6 steps to high performing teams

15
6 Steps to Create Engaged, High Performing Teams Make Your Business Better 1

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Page 1: 6 Steps to High Performing Teams

Make Your Business Better 1

6 Steps to Create

Engaged, High

Performing Teams

Page 2: 6 Steps to High Performing Teams

Make Your Business Better 2

Employees

Engaged31.5%

Not Engaged51.0%

Actively Dis-engaged17.5%

Gallup 2014

Page 3: 6 Steps to High Performing Teams

Make Your Business Better 3

Sample Co

Visionary

Integrator

Finance Marketing/ Sales

Operations

Page 4: 6 Steps to High Performing Teams

Make Your Business Better 4

Sample CoVisionary

Integrator

Finance Marketing/ Sales

Operations

Page 5: 6 Steps to High Performing Teams

Make Your Business Better 5

Cost of Turnover

Average Turnover

% of Annual Salary

75%

Lost time, training,

interviewing & advertising

$

20%

Sample Co

FTE

Total 20

20% 4

Avg Salary $25,000

Total $100,000

COST $75,000

Sample Co

FTE

Total 50

20% 10

Avg Salary $25,000

Total $250,000

COST $187,000

Page 6: 6 Steps to High Performing Teams

Make Your Business Better 6

Convey Company Mission

Set Min Require-ments & Expectati

on

Check Progress

Add/Remove Riders on the

bus: Wage or Culture Surveys

paying them right?

“Big Company”

benefits- get & keep your best people

Discretion -ary effort

Make More $ Via Your PeopleEngaged People

Work more for

FREE!

Page 7: 6 Steps to High Performing Teams

Make Your Business Better 7

Step 1 - Convey Your Mission Portable | Repeatable | Ideally Memorable

What are we here to do? How do we do it? Who do we serve? What value is created?

6 Steps

Page 8: 6 Steps to High Performing Teams

Make Your Business Better 8

Step 2 – Sit & Set Requirements Sit

1-1 time confirms supervisor cares about teammate

Set Role specific – manage to the individual level

6 Steps

Page 9: 6 Steps to High Performing Teams

Make Your Business Better 9

Step 3 – Check Your Progress Inspect what you expect What’s rewarded is repeated

6 Steps

Page 10: 6 Steps to High Performing Teams

Make Your Business Better 10

Step 4 – Wage Survey Are we paying right amount to keep? Are we paying right amount to attract?

6 Steps

Page 11: 6 Steps to High Performing Teams

Make Your Business Better 11

Step 5 – Provide ‘Big Company’ benefits PTO policy ( vacation, sick) Medical, Dental, Ect Savings/retirement

Very difficult to afford/justify when under 250EE

6 Steps

Page 12: 6 Steps to High Performing Teams

Make Your Business Better 12

Step 6 – Engaged People! Want to work more

For free! Attract other high quality Increases company margin

6 Steps

Page 13: 6 Steps to High Performing Teams

Make Your Business Better 13

Entrepreneurs Must Save AmericaThey're the key to jumpstarting job

creation and the U.S. economy

- Gallup, 2012

America = Small Business

Page 14: 6 Steps to High Performing Teams

Make Your Business Better 14

Early • Founder (+)• Friends, Family

Growth/Stability• Employ Friends,

Family & Strangers• Typical by comparison• Early stage teams

High Performance• 4x more revenue

Existence. Survival.. Doing Requirements

Success, Take-Off.Expected Minimums

to Attract EE’s

Best In Class!Optimal

Savings Plan, Flex

time, Medical, Payroll

ADP, Trinet, GMS, Paychex Insperity

Workforce Optimization (exclusive to Insperity)

1- Intentional Performance Improvement2- Liability Shift (Partner)

3- Medical (Pool vs Brokered)

Page 15: 6 Steps to High Performing Teams

Make Your Business Better 15

Host and Sponsor

Host- Paul Kilzer Serial Entrepreneur Advisor Author of Forthcoming

Book- Lead Your Business From the Beach 4 Strategies to Work 3 Days a Week, Make 3x More Money & Bless the World

Sponsor-