
If you own or run a business, would you like to experience strong revenue growth – growth that makes your enterprise highly coveted if you wanted to put it up for sale?
This is what Karen Oman realized with her Minnesota-based specialty job placement firm Certes Financial Pros. (Winning Workplaces named Oman a Best Boss in 2003.)
She details her people practices to create a productive workplace, which led to the two business outcomes I mentioned above, in the following post, which is cross-posted on Oman's site Time to Breathe. I thank her for agreeing to share her wisdom here. Enjoy:
Cracking the Work/Life Balance Code Once and For All!
I just discovered the Yerkes-Dodson Law which was written up in the 70’s in the Harvard Business Review. It says that with stress comes productivity...to a point. But with too much stress, productivity plummets. The resulting graph resembles an upside down U with stress on the x axis and productivity on the y axis. So, just as we know that our stress-free zombie-like state is not productive, our overstressed state is equally not productive. The secret is to back off the stress just enough to be at our peak in productivity.
So, if stress is coming on too strong, and we all know what that feels like, get out of there! Take a walk, call a friend, read something funny in the broom closet, take deep breaths, or if more serious, call it a day and do what you love. Don’t worry about the boss because, in the end, if you are the only one containing your stress appropriately, you will easily be the most productive person in the office.
I started my own company because after 15 years in corporate jobs, I couldn’t handle the stress any more. As CEO of my new company, I granted flex hours, only gave deadlines when absolutely necessary, minimized overtime, tried to be transparent by over communicating, and even bought five executive vacation homes around the country that our employees could use free-of-charge (now available to you too at www.certifiedleisureproperties.com).
We unexpectedly grew to $20 million in 13 years. When I decided to sell, 11 companies wanted to buy us because we obviously had a great culture, as well as off-the-charts productivity statistics. As any of my corporate peers will attest, I was just your normal average CPA with nothing to predict this sort of result. I just knew that if I didn’t stress employees and myself out, we would all have much better lives and I would succeed somehow. Now, with the Yerkes-Dodson Law, I understand why we succeeded so well...and so do you!
Related: Get more employee engagement strategies from this webinar that Oman co-presented for us.