Leaders in nearly every industry can likely recall a time recently when their company experienced a change, due to our evolving economy and workforce. With advances in technology and shifts towards a more flexible work culture, many leaders have implemented changes to ensure that the company continues moving forward. This what why it is so important for a leader to understand how to evolve not only as a leader but as a team as well.
A phrase that most professionals have heard by now is team collaboration. With so much focus on innovation in today’s technology-driven world, companies are shifting towards a culture that encourages team collaboration. As a leader who promotes a collaborative work environment, it is crucial to lead by example.
According to an article from Forbes, only 34% of an organization’s employees are truly engaged with what they are doing. Leaders who do not practice team collaboration may find that it is difficult to enforce, which can negatively influence morale over time. Active collaboration can ensure that you hear new, fresh ideas from professionals with a wide skill set.
Like your evolution as a leader, your workforce is going to experience different changes as a result of our evolving society. As such, leaders will be forced to make difficult decisions as some points to ensure that the company can continue moving forward. By maintaining transparency throughout these times, you can help make difficult transitions a little smoother for your employees. Additionally, being transparent can help improve the overall feeling of trustworthiness from your employees.
With much more focus on flexible work in recent years, leaders may need to consider the benefits of offering a more flexible work schedule. While it may not be possible to offer positions that are fully remote, providing more flexibility on their general schedule can prove to be incredibly beneficial for employees. Flexible schedules allow more professionals with strong backgrounds to maintain a full-time job.
Yuri Vanetik is an Entrepreneur, Private Investor, Coalition Builder, and Philanthropist in Orange County, California. He is the Managing Partner of Vanetik International, LLC, a management consulting firm which offers advisory services and strategic planning to businesses and industries. He is also the Managing Partner of Dominion Asset Management, a technology-driven opportunity real estate fund that invests in undervalued real estate throughout the United States. Yuri Vanetik brings over 20 years of professional experience in a variety of roles, and has been featured in notable publications, including the Wall Street Journal, California Business Journal, Bloomberg Law, and Forbes.