As companies get bigger, it becomes more difficult to maintain a professionally fulfilling work environment for employees. But business expansion need not come at the expense of employee passion. As Whole Foods co-chief executive Walter Robb said, “I think our job as leaders, particularly as the company gets larger, is to make sure that holding vessel is vibrant and alive.”
How do CEOs do that? First, don’t shy away from handing responsibility over to subordinates. “When leaders give power away to others, they create space for those people to flourish,” Robb said.
Second, realise that management has a huge influence on company morale. “People pay much more attention to the perceived behaviour of their colleagues and of their boss than they do to management propaganda,” said Rupert Soames, CEO of energy supplier Aggreko.
For more on what other executives, including Hong Kong-based entrepreneur Allan Zeman had to say on this topic, see the full story. (Thinkstock)