PRODUCTIVITY AND LONGEVITY
Do you want to attract and retain qualified, self-motivated people to work with you in your practice? I’m sure you answered “yes”. If so, as a leader you must accept the responsibility to create an environment where people can thrive. You may be thinking, “how in the world am I going to have time to do anything more than I am doing already?” But, let’s ask the question in a different way:
- Do you have time to hire and train people only to lose them?
- Do you get tired of spending time or money on people who are not motivated? Is that holding your practice back?
- Have you become complacent with being “average” because you don’t have the right people on your team?
- Have you lowered your goals because you’ve become discouraged?
- Do you have a vision of your “ideal practice” but aren’t sure how to make that happen?
Bottom line? You don’t’ have time NOT to improve your leadership skills.
If people in the workforce today do not find fulfillment in the workplace, they will not stay. Instead, they will move on to another job without feeling a sense of loyalty to the place they are leaving. Constant turnover in your practice costs money, time, and energy.
With transactional leadership people are assigned tasks to complete but are given little or no feedback unless something goes wrong or is left incomplete. If people only hear from the leader when something goes wrong, this can be discouraging. People can’t function productivity when they live in fear or if they never feel appreciated.
In contrast, transformational leadership (Bass, 1985) leads to a harmonious workplace where both the employer and the employee can function in a productive and healthy environment. Team members are more engaged and involved, leading to greater satisfaction and reduced turnover.