The data don’t lie. Too many of us are bad managers. And yet a single positive interaction with an employee can permanently boost engagement, combat “quiet quitting”, and forge genuine long-term trust, all of which make for better performance. None of this is rocket science. So why are employee engagement scores in the dumps? More importantly, what should we do about it?
We all seem to understand that bad execution taxes the business, literally and figuratively. But do you know by how much? A twenty-year-old article in the Harvard Business Review estimates that poor execution leads to underperformance of between 60-100%, and this is just the direct impact! In the long term, it creates a permanent and devastating culture of poor performance. Though this article focuses on large companies, growth-stage founders can learn from these findings to improve their own company’s performance.