Posts

The Workplace of the Future is NOW – Do You Have a Plan to Solve Employee Disengagement and Anxiety?

, , , , , , , , , , ,

Our clients tell us they can’t keep up because the world is changing so rapidly. The word “change” actually seems insufficient to describe the rapid transformation affecting all our businesses. And yet we’re more connected than ever.  One misstatement, misstep, miscalculation of impact and a disgruntled person’s tweet can go viral at a moment’s notice. We’ve never felt more vulnerable to the opinions of others and it’s affecting our businesses.

Not a stretch for any of us or our businesses, just look at what happened to Peloton recently. When its holiday commercial failed to strike the right note with its customers, the company’s stock dropped more than 10% after a storm of criticism helped its infamous commercial go viral for all the wrong reasons.

But it’s not just our customers that are challenging. Our employees live in this world and they are challenged by the change too. They’re also confused. Hence, most businesses are facing a two-headed crisis with their employees: (1) disengagement and (2) anxiety. Just when we need our teams to pull together, crush performance, and be stronger than ever, actually the opposite is happening. Our employees are instead disconnected from each other or with their bosses. Rampant anxiety is hurting their individual performance. And high turnover is costing us serious money.

At launchbox, we’re all about finding solutions to help you solve disengagement and anxiety to ignite your team and company’s performance.  We’ve developed a 3-hack strategy you can use to ensure your company is meeting the demands of the changing workplace. Follow along as we show you how we’re helping three clients solve their own unique organizational problems:

Asking Questions to Solve for Disengagement

One of the clients we work with had a modern challenge that needed solving: many of their employees worked in the field at customer sites while others remained behind at the company’s main office. Not surprisingly, they were struggling to keep their remote employees engaged.

When they came to us for help, we coached them to start by conducting an assessment of all their employees to help them figure out what the specific problems were. Turns out the employees that spent a lot of time in the field were having trouble remaining connected to their peers, the company’s mission, their contribution, and ultimately their own career path.

With this information in hand, we were able to help the leadership design and implement specific engagement strategies through coaching individuals and the team to create increased engagement. The solution? Double down on understanding the employees needs and then solve them at the individual and group level.  Model behavior, downstream techniques, and stand for the employee. The result? Greater engagement and increased retention across the entire company.

Helping Employees Find Meaningful Work

Another of our clients, a respected financial advisory firm, sent one of their talented young employees to get coached by us. This young man was struggling to find real meaning, purpose and contribution in his work. The company’s mission of protecting their clients’ assets and growing wealth just wasn’t cutting it for him. He was looking for something deeper, more meaningful, something to feel he was a part of and that would allow him to make a difference.

In working with us, he learned about himself, his own why, and the impact he wanted to have. It was critically important for him to have belief around his impact and tangibly see the results of his work (in the form of seeing his clients’ wealth grow) in order to feel connected to what he was doing. We talked about how he could better communicate that to his bosses in order to get some help to create bigger results for all of his accounts.  He was predisposed as many millennials are to create impact.  We tied his ambition and work to philanthropy that was created by the growth of wealth. Once he became aware of this meaning, he could articulate it as his value and extend it to his clients.

Can you guess what happened next? He got the help he needed from his supervisors to recast his own meaning and impact in order to contribute to the team. This in turn helped his clients AND his company’s bottom-line.

He also discovered how to live his own values and find greater purpose and contribution by seeing the positive things his clients were able to do for both their families and for others as a result of their increased wealth. How’s that for a win?

Reskilling Emotional Intelligence

Management at one high-end health club came to us because they were frustrated with the performance of their younger employees. They felt that many of them didn’t display the warmth and friendliness they wanted to see in such customer-centric positions.

After instituting hacks 1 and 2 above, we dug deeper to create a system of skills to help employees connect more readily to the company’s mission. We helped the employer bridge the generation gap by showing them how to reskill their young employees on the basics of customer service, making it about teaching, learning and growing. We encouraged them to train and coach young employees on connection. This gave their young people skills they could see they would use forever. It also made them feel that they had power over their own future, that they were creating their own path to success. Finally, we encouraged management to illustrate how their role was absolutely vital to the entire customer experience and that how they showed up as individuals made the ultimate difference.

The culture at the health club became one that was focused on others and giving value. As a result their young people began to flourish. They learned new skills and changed the way they communicated with clients and their peers. And ultimately, they took ownership of their own self-development and growth in order to provide the best possible experience for the customers they saw every day.

 

As we enter the next decade, one thing is for sure: the workplace will continue to rapidly evolve even faster. In order to keep up and achieve even greater success in the years to come, make sure you’re solving problems for both your customers and your employees. If your company could use a little support in igniting growth like these three clients, book a free call with one of our coaches today!

Young Lawyers are Leading Change in the Law Practice, Like it or Not

, , , , , , , ,

Change is coming one way or another. That was the conclusion of a recent report from Major, Lindsey, and Africa, a leading attorney search firm, in which they detailed their findings after surveying over 1,200 millennial attorneys. And while their survey was exclusively focused on law firms and the people they employ, we’ve noticed similarities about our clients inside law as well as those we work with across all kinds of industries.

There are three things we’ve deduced from the survey as being absolutely critical for employers to understand: 1) Work-Life Balance Rules 2) Lack of Authenticity and Transparency is a Non-Starter 3) Career Pathing is Your Duty

Just look at these results:

-Less than 30% of respondents described their firms as being very transparent about an associate’s career path.  Yet more than 80% of respondents still described transparency surrounding their individual career paths as being important to crucial to them.

-Only 20% of respondents classified themselves as being highly loyal to their firms. And of those, 54% still said they were not open to new job opportunities. It seems these things go hand in hand!

-When evaluating prospective employers, respondents cited these three factors as being most important in their decision: the employer’s commitment to fostering work-life balance, compensation, and professional development.

-If a respondent was open to new job opportunities, it’s usually because they were seeking better compensation, looking for a change in management or company culture, or wanted more work-life balance.

-More than 60% of respondents said informal mentorship has had a significant or crucial effect on their career. And almost 30% indicated that formal mentorship was irrelevant.

(Click here to read the full survey)

Did any of those results surprise you? They surprised ME and I do this for a living!

Like it or not, change is coming to your organization. So the question is: are you ready?

We’re going to break down how you can prepare your company to meet the needs of the worker of the future so that your organization can survive and thrive. After all, a company is only as good as its people. And if you can’t figure out how to give your best people what they want, they’ll find someone else who can – like your competition!

WORK-LIFE BALANCE RULES

We’ve been fighting to achieve work-life balance SINCE THE BEGINNING OF WORK.

Can we actually achieve work life balance or is it a myth?  And what the heck does work-life balance even mean? Because it’s different for every single employee.

One hack is to turn your organization upside down and ask each employee what work-life balance means to them. Understanding what your audience wants, a novel concept. Does it mean coming in early so they can leave early? Does it mean working from home a few days a week? Or does it mean not working a weekend, ever. Whatever it is, you’ve got to figure out what your employees need from you and then figure out how you can deliver it in a way that still serves your business goals.

There, now you have a system to find a way to help your employees achieve the work-life balance they crave. Remember, it goes both ways. You can give employees the better balance they want, in a way that meets your expectations.

LACK OF AUTHENTICITY AND TRANSPARENCY IS A NON-STARTER

Ah, transparency. Seems everybody and their brother wants the people, the government and the companies in their lives to be more transparent.  Science and data demonstrate people want the truth, as in can you be trusted.

So, you need to figure out how to be really real with your employees. And not just raw and authentic when it suits you – it needs to be baked into your company culture.  So entwined with the day-to-day operations that it is embedded in your culture.

How do you get there?

Friggin connect with your employees. Learn their story, find out what they want out of their job and their life, and understand what really matters to them. If you can achieve that you will create Trust.  Having a culture of trust and transparency and communication is what creates results.  See The Speed of Trust by Stephen M. R. Covey:  (Strategy x Execution) Trust  =RESULTS . And not just any results, exponential results!

CAREER PATHING IS YOUR DUTY

In a world of on-demand learning, is it really any surprise that formal and forced mentorship is on the decline? We all want to learn at our own pace, on our own schedule, and with who we trust – which just doesn’t gel with a rigid mentorship structure.

Which isn’t to say that formal mentors themselves are out. We just want advice delivered in a more informal, of-the-moment way. So rather than formally defining our relationships with our employees in the workplace or relegating their career development to some far-off date on your calendar, practice delivering real-deal, authentic feedback. That means correcting the behavior when it happens, not during their annual review. It means taking time out of your busy schedule to commend an employee on a job well done – even when you’re so busy you can’t think straight.

We have to find a way to build more mentorship and professional development into the day-to-day culture of the workplace. And while you may be rolling your eyes and thinking, “Sure Dan, I’ll be sure to add that to my never-ending to-do list” the truth is, it’s critical you get this right. Employees who are listened to, supported in their role, given the tools to succeed, and encouraged to bring new ideas to the table do better work and STAY! It’s that simple.

Here’s the bottom line: if you want to survive in the years to come, you’ve got to figure out how to create and deliver:

1.  Work Life Balance

2.  Authenticity and Transparency

3. Career Pathing

It’s the only way.

Need help figuring out how to give your employees what they want in a way that still serves your company? Reach out to us for coaching – we’ll equip you with the tools you need to succeed! Click here to sign up for your free coaching session.

Become, Attract, Create, and Retain the Worker of the Future!

, , ,

Who is the most important person in a business? If you ask most experts, they’ll say it’s the customer. However, really great leaders like Richard Branson will tell you it’s the employee. Which is absolutely correct. After all, it’s always the employee that takes care of the customer and creates the experience that brings the customer back. So why, when we talk about the future of work and the workplace, do we leave out the most critical asset, the worker of the future?

Probably because training and building amazing employees is one of the hardest things in business. People and relationships are tough!

But don’t stop reading here. It’s one thing to know your employees are important and another thing to actually walk the talk and do the work to treat them that way. Your future success will depend on how well you can understand, train, and build your employees to become the worker of the future. In a 2018 talk at BetterUp Shift, Josh Bersin, founder and principal of Bersin by Deloitte, told the audience that, “The future of work actually has little to do with technology, AI, or algorithms. It’s all about people, organizations, and how we manage people within these organizations.” And he’s absolutely right! People are people and they will always be the differentiator in growing our businesses.

So when we look ahead to the future, instead of asking ourselves questions like:

  • Will my job be obsolete in ten years time?
  • Is this booming business venture a momentary fad or something more?
  • Will a machine take my job?
  • If the workplace of the future changes drastically, will I be able to see it coming or will I be caught unaware?

Let’s focus on what we KNOW AND CAN control: our relationships with our people and how we can grow them to become the employees we need both now and in the future.

As Robert Bernard Shaw once said, “Life is not about finding yourself, it’s about creating yourself.” Rather than worrying about what the workplace of the future or the future of work will be, let’s focus instead on creating the WORKER OF THE FUTURE from the inside/out with a few simple steps!

 

Who is the Worker of the Future?

In his book The Future of Work, Jacob Morgan argues that there are five emerging trends:

  • New behaviors shaped by social media and the web
  • Collaborative cloud technologies
  • New generations of workers with new attitudes, expectations, and ways of working
  • Greater ability to work from anywhere, anytime
  • Increased globalization and connection to diverse peoples

These trends aren’t just hypotheticals; they’re already permeating our workplaces and rapidly changing how we work. And not just in a few industries either. These workplace trends affect all of us, no matter who we are, where we are, or the type of work we do. To survive and thrive in the new future of work, we ALL must become the worker of the future. And we know that people are people and the thread is within: People are the workers of the future even when everything else changes around them. So, listen right here, right now. Universities, colleges, businesses, please, and I mean f*&^%n please, start creating the worker of the future by training them on themselves and relationships that add value to others.

So if you’re a worker (whether manager, front line, C- level) what will you do today to recreate yourself as that worker of the future? How will you navigate these trends? Who will you be while you’re doing that and how will you go about developing yourself to meet the challenge?

Here are a few tips:

  • Know yourself
  • Learn your story
  • Create trust
  • Build solid relationships, starting with yourself
  • LEARN and GROW: update all those skills you need to survive today.

And if you own or run a business, then figure out how to teach and train all your employees these methodologies. We all know they don’t come to you with them naturally, they’re not teaching them in college, and there’s no school on creating the worker of the future. So go ahead and beat the competition and be that for them!

 

What Skills Will the Worker of the Future Need to Succeed?

Aside from the technical skills needed to complete their work, the WORKER OF THE FUTURE will need other skills that I would argue are much more important. After all, technical skills are relatively easy to acquire and train. These other skills aren’t so easy to come by and require significantly more time and energy to develop.

  • The worker of the future must be:
  • Obsessed with learning and growing
  • Authentic and vulnerable with others
  • A great communicator
  • Knowledgable about what their “why” is and what they have to contribute to
  • others
  • Flexible
  • Innovative
  • Entrepreneurial (even if your ambition is more intrapreneurial in nature)
  • Collaborative
  • Self-motivated
  • Certain of who they are
  • Able to tell stories that connect
  • A leader
  • Trustworthy

Did you notice that the four skills at the top of the list are concepts we’ve been talking about for years?! As a matter of fact that is what we do and who we are. We believe are at the precipice of creating and building theWORKER OF THE FUTURE!

 

What Can I Do Now to Ensure I’m Becoming the Worker of the Future?

Whether you’re an employee who wants to ensure you always have a job, a manager who wants to keep climbing the career ladder, a freelancer who wants to make sure you’ll always be in-demand, or an entrepreneur who wants to build a business that people can’t get enough of, you need to start by ensuring YOU are becoming the WORKER OF THE FUTURE.

To do that, you start by focusing on yourself. Yes, you need to cultivate those thirteen skills on the list above, but you need to understand yourself first. Because you can’t help others and you can’t have the impact you want, without getting real about who you are, what your story is, and what you have to offer in the workplace.

If you’re serious about becoming, hiring and/or training the worker of the future, you need to invest in yourself now to make sure you will win in the years to come.

KEY TAKEAWAYS

  1. Focus on What You Can Control.
  2. Deepen Your Relationship With Yourself.
  3. Know Your Story and What You Have to Offer.
  4. Develop the Thirteen Worker of the Future Skills You Need for Success.
  5. Make it About Others.
  6. Always be Learning and Growing