business is doing and how to improve it are your employees and
your customers. Pay attention to both.
8. Give your best
and always and encourage the same in your employees.
Pride in the company and its product or service always begins at
the top. If you give a half effort or let a sloppily produced
product go out the door to a client, you are sending a message
to your employees that you do not respect your clients or your
work. Your employees will adopt that view as well. If you set
the example of giving the extra effort, pitching in when needed,
caring about your fellow team members, working as a unit to be
the best in your particular business, and taking care of the
bottom line, your employees worth having and keeping will follow
suit.
9. Encourage
innovation and creation.
Give your employees a stake in the future. Once a month, have a
meeting where the employees make suggestions on how to improve
your product, service, efficiency, or bottom line. Give monetary
rewards when the ideas produce increases to the bottom line.
Give positive encouragement for the process.
10. Have a second
in command.
No general goes into battle without a major who can take over if
he is felled by a bullet. You are your business' general and
must act accordingly. Find someone you trust within your company
who has the same goals, ideals, and a similar business style.
Train him/her appropriately. Let others know he/she has your
confidence and authority when you are gone. When that is done,
leave on vacation and test the theory out. If you have completed
steps 1-9 above, your business will run easily and well and you
will have regained a healthy balance in your life. |