The business ecosystem faced probably its biggest challenge in the aftermath of the Coronavirus pandemic. International economists termed its ill-effects as surpassing even those of the Great Depression of the 1930s.
Given that now economies are slowly opening up and demands are picking up once again, businesses are aggressively trying to make up for lost ground.
In this situation, the role played by the business leadership is critical. From adopting newer strategies of growth to motivating employees to work harder, leadership skills are necessary to turn around a business from a loss-making one to a profitable venture!
In this article, we speak to leading business leaders and experts and ask them about the best practices of leadership that can help in improving employees and the workforce.
The Importance of Leadership Skills in a Post-Pandemic World
There is no doubt that employees in business organizations have been suffering a lot. They have been dealing with reduced salaries, pay cuts, and delayed salaries. Millions of employees have been laid off in different parts of the world.
In this new world reality, it is important that a good and positive start needs to be made by business owners and professionals leading teams. Experts are of the opinion that good leadership can help turnaround employee morale and benefit the organization as a whole.
According to LHH Gulf leadership development, being empathetic to employees and encouraging them to work towards their betterment is of understated importance. A business that is looking to improve productivity and turnaround its fortunes need to be led in the right fashion.
List of 5 Leadership Best Practices to Improve Employee Performance
1. Emotional Intelligence
Emotional Intelligence as a leadership skill had been around in corporate discourse for a long time. However, it recently rose to prominence following the adverse economic effects of the pandemic. Displaying emotional intelligence from the top leadership is a necessary virtue that shows the workforce that the management cares. It has been proven effective for businesses.
2. Empathetic Communication
Business leaders and experts point out that in a majority of instances, employees just want someone to give them a patient hearing. Employees need to feel that their concerns are being taken care of. Sometimes all they need is for the management and business owners to show empathy with their difficulties and present situations.
3. Affinity to Tech and Digital Platforms
If you look at some good to decent business guides, all of them unanimously point to how businesses and employees need to start adopting tech and digital platforms. The future of business marketing, sales, and advertising is increasingly turning towards tech and digital platforms. Making employees aware of the same can go a long way in improving revenues.
4. Focus on Feedback and Idea Integrations
At a time when most businesses are grappling with ideas with regard to the best foot forward, opening feedback mechanisms and channels can prove to be a turning point. For example, regular sessions with employees to take feedback and asking for new ideas can make employees feel a much more entrenched part of an organization. It can also spur growth.
5. A balance between Personal and Professional Development
The pre-pandemic era was defined in business circles as one where personal considerations were not paid attention to. All that mattered was professional etiquette and relationships. However, the pandemic has changed the same. Now the focus is on balancing personal and professional development. WFH has become an integral part of business offices in this regard.
The Bottom Line
By paying attention to the above-mentioned five best practices, business owners and higher professionals can expect to create a much more motivated, dedicated, and committed workforce. If you wish to know more about leadership skills and how they should be implemented or learned, then mention your questions in the comments section below.