Thursday Thoughts :Innovation Happens When Employees Are HAPPY.

Happy Employees….Innovative Workplace! Its True!

We have heard numerous times that innovation and creativity lead to increased productivity. But did you know that Happy workers can be more than 13% more productive than unhappy ones?

In collaborative research done by Saïd Business School of Oxford University and British multinational telecoms firm BT, it was found that there is a significant correlation between happiness and productivity.

‘We found that when workers are happier, they work faster by making more calls per hour worked and, importantly, convert more calls to sales,’ said Professor De Neve. The study also concluded the fact that productive employees were not working extra hours but simply happy within their work time and, hence, being productive. Happy employees are more likely to miss less work, give a quality performance, and support company innovation.

So how can you make employees happy?

Though it is extremely difficult to find out what exactly an employee wants as people can have a vast variety of needs. Here are a few good practices an organization can adopt to ensure the happiness of their employees

  • Emphasize work-life balance- It was found that indifference in their working and personal hours created stress and dissatisfaction among employees. Even the happiest countries in the world are the Nordic countries where work-life balance is prioritized.
  • Flexible work schedules- The rapid increase in freelancers after COVID has proved that people are now more flexible towards their work and want more agility in scheduling their pace.
  • Create transparent culture- An organization with corruption and duel gameplay can make employees question their self-worth. This can even create doubts among employees about the goals and timeline of the company.
  • Have open ears- Always listen to what your employees have to say. Sometimes employees can give insights on the outdated management and techniques which the senior team might have never come across.
  • Don’t get stuck with scores- A team’s higher official can win or bust a project. Employees start to resent the head and eventually the work if they’re always nagged upon and shown on their achievements and mishaps.

Why is employee engagement necessary?

According to Gallup, only 29% of workers strongly agree that they’re expected to think out of the box to do things at work. But they’ve also found that “by promoting creativity, they engage workers, and engaged workers are more creative.”

The impact of idea generation due to creativity and innovation can lead to not only productive outcomes but increased we-being also. Here are some key benefits recorded in various research done on a similar field.

  • Increased job satisfaction
  • Higher performance levels
  • Enhanced interpersonal relationships among employees
  • Reduced level of stress
  • Personal development
  • Increased immersive work 
  • increased innovative approach

Take the steps

Business is fast pacing and abruptly changing with new leads. Being a business leader, one must value all the attributes to channel its growth and empower it with the right pace. 

Innovation is something we can not wait…we can not postpone!

Thursday Thoughts :Coaching Culture is Needed for Growth

Coaching Culture and Role of Coaching Leaders

After The Great Resignation trend became popular since the arrival of COVID, traditional workplace culture is being challenged. The organizations that still practice the un-updated culture risk their employees as to those which adapt to the future. According to Korn Ferry’s 2017 Talent Forecast survey, one major reason why great candidates chose a company was because of the culture.

Have you ever believed that you have more potential than your present level? If yes, why are you not able to harness it more often?

A great majority of senior executives think yes because of the scarcity of time and money. Coaching has proved to be one of the best solutions for all the foregoing problems. Practicing and supporting coaching culture has become the future and continues to bring laurels to organizations.

In the HCI – ICF 2014 Study, 60% of respondents from organizations with strong coaching cultures report their 2013 revenue to be above their peer group.

So What describes Coaching Culture actually…? Culture helps in cultivating positive attitude and growth mindset inside the organization. Coaching culture is firmly focused on building and empowering talent to deliver exact outcomes, strengthen leadership capacities, increase preservation and expand engagement. By adopting a coaching culture arena, we can create an environment of mental trust and balance that fosters transformation and growth.

How to infuse coaching culture is next question…There are various ways that an organization can use to adapt to a coaching environment like reaching out to external executives or level oriented approach. Though the detailed reach is unique to each team, some broad ways are:

  • Demonstrate, not insert – You can give various real-life examples of executives who significantly benefitted.
  • Coordinate it with development strategy and talent- you can start deploying coaching practices with seniors first, then reach the whole firm.
  • Engaging HR teams in coaching conversation skills- Opposing to popular belief, coaching is no just solely for development purposes it is also for everyday challenges. Make sure individuals know how to coach their people.

The stronger the coaching skills of your HR department, the more they can experience and exemplify the benefits. It’s time to take action.

Deloitte’s 5th 2017 Global Human Capital Trends Report highlighted 10 Human Capital Trends top of the list is Careers and Learning. The coaching culture is now being adopted by an increasing number of firms and the benefits are great.

  • Goal setting with a growth mindset – employees get the accountability and autonomy to set their own short goals that align with the motto. 
  • Promotes creativity and innovation – reaching out with an open mindset increases ideas.
  • analysis and solution at an individual level

Cited by Deloitte’s report, 83% of executives say it critical to “provide learning experiences that allow employees to build skills quickly and easily.”

As the problem has increased even more due to COVID new patterns for success have appeared. A coaching culture will improve not only the way employees interact but also the interactions with customers and potential clients.

EEW Coaching led by Coach Kishore Kapoor is providing right approach and outstanding solutions to the business owners and executives to learn the new culture. Lets create together a beautiful passionate innovative culture…together.