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.
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Creating Amazing Companies
1. We Believe…in a new way of doing business
Creating
The Most Amazing
Companies
2. Karin Volo
• 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
3. Why we wrote Engage!
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
5. Today we’re going to cover…
• Why Engagement Matters
• Global Trends and Disruptive
Changes
• The 5 Cultural Keys to creating an
Amazing Company
6. Why Engagement Matters
Our old ways of working aren’t working
anymore…
Disengagement is a disease.
Complacency is a cancer.
7. Current Workforce Situation
• 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
10. 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.
11. Accelerated Change
“Change is not linear,
it’s exponential.”
~Ray Kurweil
• one billion new users online
• more than four billion new people using cell phones.
12. 2. Demographic Changes
4 Generations
174 newspapers worth of
information
working longer
Mass exodus
Major Value Gap
14. 3. Talent Mismatch
• 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
15. What Does This Mean?
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.
16. 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
17. Definition of Engage:
– to have full attention,
commitment, enthusiasm, passion,
and purpose for your work, to be
wholeheartedly involved in and
contribute positively to an
organization.
18. 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
19. Why Engagement Works…
Working with employee engagement
and recognition generates:
27% higher profits
50% higher sales
50% higher customer loyalty
~Gallup 2013
23. 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
24. What is A Most Amazing Company?
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.
25. The 5 Cultural Keys
Goes Beyond
Teamwork
The Front Line Is The Bottom Line
~Southwest Airlines
26. The 5 Cultural Keys
Innovation
and a sense of
Continually
Improving
30. The Most Amazing Company Quest
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
32. It’s time to create
sustainable business
models with purpose
driven companies
that are good for the
people, planet, as
well as the profits.
33. Stay in Touch…
Karin Volo
Karin@Evoloshen.com
The Most Amazing Company Quest
Our vision is to make this the norm, not the exception.
www.TheMostAmazingCompany.com
Notas del editor
Ourtime is limitedtodayGiveyou as much as I cantoday.Letyouknow how to take it further.
$227B for lost productivity,$232B for medical and pharmacy, $117B for wage replacementIn Sweden alone, it is costing 42 miljarder in poor health(ohälsa) for top 100 largest companies
While many look at global problems like economic growth, workforce effectiveness, employee turnover, chronic skills gaps…and focus their time and energy fixing the problem, we take a different approach. We call it culture hacking—a behavior based
“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