December 15, 2023

EP 301: Why Appreciation is the Glue in Team Culture

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In our daily path to achieving our goals, we often overlook the power of appreciation in fueling company success. This simple, yet often underrated aspect of business can drastically change the dynamics of your company. As a business coach and entrepreneur, I have had the privilege of working with numerous CEOs and teams, gaining valuable insights into the pivotal role of appreciation in driving business growth.

In this podcast episode, we dive into the power of appreciation and company growth. Appreciation isn’t just about end-of-year reflections. It’s about ingraining this value into the very core of your company’s culture.

Why is Appreciation Important in Business?

When you make your team feel appreciated, you foster a sense of belonging that motivates them to put their best foot forward. They feel part of a bigger purpose and are more inclined to contribute meaningfully to the company’s growth. From my personal observations and experiences, I’ve seen how CEOs and business owners who consistently show appreciation to their teams foster stronger connections, resulting in increased productivity and overall success.

Appreciation in Action

Appreciation isn’t just about words. It’s about action. It’s not something that should be limited to the end of the year. It should be a constant practice. Top-level leaders who value appreciation often engage in frequent check-ins with their teams, acknowledging their hard work and contributions. This not only builds a strong community within the business but also lays the foundation for sustainable company growth.

The Self-Coaching Angle

I also believe that appreciation is a reflection of one’s relationship with oneself. Business leaders who struggle to show appreciation to their team often have a strained relationship with themselves. By practicing self-appreciation, you strengthen the muscle that allows you to extend the same gratitude and recognition to others.

The Challenge: A Culture of Appreciation

So, here’s my challenge to you this week. Reflect on where you’ve shown appreciation in the past few days. Plan where you can express appreciation in the next few days. Shift your focus from what you’re not getting to appreciating others. It’s a game-changer, trust me.

And my appreciation today is to thank those who support my work, including those who have left reviews on my book, The Abundance Decision. Your words mean the world to me, and I am deeply grateful. Remember, creating a culture of appreciation isn’t just good for business; it’s good for everyone involved. So, go ahead and unleash the power of appreciation in your company today!

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Hey, I’m Malorie.

I coach seasoned entrepreneurs on performance, strategy and mindset. 

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