Adapting to Win- the Foundation of Applying Leadership Styles for Recruiting and Retention Efforts
Katheryne W.
Your Marketing VP's Best Friend | AI Educator | SEO Nerd | Digital Marketing B2B Consultant
Conversations and debates around monetary compensation aside, let me remind you of the phrase, "People don't quit jobs, they quit bosses." Both the business and military world is experiencing difficulties in talent acquisition and retention of the workforce. Some of the solution is waiting to be embraced- emotional intelligence (EQ) at all levels of the business as a foundational requirement for any leadership style leveraged to improve employee engagement, retention, and even recruiting.
The Navy is experiencing the lowest active duty force in its history, since the year 1940, citing one of the reasons for low numbers as a distrust in institutions. Where does that distrust come from? Much of that distrust, if true, is likely related to current and previous active duty servicemembers who are speaking openly and honestly about their military experience on social media. The Navy (and likely other branches), has recently created a dedicated "recruiter" career path to help bolster recruiting efforts. This recruiting and talent acquisition role in the Navy used to be a temporary assignment, offering a break from primary duties. However, the Navy now views recruiting as so crucial that it offers a full 20-year career path for recruiters. This focus on acquisition mirrors trends in the business world, where record-breaking recruiting efforts are prevalent.
The Gap: Retention efforts in both military and corporate environments pale in comparison to talent acquisition campaigns. As a result, we see high employee turnover, leading to high replacement costs. Some businesses are even "ok" with the costs of replacing their workforce, rather than investing in retaining employees. The gap between recruiting and retaining talent can be bridged in our day to day operations and interactions amongst colleagues and leaders, not in rallying cries of corporate values during recruiting, branding, and general marketing campaigns.
Much of the current retention advice focuses on obvious solutions like increased wages, telework or hybrid work, and of course the empty slogans around the importance and respect for work life balance. There are countless thought leaders and industry experts who have researched and written at length on solutions to retention. While I agree the current discourse appropriate financial compensation as extremely important, we are overlooking the potential for day to day dynamics between leaders and employees as a cost-effective addition to the solution. More focus must be placed on investing in education and training around EQ and leadership styles at all levels of the organization. This modern imbalance, with a lack of scrutiny on day to day dynamics, creates a cycle of disillusionment, disempowerment, and ultimately, high employee turnover.
The Root Cause and a Path Forward: If the concept of EQ is new to you, I am not surprised, but hear me out. It's not "fluff" or feel-good pseudoscience. It is something that even the US military invests a fraction of the budget in developing its leaders through Joint Professional Military Education (JPME). Afterall, unless our parents had a handle on emotional intelligence, emotional regulation, and communication- this interpersonal dynamics skillset is not taught to the majority of US citizens, ever. EQ is the ability to understand, use, and manage your own emotions in positive ways to achieve your goals.?It also involves understanding and positively influencing the emotions (and actions) of others. We have unsurprisingly low EQ in our workforce and leaders- from supervisors to executives- this negatively impacts both talent acquisition and retention efforts.
A Personal Story:?Poor Emotional Intelligence
Early on in my military career, I relied on an authoritarian approach to leadership, lacking the necessary EQ skills to legitimately earn the respect of the Airmen entrusted to me. This unsurprisingly led to disengagement from day to day objectives within my team, and previous employees who will likely despise me forever.?It wasn't until I began to develop EQ towards the end of my active duty career that I saw a positive shift in team dynamics and overall culture of the workplace I was leading. As those final active duty years went on, I noticed a pretty significant problem with low EQ amongst my colleagues, as well. My colleagues and teammates were comprised of highly educated and experienced civilians, active duty members, and government contractors of varying ages. I cannot tell you how many days I spent, on the tax payers' dollar, mediating extreme blowouts between grown adults in an office environment. Mediating fights stemming from poor communication and lack of empathy certainly was not in my job description, but that is a subject for another day.
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The Solution: Building Emotional Intelligence (EQ) as a Prerequisite to Leadership Styles
Emotional Intelligence (EQ) is the key to overcoming challenges in workplace engagement, productivity, retention, and yes- recruiting.?I promised the reader of this series leadership lessons and EQ is the foundation in effectively applying any leadership styles. Do not fret- the breakdown of leadership styles and lessons learned is inbound.
Here's why EQ Matters for Any Leadership Style:
Taking Action: Develop Your EQ
Developing your EQ is an ongoing process, but there are several things you can do to get started with the understanding that there really is no overnight change you can create in yourself. I also recognize that you probably already know these things- but putting them into practice is a different story. Even today, I am still working on my own emotional intelligence for the sake of my business and my relationships. This takes time, training, and real-world practice:
Moving Forward
This article series will continue to provide my perspective on leadership, recruiting, and retention strategies in light of the overwhelming similarities between the corporate and military worlds. Your takeaway from this article is to invest in your own emotional intelligence- and you are already doing it by making it this far in the series. I highly recommend Emotional Intelligence 2.0 by Travis Bradberry and Jean Greaves. By prioritizing genuine connection and emotional intelligence, CEOs and leaders of all sorts can create a work environment that both attracts and retains top talent.
Agent/Owner at Farmers Insurance
11 个月Thank you for sharing this Katheryne!
Licensed Mortgage Professional (Senior Loan Officer, Mortgage Broker and Lender) with 25 years of experience providing a concierge level of service to clients seeking home loans or refinancing. Ellicott City, Maryland
11 个月Always offering great information. Thank you for this.
Senior Managing Director
11 个月Katheryne W. Very Informative. Thank you for sharing.