Dissatisfaction and disillusionment can affect even the most outwardly successful business leaders and managers. If your work mojo dries up when you’re at the top of a company, it can be damaging for your physical and mental health, your personal life, your team and the long-term viability of your business.
Yet, lethargy and exhaustion are surprisingly common problems. Our recent research found that over 14% of Britain’s directors, executives and senior managers (aged 40+) reported they very often felt’stuck in a rut for quite a period of time, with a further 10%+ who persistently felt very demotivated? (12%), low energy? (11%), unfulfilled? (13%); and/or trapped here? (13%).
SMEs are generally ‘happier’ places to work
The good news is that people working in small businesses are far more fulfilled and consistently happier than in medium and large-sized businesses.
The bad news is that business owners are notably more likely to fall into a malaise, with nearly 30% saying they are very demotivated often or all the time.
As members of the sandwich generation, many proprietors and executives in the 40+ age bracket are squeezed on three fronts:
1. Running a business (with responsibility for a team)2. Caring for children 3. Having elderly parents who need increasing levels of care.
If you are the proprietor dealing with your own work misery, the stress can be significant. Furthermore, if you have a senior team member who is unhappy and demotivated at work, the ramifications will be felt by the entire team.
Poor leadership undermines morale
This will lead to employee disengagement and attrition. Worse than simply a lack of motivation it can put you on the downward spiral to serious mental health challenges.Here are some strategies that will help you bust the work rut:
What to do to if you have a key manager who’s stuck in a rut
Rather than focusing on short-term quick boosts, longer-term initiatives that work to keep senior managers engaged, pay huge dividends.
Motivation and engagement should be underpinned by continued support in order to achieve maximum wellbeing just as physical wellbeing and fitness are only achieved through regular and consistent engagement in exercise.
Creating the right culture is the starting point: openness and vulnerability from the top down are vital.
Many managers who have moved up the ranks are unwilling to let their bosses see weakness, fearing it may be the end of their careers.
By giving your managers room to express their concerns you will be able to address them head-on.
Enlightened firms like insurance giant Aviva, for instance, offers mid-life MOTs to all workers aged 45+ with three key aims: Review wealth, work and wellbeing at the mid-point in their lives; Reposition towards a longer working life, and Retain the talent held by this growing population.
Overcome the ‘fear factor’
Bill Gates famously said, everyone needs a coach? we all need people that give us feedback, that’s how we improve.
Coaching/mentoring for every member of the team provides critical support, often simply listening to the individual’s personal as well as professional concerns and flagging up issues before they become problems.
Kedge started her career working for the UK's first public affairs consultancy and researching for an MEP in the mid ?80s. Realising that that environment didn?t really correlate with her values, combined with a burgeoning entrepreneurial spirit, she decided to leave the UK just as the late ?80s recession hit to set up a launderette and dry cleaning business in newly liberated Poland.
Returning to the UK in the late ?90s and driven by a desire to ?make a difference?, she transferred to the not-for-profit world, leading WellChild the UK's leading charity for sick children and Sentebale Prince Harry's charity for African orphans.
Kedge co-founded Longbow (providing leadership and succession planning for family offices) in 2016 and Youngbow, supporting children and young adults both in education and their early careers in 2017. Rutbusters came about to meet the need of her fellow quinquagenarians, the sandwich generation and older baby boomers who want to make the most of the fact that we are living longer and need to find engaging work and other activities in our fifth, sixth and seventh decade and beyond.