Your company is only as strong as your employees, and one of your biggest priorities as a business owner should be to develop, build and empower your staff. Investing in the creation of a high-performance culture will maximize your human capital and help you reach key objectives. This insight will help you create a competitive advantage over your talent, the most valuable resource you have.
Work environments that operate in isolation are counter-productive, creating a gap with knowledge-sharing across the organization. If your business's departments function as essentially smaller companies with their own decentralized HR, communication and marketing efforts, take steps to build a shared service or to consolidate those efforts to encourage collaboration.
You can also foster collaboration by assigning projects that require multiple skill sets or resources. This helps bridge gaps in knowledge, and the result is a more collaborative, impactful solution.
Set Communication Standards
Keep your entire team informed by scheduling weekly or monthly meetings. Be intentional with your time, and focus on creating a valuable discourse. Share insights, have meaningful debates, plan a team-building exercise, highlight accomplishments and talk about your vision for the future. Finish off the meeting with an open forum so all staff members can engage with your company's leadership team.
Give Responsibility and Authority
To create a high-performance work culture, you need to empower employees to demonstrate their capabilities. This means giving them the authority to make decisions and take progressive responsibility for projects. Giving more responsibility breeds trust and develops confidence in your team members, and as a consequence, they will work together more productively and hold themselves more accountable to create results.
Seek Out Talent
A high-performance work environment is self-sufficient. Your employees assume many responsibilities, people play to their strengths and you cut out redundant effort and time. When it is time for your team to grow, seek out those that have characteristics that vibe with this environment. Candidates should of course have the working knowledge it takes to perform the job, but they should also have patterns of problem solving, good communication skills, ambition and curiosity. Unlike skills, these characteristics cannot easily be taught.
Cultivating a high-performance culture for your business will help your company weather any storm. When employees work in a culture of initiative, collaboration, communication and accountability, they have a renewed confidence in their own abilities and the future of the company. This will motivate your team to take the extra steps needed to help your business reach new heights.