I like joking around with my coworkers as much as the next person. The chance to make a joke with a groaner punchline or cleverly reference an old SNL episode adds some variety and levity to my day. But the impact of a strong relationship between a leader and their staff extends far beyond casual conversations and water cooler chats.
In today's competitive landscape, fostering positive connections with your team can significantly influence your company's success. There are several key ways your relationship with your team is a powerful influence.
Building trust and fostering open communication empowers your staff to feel comfortable sharing ideas, raising concerns, and collaborating effectively. Studies by Gallup show that employees who feel connected to their colleagues are 7 times more likely to be engaged in their work, leading to 21% higher profitability for the organization.
Strong relationships also boost employee morale. Harvard Business Review highlights research demonstrating that leaders who prioritize relationships with their employees cultivate a positive and supportive work environment which, in turn, reduces stress and burnout. This translates to a lower turnover rate, saving companies significant costs associated with recruitment and training.
Investing in building strong staff relationships isn't just the "right thing to do," it's a strategic advantage. By fostering a sense of connection, trust, and open communication, you create a motivated, productive, and loyal team, propelling your company towards greater success.
Photo by Brooke Cagle on Unsplash
Scott Burgmeyer
