With the improving economy comes a more competitive market for your top talent. Retaining your talent and ensuring these employees stay engaged and focused on your goals should be top priorities for all credit unions.
But employee engagement is alarmingly low. Less than 10% of employees feel a high level of commitment to organizational goals. Even worse, one-third of employees are either “somewhat,” “barely,” or “not at all” engaged, according to a FranklinCovey/Harris Research study.
This research suggests that the time, talent, and resources of most organizational teams are ineffective at tackling what’s most important to the company.
And that’s a failure of leadership. Beating the odds to execute your strategies, according to FranklinCovey’s research, requires these five success factors:
Discipline is a key element to an organization’s success, according to many leadership experts, including Jim Collins, author of “Good to Great,” and Larry Bossidy, author of “Execution.”
But how do yobuild organizational discipline? It starts at the top. The CEO and executive team must exemplify the credit union’s principles of discipline. You must stay true to strategic goals and direction. Resist the urge to do all the “cool” ideas yohear about at conferences at once. Think outside of the box from inside the box. Avoid common mistakes such as trying to find discipline through:
Once you align leadership, you need to hire and develop the right people. If yofill your culture with self-disciplined employees, you’ll be managing processes, not people. That is a profound concept when thinking about your own leadership style. Which would yorather do?
Self-discipline is the ability to reject instant gratification in favor of a higher goal. It’s an individual’s ability to stick to actions, thoughts, and behavior—leading to improvement and success.
Self-disciplined employees have common traits: They finish what they start, accept “brutal” facts about themselves, adhere to organizational systems, advance certain types of work passionately, and possess unique skill sets. Find the people who are fanatical in the pursuit of greatness and possess the wherewithal to do “whatever it takes.” Self-disciplined employees will go to extreme lengths to fulfill their responsibilities.
NEXT Star Employees