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Increasing Your ProductIncreasing Your Product
Management Team’s
Happiness Prod cti itHappiness, Productivity
and Profit
Carrie Vanston
Culture for Innovation
Feb. 13, 2016Carrie@CorporateCulturesThatRock.com
Corporate Cultures That ROCK
A Project of Technology Futures, Inc.
(512) 258-8898  www.TFI.com
Copyright © 2016, TFI – Corporate Cultures That Rock
( )
Images: TFI and other sources
Copyright © 2016, TFI – Corporate Cultures That Rock
Source: medium.com
2
I tiInnovation
&
Engagement
Copyright © 2015, TFI - MiniTrends
3
Five Keys To
An Engaged &An Engaged &
Innovative
CultureCu tu e
Copyright © 2016, TFI – Corporate Cultures That Rock
44
Key 1:
ConnectConnect
Encourage
interaction,,
connection,
and personal
support between
Copyright © 2016, TFI – Corporate Cultures That Rock
5
support between
and at all levels 5
Engaged Companiesg g p
 Value us as
individuals
 Care about our Care about our
opinions and ideas
 Have a purpose connecting
us to something larger
Copyright © 2015, TFI - MiniTrends
6
Value us as individuals
 Interaction
 Work Place
 Work / Home
 Listen
 Respect
H
Copyright © 2015, TFI - MiniTrends
 Humor
Photo: Clipart.com (Vital Images)
7
TFI Holiday Card — 2015
Copyright © 2016, TFI – Corporate Cultures That Rock
8
dsyCardolidayTFIHoT
Copyright © 2016, TFI – Corporate Cultures That Rock
9
Care About Our Opinions
and Ideas
 Interesting Work
 Challenge
 Praise
 Responsibility / Responsibility /
Autonomy / Trust
Sh i th h W iti d S ki Sharing through Writing and Speaking
 Public Recognition
Copyright © 2015, TFI - MiniTrends
g
Photo: Clipart.com (Vital Images)
10
Connected to Something Larger
Copyright © 2015, TFI - MiniTrends
11
The Good
Service to others
“To democratize the skies”
Copyright © 2015, TFI - MiniTrends
12
The True
Discovery and advancing human knowledge
“Empowering the innovatorsp g
of the world to do more.”
Copyright © 2015, TFI - MiniTrends
13
The Beautiful
Excellence and creation of beauty
“To enable people to experience
the joy of driving”
Copyright © 2015, TFI - MiniTrends
14
The Heroic
Change/improve the world
standing by your beliefs
“Enabling Americans to performEnabling Americans to perform
extraordinary acts in the face of
emergencies”
Copyright © 2015, TFI - MiniTrends
15
Key 2:
DevelopDevelop
Advocate for
development,
education
Copyright © 2016, TFI – Corporate Cultures That Rock
16
education,
and growth 16
Individual Developmentp
Copyright © 2015, TFI - MiniTrendsPhotos:financialfreedomcreator.com, precisionnutrition.com, waylandlibrary.com
17
Thoughts Matter
Gratitude Rules
Copyright © 2015, TFI - MiniTrends
1818
Copyright © 2015, TFI - MiniTrends
1919
Professional Development
 Conferences
 Presentations
 Workshops
 Professional
Groups
 Degrees / Certifications
Copyright © 2015, TFI - MiniTrendsPhoto: TFI
20
Organizational Development
 Conferences
 In-House
W k hWorkshops
 Programs Programs
 Community
Partnerships
Copyright © 2015, TFI - MiniTrendsPhoto: TFI
21
Fortune’s
“100 Best Companies to Work For”
Average training in 2014 nearly 80%Average training in 2014 nearly 80%
higher than in 1998
2014: Managers = 78 hours
2014: Professionals = 94 hours2014: Professionals = 94 hours
Copyright © 2015, TFI - MiniTrends
22
Key 3:
DiscoverDiscover
Encourage
Creativity and
Stay on Top of
Copyright © 2016, TFI – Corporate Cultures That Rock
23
Stay on Top of
Trends 23
Source: Andertoons.com
2424
Analyze Frustrationsy
Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images)
25
Keeps growing by staying onKeeps growing by staying on
top of emerging trends!
Copyright © 2015, TFI - MiniTrends
26
Search for Convergencesg
Copyright © 2015, TFI - MiniTrendsPhotos: Clipart.com (Vital Images)
27
Convergence:
Copyright © 2015, TFI - MiniTrends
28
Follow Leaders
Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images)
29
Action Plan for Team
Representativeep ese tat e
Regular, Ongoingg , g g
Schedule
Recorded and Shared
Inclusionary Tactics
Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images)
30
Neste Oil Company (Finland)p y ( )
Innovation Committees
• Innovation Search Committee
Innovation Assessment Committee• Innovation Assessment Committee
• Innovation Implementation
Committee
Copyright © 2015, TFI - MiniTrends
31
Key 4:
CollaborateCollaborate
Maximum
involvement
analyzing best
Copyright © 2016, TFI – Corporate Cultures That Rock
32
analyzing best
trends and ideas 32
Collaborative Techniquesq
 Opportunity Opportunity
Wheels
 Nominal Groups Nominal Groups
 Delphi Studies Delphi Studies
Copyright © 2015, TFI - MiniTrendsPhoto: TFI
33
Key 5:
TransformTransform
Happyppy
People!
Foresight!
Alignment!
Copyright © 2016, TFI – Corporate Cultures That Rock
34
Alignment!
34
Organizing the world’s information and
making it universally accessible and useful.
Guiding Principles:
- Make money without doing evil
W k h ll i d h ll f- Work challenging and challenge fun
- Flat organization with collaborative environment.
Copyright © 2015, TFI - MiniTrends
35
Laughter,Laughter,
Caring,
Fun!Fun!
Copyright © 2015, TFI - MiniTrends
Photos: amateurgourmet.com, styledesignluxury.blogspot,Wikipedia
36
Time off for Innovation
20% for individual projectsp j
Half of all new products including:p g
Copyright © 2015, TFI - MiniTrendsSource: Google Images
37
RESULTS!
Lower turnover ratesLower turnover rates
Better Recruits
Happier Customers
Higher Productivity
Higher ProfitsHigher Profits
Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images)
38
Fortune’s
“100 Best Companies to100 Best Companies to
Work For”
Since 1998 outperformed theSince 1998 outperformed the
S&P 500 Index by a ratio of 2 to 1!
Copyright © 2016, TFI – Corporate Cultures That Rock
3939
REAL PAYOFF!!
Better Services
Passion
Less Anxiety
Contagious Energy
Easier Recruiting and RetentionEasier Recruiting and Retention
Everything becomes easier
Makes it more fun for everyone!
B tt H t C F d B i
Copyright © 2015, TFI - MiniTrends
--Brett Hurt: Co-Founder, Bazaarvoice
Photo: Clipart.com (Vital Images)
40
In One Word,
Wh t M kWhat Makes
a Good
ProductProduct
Manager?
Copyright © 2016, TFI – Corporate Cultures That Rock
Source: Pragmatic Marketing
41
42
Source: Andertoons.com
42
Five Keys To
a Culture That
Copyright © 2016, TFI – Corporate Cultures That Rock
43
Rocks!
43
2016
Advocates
Supporters
In-Kind
4
444
Resources:
 Conscious Capitalism: Liberating the Heroic Spirit of Business by
John Mackey, Raj Sisodia
H t Wi F i d & I fl P l b D l C i How to Win Friends & Influence People by Dale Carnegie
 MiniTrends: How Innovators & Entrepreneurs Discover & Profit
From Business & Technology Trends by Dr. John Vanston, Carrie
V tVanston
 The One Thing: The Surprisingly Simple Truth Behind
Extraordinary Results by Gary Keller, Jay Papasan
 The Power of the Mind and Soul: Master Mind Journal as
Designed by Jack Boland
 The Science of Getting Rich by Wallace D. Wattles The Science of Getting Rich by Wallace D. Wattles
 The Secret by Rhonda Byrne
 Think & Grow Rich by Napoleon Hill
Copyright © 2015, TFI - MiniTrends
45
Increasing Your ProductIncreasing Your Product
Management Team’s
Happiness Prod cti itHappiness, Productivity,
and Profit
Carrie Vanston
Culture for Innovation
Corporate Cultures That ROCK
Feb. 13, 2016Carrie@CorporateCulturesThatRock.com
p ROCK
A Project of Technology Futures, Inc.
(512) 258-8898  www.TFI.com
Encourage interaction connection and
Copyright © 2016, TFI – Corporate Cultures That RockImages: TFI and other sources
Encourage interaction, connection, and
personal support between and at all levels
46

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Increasing Your Product Team’s Happiness, Productivity and Profit - PCA16

  • 1. Increasing Your ProductIncreasing Your Product Management Team’s Happiness Prod cti itHappiness, Productivity and Profit Carrie Vanston Culture for Innovation Feb. 13, 2016Carrie@CorporateCulturesThatRock.com Corporate Cultures That ROCK A Project of Technology Futures, Inc. (512) 258-8898  www.TFI.com Copyright © 2016, TFI – Corporate Cultures That Rock ( ) Images: TFI and other sources
  • 2. Copyright © 2016, TFI – Corporate Cultures That Rock Source: medium.com 2
  • 3. I tiInnovation & Engagement Copyright © 2015, TFI - MiniTrends 3
  • 4. Five Keys To An Engaged &An Engaged & Innovative CultureCu tu e Copyright © 2016, TFI – Corporate Cultures That Rock 44
  • 5. Key 1: ConnectConnect Encourage interaction,, connection, and personal support between Copyright © 2016, TFI – Corporate Cultures That Rock 5 support between and at all levels 5
  • 6. Engaged Companiesg g p  Value us as individuals  Care about our Care about our opinions and ideas  Have a purpose connecting us to something larger Copyright © 2015, TFI - MiniTrends 6
  • 7. Value us as individuals  Interaction  Work Place  Work / Home  Listen  Respect H Copyright © 2015, TFI - MiniTrends  Humor Photo: Clipart.com (Vital Images) 7
  • 8. TFI Holiday Card — 2015 Copyright © 2016, TFI – Corporate Cultures That Rock 8
  • 9. dsyCardolidayTFIHoT Copyright © 2016, TFI – Corporate Cultures That Rock 9
  • 10. Care About Our Opinions and Ideas  Interesting Work  Challenge  Praise  Responsibility / Responsibility / Autonomy / Trust Sh i th h W iti d S ki Sharing through Writing and Speaking  Public Recognition Copyright © 2015, TFI - MiniTrends g Photo: Clipart.com (Vital Images) 10
  • 11. Connected to Something Larger Copyright © 2015, TFI - MiniTrends 11
  • 12. The Good Service to others “To democratize the skies” Copyright © 2015, TFI - MiniTrends 12
  • 13. The True Discovery and advancing human knowledge “Empowering the innovatorsp g of the world to do more.” Copyright © 2015, TFI - MiniTrends 13
  • 14. The Beautiful Excellence and creation of beauty “To enable people to experience the joy of driving” Copyright © 2015, TFI - MiniTrends 14
  • 15. The Heroic Change/improve the world standing by your beliefs “Enabling Americans to performEnabling Americans to perform extraordinary acts in the face of emergencies” Copyright © 2015, TFI - MiniTrends 15
  • 16. Key 2: DevelopDevelop Advocate for development, education Copyright © 2016, TFI – Corporate Cultures That Rock 16 education, and growth 16
  • 17. Individual Developmentp Copyright © 2015, TFI - MiniTrendsPhotos:financialfreedomcreator.com, precisionnutrition.com, waylandlibrary.com 17
  • 18. Thoughts Matter Gratitude Rules Copyright © 2015, TFI - MiniTrends 1818
  • 19. Copyright © 2015, TFI - MiniTrends 1919
  • 20. Professional Development  Conferences  Presentations  Workshops  Professional Groups  Degrees / Certifications Copyright © 2015, TFI - MiniTrendsPhoto: TFI 20
  • 21. Organizational Development  Conferences  In-House W k hWorkshops  Programs Programs  Community Partnerships Copyright © 2015, TFI - MiniTrendsPhoto: TFI 21
  • 22. Fortune’s “100 Best Companies to Work For” Average training in 2014 nearly 80%Average training in 2014 nearly 80% higher than in 1998 2014: Managers = 78 hours 2014: Professionals = 94 hours2014: Professionals = 94 hours Copyright © 2015, TFI - MiniTrends 22
  • 23. Key 3: DiscoverDiscover Encourage Creativity and Stay on Top of Copyright © 2016, TFI – Corporate Cultures That Rock 23 Stay on Top of Trends 23
  • 25. Analyze Frustrationsy Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images) 25
  • 26. Keeps growing by staying onKeeps growing by staying on top of emerging trends! Copyright © 2015, TFI - MiniTrends 26
  • 27. Search for Convergencesg Copyright © 2015, TFI - MiniTrendsPhotos: Clipart.com (Vital Images) 27
  • 28. Convergence: Copyright © 2015, TFI - MiniTrends 28
  • 29. Follow Leaders Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images) 29
  • 30. Action Plan for Team Representativeep ese tat e Regular, Ongoingg , g g Schedule Recorded and Shared Inclusionary Tactics Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images) 30
  • 31. Neste Oil Company (Finland)p y ( ) Innovation Committees • Innovation Search Committee Innovation Assessment Committee• Innovation Assessment Committee • Innovation Implementation Committee Copyright © 2015, TFI - MiniTrends 31
  • 32. Key 4: CollaborateCollaborate Maximum involvement analyzing best Copyright © 2016, TFI – Corporate Cultures That Rock 32 analyzing best trends and ideas 32
  • 33. Collaborative Techniquesq  Opportunity Opportunity Wheels  Nominal Groups Nominal Groups  Delphi Studies Delphi Studies Copyright © 2015, TFI - MiniTrendsPhoto: TFI 33
  • 34. Key 5: TransformTransform Happyppy People! Foresight! Alignment! Copyright © 2016, TFI – Corporate Cultures That Rock 34 Alignment! 34
  • 35. Organizing the world’s information and making it universally accessible and useful. Guiding Principles: - Make money without doing evil W k h ll i d h ll f- Work challenging and challenge fun - Flat organization with collaborative environment. Copyright © 2015, TFI - MiniTrends 35
  • 36. Laughter,Laughter, Caring, Fun!Fun! Copyright © 2015, TFI - MiniTrends Photos: amateurgourmet.com, styledesignluxury.blogspot,Wikipedia 36
  • 37. Time off for Innovation 20% for individual projectsp j Half of all new products including:p g Copyright © 2015, TFI - MiniTrendsSource: Google Images 37
  • 38. RESULTS! Lower turnover ratesLower turnover rates Better Recruits Happier Customers Higher Productivity Higher ProfitsHigher Profits Copyright © 2015, TFI - MiniTrendsPhoto: Clipart.com (Vital Images) 38
  • 39. Fortune’s “100 Best Companies to100 Best Companies to Work For” Since 1998 outperformed theSince 1998 outperformed the S&P 500 Index by a ratio of 2 to 1! Copyright © 2016, TFI – Corporate Cultures That Rock 3939
  • 40. REAL PAYOFF!! Better Services Passion Less Anxiety Contagious Energy Easier Recruiting and RetentionEasier Recruiting and Retention Everything becomes easier Makes it more fun for everyone! B tt H t C F d B i Copyright © 2015, TFI - MiniTrends --Brett Hurt: Co-Founder, Bazaarvoice Photo: Clipart.com (Vital Images) 40
  • 41. In One Word, Wh t M kWhat Makes a Good ProductProduct Manager? Copyright © 2016, TFI – Corporate Cultures That Rock Source: Pragmatic Marketing 41
  • 43. Five Keys To a Culture That Copyright © 2016, TFI – Corporate Cultures That Rock 43 Rocks! 43
  • 45. Resources:  Conscious Capitalism: Liberating the Heroic Spirit of Business by John Mackey, Raj Sisodia H t Wi F i d & I fl P l b D l C i How to Win Friends & Influence People by Dale Carnegie  MiniTrends: How Innovators & Entrepreneurs Discover & Profit From Business & Technology Trends by Dr. John Vanston, Carrie V tVanston  The One Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller, Jay Papasan  The Power of the Mind and Soul: Master Mind Journal as Designed by Jack Boland  The Science of Getting Rich by Wallace D. Wattles The Science of Getting Rich by Wallace D. Wattles  The Secret by Rhonda Byrne  Think & Grow Rich by Napoleon Hill Copyright © 2015, TFI - MiniTrends 45
  • 46. Increasing Your ProductIncreasing Your Product Management Team’s Happiness Prod cti itHappiness, Productivity, and Profit Carrie Vanston Culture for Innovation Corporate Cultures That ROCK Feb. 13, 2016Carrie@CorporateCulturesThatRock.com p ROCK A Project of Technology Futures, Inc. (512) 258-8898  www.TFI.com Encourage interaction connection and Copyright © 2016, TFI – Corporate Cultures That RockImages: TFI and other sources Encourage interaction, connection, and personal support between and at all levels 46