How to Stop the Revolving “Office Door”
Carson Tate
Consultant & Executive Coach – Strategic Planning & Execution / Transformational Change & Employee Engagement / C-suite Coaching & Consulting / U.S. Private Equity Fund Engagement
September was another record-breaking month. 4.4 million people quit according to the U.S. Bureau of Labor Statistics.
The revolving “office door” does not show any signs of stopping. Why?
In a new working paper, the UC Berkeley economist Ulrike Malmendier suggests there is something existential behind the Great Resignation: The pandemic and the rise of remote work have changed the way we view our lives and the world.
Malmendier is not the only scholar who has suggested that soul-searching during the pandemic fueled quitting. Texas A&M psychologist Anthony Klotz, credits?"pandemic epiphanies" with motivating many workers to depart their jobs for greener pastures.
However, the pasture is greenest where it is watered.
To retain your talent, it’s imperative that you develop your managers as coaches who motivate and inspire your team members and equip your employees to clarify what they need to be professionally fulfilled.
Empower your managers to be coaches.
According to Gallup, only one in five employees strongly agrees that they are managed in a way that motivates them. If your team members are experiencing “pandemic epiphanies” and want to be inspired, motivated, and developed, your managers need to become coaches.
Managers tell people what to do. Coaches ask open ended questions to spark thinking, insights, and potential action steps that support individual growth, development, and self-discovery. Managers focus on past performance. Coaches focus on the future. Managers set expectations and inform the team. Coaches use active listening and individual feedback to co-create goals and performance expectations.
The shift from manager to coach can begin immediately. Challenge your leaders to ask any or all the following questions in their next one-on-one with each of their team members.
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Coaching is not a one and done. It is an ongoing, continuous conversation with each team member. Encourage your leaders to prioritize coaching and schedule a weekly 30-minute one-on-one conversation with each of their direct reports.
Engagement, performance, and development are interlinked and interdependent. Coaching is the catalyst that fuels all three.
Equip employees to clarify what they need to be professionally fulfilled.
It takes two, employers and employees, to create a fulfilling, reciprocally constructive, and meaningful professional relationship. A team member’s engagement and satisfaction at work is a shared accountability between the employer and the employee. This is not possible if employees are unclear on what they need to be satisfied in their jobs.
Ask your team members to identify what they need in the each of the Five Essentials for Professional Fulfillment:?
Once your employees have clarified what they need to be gratified at work, invite them to participate in a conversation about how to create a mutually beneficial way to work that supports both of you in achieving your goals, elevating the employee experience, and creating a culture where everyone can thrive.
The massive exodus of talent from companies is real. It will continue into 2022 and it may get worse before it gets better. However, you have a powerful opportunity to “water your pasture” and stop the revolving “office door” when you empower your managers to be coaches and equip employees to clarify what they need to be professionally fulfilled.
When your employees thrive, your business thrives.
For additional tools and strategies to engage your team members, click here to download Employee Engagement THE Competitive Advantage Guide.
If you are ready to magnify the effectiveness of your leaders, develop them as coaches, and engage your employees to retain your talent, we can help. Click here to schedule a time to talk.
Home Health care provider
10 个月Looking for a job expeditiously
Professor at Eurasian National University by Gumilyev in Astana
2 年Wery well
Life/Business Coach at Soaring Through Light LLC
2 年As a Life/Business Coach I agree with this article. Your Work Staff are all still Humans. It’s important to understand their individual interests and needs.
Father, Author, Chaplain, Broadcaster, Communicator, Architect, Gardener
2 年#NationalHealthcareService #NHS Americans are waking up to the fact that they are no longer having to be indentured to a company to have healthcare. This realization is stirring up something deep within them to realize their own dreams and goals, which they had put aside to gain healthcare services from their employer. As America gradually transitions to a positive healthcare service to replace the existing negative one, increasingly regular employees are realizing they can work where they want, how they want to, and for who they want to. Many realize that one of their biggest investments is in somewhere to live and if they can work and enjoy that place too then they are doubly blessed. Increasingly people are investing more time and energy in enjoying their homes, their gardens, and their neighborhoods, and wanting to maximize the time they spend there. Employers are also realizing the benefits of a national healthcare service, which means they have less to contribute financially in the way they do now, freeing up capital to pay higher salaries, invest more in their businesses, or create greater profits, and they are beginning to swing their muscle behind implementing this transition. The goal with a national healthcare service is that whoever you are, wherever you live in America, you will get free healthcare at point of service, from a service that is financed similarly to current social security and estimated at 1% of the current spend of Social Security. It would include everybody, so all the Cadillac plans, government plans, military plans, veterans' plans, would end and be absorbed into a new National HealthCare Service. Only the current insurance companies, who are extremely profitable at the expense of medical care, would cease to exist, which considering they do not create any added value would be no great loss. Most of their employees would also be absorbed into the expanded national healthcare service. What does this mean for employment going forward? It will be different. It will be liberated in a way we can only imagine now. It will be open to interpretation by Generation 'Z' demographic in ways we can only dream of now, but it will be exciting. Dan Lauer, Maxine Clark, Carson Tate, Adam Grant, University of Missouri-Saint Louis, Washington University in St. Louis - Olin Business School
Life coach for corporate leaders - Former director and member of the board - Consultant - Published author.
2 年This is a great article Carson Tate. One challenge that Companies may have is that a certain number of existing managers are neither cut out nor willing to listen as a coach would do as they were promoted for their mastery of a particular function and so while they are great "technician" they lack the skills connected with managing a team of people that require a different skill set starting from active listening.? I read this article also as an invite to the top leadership teams to embrace a radical cultural change where even the selection process of the new leaders/managers will have to include an assessment of the candidate's coaching skills and competencies.??SME's may be great specialist but not necessarily great people managers. Thank you for the great share!