Some say there are enough challenges facing SMEs without suggesting they also have to incorporate employee recognition. However, it is becoming clearer that recognising staff for the work they do helps to build a company’s culture. This is particularly true when a recognition programme encourages staff to repeat desired behaviours, which support company values.
Recognition is important because SMEs are BUSY: busy scaling their business; busy making new sales; busy finding new staff etc. During this time a company’s culture is forming and it is important that the culture supports its goals and objectives. Why?
Because recognised staff are more engaged staff, who give of their best, commit to a company’s culture, values and objectives, while building company success.
How can recognition be given to individuals and teams? Social recognition gives the SME an accessible, affordable and supportive recognition tool. It is their very own private, moderated social network, which promotes three, key essentials:
All organisations, regardless of their size, will benefit from encouraging these activities. In particular, this is true for growing SMEs. Academics like Robin Dunbar suggest that individuals can maintain stable social relations with between 100-150 people. Others suggest this number is as low as 50 relationships. Applying this range to SMEs, when employee numbers rise above 50, SME leadership will need a platform to support organisational cohesion.
Company-wide recognition, communications and behaviours can be supported using a social recognition platform like Kudos, which will deliver and drive these three key essentials, 24/7. What helps is that Kudos is scalable, agile, mobile, secure and affordable:
There are three compelling reasons why every SME leadership team should not forget these key essentials:
‘Interesting times’ are coming our way. Political change across Europe together with the recent US presidential elections make for unsettled waters. The aftermath will be navigated by all organisations, including SMEs. During these times, the SME that recognises its employees will build a stronger culture and be in the strongest business position.
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