For CEOs & Senior leaders - 2023: Wakeup call or a New year Resolution
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For CEO’s and Senior Leaders -A Wakeup Call or A New Year Resolution!
Corporations invest a significant share of time into corporate strategy, risk assessment, research, governance and investments on finding the perfect key for ‘delighted customers’
How much does a corporation invests in researching, creating a clear vision and implementing accelerated employee focused programs? (Employee healthcare, motivation, economic improvements, knowledge building and the most important - correcting outdated performance review process etc.)
Ans: not a lot or not sufficient.
You have promised your spouse (long term partner-customer) you would run a full marathon in the coming spring. You are sure this will contribute to a happy marriage (delighted customer). Will you be able to run a full marathon without making sure you are truly fit. your physical and mental (internal) faculties are working in harmony, and they are buzzing with health and happiness?
There will be two outcomes, if you happen to run without fixing you first and base everything on your general senses of good health and your past performances.
- You might actually complete it but accidentally. but it's like taking chances!
- Or you would end up in a hospital, if you are lucky, you will be recovered. Or you will be dead
This is the story of many corporations today, at the surface things look normal, company health looks great but like an old car, one would only know when the hood is lifted how many screws are loose, which components are on life support and leaky.
The employee training, retention, and performance practices etc., are like various components of your car, you never know which part is going to breakdown unless you take charge and put an immediate strategy to fix the components and have a holistic actionable approach.
Employee focused organizations always wins in a long run, they always come on top!
Can you list 3 meaningful actions that you took in the last quarter that tangibly uplifted the employees spirit?
Salary, Insurance etc., are just parts not the whole if this was true highest paid employers should never have resignations. If you are thinking you have no time for all of this, quarters are rolling fast, market demands performance then you are unfit to be in the leadership position.
You should know how to perform open heart surgery (while heart is running), that's why you are hired to be the CEO or a senior leader. The truth is this is all about prioritization.
- 2 Actions that will have positive impact on the employee's economic condition
- 2 compulsory educational (learning) opportunities that add direct value to the employees on their resume. Rember, this will have a direct impact on the Organization growth as a byproduct
If you are not able to answer these questions with a tangible clarity, then it is high time to find answers and implement them otherwise your car can breakdown anytime.
Article might sound unpolished, but I believe the message is spot on
Wish you a very happy and prosperous 2023
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