The Double Win

Modeling Gratitude for Results | Chester Elton

Nov 22, 2022

Chester Elton, a New York Times bestselling author and leadership consultant, shares insights into the transformative power of gratitude in the workplace. He debunks myths that gratitude is just a soft skill, asserting its vital role in enhancing productivity and morale. The conversation highlights practical strategies leaders can adopt to model gratitude, address entitlement, and create a positive culture. Elton emphasizes that genuine appreciation leads to higher employee engagement, loyalty, and a more fulfilling workplace experience.

57:00

Creator website

Episode guests

Chester Elton

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Gratitude is not a soft skill; it significantly enhances employee morale, productivity, and organizational profitability when effectively modeled by leaders.

The gap between how leaders perceive their gratitude expression and how employees experience it adversely affects employee engagement and retention.

Implementing structured gratitude practices, like public recognition and regular appreciation efforts, helps cultivate a supportive workplace culture that fosters teamwork.

Deep dives

Understanding the Gratitude Gap

Many leaders underestimate the importance of gratitude, viewing it as a secondary aspect of leadership. Research shows that while 70% of leaders believe they effectively express gratitude, only 23% of employees agree, creating a significant gap. This disparity indicates a lack of recognition in workplaces, which can negatively impact employee engagement and productivity. Understanding this gap is vital because closing it can lead to increased financial performance, happier employees, and better organizational outcomes.

Intro

4min

The Power of Gratitude in Leadership

10min

Cultivating a Culture of Gratitude in Leadership

14min

Cultivating Gratitude in Leadership

12min

The Ineffectiveness of Fear and Money in Motivating Employees

2min

Cultivating Gratitude for Team Engagement

9min

Closing the Gratitude Gap: Enhancing Business and Life

3min

Some people will look at the title of this episode and immediately think, "Gratitude is a 'soft skill' that has nothing to do with the productivity and profitability of my business." Those people are very, very wrong. Don't be like those people.

The reality is that showing and modeling gratitude within your organization can have a tremendous impact: Employees feel valued, morale and retention are high, and productivity soars. In this episode, Megan Hyatt Miller and Courtney Baker talk about five ways that business leaders can model gratitude within their organization.

Then, Joel Miller speaks with author and leadership consultant Chester Elton about the data that supports practicing gratitude at work. He explores myths surrounding gratitude and walks you through some practices that leaders can implement today.

For more on Chester Elton, visit https://chesterelton.com/.

For more on the book Leading with Gratitude, visit https://a.co/d/djOlXAe

For more podcasts, visit www.businessaccelerator.com/podcast.

The Business Accelerator podcast is a reflection of the values and processes inside the BusinessAccelerator coaching program. If you want a free Business Growth Coaching Call, visit www.businessaccelerator.com/coach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.