Monday, 11 June 2018

Business of Emotion

"That's business" or "it's just business"... how often do we hear that said in relation to some cold-blooded company decision someone has made?

Maybe a thousand people have just been laid off somewhere, or a supplier has just been replaced for a competitor. We almost unquestioningly accept that there is no room for emotion in business - yet emotion always finds a way in; now neuroscience is showing that emotion plays a bigger role in business than most of us care to admit.

Emotional Engagement

Take that "Death by PowerPoint" presentation you just sat through. All the facts were there and it was decently presented but won't you have forgotten it in an hour? Why? Because you were not emotionally engaged. You didn't feel anything - no excitement, no joy, no displeasure, no connection.

We are first and foremost human and our role as employees comes a distant second. The way our brains work means that, without this emotional connection, information tends not to be retained so easily.

Why do we remember where we were when Princess Diana died or when those planes went into the World Trade Centre? Both experiences were not only played over and over in the media and in our minds, but they were intensely emotional experiences for most.

Of course, 'rational' is fine sometimes, but if we want to create workplaces that encourage better performance then we must nurture the emotional side that is ever-present. Over-reliance on striving for the 'rational' makes Jack a dull boy...

Unengaged Employees

Part of the challenge of leadership in these Gen-Y times is to create workplaces that are engaging. This takes us beyond traditional MBA management thinking where the workplace is purely one of rational decision-making and a "that's business" mindset.

Unengaged workplaces are where job satisfaction low, staff turnover is high, level of commitment to the company is non-existent, performance levels are no better than ordinary - does this sound familiar?

Turning this around is no easy feat - but the answer lies at the emotional level rather than in some aspired-for business paradise where everything is logical and rational and everyone makes decisions for the best. Needless to say, that doesn't really exist.

Progressive companies like Google know this, and are already building working environments that allow for more innovative thinking, freedom of expression, connections with the company vision, and a feeling of contribution.

When people feel commitment and enjoyment in what they are doing they do it better and this generally filters through to customers.

The Emotion of Leadership

Leadership itself is heavily guided by emotional forces. Neuroscience has shown that the brain has two main systems - a primitive, limbic system that supports emotion, behavior, and long-term memory; and a 'higher thinking' system that is responsible for deeper thinking and 'rational' decision-making.

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