We’re here to talk about all things Recession.
It’s no secret that we could be facing some big problems next year. The past two years have been the perfect storm of events that historically usher in some hard times for everyone – and businesses are no exception.
How do you increase productivity in a recession? The secret lies in engagement:
Accurately measure your team’s vibe.
It’s normal to feel scared, lost, lonely and even sad when world events take a turn for the worse. One of the most important things you can do is gauge the emotional state of your team. Be honest about it – don’t try to put too much of a positive spin on things.
You can use your spidey sense to tune into your team, but if you want a more quantifiable method, here are 23 Questions to measure your employees engagement.
Determine the weakest link.
And get rid of it!
Just kidding.
The reason it’s important to find out where your weak spots are is so you can address issues and strengthen your team. Tough times make the weak areas seem even more challenging to your team. You can make all the difference by addressing concerns and soothing friction.
Re-assess the company culture.
We love data and quantitative assessments just as much as the next boss, but data can only get you so far.
Ask open ended questions about your organization’s culture, and get ahead of the problems that a recession can create.
In essence, talk to people. Have the deep conversations. Show your team you care about their individual viewpoints, and also get the valuable insight you need to stop problems before they happen.
Need more guidance to weather the impending recession?
Give us a call or shoot us an email today and let us help you navigate these rough waters!
Resources
https://www.predictiveindex.com/blog/how-to-measure-engagement-during-a-crisis/
https://www.predictiveindex.com/blog/is-your-employee-engagement-in-a-recession-too/