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The power of positive leadership

AnÌý±ð²Ô²µ²¹²µ±ð»åÌýemployee baseÌý°ù±ð±è°ù±ð²õ±ð²Ô³ÙsÌý²¹Ìýkey organizational asset andÌýsource of competitive advantageÌýin today’s hypercompetitive market.ÌýAs numerous studies attest,ÌýcompaniesÌýwithÌýsatisfiedÌýteam membersÌýachieve better business outcomesÌýin terms of revenues, customer loyalty,Ìýstock market returns andÌýcorporate reputation. At the same time, they also recordÌýlower absenteeismÌýandÌýfewer safetyÌýincidentsÌýand qualityÌýdefects.Ìý

The importance ofÌýemployee engagementÌýis beyond question yetÌýmost firmsÌýstillÌýfall short of the markÌýwhen it comes toÌýinspiringÌýand unitingÌýtheirÌýteams.ÌýGlobally, only 15% of workers fall into the “engagedâ€� category based onÌý,Ìýshining a light on the remaining 85% of employees whose attitudes and performance qualify them asÌýdisengaged.ÌýOf these, roughlyÌý25% could be described as “actively disengagedâ€� employees,Ìýwho undercut corporate performance by spreading their negativity and dissatisfaction to colleagues.Ìý

Discover the Guide to the main types of leaders, which one are you?

The benefits of positive leadership

PositiveÌýleadership can helpÌýorganizationsÌýboostÌýemployee moraleÌý

While there are variations across regions,Ìýlow employee moraleÌýis aÌýworldwideÌýproblemÌýwith a direct impact onÌýthe bottom line.ÌýInÌýGallup’s 2020 survey, the United States and CanadaÌýtopÌýthe listÌýwithÌý35%, whileÌýChina and Hong KongÌýrank last with aÌýdismalÌý2%.ÌýInÌýthis context ofÌýwidespread employee malaise, what can companies do to motivate the teams?ÌýForÌýProf. Kim Cameron, William Russell Kelly Professor of Management and Organizations at Michigan Ross,Ìýthe key lies in positive leadership.Ìý

“In our research on the effects ofÌýcorporate downsizingÌýon employee morale, weÌýidentifiedÌýan important conclusion:Ìýthe companiesÌýthatÌýthrived all applied positive leadership,’â€� he explains. “In this regard,Ìýthe number one responsibility of a leader is to helpÌýcultivateÌýan organization where it is easy to be supportive. When firmsÌýpracticeÌývirtuousness, compassion and kindness, theÌýdata is very clear: organizational performance goes up.â€�Ìý

PositiveÌýleadersÌýencourage managers to leverage people’s strengths

Positive leadership is not about “fake positivityâ€� or overlooking lackluster performance. Rather,Ìýit encourages managers toÌýplay on people’s strengthsÌýandÌýcreateÌýan environment whereÌýteam membersÌýfind meaning in their work. This is the opposite of the conventional approach ofÌýhoming in onÌýemployees’ÌýweaknessesÌýor areas for growth.ÌýÌýÌýÌý

Positive leadership starts with nurturing a culture of trust, transparency and appreciation for employees. “It’s critical for companies toÌýcreate aÌýsenseÌýofÌýpsychological safety whereÌýteamÌýmembers feel free to voice their opinionsÌýand make mistakesÌýwithout fear of reprisal. FirmsÌýwith this approach will be much better positioned to prosper and sustain performance over timeâ€�.

Discover the 13 questions to find out if you are a good leader.

IfÌýyou would like toÌýgain new strategies to enhance organizational performance,Ìýlearn more aboutÌýthe programÌý. Delivered jointly by ÌìÃÀ´«Ã½ and Michigan Ross, theÌýprogramÌýis designed for human resourceÌýprofessionals, executives in change or career transformation processes, and leaders who aspire to develop creative, committed and constructive teams.ÌýÌý

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