the trustworthy leader...2011/12/09 · with trustworthy leadership •more benefits are generated...
TRANSCRIPT
The
Trustworthy
Leader
Amy Lyman PhD
Friday, Dec 9 2011
Equity – Trust – Success
• Great Workplaces are better financial
performers than their peers
• Trustworthy Leaders are found within
great workplaces
• Perceptions of equitable sharing are
higher in great workplaces than in good
workplaces
Fortune "100 Best" vs Stock Market
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
"100 Best"Reset Annually
"100 Best"Buy and Hold
S & P 500 Russell 3000
11.06%
6.68%
3.83% 4.26%
©2010 Great Place to Work® Institute, Inc. All Rights Reserved
Annualized Returns 1998-2010
Annual Return 2004-2011 lists
43.7%
22.7%
12.6% 12.5%
4.5%
-35.0%
63.2%
23.1%
39.7%
11.3%
3.8%
17.8%
9.5%
-42.5%
58.4%
12.0%
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
Lower 100
What Trustworthy Leaders Do
Inclusion and Sharing
Trustworthy leaders create great workplaces in
part by being inclusive in their practices
towards all employees
Inclusion brings with it a commitment to sharing
– shared work, shared responsibility and
shared reward
Inclusive workplaces are better able to move
through uncertainty to take advantage of and
create opportunities in the marketplace
Evidence of Trustworthy Leadership –
Tenure
86.04
81.29 81.27
82.11 82.39
83.82 82.82
75.11
67.19 66.03 66.44
66.37 67.41 68.09
50.00
55.00
60.00
65.00
70.00
75.00
80.00
85.00
90.00
95.00
100.00
< 2 years 2-5 yrs 6-10 yrs 11-15 yrs 16-20 yrs > 20 yrs
©2009 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
100 Best Overall
Lower 100
Lower 100 Overall
Evidence of Trustworthy Leadership –
Race
79.81
82.13 83.42 82.94 81.59
78.91
81.47
65.40
70.44 68.48 69.87
66.26 64.10
67.42
55.00
60.00
65.00
70.00
75.00
80.00
85.00
90.00
95.00
100.00
AfrAm AsnPI Cauc HispLat NatAmAlsk Other
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
100 Best Overall
Lower 100
Lower 100 Overall
Evidence of Trustworthy Leadership –
Job Type
81.54%
78.01%
80.17%
84.53%
82.36%
86.26%
91.20%
83.44%
67.69%
62.31% 64.40%
74.27%
69.36%
74.88%
82.04%
70.71%
50.00%
55.00%
60.00%
65.00%
70.00%
75.00%
80.00%
85.00%
90.00%
95.00%
100.00%
HrlyClerical
Admin
HrlyProd'n
Services
Hrly Prof'l Tech Commissn/Sales Slried Prof'l Tech SlriedMgr Spvsr Slried Exec Snr
Mgr
100 Best
100 Best Overall
Lower 100
Lower 100 Overall
Promoting Inclusion
• Show your genuine belief in the value
of others
• Actively seek others’ ideas
• Share the benefits that are generated
Showing a Belief in the
Value of Others
40%
50%
60%
70%
80%
90%
100%
We're all in thistogether
Management shows asincere interest in me
as a person, not just anemployee.
Management involvespeople in decisions thataffect their jobs or work
environment.
We have special andunique benefits here.
84% 80%
73%
84%
69%
62%
55%
63%
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
Lower 100
Actively Seeking Others Ideas
40%
50%
60%
70%
80%
90%
100%
Management genuinely
seeks and responds to
suggestions and ideas.
Management involves
people in decisions that
affect their jobs or work
environment.
Managers avoid playing
favorites.
Management is
approachable, easy to talk
with.
78%
73%
69%
84%
61%
56% 54%
71%
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
Lower 100
Share the benefits
40%
50%
60%
70%
80%
90%
100%
I am treated as a fullmember here regardless
of my position.
Everyone has anopportunity to get
special recognition.
People here are paidfairly for the work they
do.
I feel I receive a fairshare of the profits made
by this organization.
85% 80%
77%
70% 72%
63% 62%
49%
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
Lower 100
In a culture of
shared benefits…
40%
50%
60%
70%
80%
90%
100%
Management is honest
and ethical in its business
practices.
Management delivers on
its promises.
I believe management
would lay people off only
as a last resort.
Promotions go to those
who best deserve them.
89%
79%
85%
72%
75%
61%
71%
55%
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
Lower 100
More people are engaged and
want to stay
40%
50%
60%
70%
80%
90%
100%
I feel I make adifference here.
I want to work here fora long time.
My work has specialmeaning: this is not
"just a job".
People look forward tocoming to work here.
86%
81% 83% 80%
78%
72% 74%
61%
©2011 Great Place to Work® Institute, Inc. All Rights Reserved
100 Best
Lower 100
With Trustworthy Leadership
• More benefits are generated
• More benefits are shared fairly
• Companies are more successful
– Financially
– As Employers
– As Community Members