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Jan14
Managing Employees When you've Bought a Business

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Hal Halliday wrote about a colleague recently that had bought a business and was disappointed in the response of his employees to leadership. Here is what his colleague said: “I end up being disappointed with people’s decisions rather than being surprised by what they can do…”

Mr. Halliday added,That is a disappointment to any leader that seeks to empower and suggests a challenging and complex problem. What advice would you give? Is there a leadership style that he can effectively employ?”  

In continuing on with this same situation in another post he adds, “You can do this by trying to understand what motivates your employees. This can be done in a group and/or individually. Pay attention to what seems to effect each employee’s performance. Is it praise from you? Recognition from peers? Financial incentives? Once you understand their needs, apply the leadership style that matches. Simple? Not really.”

”Leadership is a process. It takes time to listen, to show appreciation and to win trust. But the effort is worth it as employees become motivated to be more loyal, more skilled and more committed to their job. By listening and responding you will find what will motivate and inspire your employees.”

 

I found an article from Rod Walsh & Dan Carrison about a situation very similar to this. Here are 5 things that the new owner did that helped to bring about success with his new employees.

 

  • He evaluated the problem and sorted through possible solutions.

     

  • He made his decisions about work rules, discussed them with employees and contractors, and then implemented them. And he did it very early--everyone knows there's a new sheriff in town.

     

  • He stopped the berating of employees practiced by the former owner.

     

  • He invites regular feedback from his route "employees."

     

  • By introducing new, high-margin products, he demonstrated his commitment to their success.

     

I believe that practicing these and other things like these will bring about relief and success both for a new owner of a business and his employees.

 

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2 Comments/Trackbacks




Great post. I was going to see if you had some feedback for me. This is a wonderful example of the power of the network and community.

» Keep it Coming from LeaderNotes
A great example of the value of blogging and using the collective experience of a community is a post by ManagersRealm author Gary Bourgeault. Gary responded to my post about adapting leadership style and how you empower and lead employees.... [Read More]

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