I have fewer money for salaries but employees do not come for free, should I, invest the reserves in business, or keep them for another day…..if I train my employees well, they will leave for greener pastures, and … so on are the many thoughts which cross through a young entrepreneurs mind. Is there an answer to these questions, can anyone help out.
Well speaking from personal experience, humans need respect, space and leadership more than money they earn. I am sure most will put money first. But many have quit jobs because of bad bosses, bad environment at work place, no personal life…..but everyone looks at pay hike too, if skilled you do not give the hike someone else will. Then what to do.
“So train a man such that he wants to leave,
Treat him so well that he doesn’t. “
Here comes the question, train to what extent. The answer is best possible extent. Because if:-
“You give a man a fish to eat, he will live for a day,
But if you teach him to catch fish, he will live for life.”
Translate this to your production, if you train a man well he would be useful to you for as long as your startup lasts.
Secondly how to treat a person well so that he feels part of the process. Consider following :
- Respect an individual, he may or may not be of your intellect level, but he may stand with you when it matters. That slight respect has a large dividend pay back.
- Space is human need and it varies from time to time as situation arises. For example a person is finding it difficult to adjust to the office routine because he stays very far from office, allow him some time to ensure he comes on time, but do not cut his pay for that. Person needs leave for sister’s wedding, may be for 10 days, give it without questioning, he would stand by you without questioning day and night when required, because he knows if a personal needs arises in future too, he will be heard and actioned. Someone is going through bad phase in life; praise him for still coming to office rather than checking on his performance during that period.
- Make team building a natural process then a forced one, let them cultivate and have their own ways of achieving the goals of company. Make them believe it’s one big family, and we all grow or perish together, leaving one or two bad fish, the rest will click.
- Lastly the leadership you provide is what matters. If you are like don’t worry what I do, but you do what I say, then it could be a disaster. Rather if you show the path and walk along some distance with them, they will cover the full distance without you but for you.
Please add or contribute constructive Suggestions.
By Cdr Sanjeev Deshpande, (Retd)