Employees Make or Break Business Success (2024)

A business is only as successful as its employees, and that goes for any industry. Whether you’re running an office, a retail store or an online business, the rules of leadership apply. But it takes nurturing to develop a workforce that optimizes your operations. After all, even the most genuine, talented and loyal employees need direction and encouragement to succeed.

When you guide and motivate employees properly, you engender a positive workplace atmosphere that boosts productivity and promotes employee retention, which are crucial elements of business success. To promote a positive workplace where employees go above and beyond to achieve organizational goals, you must lead by example, utilize everyone’s strengths and value their contributions.

How employees contribute to an organization’s success

Employees Make or Break Business Success (1)

Although motivated entrepreneurs and talented leadership teams are essential, your business’s employees are the lifeblood of your organization’s success. The right employees will carry out your mission, influence customers and propel business growth.

Here are some ways your employees benefit business success:

  • Employees carry out your mission. You may have written the perfect mission statement, but it means very little unless someone is fulfilling that mission. Employees are vital to an organization’s success because they’re directly responsible for carrying out your business’s mission, purpose and tenets. For example, if part of your mission is to provide excellent customer service, your belief in that mission isn’t enough. Your employees must be the ones to aspire to a customer-delight level of service.
  • Employees are the lifeblood of your company. Your employees do more than carry out your vision; they’re truly the lifeblood of your organization, running every aspect of the business. Their expertise drives your processes, products and productivity. When you value your employees and their contributions, they’ll reward you with loyalty and excellent work.
  • Employees drive revenue. Employees are directly responsible for driving revenue and keeping the operation afloat. In particular, talented sales teams and marketing departments significantly benefit your bottom line. Keeping your team motivated means maintaining cash flow and improving your revenue.
  • Employees influence your customers. Employees are your closest link to your customers. Customer-facing employees come to understand your customers’ and prospects’ needs and problems, so their insights can guide product quality, service solutions and much more. When your employees believe in your organization, those positive feelings translate to your customers. Conversely, dissatisfied employees can cast a negative shadow over your business and turn customers off.

To empower and encourage your staff, communicate your vision to them clearly, get to know them on a personal level, and encourage self-improvement and professional development.

6 ways to guide and motivate employees

Employee quality goes beyond business skills and resumes. When you nurture dedicated teams, you lay the foundation for your business’s success. Consider these six ways to guide and motivate your employees:

1. Leverage your employees’ unique strengths.

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Your employees were likely hired for specific roles based on their skills and experience. However, your employees’ unique strengths will become apparent as they work in your organization. For example, if someone displays top-notch public speaking skills, find ways to utilize them for presentations. If someone’s tech talent is extraordinary, have them evaluate your network and systems to enhance efficiency.

Playing to each employee’s strengths bolsters the entire workplace. Your team members will feel recognized and will likely enjoy their work more. Happy employees are less stressed and physically and emotionally healthier. When they’re operating at a higher level, they’ll be more productive and will positively engage with co-workers, vendors and customers.

2. Respectfully hold employees accountable.

Accountability means much more than chastising employees for mistakes; it’s a valuable management tool that fosters respect, high-quality work and independence.

Holding employees accountable requires a system that focuses on clear expectations and outcomes. Spelling out precise expectations ahead of time helps every team member understand the standards they must uphold. Clear expectations empower employees to work independently while fostering trust between managers and their staff.

Holding someone accountable for less-than-stellar work ensures that future efforts are better. While you may be concerned about damaging employee-manager relationships, clearly delineated accountability specifications can create trust and foster respect.

Time clock apps that help account for everyone’s hours accurately can be part of your accountability system (while keeping your business compliant with labor laws). Often, the problem isn’t that employees bill for time they didn’t work; it’s that they underreport hours because they fear negative repercussions and are concerned about job security. Let your employees know that you value their contributions and that they deserve compensation for their excellent work.

Did You Know?

The best employee monitoring software can improve operational efficiency by helping you evaluate your processes and the time spent on various projects. You can often gain insight into how your team’s time can be better spent.

3. Establish an open, two-way feedback loop.

An open feedback loop is a significant element of developing a successful team. It involves sharing feedback with employees and accepting their feedback with interest and respect.

For example, if a team member is struggling with their workload, offer informal feedback so they’re aware they’re not meeting expectations. If the situation continues, you may need to implement additional performance management tactics. Conversely, if someone has exceeded your expectations, let them know how well they’re doing and how much their efforts are appreciated.

Accepting employee feedback is just as important. Be transparent and open when you receive in-person or anonymous employee feedback. Employees should have room to comfortably and respectfully voice their thoughts or concerns about what the company is doing well and where it’s falling short.

4. Break stretch goals into smaller pieces.

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While success may look different in various businesses and industries, all organizations want to succeed. Your business’s goals affect everyone in the operation and often require specific employee performance goals and targets.

Setting goals with your employees can fuel their desire to work harder and make a more significant impact. However, goals that are too ambitious for teams and individuals can result in burnout and low morale.

The SMART goals system is an effective way to handle team and company-wide goals. Here’s what “SMART” stands for:

  • Specific: Goal specificity directs your team to achieve a highly detailed goal.
  • Measurable: Ensuring your goals are measurable requires analysis of preset key performance indicators.
  • Achievable: When you make goals achievable, you set your team up for success.
  • Realistic: Realistic goals go hand-in-hand with achievability; you don’t want to set unrealistic goals that your team can’t attain.
  • Timeline: A timeline will help your team stay on track and synchronized as goals are reached.

Bottom Line

Setting SMART goals in your business plan helps your team chart a course, stay focused and enjoy success.

5. Give your teams more autonomy.

Greater team autonomy can benefit specific teams and your overall company culture. When teams are more autonomous, leaders don’t have to spend time micromanaging and can plan for the future and address other company needs. Workplaces that prioritize autonomy encourage employee retention because employees feel respected and can enjoy a more positive work-life balance.

However, before you increase autonomy, you must give your employees the tools they need. Autonomy means nothing without the training, systems, devices, tools and skills the job requires.

When increasing employee autonomy, offer frequent opportunities for the employee to practice making decisions independently. Follow up with constructive feedback so everyone understands company expectations and receives appropriate praise. Autonomy done correctly can solidify the bond between employers and employees.

6. Lead by example.

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To promote a positive workplace where employees are happy and thriving, you must lead by example. Actions speak louder than words. If you want a hardworking team that goes above and beyond, company leaders must exhibit these qualities. If you want everyone to treat each other with respect, this culture must start with management.

Nurturing an employee-centric culture can motivate your team members to perform to the best of their abilities and elevate your business to something everyone can be proud of.

Julie Thompson contributed to this article.

Employees Make or Break Business Success (2024)

FAQs

How do employees influence the success of a business? ›

Employees can influence how a business operates by: increasing or decreasing productivity. providing good or bad customer service. in extreme cases, withdrawing their labour and going on strike.

How can an employee contribute to the success of a company? ›

Employees produce the final product, take care of finances, promote your business, and maintain the records for decision-making. They figure out how to keep making items and selling them to your customers. Without your employees, you would not have a product or service to sell to customers.

Do you think that employees are the key to the success of a business? ›

Employees are vital to an organization's success because they're directly responsible for carrying out your business's mission, purpose and tenets. For example, if part of your mission is to provide excellent customer service, your belief in that mission isn't enough.

Why are employees so important to a business? ›

The phrase "the heart of any business is its workforce" highlights employees' vital role in a company's success. Employees are what drives an organization's development and growth. They carry out regular operations, put new ideas into practice and provide clients with goods and services.

What three factors most influence the success of a business? ›

The three primary factors are the market, the solution, and the team. Let's start with a simple framework before diving more deeply into each major factor.

How much influence do employees have on a business? ›

Employees may have a limited amount of influence on business decisions. However, they can also affect the business directly, eg by refusing to work or not working as well as they should. Customers buy products and services and give feedback to businesses on how to improve them.

What are two examples of employee contributions? ›

In the United States, common examples of employee contribution plans include defined contribution pension plans such as the 401(k), employee stock ownership plans (ESOPs), and corporate profit-sharing plans.

How did you contribute to your team success examples? ›

Example Answer

I sat down with them and listened to their concerns, and together we came up with a way for them to feel they had more input in the project. By helping them feel listened to, I helped our team complete the project successfully and on time.

How do you succeed as an employee? ›

Eight tips to achieve success at work:
  1. Understand your employer's expectations. Make sure you understand your company's culture. ...
  2. Be a team player. ...
  3. Willingness to take on extra duties. ...
  4. Be considerate. ...
  5. Be on time. ...
  6. Meet deadlines. ...
  7. Pay attention to career advice. ...
  8. Maintain a positive attitude.

What does success look like for an employee? ›

Successful employees aren't afraid to speak up and share ideas. They also know how to temper their excitement in such a way that it's not about putting down current processes or ideas, but instead about finding a way to collaborate to be more efficient and improve the bottom line or current processes in place.

Are employees the backbone of a company? ›

In conclusion, employees are the backbone of a successful company. They are a valuable asset that must be invested in, nurtured, and encouraged to be the best they can be. As an HR professional, it is our responsibility to create a positive work environment that fosters employee engagement, motivation, and retention.

What are two ways to increase profit? ›

Ranking your profit drivers

The top profit drivers common to most businesses include: increasing sales (turnover) improving gross profit by either increasing price or reducing input costs. reducing overhead expenses by improving efficiency.

What is the most valuable employee? ›

An employee who shows leadership, initiative and resourcefulness. Someone that actively strives towards work-related and personal goals and to which others aspire.

Why employees are the most important? ›

Employees are the backbone of any successful organization, and they are the most valuable resource that any company can have. They are the driving force behind every process, innovation, and success that an organization achieves.

Does employee engagement improve business performance? ›

High employee engagement equals less absenteeism, less turnover, less theft and defects. More safety, more profitability and better quality. And happier customers! Companies with better levels of employee engagement vastly outperform competitors in every area.

How do employees influence a business as stakeholders? ›

Employees play a large role in whether a business meets its aims and objectives. Employees can affect the business directly, eg by refusing to work or not working as well as they should. Hard-working employees would increase sales, however employees could also ask for wage increases, which would increase costs.

How empowering your employees helps improve business? ›

Employee empowerment can instill greater trust in leadership, encourage employee motivation, lead to greater creativity, and improve employee retention ー all of which ultimately results in a better bottom line.

What is the impact of employee motivation on business performance? ›

Motivated Employees are More Productive

Thus, they are driven to discover their best selves for the organization. Whenever employees are giving their best in the workplace, the whole workflow becomes more efficient. Thus, organizations' capacity to produce high-quality work increases.

How does employee engagement affect business outcomes? ›

introduction to employee engagement

High levels of engagement can boost business outcomes, such as increased productivity and higher levels of customer satisfaction. On the other hand, disengagement in the workforce can have a negative and costly impact, such as higher turnover and increased absenteeism.

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