Your employees aren’t quite up to snuff, but how do you know whether to keep training them or fire and re-hire? Are they truly good employees?
This short video will show you how to make the cut. Please watch and comment.
Action Steps:
- Start by making a list of your “Top 3” employees. If you can’t think of any who currently work for you, think of people from the past whom you really loved.
- Then, list the three traits that made these people good employees.
- Next, look for traits these employees have in common.
- Compare those three shared traits to every single employee you have working for you right now.
- If an employee matches those traits, keep working with them. If they don’t fit those traits, they’re an “LVE,” a Less Valuable Employee. You may want to look at replacing them with someone who fits the company better.
Principles to Learn:
- The “MVE,” or Most Valuable Employee, is the person who brings the most to your business and your bottom line, regardless of what position they occupy.
- No matter what position they’re in, MVEs are good employees who can bring the most to the bottom line because they fit the business.
- Traits are more important than skills. While you can develop skills, it’s difficult or impossible to develop traits in other people, including employees.