Tag Archives: aerospace industry

Louis Chenevert’s Tips On Improving Your Business By Investing In Your Employees

Who doesn’t want to boost up their business and consider advancements in their cooperation? There are a number of ways how to achieve it. However, the cardinal chairpersons have a very easy approach to do so.

Spending the money and investing in the working class or employees of your company is the best or supreme approach and an easy way to give a kick to your business. Some of the few reasons are that you are already aware of people, they are already well-trained, you are well aware of their strong and weak areas whereas hiring new people would be a risky choice. One can provoke the employees to perform even better by promoting them to the next level, which creates a sense of healthy competition.

Prime Workplace:

The very first important way to invest in your employees is to provide them with the environment; they would enjoy working and spending time while working. Having a relaxed environment and surrounding would create a very positive impact on the working capacity of employees. Don’t play the game of favoritism and nepotism that rusts the working of employees. Have a light mood environment at meetings and lunch tables.

Acknowledge Hardworking Employees:

Distributing rewards among the hardworking employees kicks their ability of diligent to the next level. This would create a sense of appreciation among the hard workers and a sense of competition among the others. The reward could be of any kind, could be a gift, a certificate, a bonus or extra meals at lunchtime.

Employee Scholar Program:

Providing Employee Scholar Program is another way of the facilitation supplied to workers that would provide them with their educational expenditure, a part of it. Louis Chenevert emphasized that this is a really best way to enhance the productivity of a company.

Team Building:

The team building exercise helps to develop the sense of learning among the employees in group and as teamwork that helps them to perform better that would ultimately boost the company’s productivity and would lead to a healthy progressive way to success.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html