the engagement formula
DESCRIPTION
This is about engagement formula given by Ross Reck,Phd . He gave a formula regarding the motivation for employees working in organisation and a quoted example of famous multinational company google.TRANSCRIPT
THE ENGAGEMENT FORMULA
PRESENTED BY: VIKAS SINHMAR
ENGAGEMENT FORMULA
THE ENGAGEMENT FORMULA IS GIVEN BY ROSS RECK.
ACCORDING TO THIS FORMULA YOU CAN’T MOTIVATE ANYONE, YOU CAN
ENGAGE THE MOTIVATION WHICH IS ALREADY PRESENT THERE.
IF A COMPANY IMPLEMENTS THIS ENGAGEMENT FORMULA -100 % OF ITS
EMPLOYEES WILL WORK AT THEIR FULL POTENTIAL.
PROCESS
CREATE A FULL ENGAGEMENT CULTURE THAT DEFINES THE ORGANIZATION &
DRIVE PERFORMANCE
HIRE QUALIFIED EMPLOYEES WHO MESH WITH THE CULTURE
LEADERS MUST LEAD ,NOT GIVE ORDERS
STEP1:CREATE A FULL ENGAGEMENT CULTURE THAT DEFINES THE ORG. & DRIVE
PERFORMANCE
A FULL ENGAGEMENT FORMULA HAS 4 BASIC ELEMENTS :
MINIMAL DISTRACTIONS
SINGLE STATUS
MISSION
CORE VALUES
STEP 2: HIRE QUALIFIED EMPLOYEES
HIRE QUALIFIED EMPLOYEES WHO MESH WITH THE CULTURE OF ORGANIZATION.
COMPANIES WITH HIGH LEVEL OF EMPLOYEE ENGAGEMENT USE THEIR CULTURE
AS THE PRIMARY CRITERIA FOR HIRING NEW EMPLOYEES.
STEP 3: LEADERS MUST LEAD, NOT GIVE ORDERS
THE EMPLOYEES ALREADY KNOW WHAT TO DO & HOW TO DO FROM THE
ORGANIZATION’S MISSION AND CORE VALUES.
SUPPORT THE EMPLOYEES
SOME MAJOR CHANGES WILL BEGIN ALMOST IMMEDIATELY, IF ONE IMPLEMENTS
THE ENGAGEMENT FORMULA IN THE ORGANIZATION.
THIS ENGAGEMENT FORMULA RESULTS IN:
GREATLY REDUCED TURNOVER
REDUCED ABSENTEEISM
REDUCED THEFT
REDUCED ACCIDENTS
GOOGLE CASE STUDY
• GOOGLE IS A VERY SUCCESSFUL INFORMATION TECHNOLOGY/WEB SEARCH
COMPANY.
• MORE THAN 21,000 EMPLOYEES WORKING IN 77 OFFICES LOCATED IN 43
COUNTRIES .
• IT WAS FOUNDED IN 1998 BY LARRY PAGE AND SERGEY BRIN.
• IN 2010,GOOGLE’S REVENUE EXCEEDED $29 BILLION.
• GOOGLE RECEIVES WELL OVER 1 MILLION JOB APPLICATIONS EACH YEAR AND
HIRES ONLY 0.05 % OF THEM.
ENGAGEMENT FORMULA AT GOOGLE
• EMPLOYEES’ PHYSIOLOGICAL AND SAFETY NEEDS ARE VERY WELL SATISFIED AT
GOOGLE.
• GOOGLE PROVIDE A STANDARD PACKAGE OF FRINGE BENEFITS, BUT ON TOP OF
THAT ARE FIRST CLASS DINING FACILITIES, GYMS, LAUNDRY ROOMS, MASSAGE
ROOMS, HAIRCUTS, CAR WASHES, DRY CLEANING ,COMMUTING BUSES- JUST
ABOUT ANYTHING A HARDWORKING EMPLOYEE MIGHT WANT.
ENGAGEMENT CULTURE-MINIMAL DISTRACTION
• ACCORDING TO THE COMPANY WEBSITE, THE BENEFITS AT GOOGLE INCLUDES:
HEALTH AND WELLNESS
RETIREMENT AND SAVINGS
TIME AWAY
BENEFITS…BEYOND THE BASICS
BENEFITS…WAY BEYOND THE BASICS
• GOOGLE PROVIDE ITS EMPLOYED WITH A VERY PLEASANT WORK ENVIRONMENT
THAT IS CONDUCIVE TO SHARING IDEAS AND OPINIONS.
• HERE ARE A FEW THINGS ONE MIGHT SEE IN A GOOGLE WORKSPACE:
LOCAL EXPRESSIONS OF EACH LOCATIONS
BICYCLES OR SCOOTERS FOR EFFICIENT TRAVEL BETWEEN MEETING; DOGS, LAVA
LAMPS , MASSAGE CHAIRS
GOOGLERS SHARING CUBES, YURTS AND HUDDLE ROOMS AND VERY FEW SOLO
OFFICES
LAPTOPS EVERYWHERE-MOBILE CODING, EMAIL ON THE GO AND NOTE-TAKING
FOOSBALL, POOL TABLES, VOLLEYBALL COURTS, VIDEO GAMES, PIANOS , PING
PONG TABLES AND GYMS THAT OFFER YOGA AND DANCE CLASSES.
GRASSROOTS EMPLOYEES GROUPS FOR ALL INTERESTS LIKE MEDITATION, FILM,
WINE TASTING AND SALSA DANCING.
HEALTHY LUNCHES AND DINNERS FOR ALL THE STAFF AT A VARIETY OF CAFES.
BREAK ROOMS PACKED WITH A VARIETY OF SNACKS AND DRINKS TO KEEP
GOOGLERS GOING.
SINGLE STATUS
• EVERYONE TREATED AS EQUAL.
• GOOGLERS ARE A SPECIAL PEOPLE TO BE BOSSED BY NO ONE, ONLY A
COLLECTIVE WILL FOR GOOD.
• GOOGLE PROVIDES EMPLOYEES WITH A FREEDOM TO WORK ON THEIR OWN
TERMS AND DO THEIR JOBS AS THEY SEE IT.
• NO ONE HAS POWER TO VETO WHICH IS WHY GOOGLE IS COMMITTED TO ITS
CULTURE OF OPENNESS, FLATNESS AND TRANSPARENCY.
MISSION-THIS IS WHAT WE DO
• GOOGLE’S MISSION IS TO ORGANIZE THE WORLD’S INFORMATION AND MAKE IT
UNIVERSALLY ACCESSIBLE AND USEFUL.
• GOOGLE BECAME SUCCESSFUL PRECISELY BECAUSE THEY ARE BETTER AND
FASTER AT FINDING THE RIGHT ANSWER THAN OTHER SEARCH ENGINES AT THE
TIME.
• SEARCH IS A PROBLEM THAT WILL NEVER BE SOLVED, GOOGLERS CONTINUE TO
PUSH THE LIMITS OF EXISTING TECHNOLOGY TO PROVIDE A FAST, ACCURATE
AND EASY TO USE SERVICE.
CORE VALUES-THIS IS HOW THEY DO IT
• GOOGLE PHILOSOPHY-TEN CORE PRINCIPLES :
FOCUS ON THE USER AND ALL ELSE WILL FOLLOW.
IT’S BEST TO DO ONE THING REALLY, REALLY WELL.
FASTER IS BETTER THAN SLOW.
DEMOCRACY ON THE WEB WORKS.
YOU DON’T NEED TO BE AT YOUR DESK TO NEED ANSWER
YOU CAN MAKE MONEY WITHOUT DOING EVIL.
THERE’S ALWAYS MORE INFORMATION OUT THERE.
THE NEED FOR INFORMATION CROSSES ALL BORDERS.
YOU CAN BE SERIOUS WITHOUT A SUIT.
GREAT JUST ISN’T GOOD ENOUGH.
HIRE ONLY QUALIFIED PEOPLE WHO MESH WITH THE CULTURE
• GOOGLE IS VERY SPECIFIC ABOUT WHO IS GOING TO SUCCEED IN THE COMPANY.
• GOOGLE SPENDS A LOT OF TIME ON EVALUATING TECHNICAL QUALIFICATIONS
AS WELL AS PASSION AND COMMITMENT.
• GOOGLE HAS THIS CULTURE WHERE QUIRKINESS IS ENCOURAGED BUT THEY
DON’T LIKE BAD ACTORS, THE PEOPLE WHO ARE CREEPY.
• HIRING PROCESS OF GOOGLE IS VERY TIME TAKING
• TOP 10 REASONS TO WORK AT GOOGLE :
LEND A HELPING HAND
LIFE IS BEAUTIFUL
APPRECIATION
WORK AND PLAY ARE NOT MUTUALLY EXCLUSIVE
WE LOVE OUR EMPLOYEES AND WE WANT THEM TO KNOW IT
INNOVATION IS OUR BLOODLINE
GOOD COMPANY EVERYWHERE YOU LOOK
UNITING THE WORLD
BOLDLY GO WHERE NO ONE HAS GONE BEFORE
THERE IS SUCH A THING AS FREE LUNCH AFTER ALL.
LEADERS MUST LEAD, NOT GIVE ORDERS
• PEOPLE ARE DOING WHAT THEY THINK BEST.
• TO KEEP THE SPIRIT OF INNOVATION THE COMPANY WAS FOUNDED ON ,
GOOGLE EMPLOYEES ARE MOSTLY ACCOUNTABLE TO THEMSELVES.
• GOOGLE EXECUTIVES ENCOURAGE EMPLOYEES AND MANAGERS TO WORK
DIRECTLY WITH EACH OTHER INSTEAD OF THROUGH MORE FORMAL CHANNELS.
• THE BOTTOM LINE IS THAT LEADERS TRULY FUNCTION AS LEADERS, THEY
DON’T GIVE ORDERS.
THANK YOU