Edmonton Business Consultant | Employee Aspiration vs Company Interest

Edmonton Business Consultant | Employees Interest VS The Business Interest

At Spurrell and Associates Chartered Professional Accountants, our Edmonton business consultant would like to discuss about employee interest versus business interest. The we found that 50% of all business will fail in the first five years. However 23% of those blame not having the right team from your failures. Most business owners are unaware about their employees personal circumstances and how it might negatively affect their work performance. There is the other end of the spectrum where they are trying to fix the employee’s problems than ending up spending too much time for you employee instead of running the business.

Our Edmonton business consultant found that employers often failed to realize that their employees have a different interest opposed to their business. Business owners can be busy growing your business but their employees however could be more focused on her personal life. Examples would be like marriage, a trip, or even negative ones like a breakup. These could take time and energy away from employees instead of growing the business with the employer. Often times business owners can’t recognize this conflicting interest and can cause subpar performance from the employees.

Employee performance can also be greatly affected by their career aspirations. Some of them try their hardest to progress in a career path. They like rising through the ranks in the company. However there are employees who progressed through a career that may lead them outside of the company. Although it’s not a bad thing it would be best if you understand that the expectations of your employees is not aligned with yours. There are also employees who have no aspirations at all and that can be problematic. Their performance are tied if they feel good outside of work. Understanding those aspirations can help you aligned interest of the company to your employees.

One huge factor that our Edmonton business consultant found affecting employee performance is health. If employees are sick or having discomfort this will cause them to miss a lot of time going to work or it will greatly affect your performance if they do decide to go to work. Working with employees to understand and mitigate health problem was is very important.

Business owners should try to get employees to buy into their mission. There are employees who just come in from work turn money and it could be a problem because their performance is tied to their mood. However everything will employee will run into some difficulties every now and then. Whether it’s her family, career or health. There are always going to be challenges. Employees who come in use for paychecks and often find work meaningless if the face challenges in life. However if you can sell your mission to your employees they can find aspiration on your company mission instead of relying on personal life success. You should try to carve out time for a few employees to understand and try to help them with those challenges.

Edmonton Business Consultant | Employee Aspiration vs Company Interest

Our Edmonton Business Consultant at Spurrell and Associates chartered Professional accountants believe that 50% of all businesses will fail over the first five years. However 23% of business owners think they fail because they don’t have the right team. Employers often don’t know their employees personal aspirations and it might lead to worse work performance. There are also business owners will become “professional counsellors” for employees trying to fix the problems instead of putting more time into the business. We would like to discuss this further and give tips to stuggling business owners.

Employees often do not have the same interest as employers. Business owners usually find out too late and may end up hurting their business. While employers are be busy completing projects, growing the business, chasing leads him, or pushing a marketing initiative. Employees could be more focused on their personal challenges or success. These could be marriage, vacation or negative ones like a breakup or health problems. Often times employers do not recognize this conflicting interest and can cause bad work performance from employees.

Our Edmonton business consultant also found employee performance are tied greatly to their career aspirations. Some of them try their hardest to climb through the ranks of the company. However there are employees whose career may lead them outside of the company. Although not necessarily a bad thing it is best if you understand the expectations of your employees. There are also employees without any aspirations. This can be problematic because there performance is tied to your personal success outside of work. Employers should try their best to understand their employees interest and try to align it with theirs. Having employees interest aligh with yours can boost work performance.

Health can also play a huge factor care employees performance. Sick, ill and uncomfortable employees will cause them to miss a bunch of time off work. However if they do decide to go to work; your performance will suffer greatly. Business owners should try to understand and help employees to mitigate these problems. This can be trying to find the right benefits plan for their employees or even just pointing them to the right direction.

Our Edmonton business consultant think business owners should try to get employees to buy into their mission. Employees who come into work just for money and have a negative impact to your business. Your performance is tied greatly to their mood and where they are having a good day. However every employee will run into some challenges every now and then. It could be in their own career, their family, or deteriorating health. However if you try to buy your employees into your mission. They can have personal satisfaction to their work instead of relying on outside sources. This leads us to our next point. Business owners should try to carve out time order employees even if it’s just a handful of them. They should try to understand their challenges and try to help them overcome said difficulties.