Why is appreciation important when building a successful business?

In a world of advancing AI, the decline in human interaction has made it even more vital to acknowledge other people’s efforts.

Truthful, genuine appreciation is simple, yet highly effective, and is often underestimated by Senior leaders and employers.

In 2023 the ONS found that 60% of London-based workers worked from home, which although set to rise – is a considerable factor when communicating and prioritising appreciation and gratitude at work.

As we are not seeing people in the office, the opportunity for a quick but sincere 'well done' said across the desk can be lost.

It doesn’t have to be – instilling a culture of mutual respect and appreciation can be a company-wide value that exceeds both structural and technological boundaries.

It doesn't have to be the manager, recognition from a peer or colleague is also really valued. Appreciation is a simple ‘great work today’ between colleagues or ‘that was an awesome presentation’ mention to another department.

It can be a conversation, text or email. Team’s chat, note on the desk or quick chat while waiting for a coffee. Small, consistent pieces of appreciation can make a big impact.

For small and/or fundraising businesses, the impact is felt even more – where the culture of a business is in its infancy and still evolving with each day, hire, or investment.

One of the benefits of appreciation is also confidence.

Employees who feel valued and appreciate feel more confident in their role, which in turn also leads to a higher use of initiative and loyalty, with staff retention, enthusiasm and loyalty all set to increase as a result.

So how can appreciation be implemented (easily) at work?

The right culture starts with the right people.

Those that can recognise and communicate their appreciation in a clear and honest way, are those that become the most valuable leaders.

A small act of appreciation in a clear message, delivered efficiently is much more effective than an over-the-top, performative act.

Body language, tone of voice and choice of words are all parts of that of communication, and a relaxed, sincere approach shows the recipient that you’re genuine in your appreciation for their work.

Appreciation lands best when it’s clear, uncluttered, and genuine. The simpler, the better.

The more people that cultivate and perpetuate this behaviour, the more your business will establish a culture that helps it grow and evolve.

Finding the kind of people that can help your business grow – through a mix of their experience, skillset and values – is tough, but if you’re looking to hire, you’ve come to the right place.

Get in touch with us for a free consultation on how Trace can help.