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As the market fluctuates, tech companies are feeling the pinch. Our workforces are more affected by rounds of layoffs when we don’t meet revenue goals or when our funding round falls short of expectations.
These realities can shake up our already-overwhelmed teams. When things look uncertain, it’s even more important for managers to understand their teams and how they can continue to develop trust day by day.
In fact, research suggests that managers play a huge role in creating stability for their teams. According to a report from Oyster HR, 82% of employees feel that remote work and distributed teams have become more important during the pandemic, and 68% of employees said that the need for more supportive managers has increased.
That means remote managers play a special role in their company, helping their teams to feel secure, anchored, and filled with purpose—even in uncertain times. Managing remote teams well is a special skill, and it’s needed now more than ever.
In our recent event with Oyster HR and Firstbase, Oyster HR CEO Tony Jamous provided an incredible three-part framework for managers who want to evolve their management style to better support remote teams.
According to Jamous, remote leaders can work more effectively to:
“It's harder to build trust in remote environments, so you need to be intentional,” said Jamous. “We do it by creating the maximum amount of emotional safety for people to make mistakes.”
Emotional safety becomes even more important when your next round of funding is up in the air.
“The way you as a leader react to bad news determines, for instance, how the company is going to consider emotional safety and build trust,” Jamous added.
Below, we offer more strategies for building trust, evaluating performance, and helping your team collaborate effectively in a remote work environment—even when you’re not sure what will happen next.
Trust is a two-way currency between managers and their team members. When you’re leading a team, what you say has to match what you do—especially in uncertain times. Here’s how to cultivate that sense of trust every day:
In uncertain times, a manager's job is to get ahead of rumors and to answer questions transparently on as many levels as possible, from the team to the individual level. After all, you want your remote team members to stay, feel connected, and work with a certain amount of security and pride. Your support is the anchor they need to weather the storm.
As revenues shift, many tech companies are struggling to meet quotas. They might have set ambitious goals just as we entered into a period of inflation and a potential recession. Given the state of the market, it only makes sense that many teams are now missing their goals. It’s time to readjust.
As remote managers, it's important for us to drive realistic conversations about goal-setting and projections with leadership. Lower your quotas, introduce project-based goals, and align your quantitative and qualitative goals to the market. The best way to support your team is to make all of these goals more realistic to what the market can actually deliver.
If you don't make these adjustments, you risk adding to employee stress or creating a "doom loop." When employees try to meet goals that are consistently out of reach, they may internalize failure as a personal shortcoming, rather than evidence of larger, more systemic challenges.
As managers we also need to be aware of how our employees are feeling, and we need to be ready to address their frustrations around performance. If your strongest team members are consistently stressed, that's an indicator to re-evaluate your goals or what you're trying to measure.
Here are additional tactics for supporting your remote team members as they strive to hit company-wide goals:
We want each of our employees to have all the tools and rules they need to be successful in a remote work environment.
As work and life become more integrated, rules around communication and collaboration will help you create and maintain the work-life boundaries your team needs to be happy and successful.
After all, success is a holistic picture. When your employees are working 70 hours a week, constantly responding to Slack notifications, you have a recipe for burnout on your hands. Here are additional tips you can use to create a supportive environment through communication rules and tools:
Without boundaries on collaboration and connection, you risk burnout and overwork. Encouraging your team to unwind and take care of their mental, emotional, and physical health is crucial in moments like these. When everyone feels like they can walk away from their work stations at the end of the day? That's success.
So go ahead. Turn your notifications off. You deserve it.
It’s not easy to navigate your team through troubled waters. You’ll need all the empathy and emotional intelligence skills you have at your disposal. Plus, some really great tools for connecting and building trust with your team.
Welcome is employee event software that supports your entire employee lifecycle. Whether you want to amp up the number of all-hands meetings you’re holding as a company or give your employees more time and space to process big changes, Welcome is the platform to help you build transparency and create clarity around big-picture goals.
Find out how Welcome can support all the touchpoints in your employee lifecycle and book a demo today!
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