In 2016, Securex organised a study among employees and employers. The most important thing we remembered from this is that the opinion of Belgian employees was diametrically opposed to that of Belgian employers and managers. A few important figures:
Based on this result, one would expect better figures. However, a study by Halleluja in 2021 showed the opposite. It showed that 51.1% of employees are not convinced of the leadership qualities of their manager. A stark contrast to the 62% of employers who are convinced that people share their vision.
The two main reasons for this result from the employees are as follows:
The above figures clearly show that executives overestimate themselves. We looked for and found an explanation: the Lake Wobegon Effect or "the human tendency to overestimate one's own performance and capabilities in relation to those of others". The effect takes its name from the fictional town of "Lake Wobegon", in the radio series "A Prairie Home Companion" where, according to Garrison Keillor, all children are above average.
Experiments and surveys of drivers, CEOs, stock market analysts, university students and state education officials, among others, have shown that most of them believe that they possess traits that are better or more desirable than the average.
The effect has been found repeatedly in many studies and is similar and may be related to intra-group bias and wishful thinking.
The study shows that managers can focus on three important points to boost employee satisfaction.
Furthermore, as a manager it is important to actively look for feedback so that you get a more realistic picture of your managerial capacities. A mentor can be a good sounding board for this.
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