Maintaining Team Morale and Enthusiasm in a Recession
Colin Thompson
Managing Partner Cavendish/Author/International Speaker/Mentor/Partner
Successful motivated people make successful businesses!
Businesses?globally are facing probably the most challenging time since the Second World War. Most of those in positions of responsibility have little or no firsthand experience of dealing with a recession on a global scale.
In times of boom it feels easier to motivate and enthuse people because there is always the promise of a bonus or of promotion. The picture becomes very different if cash flow is short and there is constant threat of having to reduce the workforce. When the decision makers are feeling under threat and constantly face the stress that the responsibility for their own livelihood, and that of all those who work for them, it is very easy to make decisions which might seem right in the short term but can have far reaching negative effects on themselves and their workforce.
When things are going well economically, there is always a paradox. Team and organisational leaders can choose to use money as their major motivator. The size of the bonuses was at times mind blowing (especially in banks where they receive bonuses whatever happens). Staff were led to expect financial rewards for completing targets and it appeared to keep well qualified and able staff on the payroll. The reality was, in the experience of many of my staff, very different. When there is plenty of work about people have a sense of security and know that if things get tough in their current place of work they can always look for and find another job. Their loyalty can be to themselves rather than to their organisation. Where unrealistic expectations are created around bonuses they can create massive de-motivation and a haemorrhaging of able people to other organisations.
In times of financial difficulty there is an overriding need to have experienced, enthusiastic staff who are as committed to making the business a success as the Senior Management Team. As the competition gets more cut throat, it is the teams who work together, creatively and cohesively, who will win out. Morale, enthusiasm and having the key skills and competencies are absolutely vital if organisations are to survive in the long term. Money is not as available and the security of having a job in the short term is simply not enough to ensure that your organisation is fit enough to survive the recession and ready to expand as the recession recedes.
How can you motivate and enthuse your workforce in times of recession?
Influence is the compass and Persuasion is the map for the journey to your success, so follow your Leader to the Success.
"Seek not to change the world, but choose to change your mind about the world. What you see reflects your thinking. And what you’re thinking, but reflects your choice of what you want to see."
— Quote from A Course in Miracles
Take a majestic oak tree. Some may see the tree as gift from God—a source of life, energy, and shade wrapped in magnificent beauty. Others see the annoying leaves that will litter their lawn in the fall, the roots that could damage their sidewalk, and the potential devastation of a single lightning strike. The tree isn’t any different. But the people who view it are remarkably different. And their lives will follow the very path of their perceptions. Choose to live life through optimal vision.
What is your call to action now?
What bold actions are you prepared to implement to realise your potential?
What pay off are you expecting from your actions?
Find your passions and purpose. They can be small and simple.
Find your drive and commitment. It can be about one important thing.
Begin now and start today to rekindle your motivation fire.
Enjoy the ride and savour the way it makes you feel about yourself.
Have fun, learn heaps, and remember life is all about commitment, have the right attitude to make `your` own success in life with others!
?"There is no achievement without making goals for your success."
-?????????Colin Thompson
`To Be Successful in a Thriving Global Digital Economy`
"People with goals succeed because they know where they're going on their journey to success."?
-?????????????????????Colin Thompson
?`Tomorrow You Will Become – What You Choose Today`
Blue Print to Your Success in Business and Personal Growth
Sharing successful information from many sources for your success.