Unexpected departures of key employees can be hard to manage because
of loss of experience and morale changes in the company. Great employees are what you want and never
want to lose. What if a great worker is
engaged in activates that are counter to the culture you want to build in the
company, or if the employee’s work habits have changed and they no longer fit
the requirements for the job? There may
come a time when you need to assess the situation and suggest Pat look
elsewhere for employment!
Management of a startup comes with duties of managing
personnel. Personnel have differing
personalities and needs. Some require
little maintenance while others require significant handholding. Compensation is always a difficult issue to
contend with, especially when the company has limited financial resources. What if Pat is requiring more equity or
compensation than the business can afford or warranted for the job? Some employees take negative compensation
responses and go on about their business, while others fester and spread
discontent among the others in the company.
Team members can be leaders but some lead in a negative
manner. Their focus is on themselves
rather than their team. They choose to
focus on tasks to improve their visibility but downplay the performance or activities
of those that work for them. The leader
may be great at what they do but they are not so great when it comes to keeping
the team motivated.
As the CEO entrepreneur, leaning which members are best suited for
which task is an important function of the job.
You may never know how those people are behaving when they are not in
direct contact with you. Walking around
and interacting with the other staff may help you take the temperature of the
morale in the company. It is always best
that you learn about how your team is working when visible as well as some of
the activities that go on in the backrooms.
Managing your team properly means knowing what is fair and
unfair. Compensation is a great
example. You should learn what is fair
in terms of equity and salary and hold the line on those levels. Compensations too far outside of the range have
implications on the way the company functions, meets budgets, and morale. Do not think you can give someone a raise and
others not find out. In fact, you cannot
even give yourself a raise without the others eventually finding out. The gossip starts as soon as one person
learns the secret. What happens next is
anyone’s guess, but usually it is not good for the company.
In short, you have people that work in the business with you. They have differing personalities and
traits. Knowing their wants and needs as
well as their less desirable attributes can help you manage the business to a higher
level of performance. Eventually, you
may have to tell that great employee to leave because they no longer fit the
needs of the company. Try to do it with
grace and appreciation of past service, but do it when you see they create more
to the downside than the up side.
Taffy
Williams is on Twitter by @twilli2861. Email questions to twilli2861@aol.com. His company website , photo website, or like
ColonialTDC on Facebook. You can also find him in the group
Startup Group on
Linkedin. Other articles are published in the Charlotte,
NC- small business section of Examiner.com.

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