How Hierarchy is Hurting Your Business

How Hierarchy is Hurting Your Business


Part 2

What You Can Do About It

This is the second post of a two part series focusing on the effect of hierarchy on your business.  In Part 1 of this series we learned that the traditional top-down, hierarchical leadership model is no longer working in today’s digital age, and that hierarchies can stifle growth by forcing workers to be compliant rather than productive.

Here are a few simple steps you can take toward transforming your organization’s leadership from a hurting hierarchy to a moneymaking meritocracy:

Harness the power of participation. Get everyone involved in making decisions—yes, even the big ones. Empowered employees are more engaged and more productive.

Everyone’s ideas should matter. In a meritocracy, the winning idea is the one that works, whether it comes from your top exec or your seasonal intern.

Be humble. Allow your employees to tell you when you’re wrong. In fact, encourage them to. As a CEO, this may be one of the hardest things you’ll ever have to do, but to run a truly open, innovative business, it’s also one of the most necessary.

Moving from a hierarchy to a meritocracy requires a radical shift in mindset, which takes some time and effort to achieve and likely won’t happen within seconds of finishing this article. However, we’ll be covering this topic more in-depth in future weeks, so be sure to visit Throwing Words for the latest articles.

And when you’re ready to take the next step toward transforming your organization from the inside out, our executive coaching services can help ensure you make all the right moves. Contact us for a consultation.

Topics: Leadership, Workplace Productivity, Employee Engagement

 

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