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Four management tips for tough times

Most businesses go through a rough patch now and then.

Most businesses go through a rough patch now and then. Profits might be down, or maybe they lost a few key employees and are feeling the pain of being shorthanded. Regardless, it's critical for managers to be able to keep their teams feeling motivated and encouraged, even when conditions aren't optimal.

Fortunately, there are a few strategies supervisors can keep in mind to bolster morale during tough times:

  • Praise hard work. According to the Wall Street Journal, this is a key tactic for motivating workers during challenging periods. With employee reward and recognition programs, managers can acknowledge extraordinary efforts and encourage co-workers to recognize each other.
  • Have upbeat meetings. Chip Conley, founder of Joie de Vivre Hospitality, told Inc.com that incorporating recognition and positive feedback in meetings can prevent them from becoming overly gloomy.
  • Move dissatisfied employees. Grumblers can infect an entire team, the Wall Street Journal noted, so if they won't change their attitudes, consider putting them on projects where they won't bring down their colleagues.
  • Keep training employees. Bernie Marcus, founder of The Home Depot, explained to Inc.com that training programs often get cut when times are tough, but opportunities to grow can motivate workers and help them feel like a valued part of the team.
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