How To Balance Employee As Well As Business Growth

As an entrepreneur, it is your responsibility to ensure that your employees grow along with your company. With each passing year, the company is likely to accept new projects and grow as per their success.

But, as a business owner it is your responsibility to create a work atmosphere where your employees also get to learn and develop skills required in the future.

There is a high possibility that constant mergers and acquisitions may have an adverse impact on the morale, working pattern and success of your employees. You can avoid this situation by looking after the following matters.

Determine Employee Skills

Your employees have been working with you for a long period of time which will help you to determine their skills and level of training required for the future. You probably may need an additional 30 days to train them so that they get accustomed to the new setting and working pattern.

The simplest technique is to manager monitor – the manager has to assign tasks and review employees based on the tasks performed by them. If you have hired new employees you can adopt the same technique because you do not have a work history to check upon.

Plan Mentorship programs

Employees can be segregated in teams wherein each team has a mentor. Make sure that you pair them as per their job responsibilities and work experience. The mentor’s role is to keep an eye on how efficiently tasks are performed by the employees and guide them where needed.

At times, these programs help to bring out the best from employees and also boost employee productivity. Some companies constantly change their format of functioning in order to keep all employees on their toes and compel them to give their best.

The duration of the program may differ from company to company based on the nature of business or work pattern. As and when employees begin to learn and develop new and better skills at the company’s behest, it adds to the productivity levels within the organisation. It has a positive resemblance on the overall growth of the firm.

Prioritise training

Training plays a huge role in the career and growth of an employee. The initial 90 days of training has a significant impact on their future prospects. However, the training process should not come to a standstill post the 90 days session.

The training process should be an ongoing procedure for all employees as it leads to the success of the company. Irrespective of whether the company is experiencing organic growth or leading towards a merger/acquisition, employee growth should not come to a halt at any given point in any organisation.

Employees should always be learning something from their co-workers or top level management. This is an unspoken rule which is levied on each and every employee (including the experienced employees).

If you are looking for an effective training program for your employees then it is important to remember that communication is the key. If employees do not ask questions they are likely to misinterpret the information/training provided to them, which results in confusion and poor outcomes.

Therefore, employees should be given the freedom to speak their mind, raise concerns and also suggestions for the growth of the company. At times, employees provide valuable insights to the company which results in the expansion of the company.

For instance, due to constant changes and work pressure, employees often lack motivation or lose interest in their work. In order to avoid such a situation, you can arrange for a corporate day out which includes fun activities like quad biking, paintball, pit stop challenge amongst many others.

This will build trust between your employees and encourage them to stay focused on their work considering the fact that their employer understands their situation.

Tailor training process

Each and every employee has different potential and set of skills that define them. Although, a standardised training process will make your process simpler but it is also necessary to take into account individual skills and tailor your training modules accordingly.

In this process, the role of the trainer/mentor has a huge influence. The trainer has to decide and plan the training process based on each employee’s skills. Employees can possibly possess entry level, intermediate or advanced skills but the trainer has to frame a program which polishes these skills and develop new ones.

Attending professional and educational sessions can also be one of the techniques to improve the current skill level of all your employees.

This process can be time consuming and daunting but it is also important to consider the fact that your employees can be lucrative assets to the company in the future once they possess the required skills.