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The Great Awakening: Part Two

November 28, 2022/0 Comments/in Blog /by Mark O'Brien

In our previous post, we wrote this:

The new normals are change and uncertainty. That means The Great Awakening isn’t a one-time event. It’s necessarily ongoing, evolving, and unpredictable. We can evolve with it — embrace it, roll with it, and learn to make the most of it — or not.

Since publishing that post, we read this article — “Inside Twitter as ‘mass exodus’ of staffers throws platform’s future into uncertainty” — which was intended to present a number of ostensibly unintended consequences in the wake of Elon Musk’s acquisition of Twitter. The article, intended to be a how-not-to condemnation of Musk, said this, in part:

Scores of remaining employees at the social media company on Thursday appeared to reject owner Elon Musk’s ultimatum to work “extremely hardcore,” throwing the communications platform into utter disarray and raising serious questions about how much longer it will survive … a mass resignation effectively occurred … Hundreds of staffers appear to have called it quits … A similar series of events unfolded in the Slack channel earlier this month as Musk eliminated roughly 50% of the company’s then 7,500-person workforce … “Elon is finding out that he can’t bully top senior talent. They have lots of options and won’t put up with his antics.”

Taken at face value, it appears Musk attempted a power play and it backfired. That may not, in fact, be the case since Musk had this to say, “How do you make a small fortune in social media? “Start out with a large one.”

What If …?

Maybe what Musk did was a deliberate paring tactic. Given what he said, maybe he wanted to reduce bureaucratic overhead and create a smaller, more nimble organization. We don’t know. But we do know this:

If you want to grow an organization, keep it nimble, keep its morale high, keep its people motivated to contribute, and manage its growth strategically, you have to do five simple things:

  1. Have a leader with a purpose and a vision, who’s able to articulate the purpose and the vision clearly, and who’s capable of finding capable managers who’ll subscribe to the purpose and share the vision.
  2. Turn those managers loose to cascade the vision throughout the organization and inspire people to support it every day.
  3. Let people in the organization act like owners, giving them the responsibility and the authority to make decisions, allowing small failures on occasion if the failure constitutes a valuable lesson.
  4. Let people connect with the others in the organization with whom they interact constructively, and with whom they achieve efficient productivity.
  5. Recognize and reward people for their contributions to the success of the organization.

Before we rush to judge Elon Musk, let’s manage the change and uncertainty in our own businesses. The best ways to do that are to communicate openly with people, to listen to them, to trust them, and to enable them to do their jobs and contribute, in the appropriate roles, to the best of their ability.

Let’s get to work.

https://finys.com/wp-content/uploads/social-media-3846597_640-1.png 403 640 Mark O'Brien https://finys.com/wp-content/uploads/finys-logo-color.png Mark O'Brien2022-11-28 07:00:202022-11-18 14:34:09The Great Awakening: Part Two

The Great Awakening

November 14, 2022/0 Comments/in Blog /by Mark O'Brien

P&C Specialist recently published an article that gave us pause. The title of the article is “Insurers Struggle to Keep Staff Connected, Engaged“. In case you haven’t yet subscribed to P&C Specialist, this is the part that caught our attention:

With the new world of remote and hybrid work, many employers are struggling to boost employee connections and engagement as they strive to attract and retain talent … Judy Busby, senior vice president of executive search and corporate strategy at Chicago-based insurance recruiting firm The Jacobson Group, [said] “It’s harder for all of us to know how to engage our team” because most employees aren’t working from the office five days a week … “People want to work for companies where they have friends” … That triggered the great realization, great reassessment and great restlessness, leading up to the great resignation … It also has fueled “quiet quitting,” where employees do the minimum amount of work required and are psychologically detached from their jobs.

A number of things warrant comment here. We’ll take them in order.

From the Top

First, since we’re headed into the third year of COVID-19’s influence (actually, the fourth, if you count the fact that the novel coronavirus originated in 2019), we’re not sure remote and hybrid work any longer constitute a new world. While opinions about and preferences for remote, hybrid, and return-to-office work will remain forever divided, most organizations have figured it out by now. And if it’s harder for all of us to know how to engage our team, that means there’s a little more figuring out to do.

Second, people want to work for companies where they have friends. Well, yes. But there are a couple of other things to consider: (1) If you work remotely, you can still have friends, work with them, and communicate with them in any number of ways about work or anything else. (2) The larger the company in which you work, the more likely you are to meet folks with whom you become friends. Others? Not so much.

Third, the great realization and the great reassessment were inevitable. The great restlessness was already upon us. COVID just shortened the fuse. And the great resignation is more like the great realignment or The Great Awakening. Given how many people were likely less than satisfied with their jobs, the COVID lockdown was an overdue opportunity to take stock, to re-assess, to place different values on our lives and our time, and to make different choices. And that brings us to …

Fourth, quiet quitting is just a new name for an old phenomenon. Slacking off. Dragging your feet. Sleepwalking. Going through the motions. Phoning it in. Call it what you like. Operating at less than peak performance and psychological detachment are as old as humanity.

The New Normals

No. There isn’t a typo in that subhead. There are two new normals. They’ve actually been around forever, too, like operating at less than peak performance and psychological detachment. But thanks to COVID, we’re now more aware of them and painfully so. The new normals are change and uncertainty. That means The Great Awakening isn’t a one-time event. It’s necessarily ongoing, evolving, and unpredictable. We can evolve with it — embrace it, roll with it, and learn to make the most of it — or not.

The choice is ours … and yours.

https://finys.com/wp-content/uploads/business-man-6719390_640.png 360 640 Mark O'Brien https://finys.com/wp-content/uploads/finys-logo-color.png Mark O'Brien2022-11-14 05:14:022022-11-07 11:14:18The Great Awakening

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