100 Culture and trust in technology-driven organizations
• Listen attentively.
• Provide open and honest feedback.
8.12.2 Reward and recognition
One of the most expeditious and effective ways to express appreciation is
often one of the most simplest and overlooked: saying “thank you.” Thank
you is appropriate and effective even when most of the duties performed
are viewed as a normal part of the job. Hearing “thank you” represents a
spontaneous and timely yet effective means of expressing gratitude in a
way that can mean a lot to anyone. Expressing gratitude should be done
often and with sincerity, and can be done privately or publicly in front
of co-workers. When expressing gratitude ensure you mention the task,
project, or behavior you are recognizing. There are various ways to recog-
nize groups, such as picnics, luncheons, breakfast celebrations, plaques,
certicates, and nancial incentives. A good reward and recognition
program can be the catalyst to helping employees recognize how much
their contribution to the success of the organization is valued and appreci-
ated. Employees who feel valued are more open to supporting and trust-
ing management and the organization.
8.12.3 Succession planning
The succession planning process is an important process to ensure that
an organization retains the talent and skilled workers need to carry on
the business of the organization. A leader’s ability to plan strategically
is another measuring stick that can be used to determine if a leader is
to be viewed as being competent. Succession planning refers to the pro-
cess or strategy used to identify and develop potential successors for key
positions within a company. Key positions may include leadership posi-
tions or highly skilled technical positions that are difcult to replace.
Oftentimes key positions may require specialized training, license,
or experience level that is difcult to replicate. An important aspect of
succession planning is to create a suitable match between the compa-
ny’s future needs and the desired career path of individual employees.
Awell-developed succession planning process can serve as a means to
increase the retention of high-performing workers because through suc-
cession planning the value of the worker is being demonstrated by the
company’s investment in employee development. This is another process
that can serve to reduce motivation and productivity as well as decrease
trust in management and the organization if not properly carried out.
Therefore, it is incumbent upon managers to approach this process care-
fully andcommunicate appropriately. This is yet another opportunityfor