Way with workers
I read several stories after the re-election of President Obama about business owners having to lay off employees because of Obamacare and the cost related to it.
I don’t question their right to do so; however, I do question their leadership qualities. I have been fortunate to have worked for successful, growing businesses in my career. They were successful and growing during good and bad times. My conclusions are that they succeeded due to many, common sense management practices.
First and foremost, they attract talented people by treating their employees like family, providing them with health care and other benefits resulting in a good quality of life for their families. They also do not get involved in spending valuable time needed to manage a successful company by threatening their employees with layoffs and finding blame. Nor do they believe that they alone build the business.
They rather cut out so-called “nice to haves, but not necessary to do business” to be able to pay for these benefits. That is why these successful executives succeed.
There are many lessons to be learned by studying these effective leaders rather than the “leaders” who are playing the blame game. Just take care of your employees, appreciate their value to your business, and you will do just fine and will weather the storms.