In the age of ‘The Great Resignation’, it is more important than ever to have sound management practices in place. But what should you do if a valued team member decides to leave? Here are a few tips on how to manage the situation and keep your team moving forward.
As the world changes, employees are becoming more mobile than ever. Loyalty is an archaic concept that does not serve any purpose in this new culture of seeking the best offer through job-hopping.
So how can companies gain loyalty?
There are, of course, many tangible benefits that can be offered to employees, but at its core, it comes down to one fundamental thing: leaders must be able to inspire people. Leaders must learn to develop the leadership qualities that are key factors for this inspiration.
First of all, authenticity is paramount. People do not want to be led by someone who does not believe what he or she says. They want to follow a leader that they see as one of them, someone who has a real understanding of their problems and is willing to fight for their wellbeing. Loyalty towards this kind of leader is inevitable if employees feel they are fighting on the same side, under a shared vision.
Another aspect of leadership that can be decisive in gaining loyalty among employees is competence. Employees will not follow a leader who does not possess certain skills or who does not use them well. They have no reason to respect the leader’s authority.
Finally, engagement may be the most important factor when it comes to gaining loyalty among employees: no one wants to follow a pushy person that only shouts and never listens. Loyalty cannot be commanded; it needs to arise from mutual understanding and respect between the leader and employees. Therefore, true leadership is not simply about what you say and what you want, but about listening to what people say and do not say.
Why does this matter?
Loyalty is crucial in times of turbulence when things are changing exponentially fast. Loyal employees will stand by your side in moments of crisis; they will be there for you if the company needs them most. Loyal employees are more committed to the organization, have more passion for their work, and are likely to go above and beyond what they are expected to do.
When times are good it is easier to keep employees; in fact, loyalty tends to be less important when there is an abundance of jobs on the market. Loyalty only starts becoming a barrier when the going gets tough, for example: when companies need to restructure.
In conclusion, leaders should focus on gaining loyalty by being authentic, competent, and engaged. They must listen to employees rather than being mere commanders. As loyalty resides at the core of leadership, the qualities that inspire loyalty will define the most successful leaders of the 21st century.
Impro Can Help Your Organization to Survive the Great Resignation
If you’d like to learn more about retaining your top talent, we can help. At Impro, we guide leaders to become more authentic, competent, and engaging to find a higher level of fulfillment in their jobs.
We’ve taken lifetimes of knowledge from one-on-one coaching and created an online platform that helps people personalize and achieve. In just five minutes a day, you can unlock your and/or your team members core abilities to perform at the highest level.
Learn more about Impro on our website today. We’d love to hear what you think.