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A Proven Need
For a business to succeed it must focus on people and relationships. Its financial success depends on its ability to relate to customers, employees, and people in general. Since communication is the foundation for successful relationships, businesses that focus on positive, strength-based relations are proven to be more productive and profitable.
“There is a proven need for effective communication and strength-based teams in the workplace.”
It All Adds Up
Not only does investing in and improving communication benefit businesses financially, its effectiveness makes for better employee morale and retention. In return, employee’s engagement and productivity increases, affecting the success of the business.
- Teams that focus on strengths every day have greater productivity by:13%
- Effective communication practices increase total returns to shareholders by:45%
- Companies with engaged employees outperform those without by more than:100%
Embedding Strengths in Your Company’s DNA by Gallup
How Better Internal Communications Can Triple Productivity by Quickbooks
6x more engaged
Employees who use their strengths every day are six times more likely to be engaged in their work and the business.
reported by Gallup
3.87 / 5 for employer commitment
On a 5-point scale, employees ranked their employer’s commitment to building their strengths.
reported by Gallup
According to the Havard Business School, entrepreneurs tend to focus on strategies and technology more than building relationships. They cite founders and investors as being known to leap into business ventures without understanding target markets and customers.
Gallup confirms that great managers are scarce. They found that the talent is rare. “When Gallup asked managers to choose the option that best represented their management approach, 61% of managers with high talent say they take a strengths-based approach. … Gallup also has found powerful links between top talent and crucial business outcomes, including higher productivity, sales, and profitability, lower turnover and fewer unscheduled absences.“
10% of managers have the skills needed
Gallup reports that only 1 in 10 people possess the talent to manage.
Did you know?
33% of all business that fail cite communication as the reason why, and
8 out of 10 businesses fail within the first 18 months
reported by TMS & Forbes
One Commands. The Other Inspires.
OWNERS and managers can beat the odds by investing in their employees and communication. They can make a lasting positive impact on their business, employees, customers, and working environment.
- Improve the bottom line and how business is done
- Cultivate a unique culture within the workplace
- Succeed overall where most businesses fail