7 benefits of self-worth for leaders
As business recovers from the pandemic and adapts to a changed world, there are tangible reasons to support your people to develop their self-worth. Below you can find seven benefits of how self-worth can help your people and organisation.
There are also some useful tips and information on this topic shared at the end of the article.
What are the benefits of self-worth?
1. TEAM GOALS
To ensure your company’s success you need people who are secure enough in themselves to contribute, to make decisions, to see things from multiple angles. Self- worth is what makes people focus not only on their own goals but on working and succeeding as a team. Make sure people you work with are engaged in their job not preoccupied with asking themselves “how am I coming across?”
2. ENERGY AND RESILIENCE
Self-worth also brings two benefits related to each other: energy and resilience. Both seem crucial in a world where so many people feel overwhelmed, exhausted etc. And they are precious as well as for individuals as for the whole teams.
Professionals appreciate leaders who develop their self-worth and self-belief. This approach stands in opposition to leadership based on self-focus. Today we can see, a lot of team cultures that are self-esteem-based, rather than self-worth-based. It means that some leaders get the needs of their own Ego met at the expense of their teams. As the result they often lose good employees, who are fed up with being patronised or micro-managed.
4. RELATIONS WITH CLIENTS
Service rating is not everything and clients appreciate these suppliers and advisers who are focused on their needs. If you would like your company to be valued and treated as a real partner not a servant then, focus on developing your self-worth.
Negotiations are a natural part of running a business and self-worth is essential in doing it well. Without self-worth, people have difficulty setting boundaries, saying No, managing scope and creating deals that are beneficial for both sides. They may capitulate too easily, or take things personally, rather than focusing on the negotiation’s goal and working out the win-win situations.
6. BUSINESS- DEVELOPMENT
Self-worth is essential in business development. This is not just about theoretical knowledge but about using your skills in practice. It takes self-worth to practice things like communication, presentation, adding insights, and focusing on value.
7. PROFESSIONAL IDENTITY
People you work with are probably rethinking their professional identity by analysing how their work fits into their lives. This is not just about what they do, but who they are in the workplace. Taking this into account they gravitate to leaders and organisations who develop their professional identity and help them grow.
Tips to lead with self-worth
Are you wondering about how can leaders develop a culture of self-worth at work that develops talent and business?
- Think about introducing the subject of energy. Many people feel swamped, fatigued or hurried at their workplace. Creating some good team habits to nurture energy can be a good starting point.
- Does your recruitment process include assessing a person’s self-worth? If not, you may end up hiring people that prove very expensive to manage; as the lack of self-worth will surface in many forms of decision-avoidance, need for validation / attention, overworking vs. setting boundaries etc. Include some discussion of self-worth at interview stage.
- What about professional identity? Do your staff development programs expressly reference to its development? If not, consider doing so.
- Think about self-worth when promoting people. If they get their self-esteem by wielding authority over others, or micro-managing, or slavishly complying with regulation, then their leadership style may cost you many good people.
- How do your team-members introduce themselves? You can also find webinars on a range of other business-development topics, using a self-worth approach.
- What else can you do? Discuss professional identity and self-worth in your team reviews. Consider setting up a culture of self-worth—with your team—where each person is valued even when they make mistakes, and where each person’s professional identity is developed.
If you’re looking for more information on the above, check The Self Worth Academy.
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