A business is only as great as the people working for it, from the top-leadership positions all the way down to entry-level associates. That’s why, according to Forbes, business leaders should invest in quality employees with diverse and growing skill sets is foundational to the long-term success of your company.
In order to draw and retain hard-working talent, business leaders must learn to properly manage employees. That means carving out a place for every new hire, nurturing strengths, and providing opportunities for personal growth.
Plus, your employees need to like you. No, that doesn’t mean that you have to be the life of the party or the company clown—but that you’re a strong leader who respects her/his employees. Ensure that your team members feel valued, invested, and heard, and you’ll have a happy, healthy business.
Lucky for leaders, a positive perception seems to be the norm within their companies. Last month, we conducted a study comparing employee versus nonemployee ratings of 350 CEOs on Owler. Ninety-five percent of the time, employees rate their CEO more favorably than non-employees. And the difference of opinion isn’t trivial either: the average discrepancy stands at 34 points.
Overall, employees awarded their CEO at 88 percent favorability, while nonemployees granted a lukewarm rating of 55 percent. So, it seems like we’re all much happier with our own business executives than we are with the leadership at other companies, which is of course, what ultimately matters.
To get the full story, read our report: “Internal Bias? Do Employees Rank Their CEO Higher Than Outsiders Do?”
**We calculated these numbers based on information gathered and analyzed in December 2016. Our crowdsourced insights continue to grow exponentially, currently at the rate of one member contribution every six seconds. While this ensures that Owler.com displays the most up-to-date and accurate numbers, it also leads to variability in our ratings over time.