1 / 110

Putting People (REALLY) First: The Excellence Dividend

Discover the power of prioritizing people in business to create a customer-centric workforce and drive innovation, growth, and profitability. Learn from leading experts and business leaders about the importance of employee satisfaction and community-mindedness.

newbern
Download Presentation

Putting People (REALLY) First: The Excellence Dividend

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. LONG Tom Peters/ The Excellence Dividend The 21 BFOs (Blinding Flashes of the Obvious) Putting People (REALLY) First IIL/Agile and Scrum 2018 07 June 2018 (This presentation/10+ years of presentation slides at tompeters.com; also see our annotated 23-part Monster-Master at excellencenow.com)

  2. “Business has to give people enriching, rewarding lives … or it’s simply not worth doing.”—Richard Branson (1/4,096) “BUSINESS WAS ORIGINATED TO PRODUCE HAPPINESS, NOT PILE UP MILLIONS”—B.C. FORBES, first issue of Forbes, September 1917 “On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy. Your main constituencies are your employees, your customers and your products.”—Jack Welch

  3. In Good Business, Mihaly Csikszentmihalyi (best known for his book Flow: The Psychology of Optimal Experience) argues persuasively that business has become the center of society. As such, an obligation to community is front and center. Business as societal bedrock, per Csikszentmihalyi, has the …“responsibility to increase the sum of human well-being.” Business is NOT “part of the community.” In terms of how adults collectively spend their waking hours: Business IS the community. And businesses and those in them should act accordingly. The [REALLY] good news: Community mindedness writ large is a great way (arguably the BEST way) to have spirited/committed/customer-centric work force— and, ultimately, increase (maximize?) innovation, growth and profitability

  4. BFO1: People [REALLY] First

  5. “PEOPLE BEFORE STRATEGY” —Lead article, Harvard Business Review. July-August 2015, by Ram Charan, Dominic Barton, and Dennis Carey

  6. “What employees experience, Customers will. The best marketing is happy, engaged employees.YOUR CUSTOMERS WILL NEVER BE ANY HAPPIER THAN YOUR EMPLOYEES.” —John DiJulius, The Customer Service Revolution “IF YOU WANT STAFF TO GIVE GREAT SERVICE, GIVE GREAT SERVICE TO STAFF.”—Ari Weinzweig, Zingerman’s (Bo Burlingham, Small Giants: Companies That Choose to Be Great Instead of Big)

  7. Profit Through Putting People First Business Book Club Nice Companies Finish First: Why Cutthroat Management Is Over—and Collaboration Is In, by Peter Shankman with Karen Kelly Uncontainable: How Passion, Commitment, and Conscious Capitalism Built a Business Where Everyone Thrives, by Kip Tindell, CEO Container Store Conscious Capitalism: Liberating the Heroic Spirit of Business, by John Mackey, CEO Whole Foods, and Raj Sisodia Firms of Endearment: How World-Class Companies Profit from Passion and Purpose, by Raj Sisodia, Jag Sheth, and David Wolfe The Good Jobs Strategy: How the Smartest Companies Invest in Employees to Lower Costs and Boost Profits, by Zeynep Ton, MIT Joy, Inc.: How We Built a Workplace People Love, by Richard Sheridan, CEO Menlo Innovations Employees First, Customers Second: Turning Conventional Management Upside Down, by Vineet Nayar, CEO, HCL Technologies Patients Come Second: Leading Change By Changing the Way You Lead by Paul Spiegelman & Britt Berrett The Customer Comes Second: Put Your People First and Watch ’Em Kick Butt, by Hal Rosenbluth, former CEO, Rosenbluth International It’s Your Ship: Management Techniques from the Best Damn Ship in the Navy, by Mike Abrashoff, former commander, USS Benfold Turn This Ship Around; How to Create Leadership at Every Level, by L. David Marquet, former commander, SSN Santa Fe Small Giants: Companies That Choose to Be Great Instead of Big, by Bo Burlingham Hidden Champions: Success Strategies of Unknown World Market Leaders, by Hermann Simon Retail Superstars: Inside the 25 Best Independent Stores in America, by George Whalin Joy at Work: A Revolutionary Approach to Fun on the Job, by Dennis Bakke, former CEO, AES Corporation The Dream Manager, by Matthew Kelly The Soft Edge: Where Great Companies Find Lasting Success, by Rich Karlgaard, publisher, Forbes Delivering Happiness: A Path to Profits, by Tony Hsieh, Zappos Camellia: A Very Different Company Fans, Not Customers: How to Create Growth Companies in a No Growth World, by Vernon Hill Like a Virgin: Secrets They Won’t Teach You at Business School, by Richard Branson

  8. EXCELLENT customer experience depends … entirely … onEXCELLENT employee experience! If you want to WOW your customers, FIRST you must WOW those who WOW the customers!

  9. BFO2: Hosting Employees (“Hostmanship”)

  10. “The path to a HOSTMANSHIPculture paradoxically does not go through the guest. In fact it wouldn’t be totally wrong to say that the guest has nothing to do with it. True hostmanship leaders focus on their employees. What drives exceptionalism is finding the right people and getting them to love their work and see it as a passion. ... The guest comes into the picture only when you are ready to ask, ‘Would you prefer to stay at a hotel where the staff love their work or where management has made customers its highest priority?’”“We went through the hotel and made a ... ‘CONSIDERATION RENOVATION.’ Instead of redoing bathrooms, dining rooms, and guest rooms, we gave employees new uniforms, bought flowers and fruit, and changed colors.Our focus was totally on the staff.They were the ones we wanted to make happy.We wanted them to wake up every morning excited about a new day at work.”—Jan Gunnarsson/Olle Blohm, Hostmanship: The Art of Making People Feel Welcome

  11. “ … The guest comes into the picture only when you are ready to ask, ‘Would you prefer to stay at a hotel where the staff love their work or where management has made customers its highest priority?’”

  12. BFO3: Why Not Joy?

  13. “It may sound radical, unconventional, and bordering on being a crazy business idea. However— as ridiculous as it sounds—joy is the core belief of our workplace. Joy is the reason my company, Menlo Innovations, a customer software design and development firm in Ann Arbor, exists. It defines what we do and how we do it. It is the single shared belief of our entire team.” —Richard Sheridan, Joy, Inc.: How We Built a Workplace People Love

  14. BFO4: People [REALLY] First … EVERYWHERE

  15. 7/12: 1996-2014/Twelve companies have been among the “100 best to work for” in the USA every year, for all 16 years of the list’s existence; along the way, they’ve added 341,567 new jobs, or job growth of +172%:PublixWhole FoodsWegmansNordstromCisco SystemsMarriottREIGoldman SachsFour SeasonsSAS InstituteW.L. GoreTDIndustriesSource: Fortune/ “The 100 Best Companies to Work For”/0315.15

  16. “Contrary to conventional corporate thinking, treating retail workers much better may make everyone (including their employers) much richer.” Source: The Good Jobs Strategy, by M.I.T. professor Zeynep Ton.

  17. 7/12: [Only] ONE THING IN COMMON “They take generous care of their part-timers.” At some of the companies on the list, the share of part-timers is low. But among the seven (of twelve) that are in industries like hotels and retail, the numbers are sky high. Whole Foods, for example, has 27,000 part-timers, Nordstrom has 30,000—and Publix has a staggering 100,000. “The most important commonality among the twelve is that they all offer part-timers healthcare benefits. And most give part-timers paid time off for sick days, holidays, etc. Nordstrom part-timers, for example, have 19 paid days off, Marriott’s have 18 paid days off, and REI’s have 12. Other examples of treating part-timers as full-time members of the family include Publix’s (again) policy of making part-timers eligible for employee stock ownership plans that fund retirement savings.” Source: Fortune/ “The 100 Best Companies to Work For”/0315.15

  18. BFO5: 2018+/ Moral Imperative

  19. “Automation has become so sophisticated that on a typical passenger flight, a human pilot holds the controls for a grand total of … 3minutes. [Pilots] have become, it’s not much of an exaggeration to say, computer operators.” Source: Nicholas Carr, “The Great Forgetting,” The Atlantic, 11.13

  20. “Almost half of U.S. jobs are at high risk of computerization over the next 20years, according to Oxford academics Carl Benedikt Frey and Michael A. Osborne.” —CNBC, 9 March 2016* (*50,000 to 500 /4 April 2018) “The intellectual talents of highly trained professionals are no more protected from automation than is the driver’s left turn.” —Nicholas Carr, The Glass Cage: Automation and Us

  21. 2018/CORPORATE MANDATE #1:Your principal moral obligation as a leader is to develop the skillset, “soft” and “hard,” of every one of the people in your charge (temporary as well as semi-permanent) to the maximum extent of your abilities. The bonus: This is also the #1 mid- to long-term … profit maximization strategy!

  22. #3: Provide a pride- worthy job.* #2: Help people be successful at their current job.** #1: Help people grow/ prepare for an uncertain future.*** *“Provide a secure job.”—NOT POSSIBLE IN 2018. **Success is NOT enough, circa 2018. ***Society—and profitability—demands this. (Or should!)

  23. BFO6: Pinnacle of Human Achievement

  24. MANAGING: AS A PAIN IN THE ASS. Somebody’s got to do it; punching bag for higher-ups on one end, grouchy employees on the other; blame market if things go wrong, big bosses abscond with the credit if things go right. MANAGING: AS THE PINNACLE OF HUMAN ACHIEVEMENT. The greatest life opportunity one can have (literally). Mid- to long-term success is no more and no less than a function of one’s dedication to and effectiveness at helping team members grow and flourish as individuals and as contributing members to an energetic, self-renewing organization dedicated to the relentless pursuit of EXCELLENCE.

  25. “The role of the Director is to create a space where the actors and actresses canbecome more than they’ve ever been before, more than they’ve dreamed of being.” —Robert Altman, Oscar acceptance speech

  26. Les Wexner:FROM FASHION TRENDS GURU TO JOY FROM PICKING/ DEVELOPING PEOPLE!* *Limited Brands founder Les Wexner queried on astounding (>>Welch) longterm growth & profitability: It happened, he said, because “I got as excited about developing people”as he had been about predicting fashion trends in his early years.

  27. BFO7: Hiring

  28. 1/7,500 “May I help you down the jetway. …”

  29. “We look for ... listening, caring, smiling, saying ‘Thank you,’ being warm.” — Colleen Barrett, former President, Southwest Airlines

  30. “The ultimate filter we use [in the hiring process]is that we only hire nice people.… When we finish assessing skills, we do something called ‘running the gauntlet.’ We have them interact with 15 or 20 people, and everyone of them have what I call a ‘blackball vote,’ which means they can say if we should not hire that person. I believe in culture so strongly and that one bad apple can spoil the bunch. There are enough really talented people out there who are nice, you don’t really need to put up with people who act like jerks.” —Peter Miller, CEO Optinose (pharmaceuticals)

  31. “I can’t tell you how many times we passed up hotshots for guys we thought were better people… and watched our guys do a lot better than the big names, not just in the classroom, but on the field—and, naturally, after they graduated, too. Again and again, the blue chips faded out, and our little up-and-comers clawed their way to all-conference and All-America teams.” —Bo Schembechler & John Bacon, “Recruit for Character,”Bo’s Lasting Lessons

  32. Observed closely during Mayo Clinic employment interviews (for renown surgeons as well as others): The frequency of use of“I”or“We.” Source: Leonard Berry & Kent Seltman, chapter 6, “Hiring for Values,” Management Lessons From Mayo Clinic

  33. BFO8: Quiet

  34. Quiet: The Power of Introverts in a World That Can’t Stop Talking—Susan Cain

  35. “We live with a value system that I call the Extrovert Ideal—the omnipresent belief that the ideal self is gregarious, alpha, and comfortable in the spotlight. The archetypal extrovert prefers action to contemplation, risk-taking to heed-taking, certainty to doubt. … We think that we value individuality, but all too often we admire one type of individual … Introversion is now a second-class personality trait. …The Extrovert Ideal has been documented in many studies. Talkative people, for example, are rated as smarter, better looking, more interesting, and more desirable as friends. Velocity of speech counts as well as volume: We rank fast talkers as more competent and likeable than slow ones. But we make a grave mistake to embrace the Extrovert Ideal so unthinkingly.… As the science journalist Winifred Gallagher writes, ‘The glory of the disposition that stops to consider stimuli rather than rushing to engage with them is its long association with intellectual and artistic achievement. Neither E = mc squared or Paradise Lost was dashed off by a party animal.’ Even in less obviously introverted occupations, like finance, politics, and activism, some of the greatest leaps forward were made by introverts … figures like Eleanor Roosevelt, Warren Buffett and Gandhi achieved what they did not in spite of but because of their introversion.” —Susan Cain, Quiet: The Power of Introverts in a World That Can’t Stop Talking

  36. “If you are a manager, remember that one third to one half of your workforce is probably introverted, whether they appear that way or not. Think twice about how you design your organization’s office space. Don’t expect introverts to get jazzed up about open office plans or, for that matter, lunchtime birthday parties or teambuilding retreats. Make the most of introverts’ strengths— these are the people who can help you think deeply, strategize, solve complex problems, and spot canaries in your coal mine. “Also remember the dangers of the new groupthink. If it’s creativity you’re after, ask your employees to solve problems alone before sharing their ideas … Don’t mistake assertiveness or elegance for good ideas. If you have a proactive workforce (and I hope you do), remember that they may perform better under an introverted leader than under an extroverted or charismatic one.” —Susan Cain, Quiet: The Power of Introverts in a World That Can’t Stop Talking

  37. “The next time you see a person with a composed face and a soft voice, remember that inside her mind she might be solving an equation, composing a sonnet, designing a hat. She might, that is, be deploying the power of quiet.” —Susan Cain, Quiet: The Power of Introverts in a World That Can’t Stop Talking

  38. BFO9: Training: Investment #1

  39. In the Army, 3-star generals worry about training. In most businesses, it's a “ho-hum” mid-level staff function.

  40. Is your CTO/Chief Training Officer (Do you even have a CTO?) your top paid “C-level” job (other than CEO/COO)? Are your top trainers paid/cherished as much as your top marketers/ engineers?

  41. Is your CTO/Chief Training Officer your top paid “C-level” job (other than CEO/COO)? If not, why not? Are your top trainers paid as much as your top marketers and engineers? If not, why not? Are your training courses so good they make you giggle and tingle? If not, why not? Randomly stop an employee in the hall: Can she/he meticulously describe her/his development plan for the next 12 months? If not, why not? Why is your world of business any different than the (competitive) world of rugby, football, opera, theater, the military? If “people/talent first” and hyper-intense continuous training are laughably obviously for them, why not you?

  42. Gamblin’ Man Bet #1: >> 5 of 10 CEOs see training as expense rather than investment. Bet #2: >> 5 of 10 CEOs see training as defense rather than offense. Bet #3: >> 5 of 10 CEOs see training as “necessary evil” rather than “strategic opportunity.” Bet #4: >> 8 of 10 CEOs, in 45-min “tour d’horizon” of their biz, would NOTmention training.

  43. “Train ’em and they’ll leave.” Or …

  44. “TRAIN PEOPLE WELL ENOUGH SO THEY CAN LEAVE, TREAT THEM WELL ENOUGH SO THEY DON’T WANT TO.”—Richard Branson

  45. Boss & RPD:Your [boss] job is [much] safer if every one of your team members is committed to RPD/Radical Personal Development. Actively support one and all!

  46. BF10: First-Line Bosses/ Asset #1

  47. If the regimental commander lost most of his 2nd lieutenants and 1st lieutenants and captains and majors, it would be a tragedy. IF HE LOST HIS SERGEANTS IT WOULD BE A CATASTROPHE.The Army and the Navy are fully aware that success on the battlefield is dependent to an extraordinary degree on its Sergeants and Chief Petty Officers. Does industry have the same awareness?

  48. Employee retention & satisfaction:“Overwhelmingly based on the first-line manager!”—Marcus Buckingham/Curt Coffman, First, Break All the Rules“People leave managers not companies.”—Dave Wheeler

  49. BF11: Leading/ Managing Me

  50. “Being aware of yourself and how you affect everyone around you is what distinguishes a superior leader.”—Edie Seashore

More Related