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A Gallup poll in 2017 on employee engagement showed that 85% of American workers are not engaged in their work.  Said another way, more than more than four out of five employees are less motivated to be productive, ultimately affecting customer satisfaction, profitability, innovation, and rising costs. Historically, two different approaches have been tried by leaders to increase employee engagement.  


Scenario #1 – Leaders are financially driven and control all activities, making sure the job is done right.


Scenario #2 – The leaders in tries to be your friend, compassionate and caring.  This style has often been referred to the soft approach.   Many researcher’s ague for this approach, but leaders who grow up in under


Scenario #1 are fearful to take a chance since the track record on business result with this approach are poor.

Thank Goodness It’s Monday has developed a 3D scenario which achieves fully engaged employees which leads to best business results.  Employees operating under Compelling Leadership adopt a “do whatever it takes” attitude.  Employees operate at maximum engagement day in and day out.  For more on how Compelling Leadership was developed click here.

According to the SBA Office of Advocacy (PDF), about two-thirds of businesses with employees survive at least two years, but only 50 percent make it to the five-year mark and just one-third celebrate their 10-year anniversary.  Forbes reports an even more grim statistic, based on Bloomberg research, that of every 10 businesses, eight fail within the first 18 months. 


Businesses with and without business plans failed with similar frequency.  Unfortunately, not everyone can be a Mark Zuckerberg or Bill Gates. These two successful entrepreneurs succeed without a business plan, but this is not the fate of most small business. Close examination has shown what small businesses could do to avoid failure.  Thank Goodness It’s Monday will teach small business owners how to avoid failure in the early years through teaching 14 missing elements to small business startups.

 

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