
For many business owners, the ultimate goal is to sell or transfer their business, often to fund their retirement. A common question arises: “How …
Maximizing Your Business’s Value Before Selling: Key Strategies
Maximizing your business’s value before selling requires intentional and consistent efforts. Addressing the factors that influence value can significantly enhance your business’s attractiveness to buyers. Starting the planning process at least three to five years before the desired exit date can ensure the best possible outcome.

For many business owners, the ultimate goal is to sell or transfer their business, often to fund their retirement. A common question arises: “How …
Maximizing Your Business’s Value Before Selling: Key Strategies
The amount of small businesses starting each year is around 400,000 worldwide. Unfortunately most of them fail to launch successfully and the majority close up shop after just a few years. It is not easy for everyone to be an entrepreneur, small business owner, or startup founder. Not everyone is built for it or has the desire, but those with the entrepreneurial spirit have a lot of business options available.

Sick of working the 9-5 grind to help make someone else rich? Are you contemplating starting your own business? Do you want to be your own boss badly…
7 Ideas For Starting Your Own Company
A good leader leaves behind more than accomplishments; they leave a legacy of inspired individuals. Leadership is not a destination but a journey of continuous learning, growth, and service.

Leadership is an art, not merely a title. True leadership inspires action, creates harmony, and fosters growth. But what are the qualities that …
WHAT MAKES A GOOD LEADER?
If you encourage employee success, your business sees quite a few benefits. It helps your employees be more productive, do their jobs better, and more. You should see more and more benefits because of it, making it more than worth putting the time and effort into.

When you run a business, there’s a lot to manage, especially when you’re working toward success. One of the more important areas to focus on with …
3 Great Ways to Encourage Employee Success Long-Term
When managers show empathy in the workplace, they improve their effectiveness and increase trust and collaboration on their teams. Empathetic leadership is an asset to organizations because it increases performance and culture.

It’s critical for companies to hire and develop more effective managers and leaders capable of moving their organization forward during both good and challenging times. That requires looking beyond traditional strategies for management development and cultivating the skills most important for success.
One of those skills, perhaps unexpectedly, is empathy — a vital leadership competency.
Empathetic leadership means having the ability to understand the needs of others, and being aware of their feelings and thoughts. Unfortunately, it has long been a soft skill that’s overlooked as a performance indicator. Our research, however, has shown that today’s successful leaders must be more “person-focused” and able to work well with people from varying teams, departments, countries, cultures, and backgrounds.
To determine if empathy influences a manager’s job performance, we analyzed data from 6,731 mid- to upper-middle-level managers in 38 countries. The leaders in our study were rated on their level of empathy, as measured by our Benchmarks® 360-degree feedback assessment.
As noted in our white paper, we found that empathetic leadership is positively related to job performance, particularly among middle managers and above.
In other words, our research found that managers who practiced empathetic leadership toward direct reports were viewed as better performers by their bosses. The findings were consistent across the sample: those managers who were rated as empathetic by subordinates were also rated as high performing by their own boss.
The ability to be compassionate and connect with others is critical to our lives, both personally and professionally. Demonstrating empathy in the workplace — a key part of emotional intelligence and leadership effectiveness — also improves human interactions in general and can lead to more effective communication and positive outcomes, in both work and home settings.
Today’s leaders need the ability to address complex challenges in new and innovative ways, while showing sincere empathy and compassion. Partner with us to craft a customized learning journey for your organization using our research-based leadership topic modules.
Available topics include Collaboration & Teamwork, Communication, Conflict Resolution, Emotional Intelligence Training for Leaders, Psychological Safety, and more.
Empathy is the ability to perceive and relate to the thoughts, emotions, or experiences of others. Those with high levels of empathy are skilled at understanding a situation from another person’s perspective and lead with compassion.
Empathetic leadership in the context of the workplace simply means that people leaders are able to establish true connections with one another that enhance relationships and performance.
It’s important to remember the difference between sympathy and empathy, as the 2 are often confused.
Empathy in the workplace and empathetic leadership is often more productive and supportive.
Displaying empathetic leadership can take many shapes and forms. We recommend leaders take the following 4 steps to show greater empathy in the workplace and with their colleagues and direct reports.
Work burnout is a real problem today, and it comes at greater risk during times of intense stress and pressure. Many people are stressed, putting in more work hours than ever before and finding it difficult to separate work and home life.
Managers who are skilled at empathetic leadership are able to recognize signs of overwork in others before burnout becomes an issue that results in disengagement or turnover. This might mean taking a few extra minutes each week to check in with team members and gauge how they’re handling their current workload and helping them to recover from overwork.
Part of leading with empathy involves working to understand the unique needs and goals of each team member and how to best match work assignments to contribute to both performance and employee satisfaction. Team members who see that their manager recognizes them in this way are more engaged and willing to go the extra mile. Showing kindness in the workplace can boost performance and culture.
Lines between work and personal life are becoming increasingly blurred. Empathetic leaders understand that their team members are dynamic individuals who are shouldering personal problems while having to maintain their professional responsibilities. They recognize that it’s part of their role to lead and support those team members when they need it most.
Keeping open lines of communication and encouraging transparency is a good way to foster psychological safety among the groupand help team members feel comfortable sharing when it’s necessary.
Real connections and friendships at work matter, and empathetic leadership is a tool that managers can use to establish bonds with those they’re privileged to lead. We’ve all been through personal loss, so even if we can’t relate to the specific loss our team member experiences, we can act empathetically and let them know they’re supported. This is key for compassionate leadership.
Some leaders naturally show more empathy at work than others and will have an advantage over their peers who have difficulty expressing empathy. Most leaders fall in the middle and are sometimes or somewhat empathetic.
Fortunately, it’s not a fixed trait. Empathetic leadership can be learned. If given enough time and support, leaders can develop and enhance their empathy skills through coaching, training, or developmental opportunities and initiatives.
Organizations and HR leaders can encourage a more empathetic workplace and help managers improve their empathy skills in a number of simple ways.

Let leaders know that empathy matters. Many managers consider task-oriented skills such as monitoring and planning to be more important in controlling the performance of their team members. But research shows that understanding, caring, and developing others is just as important, if not moreimportant, particularly in today’s workforce.
Explain that giving time and attention to others fosters empathy, which in turn enhances your performance and improves your perceived effectiveness.
To understand others and sense what they’re feeling, managers must be good listeners, skilled in active listening techniques, who let others know that they’re being heard and express understanding of concerns and problems.
When a manager is a good listener, people feel respected, and critical trust on the teamcan grow. To show the highest levels of empathy in the workplace, managers should focus on listening to hear the meaning behind what others are saying by paying attention to not only the words being said, but also the feelings and values being shown, through nonverbal cues such as tone, pace of speech, facial expressions, and gestures.
Managers should consistently put themselves in the other person’s place. For managers, this includes taking into account the personal lived experiences or perspectives of their employees. It also can be applied to solving problems, managing conflicts, or driving innovation. It’s very helpful to understand the role social identity plays for both yourself and others. In particular, empathy is an imperative for effective organizational diversity initiatives.
Support managers who care about how others feel, and consider the effects that business decisions have on employees, customers, and communities. Go beyond the standard-issue values statement and allow time for compassionate reflection and response. Remember, your employees care about social responsibility; your organization should too.
The ability of your middle managers to be empathetic leaders who can collaborate across boundaries is especially important for those working in global or cross-cultural organizations. Leading a multicultural team requires cultural intelligence and the ability to understand people who have very different perspectives and experiences.
And as the data we shared above shows, when managers hone their empathetic leadership skills, they improve their effectiveness and increase their chances of success in the job. Empathetic leaders are assets to organizations, in part because they are able to effectively build and maintain relationships and retain talent — a critical part of leading organizations anywhere in the world.
Model empathetic leadership and help your people develop greater empathy in the workplace with a customized learning journey for your leaders using our research-backed modules. Available leadership topicsinclude Boundary Spanning Leadership, Communication, Emotional Intelligence Training for Leaders, Listening to Understand, Psychological Safety & Trust, and more.

Bill Gentry, PhD
Former Director, Leadership Insights & Analytics and Senior Research Scientist
With some strategic planning and a bit of discipline, you can turn your travel aspirations into reality.

Dreaming of a getaway but feeling strapped for cash? Whether you’re yearning for a beach retreat, a cultural adventure, or simply a change of scenery…
Smart Ways to Build a Vacation Fund
CAGR, or Compound Annual Growth Rate, is a measure of the annual growth rate of an investment or business over a specific period.
It takes into account the compounding effect of growth over time, providing a more accurate representation of the overall growth rate.

Are you looking for a tool to measure your long-term financial growth? Look no further than the powerful CAGR calculator. CAGR, or Compound Annual …
The Power of CAGR: How to Use a CAGR Calculator for Long-Term Financial Growth
Effective communication is an essential skill for any leader, entrepreneur, or business owner. By developing strong communication skills, you can inspire, motivate, and direct your team towards success.

Mayor Keisha Lance-Bottoms, former Mayor of Atlanta, spoke with Ramon Ray, publisher of ZoneofGenius.com about how and why leaders must be great …
Why Leaders Must Be Great Communicators – Mayor Keisha Lance Bottoms
Failure isn’t a detour on the road to success, it’s a hidden shortcut.

In a world fixated on Instagram-worthy victories and LinkedIn-ready accomplishments, failure feels like a dirty word. It’s the boogeyman under the …
Embracing the Detours: How Failure Paves the Road to Success
Volunteers can use their skills and knowledge to address serious social problems like poverty, homelessness, education, and healthcare.

Volunteering has a profound effect on life. It goes beyond just giving back – it has the power to improve your life in ways you might not expect. …
The Transformative Power of Volunteering: How Giving Back Enriches Your Life