The decision to invest in your employees can be one of the smartest decisions you make as a manager. When you allocate money, time, or energy to an employee’s growth, the benefits for them, for you, and for your business can be profound. Learn ways to invest in people individually and as a team.
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Read the article based on this episode: Invest in Employees for Growth and Success
Key Takeaways:
- Investment means you deal with the cost now in order to reap the benefit later.
- Everyone benefits when you invest in your team members. Employees feel more engaged and grow their capabilities. This, in turn, makes your job easier as a manager, freeing you to do other work.
- There are multiple ways to invest in people. Leadership consultants Mike Figliuolo and Victor Prince created a great framework.
- Talk with your employees about growth. There is greater buy-in when you decide together what to focus on and how.
- Consider the employee's learning preferences when deciding on investment approaches.
- Be sure to invest in your team as a whole and in yourself too!
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