{"id":380,"date":"2015-05-03T12:47:50","date_gmt":"2015-05-03T12:47:50","guid":{"rendered":"http:\/\/www.q3ed.com\/?p=380"},"modified":"2015-05-03T12:47:50","modified_gmt":"2015-05-03T12:47:50","slug":"qleadership-series-show-employees-how-the-business-works","status":"publish","type":"post","link":"https:\/\/murrayslatter.me\/?p=380","title":{"rendered":"QLeadership Series &#8211; Show employees how the business works"},"content":{"rendered":"<p>To succeed in today&#8217;s business environment, your employees need to know far more about the business than just how to do their jobs.<br \/>\nThey need to know how it operates.<br \/>\nInfluential managers must take the responsibility to help workers better understand the entire organization, gain a clearer perspective on just how the business operates, analyze the competition, learn to take risks, and inspire innovative thinking.<br \/>\nAs a manager, you understand how your organization operates and manages its finances. That&#8217;s your job. So you might not realize what it&#8217;s like to work without knowing how every person and every job impacts the bottom line. When your employees learn how the organization runs and how it spends and brings in the money, they become more motivated to help make a difference.<br \/>\nStart by arranging for a business basics training program for all workers. There are several on the market that can be customized to your organization&#8217; s needs. These programs may use a game format to explain how your organization operates and how it makes and loses money. This can be an enjoyable and fun way to teach employ\u00ad ees the business of being in business. And here are a few other suggestions to get people moving on understanding business basics:<br \/>\n<strong>Talk money<\/strong>: Share the monthly departmental profit-and-loss statements with your empIoyees. This can quickly help workers to better understand how their jobs and specific duties fit into the overall workings of the organization, their neighbourhoods, and even their communities. Take time to analyse scenarios that show the impact one person has on the entire organization. This can be a real eye\u00ad opener! The point here is to help your employees see how one per\u00ad son&#8217;s attitude and behaviour might directly impact the organization&#8217;s bottom line, potential pay raises, bonuses, profit sharing, and so on.<br \/>\n<strong>Encourages &#8220;open-book managing&#8221;<\/strong>: The idea of open book management has become quite popular. This concept involves sharing the organize\u00ad tin\u2019s financial data and operational strategies with employees and then showing them specifically what they cost and what value they add to the organization. Some companies go as far as to post everyone&#8217;s salaries! A good resource for learning about this approach is the 1992 book, The Great Game of Business, by Jack Stack. Information is also available on the Internet at http:\/\/greatgame.com.<br \/>\n<strong>Help people see the big_ picture<\/strong>: By showing-your employees how to see the big picture and understand the monetary domino effect of every action they take, you instil in them an entrepreneurial mindset that creates a motivated organization. Your purpose here is to devel\u00ad op smarter, more skilled, and highly motivated employees who under\u00ad<br \/>\nstand their role in helping the organization succeed, today and into the future. Helping your employees to see the big picture, and not just a myopic view of their specific tasks, can help .make that happen.<\/p>\n<h4 style=\"text-align: right;\">&#8220;Trust-the glue that binds followers and leaders together. &#8220;<\/h4>\n<h4 style=\"text-align: right;\">Warren Bennis<\/h4>\n","protected":false},"excerpt":{"rendered":"<p>To succeed in today&#8217;s business environment, your employees need to know far more about the business than just how to do their jobs. They need to know how it operates. Influential managers must take the responsibility to help workers better [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,9,6,2,17,3],"tags":[],"class_list":["post-380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-leadership-master-class","category-businessq","category-leadership","category-leading-people","category-master-class","category-people-and-culture","clearfix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QLeadership Series - Show employees how the business works - Murray Slatter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/murrayslatter.me\/?p=380\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QLeadership Series - Show employees how the business works - Murray Slatter\" \/>\n<meta property=\"og:description\" content=\"To succeed in today&#8217;s business environment, your employees need to know far more about the business than just how to do their jobs. 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Nothing brings a team together like the challenge of performing at higher levels than its competitors and then helping the organization grow as a\u2026","rel":"","context":"In &quot;Business Leadership&quot;","block_context":{"text":"Business Leadership","link":"https:\/\/murrayslatter.me\/?cat=10"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":386,"url":"https:\/\/murrayslatter.me\/?p=386","url_meta":{"origin":380,"position":1},"title":"QLeadership Series &#8211; Encourage intelligent risk taking","author":"admin","date":"October 3, 2017","format":false,"excerpt":"Have you ever asked yourself, \"Why aren't more of my employees willing to take risks?\" Perhaps it's because the few times they tried and things went wrong, they were either disciplined or perhaps even fired. Even when employees succeed at something risky, with a pat on the back for the\u2026","rel":"","context":"In &quot;Business Leadership&quot;","block_context":{"text":"Business Leadership","link":"https:\/\/murrayslatter.me\/?cat=10"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":377,"url":"https:\/\/murrayslatter.me\/?p=377","url_meta":{"origin":380,"position":2},"title":"QLeadership &#8211; Make employees feel like partners","author":"admin","date":"October 3, 2017","format":false,"excerpt":"If you want your employees to be motivated to do their best, and if you want them to be the most valuable asset on your balance sheet, then let them feel and experience ownership in the organization. The best managers make every employee feel like a business partner. Why? Because\u2026","rel":"","context":"In &quot;Business Leadership&quot;","block_context":{"text":"Business Leadership","link":"https:\/\/murrayslatter.me\/?cat=10"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":370,"url":"https:\/\/murrayslatter.me\/?p=370","url_meta":{"origin":380,"position":3},"title":"QLeadership Series &#8211; Build a Motivated Workforce","author":"admin","date":"April 3, 2015","format":false,"excerpt":"Here's the million-dollar question: Who would want to be influenced and inspired by you? If you cannot answer this question, then you have no business managing anyone. As a professional speaker and corporate trainer, I have asked this question of thousands of man\u00ad agers and leaders across America and abroad,\u2026","rel":"","context":"In &quot;Leadership&quot;","block_context":{"text":"Leadership","link":"https:\/\/murrayslatter.me\/?cat=6"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":373,"url":"https:\/\/murrayslatter.me\/?p=373","url_meta":{"origin":380,"position":4},"title":"QLeadership Series &#8211; They do it for themselves!","author":"admin","date":"April 3, 2015","format":false,"excerpt":"As a manager, if you really want to influence people's motivation, you have to uncover their reasons for doing things. You have to question their purposes and their causes. People aren't going to be truly motivated for your reasons and objectives. 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A New Era has Dawned - Conscious Capitalism The world is changing rapidly, challenging many old business ideas and methods committed\u2026","rel":"","context":"In &quot;Business Leadership&quot;","block_context":{"text":"Business Leadership","link":"https:\/\/murrayslatter.me\/?cat=16"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts\/380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=380"}],"version-history":[{"count":0,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/wp\/v2\/posts\/380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/murrayslatter.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}