Giving Compass’ Take:
• In this post for Inc. magazine, Firebrand Group CEO Jeremy Goldman talks about three tenets of successful businesses that focus on a healthy internal culture and employees’ well-being.
• While this advice is directed at the private sector, it can just as well apply to nonprofit work. A happy team engaged with the core mission will lead to better outcomes all around.
Many leaders think of healthy organizational change in terms of improving company culture and boosting employee engagement. While culture and engagement are important, an organization’s health is much more than that, and it’s crucial to success. McKinsey defines organizational health as being unified in purpose, delivering with efficiency, and remaining relevant through innovation. Better health equals better performance, as I’ve learned while building Firebrand Group over the last few years: there is a direct correlation between our organizational health and how profitable we’ve been able to become.
Your team is only effective when it can rally around your company’s goals and be fluid enough to adapt to new challenges as they arise. A winning team will work toward the shared goal of company health, but it’s your opportunity as a leader to fashion the team that will enable your organization to function the best it can. This means making your entire organization healthier through smarter staffing, fair benefits, and a shared mission.
1. Be choosy about your team. Building a dream team is about quality, not quantity, and every employee on the team should be committed to the company’s mission. Besides hiring the right people, this also includes firing the wrong ones. No matter the size of your company or brand, holding on to an underperformer will consistently drag your team down.
2. Support the heck out of your teammates. Your team of motivated and dedicated professionals devotes the majority of their waking hours to advancing your goals, so it’s imperative that you supply the benefits that’ll make their lives the best they can be.
3. Help everyone see the big picture. McKinsey’s Organizational Health Index ranks a shared vision and strategic clarity as the biggest improvers of organizational health. Employees want to know both how they are contributing to the corporate mission and what the company’s larger goals are. What’s even more engaging is when employees can rally around a company’s charitable initiatives.
Read the full article about organizational health by Jeremy Goldman at inc.com.
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