Trust, Performance & Leadership: Success Through Employee Growth
It’s no secret that effective leadership is an important part of your organization. It’s why we believe that HR needs to be involved with executives when it comes to developing strategy. Your leadership style helps determine employee engagement levels through its impact on every team in your company. Your leadership style determines whether your departments communicate effectively, and whether employees communicate well with each other. Perhaps most of all, your leadership style has a huge impact on retention and all its associated costs. Effective leadership is essential, for these reasons and a host of others. But what does it take to develop effective leaders? BambooHR explores steps and strategies to develop essential leadership skills in each of your employees, starting with building the key component: trust. This presentation covers: -Three factors that help develop trust in any working relationship -Tips for improving communication and recognition programs -The difference between performance management and performance development -Why the best leaders are often grown, not recruited As your organization builds trust and teaches effective leadership principles, it helps your employees grow, whether they’re asked to take charge of a team or advance your organization’s mission in their respective roles. Making this investment engages your employees in their work, leads to more effective communication within and between departments, and eases transitions as your employees continue in their careers. And as your employees learn to lead from where they are, it becomes easier for you to translate your top-level strategies into real results; not just in the executive meeting, but throughout your organization.
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Trust, Performance & Leadership: Success Through Employee Growth
- 2. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Ranked in Fortune Magazine’s Top 100 Medium-sized Companies
- 3. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 4. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr ● Mo+vate and engage with employees ● Have the asser(veness to drive outcomes and overcome adversity ● Create a culture of accountability ● Build rela(onships that create trust, open dialogue, and transparency ● Decide based on produc(vity, not poli+cs Leadership Talents
- 5. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 6. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Trust
- 7. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr ● Takes credit for your work: 75% (Managers: 52%) ● Doesn’t appear to trust or empower you: 72% (Managers: 53%) ● Doesn’t appear to care if you’re overworked: 68% (Managers: 48%) Top Bad Boss Behaviors
- 8. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 9. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr • Compulsive Cheater: 4 coins max. • Invest and Con: Low chance of con+nued coopera+on over +me • Cooperator: 11 coins max • Bridge Burner: 12 coins possible, no less than 10 Trust Results
- 10. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr ● 2011: Facebook completes its IPO. In the months following, shares fall to $17.55 ● 2012: 14 senior execu+ves cash out and leave Facebook for other ventures ● Facebook emphasizes that the IPO is not the end goal ● August 2017: Facebook shares remain near $170 per share Case Study: Facebook IPO
- 11. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Trust Verify Forgive
- 12. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Three Keys to Building Trust 1. Repeat Interac+ons 2. Win-Win Situa+ons 3. Effec+ve Communica+on and Execu+on
- 13. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Communica(on
- 14. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr The single biggest problem in communication is the illusion that it has taken place. - George Bernard Shaw
- 15. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Expecta(ons
- 16. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Developed Collabora(vely Ar(culated Clearly Aimed at Excellence Individualized to Strengths
- 17. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Feedback
- 18. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Prefer to receive feedback as projects are completed or in casual one-on-ones 61%
- 19. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Recogni(on
- 20. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr How Employees See Success 1. Contribu+ng to a successful team 2. New du+es and responsibili+es 3. Salary 4. Recogni+on from a manager 5. Recogni+on from their peers
- 21. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 22. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Recognizing Contributions ● Total reward statements increase perceived value of benefits packages by 20% ● Employees who are very sa+sfied with their benefit management technology are almost twice as likely to view their benefits as unique – 93.8% vs. 46.6%
- 23. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 24. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Performance Management vs. Employee Development
- 25. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Growth and Learning
- 26. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr ● Goal setting ● Motivational speakers ● Employee education funds ● Company retreats ● Individual career plans Growth & Learning Strategies
- 27. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Internal Hiring
- 28. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 29. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Leadership Unlimited
- 30. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr
- 31. bamboohr.com Trust, Performance, and Leadership: Success through Employee Growth #bamboohr Follow BambooHR on social media: bamboohr.com/blog Thank you!