creating amazing companies

Post on 13-Sep-2014

333 Views

Category:

Business

0 Downloads

Preview:

Click to see full reader

DESCRIPTION

There's a new way of doing business emerging. Focusing on employee engagement is good for the people and the bottom line. Engage! is an international best selling book that outlines why we need a new way of doing business. Go to www.TheEngageBook.com for more details and get the book.

TRANSCRIPT

Creating The Most Amazing

Companies

We Believe…in a new way of doing business

• 15+ years working with Executive Search• VP in the US, started up new company in Europe• Coaching, Mentoring, Personal & Organizational

Development• Chief Joy Bringer, Co-Founder to Evoloshen• Best Selling Author

Karin Volo

Have helped individuals and companies going through transitions

Too many people are unhappy in their work

Wanted to help companies keep their people instead

Discovered a formula that we wanted to share with others about a new way of doing business

Why we wrote Engage!

The Most Amazing Company Models

• Why Engagement Matters• Global Trends and Disruptive

Changes • The 5 Cultural Keys to creating an

Amazing Company

Today we’re going to cover…

Disengagement is a disease.Complacency is a cancer.

Why Engagement Matters

Our old ways of working aren’t working anymore…

• 71% of employees are disengaged ~Gallup 2013

• 84% of employees intend to actively seek a new position. ~Right Management

• Disengagement is costing companies $450-$550 billion annually in lost productivity ~Gallup 2013

Current Workforce Situation

Productivity Decreasing

Disruptive Changes & Future Trends

1. Technology Changes

In the 19th century, the Industrial Age moved workers from an agricultural to a production model.

In the 20th century, we experienced another revolution as the Information Age moved workers from factories into offices.

In the 21st century, we are in the midst of a virtual Transformation Age where the internet and technology are redefining our workplace yet again.

“Change is not linear, it’s exponential.”

~Ray Kurweil

• one billion new users online • more than four billion new people using cell phones.

Accelerated Change

174 newspapers worth of information

4 Generations

working longer

Mass exodusMajor Value Gap

2. Demographic Changes

By 2014,

Millennials (born between 1977 and 1997)

will account for half of all the employees

in the world ~Harvard Business Review

Generation Y

• 60% of companies are having trouble attracting critical-skill employees

• In 2012, about 75 million people aged 15 to 24 years were unemployed, an increase of over 4 million from 2007. ~Int’l Labour Organization

3. Talent Mismatch

Lack of retention & loyalty in a company• 150% of the employee’s annual compensation figure, up to 400% for managers

Decrease in productivity and profits• stress costs businesses $300 billion a year.

What Does This Mean?

Our Approach

You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. ~ Buckminster Fuller

– to have full attention, commitment, enthusiasm, passion, and purpose for your work, to be wholeheartedly involved in and contribute positively to an organization.

Definition of Engage:

Why Engagement Works…

“Engaged employees perform 20% better and are 87% less likely to leave their organization.” ~HR Magazine

“Direct link between employee engagement, customer satisfaction, and revenue growth.”~Harvard Business Review

Working with employee engagement and recognition generates: 27% higher profits 50% higher sales 50% higher customer loyalty

~Gallup 2013

Why Engagement Works…

Comparative Annualized Stock Market Return

Comparative Cumulative Stock Market Return

100 Best Companies Voluntary Turnover

Some Examples…Company A : 10 000 employees : 1 600 employees turn over (16%).Employee turn over cost: $120 000 000 per year

Company B : 100 employees : 16 employees turn over (16%).Employee turn over cost: $1 200 000 per year

A Company that: is very deliberate in how they are doing business has a Bigger Purpose leads with the WHY has Raving Fan

… is becoming a “Conscious” Company by building a sustainable business that focuses on the triple bottom line.

What is A Most Amazing Company?

The 5 Cultural Keys

The Front Line Is The Bottom Line ~Southwest Airlines

Goes Beyond Teamwork

The 5 Cultural Keys

Innovation and a sense of

Continually Improving

Cultural Hacking & Open Sourcing

Environmental

P&L

The 5 Cultural Keys

Shared Values & Purpose

The 5 Cultural Keys

The 5 Cultural Keys

a fun way to increase employee engagement through cultural hacking using the latest trend in gamification of work— change from “have to” to “want to” behavioral based system to develop people to reach their full potential within an organization

The Most Amazing Company Quest

Into The Future…

September3rd & 4th 2014

It’s time to create sustainable business models with purpose driven companies that are good for the people, planet, as well as the profits.

Karin VoloKarin@Evoloshen.com

Our vision is to make this the norm, not the exception.

www.TheMostAmazingCompany.com

The Most Amazing Company Quest

Stay in Touch…

top related