Are Great Managers Truly Unicorns?

The number one reason why people leave their jobs is because they feel unappreciated or under-valued. Translation: lousy boss.

One of the main reasons I’ve left all my past jobs is a terrible boss (best boss I had was as an entrepreneur – he was great, but the pay was inconsistent).

At the core is a skill problem. Let’s start at the bottom:

As a technical worker you are paid to produce results quickly. Once you prove yourself you move up to leadership. The issue here is what made you a great technical worker won’t help you be a good leader.

At the leadership (management) level your job is to bring out the best in your team. It doesn’t matter how well you performed at your previous role because the job description is completely different.

This is rampant in Corporate America because seniority normally equates to promotion. But most managers don’t know the first thing about motivating/treating people. Managers talk to their employees as if they’re stupid or incompetent. The disrespect is tolerated at first, but over time disengagement and morale drops.

Productivity keeps a business running, but poor leadership can halt growth. Companies with high turnover are similar to below par rated restaurants on Yelp. Even if you have a great product, customer service is what you’re ultimately judged on.

Most businesses believe treating the customer with the utmost respect is good enough, but when employees feel the cold shoulder of management internal strife starts to build. When the work environment becomes sheerly political the internal trust deteriorates and your best talent already has one foot out of the door.

I understand the argument from the company’s perspective that hard, objective decisions need to be made in order to scale, but you can still treat people well and get great results. People filter their perception of leadership through interactions. Once you feel unsafe as a worker, it’s time to start applying for jobs elsewhere.

That’s why when you do find a manager who cares about you, brings out the best in you and ultimately looks at his position as service treasure him/her. I’ve been fortunate enough to experience it once in my career and during that tenure I felt I could do anything.

For some complete autonomy may feel like macro-management, so it’s important to understand what type of boss you thrive under. Culture is viewed as the thermometer, but core behaviors are the true temperature.

These days companies can pay you lip service about their environment, but only the employee experience truly defines what the culture is.

So if you have a great manager think twice about the grass being greener on the other side. Like grass most of the time if you turn it over it’s actually brown.

Guest Post: How to Save Your Small Business from Bankruptcy

Monopoly-broke

Bankruptcy is often the result of bad finance management and resource allocation. Sometimes, however perfect your business might be, your company would face bankruptcy due to external economic conditions. These include sudden currency changes, inflations and global recessions.

More than big corporate companies, it is the small business companies that are mainly victimized. This is mainly because they operate with small budgets and less financial security. Considering the current economic climate, bankruptcy has virtually become unavoidable.

Instead of facing the problem when it comes, take the necessary precautions to at least reduce the possibility of such a scenario occurring. As soon as you sense it coming, you must sell whatever assets you have to pay off your debts. Just keep what is necessary and sell the rest. Since it is an emergency situation, make use of any source that will enable you to get a good price. Whether it is a community sale or an online discount sale through eBay, do not hesitate or waste your time since it will only multiply your interest rates.

You can also try to convince or persuade your creditors to ease your financial burden. To not ask for complete exemptions, but rather try requesting a longer deadline or reduction in the debt amount – maybe both if the situation is critical. If you have borrowed money from an established bank, it will definitely have hardship programs that can help you out.

Latest bankruptcy law stresses the importance of credit counseling during such situations. You can either visit professional credit counselors or bankruptcy lawyers for expert advice and feasible solutions. If you are looking for the best bankruptcy attorneys in Scottsdale, your destination should be Canterbury Law Group. This firm has a number of lawyers who will be willing to be of service. Make sure that you explain your situation thoroughly before asking for immediate solutions.

You can also get rid of your debt by finding more cash. Getting a new loan can ease your financial situation and can even out you through the same situation is the future, but in desperate circumstances, if it can provide temporary relief, it should be considered as an applicable solution. Do not make the same mistake of getting high interest rate loans. You must only settle for a nominal price in any situation.

Management changes can also be effective in such situations. Bankruptcy can happen due to improper and unorganized management of work. Therefore, you will have to make immediate changes in designations in order to ensure the survival of your business. If a particular employee’s methods prove to be unfruitful, you must give the position to someone who will be able to bring positive change to the company’s financial situation.

If nothing works out, you can ask for help and financial assistance from your friends and family. Make sure you use this as a last resort, since although you might be a small business company, it is still unprofessional to do so.