In today's turbulent economic market, even the strongest and most powerful corporate icons are challenged to find ways to improve their efficiencies. As they require more work from fewer numbers of people, their top priority is having effective leaders and motivators who can propel their group to greatness. Unfortunately, many young managers and leaders have never seen a tight economy, or at a minimum, have only a faint memory of what it can be like. It's during these times that leadership skills are put to the test, because employee motivation becomes more difficult as the resources for motivating are pulled at the same time.
Understanding human psychology is critical during tough times because we need to be beyond the fluff. Yes, ice cream socials are fun for employees, but they aren't the be-all and end-all to employee motivation. Contests are interesting, but people find them disconcerting during tough times.
The fact is that there are four critical elements of leadership that are extremely valuable during robust times and absolutely essential during challenging times. Implement these leadership qualities in your organization today so you can nurture a motivated workforce for years to come.
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