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This article explores the importance of inspiring, respecting, and rewarding followers in effective leadership. It discusses the qualities followers value most in their top leaders and highlights the benefits of listening to and engaging with followers. The article also provides insights into how leaders can achieve employee engagement, performance confidence, customer satisfaction, and financial success through an approach that emphasizes inspiration, respect, and reward.
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Inspire, Respect and Reward: a New Crowd-Sourced Model of Leadership Effectiveness Dr. Jack Wiley MPPAW Minneapolis, MN 17 September 2013
WHAT ARE Leaders without followers? “ I AM REMINDED HOW HOLLOWTHE LABEL OF LEADERSHIPSOMETIMES IS AND HOWHEROIC FOLLOWERSHIP CAN BE. -Warren Bennis “ Sir Winston Churchill “ “ Our chief want is someonewho will inspire us to bewhat we know we could be. - Ralph Waldo Emerson Steve Jobs
What is the most • important thing • you want from • your top leader?
Inspire+Respect+reward Job security 6% HighlySkilled 10% Careergrowth 10% Cleardirection 11% Honest & transparent communication 11% Appropriate & fair compensation 21% Recognition & respect 12% Consideration & understanding 7% Fair & equaltreatment 12%
From whence our data • Countries included in the original taxonomy development • Additional countries included in 2012
the balanced scorecard People Outcomes: Employee Engagement Financial Outcomes: ROA / Operating Margin Operational Outcomes: Performance Confidence Successfully managing four perspectives Customer Outcomes: Customer Satisfaction
Inspire + respect + reward Employee Engagement
Inspire + respect + reward Performance confidence
Inspire + respect + reward Customer Satisfaction
Inspire + respect + reward Return-On-Assets
Inspire + respect + reward Operating Margin
HighlySkilled 10% Cleardirection 11% Inspire Honest & transparent communication 11%
Transparent and honest communication “ “ AN OPEN DIALOGUE “ “ MORE TRANSPARENCY AND SINCERITY “ “ • TWO-WAY COMMUNICATION
The big chill Honest and Transparent Communication
RESPECT Recognition & respect 12% Fair & equal treatment 7% Consideration& understanding 12%
Recognition and respect “ “ RECOGNITION FOR PERSONAL INVESTMENT AND WORK PROVIDED “ “ “ “ RESPECT FOR THE HARD WORK AND LONG HOURS RECOGNITION IN A SINCERE WAY
The privileged few SATISFACTION with RECOGNITION
Job security 6% Careergrowth 10% REWARD Appropriate & fair compensation 21%
Appropriate and fair compensation “ “ MORE SUBSTANTIAL FINANCIAL RECOGNITION DUE TO THE WORKLOAD AND RESPONSIBILITIES THAT THE EQUIVALENT OF WHAT I PERSONALLY BRING INTO THE COMPANY BE PAID BY THE COMPANY! “ “
Pay practices matter big-time! Relativeimpact of four influencerson fair pay Actualpay level10% Pay isrelated toperformance36% Understandhow pay isdetermined26% Know howto maximizecompensation28%
Raising the bar take actionon employeesurvey results make pay practices transparent share goodand badnews HonestCommunication 41% • Consideration andunderstanding • 37% • FairCompensation • 40% INSPIRE RESPECT REWARD
contact • Dr. Jack Wiley • Email: jackwiley6@gmail.com • Office: 765-981-2020 • Mobile: 612-481-2101