Leaders Need to Celebrate the Wins and Honor the Past

19 Sept 2024 · 6 min
5:34

Chad Silverstein argues that leaders should deliberately celebrate wins and honor company history to build trust, culture, and employee loyalty. He recommends maintaining a high ratio of positive feedback to negative (noting a 'six to one' rule), creating repeatable traditions (examples: 'March Madness' internal competitions and 'Penny Wars' fundraising), publicly telling veterans’ stories to connect newcomers to the past, and recognizing employees frequently (citing a Gallup finding that recognition within seven days matters). Failure to recognize employees can lead to disengagement or 'quiet quitting.'

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