- Translation: Lack of Leadership Credibility. Research tells us that strained relationships cause 60-80% of organizational challenges and up to 30%-40% of a leader's time is then sucked into the vortex of trying to navigate through all these challenges. It translates into negative energy and a waste of valuable time. Leaders who refuse to understand this succumb the entire company to existing day-to-day in a cesspool of drudge. Everything becomes more laborious to do, mutual problem-solving is at a low level, decisions slow down, and more. In the end, the company has a damaged reputation (internally) and leadership loses respect. Morale is low. As a leader, it’s your job to create an environment in which everyone should come to work every single day and do what they do best. Learning how to lead people toward higher levels of accountability is a key to company renewal. Where should leaders, then, be strategically spending the bulk of their time?
- Missed Work. Taking time off is important for mental health, stability, and clearer thinking. But taking time off to recharge your mental batteries due to living in a culture that uses ‘selective accountability’ makes a huge difference—to the person taking the time off as well as to the company. It’s hard to measure this because people probably aren’t going to really tell you why they came in late on a given day or why they want a day off, but there are costs to the interruption of work (such as others having to work overtime to get something done, etc.).
- Lowered Quality. What you produce, whether a product or a service, is impacted when people aren’t held accountable to a certain process, procedures, systems, etc., around “how we do things.” As a result, your people can produce a dented deliverable vs. a polished one. One study reported that just 10% of a workplace conflict/frustration around a given project or function can cause that project or function to fail. When you don’t have an environment that fosters accountability, people can become frustrated due to a sense of favoritism, etc., which can lead to a ‘Whatever…’ attitude. How might you hold people accountable so that your quality increases from where it is today?
- Turnover. Want to reduce your turnover? Look at the degree to which you’re holding people accountable for achieving certain results. Key to remember here is that while it’s important to know “what” you want to accomplish (i.e., a particular goal, Individual Priority, etc.), it’s even more important to know “how” leaders lead people toward getting those results. Another important point to remember here is that your A-Players will be the first to go. Costs vary, but the turnover cost of one employee can range from 30%-150% of the employee’s salary. Is that something you’re willing to sacrifice?
Leading a business to higher levels of success is hard work. It’s hard enough to lose money, but it’s even more tragic when you start costing yourself money. There are a lot of reasons to cultivate team accountability, the most important of which is that it simply makes good business sense.