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5 Reasons Why Your Boss (or Business) Wants You to Take a Vacation

5 Reasons Why Your Boss (or Business) Wants You to Take a Vacation

Travelling has always been a huge passion of mine and I love the experience that travelling brings, as well as the cultural awareness, learning opportunities and adventure, but I also appreciate the break it provides and the chance to recharge the batteries.

The trouble is, more and more people are scrapping their holidays thanks to demanding workloads, when in fact, this is exactly the time you should be taking one.

According to a survey for jobs site Glassdoor by Harris Poll of more than 2,000 people, the average UK employee uses just three quarters (77%) of their total annual leave. The study found that in the past year just 50% of employees have used their full quota.

But if you are one of those people that think if you take a couple week’s break from your computer that the world will fall down, the only person you’re kidding is yourself. Stop playing the hero. To be blunt, you are not the center of the universe, the only person capable of operating an efficient business or pushing forward a project!

Whether you are a business owner or employee, your business or your work could actually benefit from you taking a holiday. Here are 5 reasons why.

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A holiday will reveal hidden weaknesses

Many fear that taking a holiday will result in something catastrophic happening within the business or perhaps projects being delayed because you haven’t checked your mails in two weeks. You don’t mean to sound egotistical (well I hope not) but you genuinely feel that you are the vital ingredient in the success, and without you, things will fall down.  Rather than this highlighting that you shouldn’t be taking a holiday right now, what this actually highlights is that there are weaknesses in your management and processes.

For example.

Perhaps you’re worried that the suppliers won’t deliver on time, as you’re not there to chase them, but this just highlights that you’re suppliers aren’t as trustworthy as they should be.

Or if you’re worried that staff won’t peruse the right activities in your absence, then maybe you haven’t been clear enough on the team’s objectives and priorities are.

Before you go on holiday, write down what is bothering you about taking holiday and then work out how to iron out that chink. If you can sort this out before you take off for a holiday, then this should hopefully improve the overall health of the business as you uncover some hidden weaknesses that you might have previously overlooked.

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A holiday will get the creative juices flowing

Taking a holiday will certainly boost creative insight. When do most of your light bulb moments happen? Usually when you are not thinking specifically on the problem, when you’re on the toilet, going for a country walk or just about to doze off? This is because you’ve allowed your brain some space to think creatively!

By taking a well deserved holiday (especially one that will allow for some relaxation, adrenalin filled fun or an eye opener to a new culture) will boost your creativity and you might just be able to learn something new to bring back to your business or work.

A holiday will teach you how to delegate

Delegation is a tricky art to master, even more so as a small business owner as you never really want to give up control of your baby. But without delegation, you’ll burn yourself out by trying to do everything, plus you’ll deny your staff the chance to fully learn the ropes.

Taking a holiday will force you to look at what you can (and cannot) delegate by analysing what you do, what are your priorities and your staff’s skill set.

To help with ‘letting go’ and delegating, a pain free way to help is to set up systems in order that your staff, employees or colleagues know what to do even when you’re not there. Have a set of SOPs (standard operating procedures) or FAQs (frequently asked questions) at hand for them to refer back to once you have delegated the task to them, in order that they can familiarize themselves with how to complete tasks.

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A holiday will give you a technology detox

The perils of working in front of a computer are becoming increasingly made aware of, and there is no denying that the technology era has also brought with it its demons – new health issues are emerging such as computer vision syndrome, “text neck” and self esteem issues over who of your “friends” is having a better time than you on Facebook.

The media are increasingly reporting that having a technology break is vital and some top CEOs swear by taking a technology detox once a week, banning the use of emails and mobiles for one day a week. The fact that the phrase “digital detox” has even made its way into the Oxford Dictionary online is proof that we need a break from technology some times.

A holiday will be the perfect place and time for a technology break – with expensive overseas calls and text costs plus your reliance on local WiFi, you’ll hopefully be able to ditch the digital and recharge your batteries!

A holiday will give you a chance to enjoy yourself

What is success to you? Is it to have a million pound business by 35 or become CEO in the next five years? Maybe, but what else constitutes to you seeing yourself as successful and happy? What do you consider “wealthy”?

Wealth shouldn’t just be seen on monetary terms but also quality of life, experience and happiness. After all, what is the point of having millions in the bank if you have no one or no time to share it?

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Taking a holiday will benefit you and in turn, your business and work, as recharging the batteries will result in a boost in motivation on your return back to the daily grind. It will also remind you why you slog it out in the office in the first place. Taking a week’s break to sample the delights of the wine regions in the south of France, or taking two weeks to learn how to scuba dive in Thailand will certainly add to your feeling of wealth and success!

 

Go on. Book that holiday now!

Featured photo credit: morguefile via morguefile.com

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Published on March 20, 2019

How to Write a Powerful Mission Statement for Your Business

How to Write a Powerful Mission Statement for Your Business

Have you ever felt lost in the minutia of your job?

As a business owner, I can relate to getting bogged down in the day to day operations of my business. Things like inventory, payroll, scheduling, purchasing and employee management take up the bulk of my day.

While these things are important and need to get done, focusing too much on the details can make you lose sight of the big picture. This is why having a good mission statement comes in handy.

What is a Mission Statement?

Put simply, a mission statement is an internal document that provides a clear purpose for the organization. It provides a common reference point for everyone in the organization to start from.

In other words, after reading your company’s mission statement, managers and employees should be able to answer the question “What are company’s main objectives?” For example, Southwest Airlines mission statement reads:[1]

“Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit. We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth.”

In this single statement, Southwest conveys the company’s goals of providing the highest level of customer service as well as providing a good working environment for their employees.

Mission Statement VS. Vision Statement

While the mission and vision statements are related, there are subtle but distinct differences the you should be aware of.

First of all, a mission statement is designed primarily as an internal company document. It provides clarity and direction for managers and employees.

While there’s nothing wrong with sharing your company’s mission statement with the outside world, its intended audience is within the company.

While a mission statement provides a general framework for the organization, the vision statement is usually a more inspirational statement designed to motivate employees and inspire customers. Going back to Southwest Airlines, their vision statement reads:[2]

“To become the world’s most loved, most flown, and most profitable airline.”

This statement inspires good feeling from the customer while motivating the employees to achieve that vision.

What Does a Good Mission Statement Look Like?

When coming up with a mission statement, it’s important to take your time and do it right. Too often, people (especially entrepreneurs) just write down the first thing that comes to mind and they end up with worthless or (worse yet) a generic mission statement that is utterly useless.

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Remember, a mission statement should provide a common framework for everyone in your organization.

When writing a mission statement, you should always try to incorporate the following;

  • What we do?
  • How we do it?
  • Whom do we do it for?
  • What value are we bringing?

Now, you can see how tempting it is to just come up with something generic that ticks off those four boxes. Something like “We provide the best widgets available online for the consumer.”

After all, that did check off all the boxes:

What we do? Provide widgets.

How we do it? Online.

Who do we do it for? The consumer.

What value we bring? The best widgets.

The problem with this mission statement is that it could apply to any number of companies producing the same widget. There is nothing to distinguish your company or its widgets from any of your competitors widgets.

Compare that mission statement to this one:

“We provide the highest quality widgets directly to the consumer at an affordable price backed up with a 100% satisfaction guarantee. If our clients aren’t 100% satisfied, we’ll make it right.”

What’s the difference?

Both mission statements answer all the same questions of what, how, whom and value. But in the second statement, they are differentiating their company from all other competitors by answering the question “what makes us unique”.

Another way to read that is, “Why you should buy from us.” In this example, it’s because our widgets are of the highest quality and we stand behind them 100%.

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You might have noticed the statement didn’t say that we sell widgets at the lowest possible price. That’s because we are emphasizing quality and satisfaction over price.

A different company’s mission statement may emphasize selling widgets at the lowest possible price with little to no mention of a guarantee.

Hallmarks of a Good Mission Statement

1. Keep It Brief

Your mission statement should be no longer than three sentences. This is not your company’s magnum opus.

You should be able to distill the what, how, who and why questions into a succinct message.

2. Have a Purpose

A company’s missions statement should include the reason it even exists.

Make clear exactly what the company does with statements like “We strive to provide our customers with …….”

3. Include a “How”

Take this as an opportunity to differentiate your company from its competitors.

How do you provide a product or service that’s different or better than how your competitor provides it?

4. Talk About the Value You Bring to the Table

This is where you can really set yourself apart from the competition. This is the “why” customers should buy from you.

Do you offer the lowest prices? Fastest delivery? Exceptional customer service? Whatever it is that sets you apart and gives your particular products, services or company an advantage talk about it in the mission statement.

5. Make Sure It’s Plausible

It’s okay to shoot for the stars just to settle for the moon, but not in a mission statement.

Being overly ambitious will only set you and your employees up for failure, hurt morale and make you lose credibility. You will also scare away potential investors if they think that you are not being realistic in your mission statement.

6. Make It Unique and Distinctive

Imagine if someone who knew nothing about your business walked in and saw how it was operating, then they read your mission statement. Would they be able to recognize that mission statement was attached to that business? If not re-work it.

7. Think Long Term

A mission statement should be narrow enough so that it provides a common framework for the existing business, but open enough to allow for longer term goals. It should be able to grow as the business grows.

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8. Get Feedback

This is very important, especially from managers and employees.

Getting their input can clarify how they currently see the company and their role within the organization. It’s also a good way to get people “on-board,” as studies show that people are more likely to go along with an idea if they feel included in the decision making process beforehand.

9. Review Often and Revise as Necessary

You should review the missions statement often for two reasons.

First, as a reminder of what the essence of the company is. It’s easy to forget when you are in the day to day grind of the business.

And two, to make sure that the mission statement is still relevant. Things change, and not everything can be anticipated at the time a mission statement was written.

For example, if a mission statement was written before the advent of the internet, a company that use to sell things door to door now probably has a website that people order from. You should always update the mission statement to reflect these changes.

The Value of Mission Statements: Why Go Through All of These in the First Place?

It may seem like a lot of work just for a few sentences that describe a company, but the value of a well written mission statement should not be discounted.

First of all, if you are an entrepreneur, crystallizing the what, how, whom and value questions will keep you focused on the core business and its values.

If you are a manager or other employee, knowing the company’s basic tenants will help inform your interactions with both customers and colleagues alike.

Strategic Planning

A relevant mission statement acts as a framework for strategic planning. It provides guidance and parameters for making strategic decisions for the future of the company.

Measuring Performance

By having the company’s mission in a concrete form, it also allows for an objective measurement of how well the organization is meeting its stated goals at any one time.

Management can identify strengths and weaknesses in the organization based on the criteria set forth in the mission statement and make decisions accordingly.

Solidifying the Company’s Goals and Values for Employees

Part of a well run organization is nurturing happy and productive employees.

As humans, we all have an innate need for both purpose and to be part of something larger than ourselves. Providing employees with a clearly defined mission statement helps to define their role in the larger organization. Thus, fulfilling both of these needs.

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Now I’m not saying that a mission statement can overcome low pay and poor working conditions, but with everything else being equal, it can contribute to a happier and more productive workforce.

To Hold Management Accountable

By creating a mission statement, a company is publicly stating its highest values and goals for the world to see. By doing so, you are inviting both the public and your employees to to scrutinize how well the company lives up to its ideals.

So if you state that you only provide the highest quality products, and then offer something less, it’s fair for both the public and the employees to question, and even call for a change in management.

If management doesn’t take the mission statement seriously, no one else will either; and the legitimate authority that management rely’s on will be diminished.

To Serve as an Example

This is the opposite side of the coin from the previous statement. If the highest levels of management are seen taking the mission statement seriously and actively managing within the framework of the statement, that attitude filters down throughout the organization.

After all, a good employee knows what’s important to their boss and will take the steps necessary to curry favor with them.

Finally, use the company’s mission statement as a way to define roles within the company. You can do this by giving each division in the company a copy of the mission statement and challenge the head of each division to create a mission statement for their respective departments.

Their individual mission statements should focus on how each department fits in and ultimately contributes to the success of the company’s overall mission statement. This serves as both a clarifying and a team building exercise for all parts of the organization.

Final Thoughts

Developing a mission statement is too often just an after-thought, especially for entrepreneurs. We tend to prioritize things that we perceive will give us the biggest “bang for our buck.”

Somehow, taking the time and effort to sit down and think seriously about the what, whom, how and value of our business seems like a waste of time. After all, we got in the business to make money and become successful, isn’t that all we need to know?

That mindset will probably get you started okay, but if you find yourself having any success at all, you’ll find that there really is such a thing as growing pains.

By putting in the time and effort to create a mission statement, you are laying the groundwork that will give you a path to follow in your growth. And isn’t building long term success what we are really after?

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Featured photo credit: Fab Lentz via unsplash.com

Reference

[1] Southwest Airlines: About Page
[2] Fit Small Business: 10 Vision Statement Examples To Spark Your Imagination

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