Calculate your true cost of employee turnover

Navigating change in the workplace is a critical skill that must be mastered to ensure personal growth and organizational success.

Whether you’re dealing with new technology, merging, shifts in market dynamics, or doing a career change, these strategies can help you effectively manage and thrive through change.

1. Embrace a growth mindset

Adopting a growth mindset is crucial when facing change. Viewing challenges as opportunities for development rather than obstacles helps you embrace the unknown as a chance to learn new skills and expand your professional capabilities. According to research by Carol Dweck, individuals with a growth mindset are more likely to embrace challenges, leading to increased resilience and a higher likelihood of achieving success (Dweck, Mindset: The New Psychology of Success, 2006).

2. Focus on what you can control

Change often brings uncertainty, but focusing on what you can control helps maintain a sense of stability. Identify the aspects of the change that are within your influence and take proactive steps to manage them. This approach can help reduce anxiety and improve your adaptability.

3. Build a support network

Having a strong support network is vital during times of change. Colleagues, mentors, and coaches can provide valuable guidance and emotional support. Engaging with others who are also navigating change can offer new perspectives and solutions.

4. Enhance your communication skills

Effective communication is crucial for navigating change in the workplace. Clearly expressing your concerns, asking questions, and actively listening to others fosters a collaborative environment. Transparent communication builds trust and helps address any uncertainties that arise during transitions.

5. Stay informed and proactive

Keep yourself informed about industry trends and internal developments. Being proactive in seeking out new knowledge and skills prepares you for upcoming changes and positions you as a valuable asset within your organization. Staying ahead of the curve reduces the impact of unforeseen changes.

6. Manage your emotions

Change can be emotionally taxing. Practice self-awareness to manage your emotional responses effectively. Techniques such as mindfulness and stress management can help you stay grounded and maintain a positive outlook during transitions. Explore this resource on communicating with emotional intelligence on LinkedIn Learning for further guidance.

7. Develop resilience

Resilience is the ability to bounce back from setbacks. Building resilience involves developing coping strategies and a positive attitude towards change. Viewing change as a natural part of your professional journey helps you stay flexible and adaptable. Check out this mini-course on LinkedIn Learning for more in-depth insights.

8. Seek out training and development opportunities

Investing in your personal and professional development is crucial during times of change. Take advantage of training programs, workshops, and coaching sessions to build the skills needed to navigate new challenges. Continuous learning ensures you remain competitive and competent. According to the Harvard Business Review, companies that invest in employee development are 2.9 times more likely to be viewed as leaders in their industry (You Need a Skills-Based Approach to Hiring and Developing Talent, 2021).

9. Focus on self-care

Prioritizing your well-being is essential when dealing with change. Ensure you maintain a healthy work-life balance, exercise regularly, and practice self-care routines to manage stress. A healthy mind and body are better equipped to handle the demands of a simple or career change.

The role of coaching in navigating change

Executive coaching plays a pivotal role in helping you manage change. Sama’s coaching platform is designed to unlock individual potential by providing personalized guidance and support. Our coaches help employees develop resilience, adaptability, and leadership skills, enabling them to thrive in a changing environment.

How many times do you think you’ve heard the phrase “we’re living in unprecedented times” in the last couple of years? Is it starting to sound meaningless? 

For many, the immediate sense of the pandemic threat has passed as people return to the office, travel, dining out and sporting events. What weighs on people’s minds today is the current state of the economy with surging inflation and a looming recession. This leads to a sense of uncertainty and potential instability for teams and leaders alike.

Unique circumstances call for a unique management approach for teams to thrive – which is an essential metric in the new world of work.

What exactly does it mean for an employee to be thriving?
Managers should care whether their team is thriving. A study shows that thriving employees miss less days in the office due to stress and have lower rates of burnout and health problems. Thriving employees have a positive outlook, are happy and energetic. A thriving employee is more productive.

4 Pillars to ensure your team is thriving

Create Purpose
Binding your team members through a common sense of purpose can help them find meaning in their work. Microsoft has found meaningful work to be one of the key components of thriving employees. No one wants to feel like another cog in the machine. When people understand why their work matters and how it fits into the bigger picture, they feel like they are part of something larger and are motivated to do their best work.

Offer Ownership
If the massive rise in the number of participants in the freelance, creator, and gig economies has anything to teach us, it’s that a sense of ownership is more important than ever to employees. No one wants to feel like “just an employee”. Good managers find opportunities to offer autonomy and ownership to team members. Holding your team members accountable is a powerful way to build a sense of ownership. Set clear expectations about the results you want and give them the freedom to achieve their targets in their own ways. It can feel scary for a manager to let go of that sense of control, but when it leads to thriving employees, the effort gives back tenfold. 

Supercharge Learning and Development
An important step to creating a thriving team is to offer generous opportunities for growth and development. A recent LinkedIn report found that 59% of respondents see professional development opportunities as one of the top areas to invest in to improve company culture. Helping your team members learn and grow is a great way to ensure they have the skills to respond to challenges and evolve with changing times.

Create a Sense of Community
Belonging is a basic human need. People who have a sense of community at work are 58% more likely to thrive at work, 55% more engaged, and 66% more likely to stay with their company. There are simple ways you can create opportunities for connection. Dedicate the first few minutes of your team meeting catching up with each other on non-work related topics. Organize social activities such as team quizzes and virtual bonding sessions for everyone to get to know each other.

Your company is only as strong as your people. Thriving employees persist and succeed in the face of uncertainty and can help you generate a competitive advantage to stay ahead of the curve.

There’s a handwritten sign on the door of the fast-food restaurant that shares a message with entering customers: “Short staffed! Please be kind to those who showed up today.”

If you’ve seen that image circulating on social media recently, you already have some understanding of the dilemma many managers are currently facing. The amount of work that needs to get done hasn’t changed, but on some days a manager’s team of 10 may actually be a team of seven, five, or even less. This is something we have seen happen during the last recession.

It’s easy to turn to those who are working and expect them to pick up the slack, but this approach is now more likely to backfire than succeed. The pandemic has led to a new kind of working culture and employee expectations surrounding work performance, compassion, loyalty, and trust in the workplace.  

What changed?
The pandemic created a unique confluence of factors that led many mid-career employees to reevaluate their priorities. Confronted with the feeling that their literal lives were on the line, many people started questioning their loyalty to work. The short, precious nature of humanity decreased their tolerance for burnout, and remote work gave many people a sense of what’s possible with more ownership of their time, like being more present with family or using a side hustle to pad their savings. During this time many new and younger workers sought entrepreneurial opportunities or joined the creator economy, starting their careers by working for themselves and failing to “buy in” to traditional workplace culture.  

This shift is reflected in another social media trend garnering notice in recent weeks: the concept of “quiet quitting.” Except it’s not actually quitting at all, but a term coined to represent employees coasting by on the bare minimum, refusing to put forth any effort beyond what’s absolutely required.  

Now, with employee loyalty and trust deeply eroded and leaders facing unprecedented demand for compassion, managers are stuck in the middle. It falls to you to provide the balance between leaders whose primary motivator is the company’s success (in the eyes of stakeholders like board members and shareholders) and employees whose primary motivator is, increasingly, their own wellbeing.  

How to Improve Work Performance
The good news is that managers can adopt compassionate tactics that rebuild positive relationships with employees while also creating a culture of high work performance. Being compassionate doesn’t mean you can’t hold boundaries; it means there are clear expectations and open conversations that take place within a result-oriented work environment. 

  1. Make learning and demonstrating compassionate tactics a priority.
    Building a compassionate work environment that will improve work performance requires ongoing education and trial and error. “Build in public” and let employees know you’re specifically working on better understanding how to compassionately meet their needs. 
  2. Don’t make assumptions about what matters to your team.
    As a part of that learning, make an effort to have individual conversations and collect assessable data about what actually matters to your team. Don’t just assume you know what compassion means to them, or you could end up making unilateral moves that are a sacrifice on your part and don’t even make your employees feel seen and heard in the right way. 
  3. Collaborate with individuals to create solutions that work for everyone.
    When you have an employee in a difficult situation, the best way to offer a compassionate response that drives their best work performance is to create a solution together. Rather than pushing a basic work performance plan, sit down and really talk to that person. Understand what their needs are, present the needs you have to ask of them, and figure out the way forward together. 
  4. Acknowledge your own humanity, and you will foster honesty and transparency in return.
    If you don’t know the answer, or aren’t sure of the best way to handle a situation, be open about  that rather than pretending or blustering. Revealing your humanity to your employees in appropriate ways builds an environment where they feel like they can be transparent in return. And if an employee tells you something difficult or lets you know about a personal hardship, ensure you offer a compassionate response that makes them feel rewarded for being open with you rather than keeping things secretive.

Becoming a more compassionate leader requires managers to strike a cautious balance between care for the employee as a person and commitment to institutional goals. While driving high work performance may be challenging, it is possible with the right training and approach, and worth it for the rippling benefits it brings to leaders, employees, and companies alike.

How team performance can supercharge your company’s growth.

Have you ever wondered what highly successful teams look like? How do they come together and work in ways that maximize companies’ growth?

Building high performing teams means bringing together individuals with complementary strengths and skills. Such teams are committed to a common purpose and share accountability for a set of objectives. This leads to better problem solving, innovative ideas and increased productivity.

How can you create teams that are greater than the sum of their parts? As a leader, you have to ensure that the right elements are in place to enable team members to reach their full potential.

How to build a high performing team

Align your teams around shared values and purpose
When building high performing teams, align your teams around shared values and purpose. Characteristics of high performing teams include being united by their company values and purpose. Shared values and purpose help teams adapt and thrive in uncertain situations. To create alignment, first identify, define and agree on the core set of values. Then consider how behaviours will follow the values you establish. Continuously recognise and celebrate behaviours and actions that demonstrate the values and bring you closer to fulfilling your purpose, both as a team and organisation.

Set SMART objectives
The most effective teams are able to translate their overall purpose into specific team performance goals. Setting SMART goals – Specific, Measurable, Achievable, Realistic and Time-bound – are a great way for teams to achieve both big and small wins that help them pursue their broader purpose. SMART goals help facilitate clear communication, keep track of progress and hold each team member accountable. You can also include some stretch goals that drive teams to accomplish more than they initially set out to achieve, which sets the stage for high performance.

Focus on continuous development
Gallup’s research shows that companies that invest in developing their teams report 11% greater profitability and are twice as likely to retain their employees. One-on-one coaching, which takes a hyper-tailored approach to development, is the most powerful resource that you can provide to your teams. Coaches engage with team members to help them map out their unique strengths and improve their self-awareness. This results in better team collaboration, communication, engagement and performance.

Set up shared leadership
Shared leadership is when every team member is empowered to make decisions and take actions that impact their own work as well as their team’s. Influence and power are distributed across the team. Research has shown that teams where leadership is shared, rather than vested in the hands of a few, have improved performance. There are a few ways you can lay the foundations for shared leadership. One way is to give your team members enough autonomy on how they plan and work on their tasks. Another way is to cultivate a climate where people feel free to take initiatives. Empowering people to take ownership of their work creates a greater sense of commitment and increases performance.

Make open dialogue the norm
In order to perform at the highest level, teams should feel safe to express their ideas and views candidly, and to constructively challenge one another. Cultivating psychological safety is key. Research shows that this promotes creativity and constructive conflict which leads to innovation and better performance. As a team manager, you are responsible for creating a safe space where your team feels comfortable with conflict and debate. You can create a climate that is safe and conducive to high performance by ensuring that every team member has value and a voice, and that differences of opinions are shared respectfully.

Foster personal connections
Fostering personal bonds at work helps team members establish deep connections that make your team more cohesive, engaged and collaborate better. Studies suggest that high performing team members spend time exchanging on personal interests and non-work related matters. There are a few ways to encourage your teams to build authentic connections. Schedule team-wide breaks or lunches during the week to come together. If your team is remote, schedule regular virtual bonding sessions.

Building high performing teams can provide a powerful competitive advantage. You can lay the foundations of building such teams by uniting members through a common purpose and goals, introducing and promoting a culture of healthy dialogue, fostering deep connections as well as committing to continuously developing teams. This inspires high team performance and motivates the team to continuously succeed.