© 2013, mcbassi & company good company = great results laurie bassi
TRANSCRIPT
© 2013, McBassi & Company
Good Company = Great Results
Laurie Bassi
© 2013, McBassi & Company
Agenda
1. Hard-nosed evidence:
It pays to be “good”
2. Three things you must get right
3. Creating your:
TO DO list
TO STOP list
4. Gems of wisdom
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The Good Company Index™We have ranked 300 of the largest publicly traded firms as:
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“Good Companies”Outperform Their Competitors
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“Good Companies”Outperform Their Competitors
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Question
Our company’s primary strength is as a:
1. Employer2. Seller3. Steward
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Here’s how your EMPLOYEES would answer
My company’s primary strength is as a:
1. Employer 8%2. Seller 69%3. Steward 23%
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Boston Consulting Group/WFPMA, From Capability to Profitability: Realizing the Value of People Management (July 2012)
“People Companies” outperform the market average
8
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We’ve invested on these insights for 11+ years
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It is impossible to achieve
sustainable competitive without being a
“Good Employer”
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Three Things You Must Get Righton the “People Side” of Your Business
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The 3 Essentials Shared by All “Good Employers”
Inspiring
Committed Exacting
Good Employer
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Question
Our greatest strength as employer is that we are:
1. Inspiring2. Committed3. Exacting
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People work harder & more effectively
when their work affords them the opportunity to:
1. Learn
2. Help others
Inspiring
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Inspiring
© 2013, McBassi & Company
Inspiring
Source: Adam Grant, Wharton School, as discussed in New York Times Magazine, March 31, 2013.
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Inspiring
Source: Adam Grant, Wharton School, as discussed in New York Times Magazine, March 31, 2013.
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Employees’ “discretionary effort” hinges on
Reciprocity
Committed
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Committed
Ultimate Software’s 2008-2009 “no layoff policy” has had a big payoff
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Committed
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Questions
Where have you had great success in?
• Truly engaging your employees
• Investments in your employees that have generated a significant ROI
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Rigorous understanding of the human drivers – and impediments to – how value gets created:
• Moving beyond HR’s conventional wisdom
• Demanding that HR become more strategic & fact-based
• A “smarter” employee survey is the place to start
Exacting
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Exacting: The People Index®
© 2013, McBassi & Company
Exacting: The People Index®
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The people side of your business is too important
to be left to be managed by
guesswork and conventional wisdom.
© 2013, McBassi & Company
What are the things you need ...?
TO DO to become a Good(er) Employer?
TO STOP?
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Summing Up
© 2013, McBassi & Company
Summing up
1. The people side of your business is too important to be to be managed by guesswork & conventional wisdom.
2. Learning is an economic elixir – invest in it.
3. Employees who know how their efforts help others are more productive.
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• Assess where you are – strengths/weaknesses
• Identify top areas of opportunity
• Take actions to improve in those areas
Getting concrete: next steps
© 2013, McBassi & Company
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