As leaders, our job is to motivate our team, not to hinder their performance.
So what’s the best way to make your team happy and increase your team’s productivity? By taking a look at your management style.
After spending a decade on Wall Street, I learned a thing or two about management styles I liked and found productive, and those that only brought my team down. Here are two management mistakes that are bad for your team – and that you need to stop right now.
Failure to promote personal development
At the end of the day your team works for you – but if you want to keep your star recruits you need to provide them with some incentive to stay and work hard.
When you don’t focus on the development of your employees, you’re not doing them (or your company), any favors. People are motivated by their passions, so ensuring that they get the chance to flex their creative muscles rather than simply entering data into excel all day is a sure-fire way to help your team reach new heights.
So don’t be afraid to give them a challenge or two that will help them improve – it may be just what they need to bring a bit of innovation to your company.
Not all mistakes are bad
When it comes to serving our clients, we’ve put systems in place to ensure that things run effortlessly – so any mistakes on this front are unacceptable.
That being said, I know I am constantly pushing my team to take on new challenges. So when they take on something new, I expect a little bit of a struggle. I know that the road to success may have some bumps along the way, and some slip-ups are just par for the course. If they learn from the mistakes they make, their work will inevitably improve.
What are some management mistakes that are bad for your team? Share them with me and let’s start a conversation!
You can read more on this in my articles for Inc.