As many of you may already know, TradingPlc is a Co-working Space in Singapore. It’s a compact team working closely together into aspects of perfection.
During this Circuit Breaker period, you and your employees are not working side by side. Are you supporting them?
First, ask yourself, do you think you’re a Boss or a Leader?
A boss manages their employees, while a leader inspires them to innovate, think creatively, and strive for perfection. Every team has a boss, but what people need is a leader who will help them achieve greatness. Not sure how to tell the difference between the two?
What ways can you show your appreciation to the people who work hard?
Bosses explain; leaders inspire.
Awards, Recognition & Love for your employees.
Most of the time, when a person applies for the job they wish to be working happily and they will love their job. Paycheck usually comes later.
We’re only human, and humans have the basic need to be recognized for their efforts.
Using praises such as “Good Job”, “Thanks for your help” can show a person that their works are appreciated, instead of just command them this and that.
Bosses discipline; leaders mentor.
Learning Opportunities is something a leader invest in their employees. Impart them with your knowledge or sending them to seminars and training, improves the value of your employee, hence a better workplace.
Being a leader will let your employees appreciate the opportunity and less likely to leave for another working environment.
This benefits the employee and the company.
If you are unable to encourage them, or teach them, at least, do not put them down.
Bosses delegate tasks; leaders delegate authority.
Independence for a better working environment.
Most employees don’t like it when their boss, or anyone else, constantly “judging their capability”.
They want the independent feeling to do their work without someone questioning every move they make. Give your employees a certain timeframe to get everything done, and then step back and give them the independence to complete everything themselves – within the guidelines and framework that you have set.
Yes, it doesn’t sound like much of a reward, but, independence and autonomy is something every employee values in the workplace.
How do you go from boss to leader?
To be a good leader, you, most importantly, being fair is the most important as a leader. Do not be bias.
When Employees Think the Boss Is Unfair, They’re More Likely to Disengage and Leave
For example, let’s say an employee is handed a project that she is driven to advance. However, her boss has given her feedback indicating that she lacks drive, initiative or when she doesn’t receive any feedback on the project, but yet she was deemed lack of drive. These cases, we conclude that the employee feels that her boss’s judgment of her ambition is wrong, and therefore, she perceives bias.
Now, from being a leader, you become a boss in all employee’s view. Your employee is more likely to have looked for another job while at work in the past six months, and they are more likely to say they intend to leave their current company within a year. This has high costs for companies, since losing employees is expensive.
All you need is to spend a little more thoughts but it makes a huge difference in the amount of impact you put out there.
Let’s brave through this period and the upcoming future is going to be fun!