There is a business quote which is very common with successful entrepreneurs. They state that you should take care of your employees, because they are the direct link to your customer, and they get to decide how the customer will feel about your brand. Louis Chenevert, a renowned business leader, an entrepreneur seems to read from the same school of thought. He states that there is no better way to bolster your business success than working on your current employees. He adds that when a company has a low turnover rate, it has a higher possibility of meeting its growth goals.
Creating the optimal workplace is not as hard as many bosses believe. The first thing that you need to remember as a boss is that it is possible to create an optimal workplace, as long as you are willing to make changes which will make the employees enjoy spending their time in the given workplace. He adds that fostering positive relationships and avoiding poor leadership styles such as divide and rule, always works in making a perfect workplace.
The other recommendation which he makes about improving the workplace is that there is no better way to encourage employees to stay on and work hard than to have awards for the ones who do well. He stated that while there are cynics who will laugh at concepts such as the employee of the month, it makes everyone have something to look forward to as they set their work goals.
The third way which Louis Chenevert recommends to try and improve the workplace is investing in the academic and professional development of the employee. One of the best ways to do this is creating employee scholarship programs such as the one that he initiated in his company, UTC. He states that after the program was introduced, more of his employees felt encouraged about staying on and improving themselves. When they got higher qualifications, they would get promoted within the organization, which encourages the others to work hard and get the same benefits. These are the types of incentives which support business growth.