As an experienced entrepreneur and businessman who has spearheaded several highly successful ventures throughout his career, Misha Peleg knows that morale is valuable for any team in any industry. Peleg regularly speaks at business leadership seminars and is passionate about teaching other leaders how to nurture their employees. Here are a few of his tips on how to support your team in the long run:

Listen

They say two heads are better than one, and your employees hold a wealth of information as individuals. One of the easiest ways to support your team is to listen to their ideas, concerns, and suggestions. Especially encourage your team to ask questions— someone may raise a point no one else considered. One person’s question can enlighten the whole group or take the conversation in a whole new direction. When you make your employees feel heard, they will also feel valued.

Embrace Diversity

Everyone has a unique perspective, and your employees are no exception. A group with diverse backgrounds will bring a spectrum of opinions and points of view to the table. A worldly team is also a well-rounded team, and a well-rounded team is a good asset for any company. Solving problems and coming up with new ideas is easier when a team has a broad array of experiences and skills.

Be Receptive to Change

Some managers like to say things like, “That’s how we’ve always done it here.” This mindset is in conflict with innovation. If there is a faster or more effective way to do something, don’t let habit get in the way. According to Misha Peleg, to keep your business relevant and moving forward, you need to always try into new methods and technologies. Commend your team when they think outside the box and show their creativity. Software tools can make your team more productive and implementing automation can streamline your operations.

Take an Interest in Your Employees

Your employees have lives outside of work. Some people prefer to leave their personal lives at the door, but as working from home grows in popularity, our work-life and home-life are increasingly intertwined. Your employees have children, pets, hobbies, and interests. Don’t forget to ask your team about their family, or even something as simple as what books they’ve read lately. People often joke about water cooler small talk, but friendly conversations can strengthen your team’s bonds.

Facilitate Learning Opportunities

When you invest in improving your team, you help your business. Lunch & learns, informational sessions, videos, and seminars are great ways to help your team grow and learn new skills. Encourage your employees to share resources or tutorials they have found to be helpful so everyone can share knowledge.

Supporting your team helps employee retention, which is good for your business. When you nurture your employees, you will be rewarded with their enthusiasm and effort.

Misha Peleg is a serial entrepreneur and philanthropist. Having founded several highly successful companies since the early 1990s, he uses his business success to support a wide range of non-profit organizations throughout the world. You can follow him on Facebook, Twitter, LinkedIn, and Pinterest.