Falling orders, rising costs, uncertainty: all of this is currently challenging many companies. But in times of crisis, employees and their fears are often pushed aside. Sometimes companies even do this on purpose. This is paying off, say Markus Koblmüller and David Schellander from team echo.
The economic engine is stuttering: the reduced desire to consume, combined with higher costs, forces us to make savings; There is increasing talk of job losses and internal reductions in working hours. How does this affect the mood in companies? “The uncertainty is noticeable everywhere – you no longer know what will happen tomorrow,” says Markus Koblmüller, who, together with David Schellander, runs teamecho, a company that has developed a digital solution for employee feedback.
In all sectors, uncertainty in companies means that employees are increasingly willing to change, the duo notes. “A good company now has a greater chance of getting good people,” says Schellander. The mood testers from Linz recently even benefited from it themselves.
The founders of teamecho emphasize that knowing what employees think is extremely important in the current phase. “When you drive your car along a winding mountain road at night, you not only want to turn on your lights every kilometer, but you also want to constantly see where you are, what awaits you and how the route is developing,” Schellander explains. .
With the help of the Linz-based software, which tracks employees anonymously, companies receive data to better plan their internal course.
But: Many people apparently do not want to look any further at the moment and would rather accept that employees will reorient themselves, because in this way the difficult issue of staff reductions will partly be solved by itself. “That is a misconception, because exactly the wrong people leave – the best people leave first,” says Koblmüller.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
