Acknowledgmentin the workplace.Still think recognition isn’t a priority?What you don’t know will hurtyou and your bottom line.
In the investigation into the Shuttle Disaster in which seven people died it wasstated "the agencys willingness to continue ﬂying without ﬁxing these problems ispart of a failed organizational culture that must be ﬁxed if the shuttle is to return safelyto ﬂight. NASA engineers, they say, are too willing to assume the best, in order to keepthe shuttle ﬂying and control costs" (Reported in the Orlando Sentinel 27/8/3)
HELLO! We all craveacknowledgement, recognition, and respect.
We strive to have some kind of signiﬁcance in this world.
The ostrich has one of themost advanced immunesystems known to mankind.
Acknowledgment,deactivates andreduces the effectof jealousy andenvy....
Studies show, 82% ofemployees rate feelingvalued and appreciated bytheir employer as the singlemost important aspect oftheir working lives.
A leading UK companyfound that 47% ofemployees cited lackof recognition andpraise as a majorreason for leavingthe organization.
With workplace sofocused on productivity,the need of employees tobe recognized for theirefforts is now greaterthan ever.
The Gallup Organization surveyed more than 4 million people onthis subject, with shocking results..
An estimated 22 million workers are presently"actively disengaged," or extremely negative in their workplace.
This costs the U.S. economy up to $300billion dollars a year in productivity.
An underestimate because it doesnot take into account absence,illness, and other problems thatresult when workers are disengagedfrom their work and their companies.
In a study of professional service ﬁrms, the HayGroup found that ofﬁces with engaged employeeswere up to 43% more productive, based on acomparison of revenue generation.
A 2005 Watson Wyatt study found thatcompanies with an effective recognition programrealized a median return to shareholders that isnearly double those of companies without suchprograms.
Avoid using the word “BUT” That was great, but.
Make it about them, not about you, and bespeciﬁc.I really liked the report you did, good job. -Too much opinion, not enough speciﬁcs.The report you completed was well thoughtout, concise and easy to understand.It really helped us speed things up this monthand made things more efﬁcient.
Acknowledgement must be sincere andtruthful. It must be more than what Keganand Lacey refer to as the “customary praising,stroking and handing out warm fuzzies andattaboys” (Kegan and Lacy, 2001).
When leaders giveAcknowledgement,Everyone Wins.
"A bit of perfume always clings tothe hand that gives roses." - Chinese quote
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Credits http://mcfinaworldwide.com/recognition.aspReturn on Investment in Engaging Employees; Gallup Management Journalhttp://gmj.gallup.com/content/102523/Return-Investment-Engaging-Employees.aspxNew Book Shows How Positivity Increases Productivity; Gallup Management Journal, 2004http://gmj.gallup.com/content/12289/New-Book-Shows-How-Positivity-Increases-Productivity.aspxNew Book Shows How Positivity Increases Productivity; Gallup Management Journal, 2004http://gmj.gallup.com/content/12289/New-Book-Shows-How-Positivity-Increases-Productivity.aspxInternational Coach Acadamy