31 de January, 2024
This article was originally published in Spanish on Entrepreneur.com. Read the original version HERE.
In the competitive corporate environment, where each innovation and decision can be decisive, the role of motivation in teams takes on crucial importance. Gallup’s research reveals that highly engaged work teams experience a 59% decrease in turnover, 41% less absenteeism, and a 21% increase in profitability. These data highlight the relevance of fostering deep engagement within teams.
Leaders need to understand and meet their teams’ motivational needs to succeed. Diane Garza, CEO of iCatalyze, asserts that
“True leadership consists of inspiring people to give their best. However, the responsibility to motivate the team does not solely rest on the leader; individuals must also motivate themselves.”
On the other hand, in her book ‘Why Motivating People Doesn’t Work and What Does,’ Susan Fowler argues that traditional motivation, based on external incentives, is often ineffective in the long term. Given this landscape, a fundamental question arises: How can business leaders foster genuine and sustainable motivation in their teams?
It is crucial to understand why motivating high-performance teams is essential. These teams not only require exceptional skills but also motivation that matches these capabilities. Motivation not only drives short-term goals; it is fundamental to sustaining continuous innovation, adaptability, and long-term commitment. Highly motivated teams exhibit greater creativity, better collaboration, and an outstanding ability to overcome challenges, not only driving project success but also fostering talent retention. Having a motivated and resilient team becomes the greatest asset.
To achieve this level of motivation and maintain high-performance teams, there are key strategies that company leaders can implement. These strategies drive productivity and innovation and promote a positive and sustainable work environment. Diane Garza presents five practical recommendations based on the latest motivational theories and strategies:
In the fast-paced world of companies, where every day counts, inspiring teams to achieve peak performance is a constant challenge. However, by applying these science-based motivation strategies, leaders can create an environment where team members are not only motivated to achieve their goals but also inspired to surpass them.
“Motivation is the art of seeing the potential in people and helping them unleash it.” By adopting these practices, companies can cultivate high-performance teams that are genuinely motivated from within.
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