Every business owner wants to see his company grow. Growth means a desired boost in revenue, but it also means the need for a larger staff. Overseeing and guiding more employees can be a daunting task.
Depending on the growth of the company, it may get to the point where the employer can’t possible keep up with: knowing all employees’ names, knowing how employee morale is holding up, and knowing if all employees are getting the tools and training required for peak performance.
While in the process of growth, employees may become overburdened with increased workload and overtime. Until new employee can be hired to help shoulder the growth, employee motivation may decrease. This will lead to a decrease in productivity – not something a growing business can afford.
This scenario needs to be watched. Employers must design incentives and strategies to keep employee morale and motivation at high levels.
AllBusiness.com offers “surefire” tips for managing a large staff, the first of which should be for business owners to assess whether their company’s is capability and has the resources to withstand the “pangs of growth.”
Along with this, the employer needs to keep tabs on the staff to be sure each is content and motivated, and working productively. An effective tool for this purpose is performance appraisals. They allow you to keep your finger on the staff’s pulse and the work environment.
It’s important though to design a system that is right for your company, “one that truly facilitates understanding between you and your employees.” Peer reviews and self-reviews might also be added to the incentive strategies
To further engage and motivate employees, have projects “matched” to the person, and provide needed work related training and tools to ensure their success.
Finally, establish a workplace environment that is friendly, yet structured and respectful. Create an environment that fosters team spirit and camaraderie, especially as new employees come on board.
Taking advantage of these steps will help you and your employees over the growing-pains hurdles.
