Your employees want (and need) to understand the rules of the game they’re playing.
While it may seem like a daunting task to set up automated dashboards that deliver performance data to your company, studies and experts alike cannot overstate the importance of providing every member of your team with access to your game time progress toward your highest priority goals.
Continue reading to learn how increased access to data and feedback can tap into the hidden potential of every member of your team.
How to Motivate Employees and Increase Productivity
1- Provide Empirical Feedback
You may be familiar with Peter Drucker’s famous quote, “What gets measured gets managed.”
Let’s take this concept one step further and introduce Charles Coonradt, author of The Game of Work and an expert in employee performance studies.
Coonradt states, “If you want to improve the quality of performance in any area, improve or increase the frequency of the feedback.”
Proper management of your employees requires clear, measurable data and goals so each employee understands their role in achieving company goals. To unbury the lead, if you’re ready to scale your business and transition from a pattern of reactionary management to true organizational change, you need to ensure every employee has ready access to the performance data for their company and their role.
2- Play by the Rules (of Human Nature)
Humankind is driven by an innate desire to win. Your employees are no different.
Just as a football player refers to the scoreboard between plays or a swimmer’s eyes dart to the clock after finishing a race, your employees need a reference point to measure their progress and performance against key metrics.
Their desire to grow and improve is part of our natural wiring. Provide your team with a scoreboard to equip each employee with the desire to improve and adapt for the benefit of your business.
3- Embrace Transparency
Studies show that employees now crave a deeper sense of ownership and engagement in their careers. While once commonplace for executives and managers to hold their cards close to the vest, companies like Spiceworks and Zappos have fully embraced a culture of transparency with their employees, generating unprecedented growth, profitability, and employee satisfaction.
How can you adopt a culture of transparency and engagement in your company? An article by the Harvard Business Review argues that the solution is simple.
“If you want to motivate employees, stop following your instincts and adopt a data-driven approach.”
By openly sharing the metrics on which your company’s success depends, you acknowledge the full potential of your employees in terms of leadership, strategic thinking, and work ethic.
Experience the Dashboard Effect Today
Are you ready to adopt a data-driven strategy to improve motivation and productivity for your team? Share your thoughts in the comment section below for a free copy of The Dashboard Effect, available in digital or audio format. Or, download a sample of the first two chapters below.
To learn more about dashboards and our proven method to increase growth and profitability in your business, schedule a consultation to see how Blue Margin Inc. can partner with your efforts today.
