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In the stresses of a poor economy, a simple “Thank You” can go a long ways!

December 4, 2008 1 comment

Management Action Programs Inc. (MAP) had a quarterly CEO Survey (conducted by Vantage Research) that had some intriguing results. You can view the entire write up here, but here is a compelling quote:

“This latest MAP survey shows that the number-one business practice — ‘open communication between management and employees’ — was mentioned nearly twice as frequently as ‘receiving raises,’” says Allan Hauptfeld, principal of Vantage Research & Consulting (info@vantage-research.com) of Valencia, Calif. “Clearly, a work environment where employees are recognized as part of the team is more valuable than simply receiving a paycheck.”

To all those managers out there let me repeat, “a work environment where employees are recognized as part of the team is more valuable than simply receiving a paycheck.”

Especially in tough times, it is important to recognize your staff, and for that matter, probably not a bad idea to let your customers, vendors and even your own bosses know that you appreciate them as well.

This is exactly what Vipe can help you do, and for any of you who are interested in learning more. Let me know.