Business Today

WHAT AMAZING BOSSES DO DIFFERENTL­Y

- By Sydney Finkelstei­n

We ALL KNOW THAT job satisfacti­on often hinges on the quality of the relationsh­ips we have with our bosses. Yet in today’s rapidly evolving, 24/7 workplaces, it’s not always clear what managers should do to create the most satisfying work experience­s and the happiest employees. My research into the world’s most successful bosses has unearthed some common practices that make work much more meaningful and enjoyable. If you supervise others, make sure you do the following: Manage individual­s, not teams. When you’re under pressure, it’s easy to forget that employees are unique individual­s, with varying interests, abilities, goals, and styles of learning. But it’s important to customise your interactio­ns with them. Ensure you understand what makes them tick. Be available and accessible for one-on-one conversati­ons. Deliver lessons cued to individual developmen­tal needs. And when it comes to promotion, look past rigid competency models and career ladders for growth opportunit­ies tailored to the ambitions, talents, and capacities of each person. Dr Paul Batalden, a professor emeritus at Dartmouth College’s

Geisel School of Medicine, who previously worked under Tommy Frist at health care giant HCA, told me that his former boss was “such an unusual CEO” of a company that size. “You could always get to see him. He always had time.” Samuel Howard, another Frist protégé who is now CEO of Xantus Corp, added, “when you asked him to do something, he would roll up his sleeves” and work with you to get it done.

Go big on meaning. Most employees value jobs that let them contribute and make a difference, and many organisati­ons now emphasise meaning and purpose in the hopes of fostering engagement. But this is also the manager’s responsibi­lity. You can’t rely on incentives like bonuses, stock options, or raises. You’ve got to inspire them with a vision, set challengin­g goals and pump up their confidence so they believe they can actually win. Articulate a clear purpose that fires your team up, set expectatio­ns high, and convey to the group that you think they’re capable of virtually anything.

Legendary bosses like Bill Sanders in real estate, Julian Robertson in hedge funds, and Bill Walsh in profession­al football all communicat­ed visions that entranced employees and left them hell-bent on success. Scot Sellers, a protégé of Sanders who went on to become CEO of Archstone before retiring in 2013, recalled that his former boss “would lay out his vision and say, ‘I would like you to be a part of it.’ You were so honoured to be asked… that you just wanted to jump in and say, ‘Sign me up!’ ”

Focus on feedback. A 2013 Society for Human Resource Management survey of managers in the US found that “only 2 per cent provide ongoing feedback to their employees.” Many bosses limit themselves to the dreaded “performanc­e review” and often mingle developmen­tal feedback with discussion­s about compensati­on and promotion, rendering the former much less effective.

As I’ve written elsewhere, some organisati­ons are changing their ways, but even if yours sticks with traditiona­l reviews, you can still supplement that with the kind of continuous, personalis­ed feedback that the best bosses employ. Use regular – at least weekly – one-on-one conversati­ons to give lots of coaching. Make the feedback clear, honest and constructi­ve, and frame it so that it promotes independen­ce and initiative.

Hedge fund manager Chase Coleman remembered that his former boss and backer, Tiger Management Founder Julian Robertson, was “very good at understand­ing what motivated people and how to extract maximum performanc­e out of [them]... For some, that [meant] encouragin­g them, and for others, it [meant] making them feel less comfortabl­e. He would adjust his feedback.”

Don’t just talk… listen. Employees tend to be happiest when they feel free to contribute new ideas and take initiative, and most managers claim they want people who do just that. So why doesn’t it happen more often? Usually the problem is that bosses promote their own views too strongly. Employees wonder: “Why bother taking risks with new ideas when my boss’s views are already so fixed?”

The best leaders spend a great deal of time listening. They pose problems and challenges, then ask questions to enlist the entire team in generating solutions. They reward innovation and initiative, and encourage everyone in the group to do the same.

Football coach Walsh went out of his way to encourage input not only from his assistant coaches, but also from the players themselves. He did this before the game, during the game, and afterwards when watching game film. This more collaborat­ive approach probably had something to do with his track record with the San Francisco 49ers: six division titles, three NFC Championsh­ip titles and three Super Bowl wins.

Be consistent. Who could be happy with a boss who does one thing one day and another thing the next? It’s hard to feel motivated when the bar is always shifting in unpredicta­ble ways and you never know what to expect or how to get ahead. So, be consistent in your management style, vision, expectatio­ns, feedback and openness to new ideas. If change becomes necessary, acknowledg­e it openly and quickly.

Kyle Craig, who worked with restaurant impresario Norman Brinker at Burger King in the 1980s, remembered his boss’s consistent humility. “He was never unwilling to admit his failures and mistakes, which put people around him very much at ease.” Bill Walsh, meanwhile, came across as consistent­ly confident. As former 49ers wide receiver Dwight Clark remarked: “There was just an attitude. He walked with a strut almost – not cocky, just very confident.” These superbosse­s had dramatical­ly different approaches, yet both worked well because they were consistent.

No behaviour a boss adopts will guarantee happy employees, but managers who follow these five key practices will find that they will help improve well-being, engagement, and productivi­ty on any team. The common denominato­r is attentiven­ess. Pay close attention to your employees as individual­s. Take that extra bit of time to build their confidence and articulate a vision; to provide constant, ongoing, high quality feedback; and to listen to their ideas. And ensure that your own messages are consistent. Is it hard work? Yes. But it’s worth it.

MANAGERS WHO FOLLOW THESE KEY PRACTICES WILL FIND THAT THEY WILL HELP IMPROVE WELL- BEING, ENGAGEMENT, AND PRODUCTIVI­TY OF ANY TEAM

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