In our current article Stage Aktuell 02/2023 we present you current trends and challenges from our daily work. You will get an insight into the ever-changing business world and learn about the latest developments. Here are the topics we report on in our current issue:
Visibility in the company is a decisive factor for the success of managers and employees. A common phenomenon that influences visibility is proximity bias. Here, managers tend to perceive and promote people closer to them than those who work further away. This can lead to talented employees in remote locations being less visible and thus having fewer career opportunities.
To counteract proximity bias, managers should be conscious of diversity and inclusion. All employees should be promoted equally. By actively seeking out individuals who are not affected by this bias, leaders can ensure this.
It is important that companies create opportunities to overcome distances and offer equal opportunities to all employees. One way is to organize regular relocation or exchange programs to enable better networking between locations. In addition, tools such as digital collaboration platforms or video conferencing can be used to encourage regular exchanges and facilitate collaboration.
In addition, it is important that employees increase their own visibility by communicating their results. Regular updates on progress and goals achieved can help ensure that their own work is noticed by superiors and colleagues. In addition, networking is critical to increasing visibility. Participating in projects or working groups that go beyond your own department, sharing ideas with colleagues from other teams or departments. All of this can help build a broader network and thus gain higher visibility in companies.
Overall, it is important that companies and employees work together to promote visibility. Through regular networking and collaboration, proximity bias can be overcome and all employees have the opportunity to reach their full potential. Stage Academy Executive Coaching
In the business world, an employee's personality plays a crucial role in his or her success. There are two basic personalities: introverted and extroverted employees. Managers need to learn how best to deal with these two different personalities in order to realize the potential of their employees.
With introverted employees, it is important that they have space to reflect and formulate their own thoughts. They need more time to complete their tasks and often prefer to make decisions alone rather than in a group. Introverts usually prefer a quiet work environment and are not always enthusiastic about team meetings or presentations. Managers should give them enough time to express themselves and encourage them to share their thoughts and ideas. Another important factor is that introverted employees need constructive feedback to grow.
In contrast, extroverted employees prefer a fast-paced and dynamic work environment. They need human contact and enjoy being involved in groups and sharing their ideas. These employees are often natural leaders and good team players. Managers should provide them with an open and interactive work environment where they can discuss ideas and receive feedback.
Ultimately, it is important that companies have a balance of both personalities. Introverts are generally better suited for positions that require contemplation and deeper thinking. Extroverted employees, on the other hand, are more suited to sales, marketing and management positions.
Overall, managers should understand that each personality is unique in its strengths and weaknesses. In order to tap the potential of their team, they should approach each employee individually.
In today's work environment, it is critical that companies keep their employees productive, motivated and effective. However, the traditional method of micromanagement, where managers control every aspect of their employees' work, has proven to be ineffective. It can even have a negative impact on employees' moral and creative development.
An alternative concept that has become increasingly popular in recent years is management by objectives (MBO). This method relies on clear objectives that are defined together with the employee and regularly reviewed. In return, the employee is also given more freedom to achieve the defined goals in his or her own way. This leads to greater motivation and commitment on the part of the employee.
One of the biggest challenges for the MBO is to ensure that the common goals are clearly defined. To ensure that employees can actually achieve the defined goals, they should have the necessary resources and training. It is also important that management implements an appropriate feedback system to monitor and, if necessary, adjust employee performance.
Even though MBO is a promising alternative to micromanagement, it is still important to use this method with caution. Too strong a focus on target achievement can lead to other aspects of the work being neglected. It is equally important that MBO is not applied as a rigid concept, but rather as a supportive structure to fully exploit the potential of employees and improve the competitiveness of the company.
Ultimately, management by objectives is a promising method to better motivate employees and achieve better results. However, we should always remain aware that every company and every employee is different and that, accordingly, the implementation of MBO must also be individually adapted. Stage Academy Organizational Development
Openness and transparency through all levels are essential factors for the success of a company. Open communication between managers and employees promotes the exchange of ideas, information and feedback. Openness creates trust and promotes employee motivation, as it makes them feel taken seriously. Transparency ensures that all employees work on a common basis, which promotes cooperation and productivity and ensures that managers can react quickly to changes in the company.
Managers must be aware that openness and transparency are important not only for their employees, but also for the company as a whole. An open and transparent corporate culture promotes a positive reputation, which in turn can help attract talent and retain customers. Transparency also ensures higher compliance and avoidance of legal risks.
There are various ways in which managers can promote openness and transparency. One way is to hold regular employee meetings to have an open conversation. Setting up feedback opportunities, such as regular employee surveys, can also help promote the sharing of ideas and information. Transparency is also created through clear and understandable communication of goals, strategies and decisions.
An open and transparent corporate culture is not only a moral choice, but also an important factor for the success of a company. Managers should therefore create a culture in which openness and transparency are exemplified and promoted by all levels.
In times of technological progress and digitalization, it almost seems as if emotions and human interactions no longer play a role in the business world. But the reality is different: New research shows that humanity and empathy will be among the most important skills required in the business world in the future.
Employees who are able to be empathetic, empathize with others and nurture relationships can make the work environment more positive and increase the well-being of colleagues. Such employees can also better handle stressful situations and ensure that work processes run more effectively and efficiently. Developing empathy does not come naturally to everyone, yet it is an achievable goal! Everyone has the ability to reach their potential, with the right guidance and training, anyone can develop empathy.
For companies, employees with these skills are of great importance. They can help the company to be perceived as a socially responsible employer, which increases the reputation and loyalty of customers. These employees are also better able to adapt to the needs of customers and achieve competitive advantages derived from this.
However, humanity and empathy are not only crucial for the company, but also for one's own career. A study by the Harvard Business School shows that managers who act empathically achieve higher employee loyalty and better performance. Empathy is also an important factor in everyday professional life for resolving conflicts, negotiating successfully and achieving a high level of cooperation.
Overall, there are numerous benefits to fostering humanity and empathy in the business world. Employee attitudes and behaviors play a central role in shaping the work environment and achieving business goals. Employees who possess empathy and humanity can succeed in their careers over the long term by being respectful and considerate of others and building trust. Stage Academy Business Coaching