If you aspire to be successful as an entrepreneur, manager, business owner, or any kind of leader, others must feel loyal to you. Although money is often seen as a prime motivator, ultimately the bonds that hold an enterprise together are psychological. Important data gathered by the indicate that loyalty is one of the top three things that make workers feel satisfied.
Loyalty balances self-interest. It is the willingness to look out for “us” and not just “me.” It’s no secret that the bond of loyalty has frayed at a time of layoffs and the loss of pensions and benefits in the economy. A public image has been built of opposition between management and labor – there is nothing new here – where the advantage has shifted overwhelmingly to management. As long as profits continue to roll in, loyalty is ignored. The assumption is that workers are too desperate for a job to complain or protest.
You have a choice to make in the face of this sad situation. Are you going to join the trend and forget loyalty or are you going to try and rebuild it? The question doesn’t apply simply to managers. Companies develop an atmosphere and a culture. No one works in a vacuum, and your attitude affects the environment you work in, no matter where you fit into the overall scheme.
If you choose to help rebuild loyalty, here are some suggestions:
1. Abstain from disloyalty, which shows up in small but telling ways. Office gossip, back-biting, and spreading rumors show disloyalty, because they degrade the sense of bonding and cooperation.
2. Work on bonding and cooperation. Be sympathetic and open to the people you work with. Support projects that are good for everyone, even if you don’t gain immediate material rewards.
3. Honor the difference between rivals and competitors. The fact that you are competing against others at work doesn’t make them your rivals. Rivalry is hostile; it implies that only one person can win. Competition raises the bar for everyone, so that the whole team can win.
4. Pay attention to personal details. Loyalty runs deep when a person feels cared for and understood. Be alert to these needs. Make an effort to include everyone. When ideas and suggestions are being discussed, make it clear that every suggestion is welcome. If someone’s pet idea is rejected, take time to go to them afterwards and listen respectfully to what lies behind the idea.
5. Share your success. Include your team in the praise and appreciation that comes your way. If possible, make a tangible gesture, as appropriate – throw a party, or other form of celebration, offer bonuses, present a gift as a token of recognition.
6. Don’t keep secrets. As much as possible, make the decision-making process transparent. Open up financial details. In the economic downturn of 2008, some small businesses shared their finances with their workers and thereby won real loyalty. Seeing that the company was strapped, the workers felt an incentive to be part of the solution. This is just one way to close the gap that makes management and workers adversaries, a stance that severely erodes loyalty.
7. Remind yourself every day that there is no “I” without “we.” This allows you to be humble in your successes and provides a community to get through crises.
(From the original text of Mr. Deepak Chopra MD )