One of the crucial reasons behind project success is high project team motivation. As per Finextra.com, organizations with higher-than-average levels of employee engagement see 27% higher profits, 50% higher sales, 50% higher customer loyalty levels, and 38% above-average productivity.
I worked for a small but enterprising company about two decades ago. Our ambition was to become a leading software product development company. We organized a three-day corporate offsite workshop to discuss the company’s growth strategies.
We discussed and brainstormed various growth strategies during the workshop. All growth strategies pointed to one thing—engage the stakeholders and keep the employees motivated. Since most of our revenue came from executing projects, we decided to focus on inspiring and motivating project team members.
