Flipping through the Southwest Airlines magazine on my flight to Charleston, SC last week, an interesting statistic caught my eye. A recent study by Comparably found that 36% of tech workers are more loyal to their coworkers than their boss, their direct reports, or even their company. You may be a great boss, but that may not be enough for your team to have your back.
Should you be worried that your team is more loyal to each other than you?
Your team doesn't have to assume the role of a faithful, loyal companion named Fido. However, a cohesive, reliable team devoted to each other is less prone to attrition. An employee who loves who he works with and enjoys his job is less inclined to seek another opportunity. I know teams who become like family doing things together such as eating lunch, seeing the latest Star Wars movie, or attending Comic-Con in character. How are you creating a culture that encourages and grows peer to peer relationships?
Is it a problem that your manager doesn’t seem concerned about his or her direct reports?
Yes! In Comparably’s study, people were the least loyalty to their direct reports at only 10%. To me, this is the most concerning result for any leader wanting to retain staff in a highly competitive job market. All too often in the tech industry we promote great technologists and expect them to be great managers. I saw this often at Motorola. What are you doing to develop your managers and leaders? Are you investing 10% of your time coaching, mentoring, and developing them? Start by modeling the behaviors with your direct reports.
What about you? Are you building and growing relationships with your peers? I have a wonderful tool to help you evaluate your key business and social relationships. Let me know if you would like a copy.
As we begin to close out 2017, it’s a perfect time to evaluate your leadership team. Do you have the right team to drive your 2018 goals? If not, make the adjustments now to position your organization for rapid growth. If you would like to discuss the specifics of your team, let’s schedule a short call to discuss.