For Startups, what exactly do we owe our employees and to what extent?

In this episode of the Startup Therapy Podcast, Wil Schroter & Elliot Schneier redefines the unwritten social contract between employers and employees, the problems that arise when issues remain unheard, and how transparency has changed the leadership approach of Startups. 

Listen in to hear why transparent leadership builds valuable trust!

Episode Resources:

• Send us your questions - Therapy@Startups.com
• Email coaching@startups.com for Startups Coaching sessions 

What To Listen For:

• [00:01:14] There's a lot that employees rightfully feel they are owed.
• [00:03:03] Some employee journeys are their first journey and founders should at least explain to them what they don't know.   
• [00:07:00] Most major problems are always mapped back to someone who wasn't heard. 
• [00:10:23] It's easier to just tell people what to do when a problem arises, but taking time to listen to employees builds so much trust both ways.
• [00:13:05] The paranoia about the concept of communicating in a transparent way. 
• [00:17:43] Transparency and honesty can be an adequate form of compensation.
• [00:19:07] Bringing the staff into conversations, makes them feel like teammates instead of cogs.
• [00:24:03] If you can't attach humility to your leadership, you really start to lose credibility.
• [00:27:47] Old school draconian type of work environment isn't getting you the top talents anymore.
• [00:31:43] Listening style of leadership is more natural than the learned-style approach.
• [00:35:02] Now, people feel comfortable enough to converse organizationally with leaders.  
• [00:37:33] "Do it because I said so," is a very weak argument. 
• [00:38:42] That social contract that we owe has created more human relationships, a metric of happiness.  
• [00:40:49] The more opportunity to have less problems amongst everyone, it's easier to lead a company.

[00:43:30] Don't hesitate to reach out to us at coaching@startups.com.