While economic forecasts and trend analyses can provide a firm grasp over what to expect in the coming months or years, there’s never a guarantee of what will actualize and the sheer magnitude of change and disruption felt. As a result, businesses rely on the firm’s overall resilience and its ability to adapt to any new features present in the business climate, especially in the context of today’s economic circumstances, given the widespread uncertainty that covers the markets.
However, many business owners and entrepreneurs fail to realize that a company’s potential for growth and success is strictly tied to the training and development of its employees, emphasizing the need for autonomy and increased engagement in the workplace. And to wade through the economic turbulence and come out stronger in the business world of the new normal, it’s becoming increasingly clear that businesses must shift their gaze toward more employee autonomy.
Performance Scales Better With Autonomy
Overall economic health has managed to attain bullish momentum with eyes on the upcoming jobs report this Friday and the better than expected numbers from ISM Services PMI at 61.9%. As a result, companies will be aiming to align their performances with how the economy is fairing and position themselves to benefit from the next wave of positive economic recovery. And, in light of this, nothing helps scale a firm’s performance better than providing employees with autonomy.
- Less Supervision And More Idea Creation: Firstly, employee autonomy directly translates to fewer resources allocated for supervision and gives your teams the freedom to create ideas. And while observing and monitoring their progress from time to time is still expected from management, autonomous employees move and perform better in dynamic environments that let their creativity shine. For example, you could assign senior managers toward more key decision-making roles because your employees are fully capable of quality assurance and meeting their deadlines without the need for immediate guidance.
- Enables Teams For Bigger Responsibilities: In addition to less supervision on the part of management, employee autonomy also prepares and enables teams for bigger responsibilities in the future. And because their performance and aptitude will speak for themselves, teams will be capable of handling specific decisions to their departments, freeing up more hands for core operations. Of course, don’t expect that your senior management will be running out of work anytime soon, but do expect that greater interconnectivity and communication from across all business processes.
- Promotes Resilience And Flexibility: Last but not least, employee autonomy promotes the resilience and flexibility of the business, meaning that it’s more secure and robust to withstand any untoward incidents and disasters. For example, if economic drags persist beyond 2022, the autonomy of your teams will allow them to move and adapt freely to any new demands of the market. Sure, there’s still no guarantee that you will come out unscathed, but there’s an increased likelihood of you standing back up faster.
Autonomy Leads To Employee Empowerment
Apart from the objective performance benefits gained through employee autonomy, it also leads to employee empowerment and making your teams feel more valued in the company as a whole. And while it might not seem like the biggest of changes that will turn a dire situation around, the motivation and inspiration it can bring into your organizational culture will be felt throughout the business and across all departments.
- Facilitates Long-Term Job Satisfaction: Tenure and general work-life balance are essential to motivating employees, and one of the best features of employee autonomy is its ability to boost long-term job satisfaction. You see, people enjoy the freedom of decision and movement by nature, and when you introduce the same capacity into the workplace, you also mimic the advantages. Yes, there will always be a time and place for strict rules and policies, but giving your employees a say in the bigger picture will reinforce trust.
- Creates Healthy Work Culture And Environment: Besides the benefit of long-term job satisfaction, employee autonomy also creates a healthy work culture and environment for your employees to thrive. As a result, the willingness of teams to learn new skills such as professional B2B support, expert grant writing training, and many others will reflect because everyone’s mindset is all about bringing each other up. And while lapses and conflicts of interest will exist at times, resolution and understanding will always triumph.
- Translates To Better Service And Delivery: Lastly, when employees feel empowered because of autonomy, the general well-being of your teams will also translate to better service and delivery for your customer base. And even though you aren’t directly investing in product or service development to innovate new features, the overall quality will still improve due to employee empowerment. Therefore, employee autonomy also features the capacity to indirectly enhance brand image, customer satisfaction, and audience engagement.
Discover The Strength In Numbers Through Employee Autonomy
In conclusion, employee autonomy is growing increasingly important, not because of a fad or trend, but because it can introduce interventions and solutions that are necessary in traversing the business world in the new normal. So, we strongly recommend that you make autonomy a goal in your business to understand the strength in numbers and solidarity better.