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Louis Carter's Presentation at ATD International Conference and Expo

CEO and founder Best Practice Institute, author of Change Champions Field Guide and Best Practices in Talent Management à Best Practice Institute
22 May 2017
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Louis Carter's Presentation at ATD International Conference and Expo

  1. Creating a Most Loved Workplace® Copyright © Best Practice Institute, Inc.
  2. Overview • Sample Size: 149 Senior Executives • 52% female • Average age 44. • An equal range of vertical industries were represented from each major vertical sector • Sizes ranging from small 100-500 employees to over 5000 employees. Average size of companies was 4000 although there was a range of sizes outside the bell curve from large Fortune 500 to small corporations which brought up the averages significantly. Copyright © Best Practice Institute, Inc. Source Louis Carter, Best Practice Institute, Inc. ©
  3. Overview Our current research measures this intense connection between employee and organization, and tests a relationship between loving one’s work and outcomes such as organizational citizenship behaviors, defined as “a person's voluntary commitment within an organization or company that is not part of his or her contractual tasks” Copyright © Best Practice Institute, Inc. Source Louis Carter, Best Practice Institute, Inc. ©
  4. Copyright © Best Practice Institute, Inc. 94% Are More Likely to Produce Between 2-4 Times More Source Louis Carter, Best Practice Institute, Inc. ©
  5. Copyright © Best Practice Institute, Inc. Staying With the Company – How Much More Likely with a Most Loved Company? Source Louis Carter, Best Practice Institute, Inc. ©
  6. Copyright © Best Practice Institute, Inc. Friendships, Perks, Comp, and Benefits Just Don’t Matter for Employees to Love Their Workplace Source Louis Carter, Best Practice Institute, Inc. ©
  7. Copyright © Best Practice Institute, Inc. I'm not concerned with your liking or disliking me... All I ask is that you respect me as a human being. - Jackie Robinson
  8. Copyright © Best Practice Institute, Inc. Source Louis Carter, Best Practice Institute, Inc. ©
  9. Copyright © Best Practice Institute, Inc. Half Time Recap 1.People Value Respect 2.People are more likely to perform better and stay when they love their company 3.Perks, Benefits, Compensation, Friendship and Fancy FoozBall tables have little to no impact on performance or attrition. Source Louis Carter, Best Practice Institute, Inc. ©
  10. Copyright © Best Practice Institute, Inc. 1.People 2.Achievement 3.Positive Future 4.Ethics and Integrity 5.Respect and Appreciation The FIVE Elements of a Most Loved Workplace Defined By Our Respondents Source Louis Carter, Best Practice Institute, Inc. ©
  11. People Copyright © Best Practice Institute, Inc. Employees value teamwork and collaboration along with open communication channels where information and feedback is shared freely. Source Louis Carter, Best Practice Institute, Inc. ©
  12. Copyright © Best Practice Institute, Inc.
  13. Copyright © Best Practice Institute, Inc.
  14. Copyright © Best Practice Institute, Inc.
  15. Achievement Copyright © Best Practice Institute, Inc. Employees want to work at a workplace where effort and hard work are valued, a workplace where processes are in place, they can focus on the customer and work toward shared goals. Source Louis Carter, Best Practice Institute, Inc. ©
  16. Positive Future Copyright © Best Practice Institute, Inc. Employees want to work in a positive environment that fosters innovation and openness with a positive attitude toward the future. Source Louis Carter, Best Practice Institute, Inc. ©
  17. Feed-Forward Not Feed-Back Copyright © Best Practice Institute, Inc. Giving Advice and Appreciation Opens People to possibilities rather than just their weaknesses. Source: Marshall Goldsmith
  18. Ethics and Integrity Copyright © Best Practice Institute, Inc. Employees want to work at a workplace that places an emphasis on honesty, integrity, and ethics. They want employees that are reliable and held accountable for their actions. Source Louis Carter, Best Practice Institute, Inc. ©
  19. Copyright © Best Practice Institute, Inc. J&J Credo Values Source: Johnson & Johnson J&J Credo We believe our first responsibility is to the doctors, nurses and patients, to mothers and fathers and all others who use our products and services. In meeting their needs everything we do must be of high quality. We must constantly strive to reduce our costs in order to maintain reasonable prices. Customers' orders must be serviced promptly and accurately. Our suppliers and distributors must have an opportunity to make a fair profit. We are responsible to our employees, the men and women who work with us throughout the world. Everyone must be considered as an individual. We must respect their dignity and recognize their merit. They must have a sense of security in their jobs.
  20. Copyright © Best Practice Institute, Inc. J&J Credo Values (Continued) Source: Johnson & Johnson Compensation must be fair and adequate, and working conditions clean, orderly and safe. We must be mindful of ways to help our employees fulfill their family responsibilities. Employees must feel free to make suggestions and complaints. There must be equal opportunity for employment, development and advancement for those qualified. We must provide competent management, and their actions must be just and ethical. We are responsible to the communities in which we live and work and to the world community as well. We must be good citizens – support good works and charities and bear our fair share of taxes. We must encourage civic improvements and better health and education. We must maintain in good order the property we are privileged to use, protecting the environment and natural resources.
  21. Copyright © Best Practice Institute, Inc. J&J Credo Values (Continued) Source: Johnson & Johnson Our final responsibility is to our stockholders. Business must make a sound profit. We must experiment with new ideas. Research must be carried on, innovative programs developed and mistakes paid for. New equipment must be purchased, new facilities provided and new products launched. Reserves must be created to provide for adverse times. When we operate according to these principles, the stockholders should realize a fair return.
  22. Copyright © Best Practice Institute, Inc. Frances Hesselbein – CEO, Girl Scouts of America
  23. Respect and Appreciation Copyright © Best Practice Institute, Inc. Employees want to be appreciated and recognized for achievements. They want to work in an environment where they feel respected, trusted and listened to – a workplace that is fair and supportive. Source Louis Carter, Best Practice Institute, Inc. ©
  24. Copyright © Best Practice Institute, Inc. Harley Davidson Richard Teerlink From CFO to CEO
  25. BPI Human Experiment of Loving Your Workplace on Outcomes • Outcome Measurement: How many linkedin endorsements do a treated group and control group get from each other. • Treatment: Group is given equal air time (2-3 minutes each to give their PAPER Statement). • Agree to ground rules they agree to around collaboration and helping each other. • Control Group: Told to give each other endorsements on linkedin. • Measurement of outcome Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  26. BPI Human Experiment of Loving Your Workplace on Outcomes Youtube Video Link: https://www.youtube.com/watch? v=1lNiGPdJ60A Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  27. Group Exercise: Becoming a Most Loving Conference • Write down the following on a piece of Paper • Answering the following questions (on the next slide) Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  28. PAPER – Worksheet • Hi, My name is… • (P)eople: I foster teamwork, collaboration and open communication by… • (A)chievement: I value hard work and effort and ensure processes are in place to work toward shared goals by… • (P)ositive Future: I foster innovation and openness with a positive attitude toward the future by… • (E)thics & Integrity: I place an emphasis on honesty, integrity, and ethics by… • (R)espect and Appreciation: I trust, respect and listen to others by… Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  29. Loving One’s ATD Conference Exercise • Break up into groups of 4-5 and share this information with each other. • This will be your “Most Loved Group” • I will share openly, respectfully, and with equal airtime to help each other grow and become closer advocates for each other. • Does anyone disagree with this agreement? • YES/NO? Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  30. Loving One’s ATD Conference Exercise • Who is the first person who wants to share their learnings about themselves, others, or the experience itself? Copyright © Best Practice Institute, Inc.
  31. Wrapping Up • Love for the workplace is the strongest predictor of workplace outcomes • Stronger than any other construct in organizational psychology • MLW is a stronger predictor of workplace outcomes than Meyer and Allan’s Affective Commitment – a long held belief in Org Psych. • People, Achievement, Postive Future, Ethics and Integrity, Respect and Appreciation are proven to be the critical elements for measuring workplace outcomes. Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  32. Future of MLW • Benchmark organizations • Rank order organizations • More valid predictor of engagement • Future publication will go deeper to include correlation of personality assessments and PAPER elements. Source Louis Carter, Best Practice Institute, Inc. © Copyright © Best Practice Institute, Inc.
  33. Copyright © Best Practice Institute, Inc.
  34. Copyright © Best Practice Institute, Inc. www.BestPracticeInstitute.org www.louiscarter.com
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