Investments and Business

A healthy manager-employee relationship is essential to any business. A good manager will take the time to understand what makes their direct reports tick and form deep connections that are focused on bringing out the best in their employees. But what happens to employee engagement when there are problems in this relationship? Employee engagement affects nearly every important aspect of your organization, including revenue, customer experience, and retention. Impacting engagement can have challenging impacts on a business. Is admin enable the answer? In this article, we'll look at the role of the manager, identify potential challenges, discuss the impact of…

You'd be hard-pressed to find an HR thought leader who doesn't believe that having great mid-level managers is one of the greatest, if not he larger: indicators of a high-performing team. If training and developing your organization's managers isn't one of your top priorities this year, it probably should be. Consider these statistics: 60% of HR leaders say "leader and manager effectiveness" is their #1 priority in 2023, according to Gartner. 65% of managers feel unprepared and find it difficult to carry out their duties. 56% of employees say that having a good boss is one of the most critical…

All wants best compromise. A motivated and inspired workforce means better retention, productivity, and innovation—results every business leader strives for. But clearly, just wanting it isn't enough. As of 2022, the number of actively furloughed workers increased to 18%, indicating that pandemic-related obstacles were not the only thing preventing people from having a better life at work. Instead, companies need to take concrete, data-driven steps to help their people feel more connected to each other and to their overall mission. They need to create a action plan for employee engagement. At heart, this is a simple concept: ask employees for…

Whether you're new to HR or a seasoned leader starting a new organization, making a good first impression with your new team is very important. What you do in your first 90 days shows what you're capable of and sets the stage for what you'll accomplish in the months and years to come. No one expects you to come along and transform the HR organization in a matter of weeks, but by listening, learning, and adding value for your team, you'll be well on your way to long-term success. To help you prepare, we've put together three "do's" and three…

How does your company communicate its diversity, equity and inclusion (DEI) efforts? Maybe you have some lines about DEI on an old about page, or maybe you posted an International Women's Day solidarity post on social media? A good start! But to show the real impact of your DEI work, you need to create a diversity, equity and inclusion statement. When well written, a DEI statement sends a powerful message about what a company stands for and its priorities. But despite its importance, some companies fail to publicize their diversity commitments, putting stakeholders, customers, and employees at a disadvantage and…

On March 23, over a thousand HR leaders from around the world joined live for 15Five's 2023 HR Superstars Summit. The half-day virtual event brings together strategic people leaders to connect and learn about a variety of topics relevant to HR today, such as how to support and develop great managers, how to find balance and avoid burnout, and how to maximize profits. resources for greater impact. . The 3-hour event was packed with ideas, tips and advice from some of today's leading HR professionals. In fact, there was so much actionable goodness that it would be impossible to summarize…

The effectiveness of managers is a major driver of employee engagement, and managers have a major impact on the morale and performance of their direct reports. Yet many managers often struggle to lead because they don't have the skills to drive engagement and performance in the evolving workplace. As a result, many employees do not view their managers as strong leaders. In fact, in our 2023 Manager Effectiveness Report, we found that only 37% of employees are impressed with their managers' leadership abilities. Additionally, 27% of employees would be genuinely relieved if their manager left, and 40% of employees think…

Close your eyes and imagine working in a place that makes you feel restless, uncomfortable, and like you can't be yourself. How long do you think you would stay in that company? Probably not long. That's why companies of all sizes must foster a sense of belonging in the workplace to help employees feel like they can be authentic, belong to a shared community, and feel supported, which impacts the bottom line. Don't you know what a sense of belonging is or how to include it in your business? Read on because we're about to dive into exactly what fostering…

Phil Jackson once said, "Good teams become great when members trust each other enough to give up 'me' for 'we'." individual taxpayers they may have. (Although having Michael Jordan on your team does aid.) Today, with so many people working in a hybrid or virtual team, it's more important than ever to focus on building and maintaining trust. And luckily, business leaders are taking notice. according to a deloitte survey61.3% of C-suite executives say their organization will work to improve trust levels with key stakeholders in the coming year. Why is trust in a team important today? In general, employees…