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People	
  Over	
  Profit	
  
Based	
  on	
  the	
  book	
  of	
  Dale	
  Partridge	
  
	
  
Ricardo	
  Monagas	
  
I	
  find	
  it	
  shocking	
  how	
  quickly	
  we	
  forget	
  the	
  
value,	
  power,	
  and	
  importance	
  of	
  our	
  fellow	
  
humans.	
  Selfishness	
  shoves	
  its	
  neck	
  into	
  our	
  
minds	
  and	
  we	
  actually	
  believe	
  that	
  we’re	
  more	
  
important	
  than	
  another.	
  
	
  
Dale	
  Partridge	
  	
  
The	
  7	
  Key	
  A<tude	
  that	
  boost	
  
Company	
  Culture,	
  Performance	
  &	
  
Profit	
  	
  	
  	
  
1.	
  Above	
  the	
  Standard	
  CompensaEon	
  
	
  
	
  
What	
  would	
  you	
  idenFfy	
  as	
  your	
  company’s	
  
most	
  valued	
  asset?	
  The	
  usual	
  answers	
  to	
  that	
  
quesEon	
  would	
  include	
  product,	
  brand,	
  physical	
  
space,	
  R&D,	
  etc.	
  Not	
  oJen	
  would	
  you	
  hear	
  (at	
  
least	
  not	
  with	
  sincerity)	
  that	
  a	
  parEcular	
  
business	
  considers	
  its	
  people	
  to	
  be	
  its	
  most	
  
valuable	
  pieces.	
  	
  
2.	
  It’s	
  About	
  The	
  Feeling	
  •	
  Empathy	
  	
  
	
  
	
  
Many	
  leaders	
  believe	
  that	
  employees’	
  personal	
  
lives	
  don’t	
  maRer,	
  as	
  they	
  have	
  nothing	
  
to	
  do	
  with	
  work.	
  Yet	
  we	
  know	
  today	
  that	
  
employees’	
  personal	
  and	
  professional	
  lives	
  do	
  
collide.	
  	
  
	
  	
  
2.	
  It’s	
  About	
  The	
  Feeling	
  •	
  Empathy	
  	
  
	
  
	
  
Empathy	
  is	
  confidence.	
  Empathy	
  is	
  humanisEc.	
  
EmpatheEc	
  managers	
  disregard	
  the	
  tradiEonal	
  
view	
  of	
  management	
  and	
  want	
  to	
  relate	
  with	
  
employees	
  to	
  inspire	
  
and	
  moEvate.	
  	
  
 
3.	
  The	
  Upside	
  Of	
  The	
  Inside	
  •	
  Perks	
  	
  
	
  
	
  
	
  
Employers	
  want	
  their	
  employees	
  to	
  have	
  fun,	
  which	
  raises	
  
commitment	
  and	
  creaEvity	
  levels,	
  but	
  bosses	
  also	
  feel	
  that	
  
their	
  companies	
  get	
  a	
  lot	
  more	
  out	
  of	
  having	
  game	
  dens.	
  As	
  
Jay	
  Graves,	
  CTO	
  of	
  Double	
  Encore	
  explains,	
  “I	
  like	
  these	
  types	
  
of	
  things	
  because	
  they	
  bring	
  people	
  together	
  who	
  might	
  not	
  
normally	
  interact	
  on	
  a	
  day-­‐to-­‐day	
  basis.	
  Foosball,	
  darts,	
  and	
  
video	
  games	
  are	
  games	
  that	
  people	
  play	
  in	
  pairs,	
  teams,	
  or	
  
groups.	
  Spending	
  Fme	
  together,	
  both	
  while	
  working	
  and	
  ‘off	
  
the	
  clock,’	
  are	
  key	
  to	
  (creaFng)	
  a	
  company’s	
  culture	
  –	
  
especially	
  one	
  that	
  depends	
  largely	
  on	
  collaboraFve	
  efforts.”	
  	
  
 
3.	
  The	
  Upside	
  Of	
  The	
  Inside	
  •	
  Perks	
  	
  
	
  
	
  
There	
  are	
  countless	
  small	
  business	
  owners	
  like	
  
myself	
  that	
  sacrifice	
  personal	
  compensaEon	
  for	
  the	
  
sake	
  of	
  keeping	
  their	
  team	
  in	
  place	
  —	
  not	
  having	
  to	
  
downsize	
  during	
  tough	
  Emes,	
  not	
  having	
  to	
  reduce	
  
hours.	
  This	
  may	
  not	
  be	
  as	
  cool	
  as	
  a	
  juice	
  bar	
  or	
  
foosball	
  table,	
  but	
  it	
  shows	
  employees	
  that	
  their	
  
CEO	
  cares	
  and	
  values	
  them.	
  I	
  think	
  that	
  is	
  
awesome.”	
  I	
  have	
  to	
  agree.	
  
	
  
Dale	
  Partridge	
  	
  
	
  
 
3.	
  The	
  Upside	
  Of	
  The	
  Inside	
  •	
  Perks	
  	
  
	
  
	
  
	
  
Change	
  begins	
  with	
  where	
  you	
  are,	
  with	
  what	
  
you	
  have,	
  and	
  who	
  you’re	
  with.	
  
	
  	
  
#PeopleOverProfit	
  	
  
	
  
 
4.	
  Driving	
  People	
  •	
  MoEvaEon	
  	
  
	
  
	
   	
  
	
  
If	
  your	
  acEons	
  inspire	
  others	
  to	
  dream	
  more,	
  
learn	
  more,	
  do	
  more	
  and	
  become	
  more,	
  you	
  are	
  
a	
  leader.	
  	
  
	
  
#PeopleOverProfit	
  	
  
	
  	
  
	
  
 
4.	
  Driving	
  People	
  •	
  MoEvaEon	
  	
  
	
  
	
   	
  
	
  
OrganizaEons	
  should	
  focus	
  on	
  these	
  drives	
  
when	
  managing	
  their	
  team	
  by	
  creaEng	
  
environments	
  which	
  focus	
  on	
  our	
  innate	
  need	
  to	
  
direct	
  our	
  own	
  lives	
  (autonomy),	
  to	
  learn	
  and	
  
create	
  new	
  things	
  (mastery),	
  and	
  to	
  do	
  beRer	
  by	
  
ourselves	
  and	
  our	
  world	
  (purpose).	
  	
  
	
  	
  
	
  
 
5.	
  I	
  Found	
  My	
  People	
  •	
  Culture	
  	
  
	
  
	
  
	
  
	
  
	
  
Customers	
  will	
  never	
  love	
  a	
  company	
  unEl	
  its	
  
employees	
  love	
  it	
  first.	
  	
  
	
  
#PeopleOverProfit	
  	
  
	
  	
  
	
  
 
5.	
  I	
  Found	
  My	
  People	
  •	
  Culture	
  	
  
	
  
	
  
	
  
	
  
Make	
  It	
  Personal	
  	
  
	
  
One	
  of	
  the	
  most	
  important	
  aspects	
  of	
  
developing	
  a	
  brand	
  voice	
  is	
  to	
  keep	
  it	
  
consistently	
  authenEc.	
  	
  
	
  	
  
	
  
 
5.	
  I	
  Found	
  My	
  People	
  •	
  Culture	
  	
  
	
  
	
  
	
  
	
  
Find	
  A	
  Way	
  To	
  Communicate	
  Your	
  Vision	
  
	
  
CommunicaEon	
  is	
  key,	
  whether	
  it’s	
  selling	
  your	
  
idea	
  to	
  investors	
  or	
  selling	
  your	
  company	
  culture	
  
to	
  employees.	
  	
  
	
  	
  
	
  
 
5.	
  I	
  Found	
  My	
  People	
  •	
  Culture	
  	
  
	
  
	
  
	
  
	
  
Put	
  People	
  First	
  	
  
	
  
We	
  need	
  to	
  start	
  treaEng	
  people	
  like	
  human	
  
beings,	
  not	
  like	
  cogs	
  in	
  a	
  producEvity	
  machine.	
  
Look	
  at	
  the	
  individual	
  first	
  and	
  their	
  role	
  second	
  
and	
  relate	
  to	
  employees	
  on	
  a	
  more	
  human	
  level.	
  	
  
	
  
 
5.	
  I	
  Found	
  My	
  People	
  •	
  Culture	
  	
  
	
  
	
  
	
  
	
  
	
  
Be	
  kind,	
  for	
  everyone	
  you	
  meet	
  is	
  fighEng	
  a	
  hard	
  
baRle.	
  	
  
	
  
#PeopleOverProfit	
  	
  
	
  
 
5.	
  I	
  Found	
  My	
  People	
  •	
  Culture	
  	
  
	
  
	
  
	
  
	
  
	
  
Be	
  kind,	
  for	
  everyone	
  you	
  meet	
  is	
  fighEng	
  a	
  hard	
  
baRle.	
  	
  
	
  
#PeopleOverProfit	
  	
  
	
  
 
6.	
  I	
  Didn’t	
  See	
  That	
  Coming	
  •	
  ExpectaEons	
  	
  
	
  
	
  
	
  
	
  
	
  
Folks	
  who	
  know	
  how	
  to	
  manage	
  expectaEons	
  
are	
  able	
  to	
  more	
  seamlessly	
  navigate	
  the	
  
choppy	
  waters	
  of	
  their	
  business.	
  Why?	
  Because	
  
they	
  know	
  how	
  to	
  communicate,	
  organize,	
  and	
  
direct	
  conversaEons	
  around	
  things	
  gefng	
  done.	
  
Follow	
  these	
  four	
  pracEcal	
  Eps	
  to	
  improve	
  your	
  
own	
  ability	
  to	
  manage	
  expectaEons.	
  	
  
 
6.	
  I	
  Didn’t	
  See	
  That	
  Coming	
  •	
  ExpectaEons	
  	
  
	
  
	
  
	
  
	
  
	
  
Make	
  No	
  AssumpFons	
  	
  
	
  
People	
  oJen	
  get	
  into	
  hot	
  water	
  when	
  they	
  
assume	
  a	
  co-­‐worker,	
  vendor,	
  or	
  supervisor	
  
knows	
  what	
  they	
  expect	
  or	
  even	
  what	
  they’re	
  
talking	
  about.	
  My	
  first	
  piece	
  of	
  advice	
  is	
  making	
  
sure	
  you	
  get	
  context.	
  	
  
	
  	
  
 
6.	
  I	
  Didn’t	
  See	
  That	
  Coming	
  •	
  ExpectaEons	
  	
  
	
  
	
  
	
  
	
  
	
  
Communicate,	
  Communicate,	
  &	
  Communicate	
  
	
  
One	
  of	
  the	
  best	
  ways	
  to	
  manage	
  expectaEons	
  is	
  to	
  
make	
  sure	
  you	
  communicate	
  with	
  everyone	
  on	
  a	
  
frequent	
  basis.	
  In	
  the	
  early	
  stages	
  of	
  a	
  new	
  project	
  
or	
  as	
  a	
  key	
  milestone	
  or	
  deadline	
  approaches,	
  you	
  
may	
  want	
  to	
  even	
  over-­‐	
  communicate.	
  	
  
	
  	
  
 
6.	
  I	
  Didn’t	
  See	
  That	
  Coming	
  •	
  ExpectaEons	
  	
  
	
  
	
  
	
  
	
  
	
  
Pushing	
  Back	
  is	
  OK	
  	
  
	
  
You	
  have	
  to	
  be	
  comfortable	
  that	
  the	
  expectaEons	
  are	
  
realisEc	
  and	
  achievable.	
  If	
  they’re	
  not,	
  you	
  can	
  –	
  and	
  
should	
  –	
  push	
  back.	
  The	
  key	
  here	
  is	
  pushing	
  back	
  in	
  
a	
  way	
  that	
  balances	
  the	
  organizaEon’s	
  needs	
  and	
  the	
  
team’s	
  abiliEes.	
  Being	
  open	
  about	
  what	
  can	
  be	
  delivered	
  
and	
  what	
  the	
  plan	
  is	
  to	
  bring	
  in	
  the	
  rest	
  can	
  go	
  a	
  long	
  way	
  
in	
  insElling	
  confidence	
  and	
  gefng	
  the	
  go-­‐ahead.	
  	
  
	
  	
  
 
6.	
  I	
  Didn’t	
  See	
  That	
  Coming	
  •	
  ExpectaEons	
  	
  
	
  
	
  
	
  
	
  
	
  
Don’t	
  Over-­‐Manage	
  ExpectaFons	
  	
  
	
  
Needs	
  change.	
  Markets	
  evolve.	
  People	
  wake	
  up	
  
in	
  the	
  morning	
  wanEng	
  something	
  different	
  
from	
  the	
  night	
  before.	
  If	
  you	
  aRempt	
  to	
  
anEcipate	
  all	
  of	
  this	
  you	
  will	
  drive	
  yourself	
  crazy.	
  	
  
	
  	
  
 
	
  
7.	
  Thanks	
  For	
  Saying	
  That	
  •	
  AppreciaEon	
  	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
OK,	
  every	
  single	
  day	
  might	
  be	
  a	
  liRle	
  excessive—
but	
  making	
  sure	
  your	
  employees	
  know	
  how	
  
much	
  they	
  mean	
  to	
  you	
  should	
  be	
  far	
  more	
  
frequent	
  than	
  a	
  once-­‐a-­‐year	
  affair.	
  	
  
	
  	
  
 
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
Thanks	
  
	
  
Ricardo	
  Monagas	
  
	
  
Website	
  //	
  ricardomonagas.com	
  
Twi]er	
  //	
  @rmmonagas	
  	
  
	
  

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People over profit

  • 1. People  Over  Profit   Based  on  the  book  of  Dale  Partridge     Ricardo  Monagas  
  • 2. I  find  it  shocking  how  quickly  we  forget  the   value,  power,  and  importance  of  our  fellow   humans.  Selfishness  shoves  its  neck  into  our   minds  and  we  actually  believe  that  we’re  more   important  than  another.     Dale  Partridge    
  • 3. The  7  Key  A<tude  that  boost   Company  Culture,  Performance  &   Profit        
  • 4. 1.  Above  the  Standard  CompensaEon       What  would  you  idenFfy  as  your  company’s   most  valued  asset?  The  usual  answers  to  that   quesEon  would  include  product,  brand,  physical   space,  R&D,  etc.  Not  oJen  would  you  hear  (at   least  not  with  sincerity)  that  a  parEcular   business  considers  its  people  to  be  its  most   valuable  pieces.    
  • 5. 2.  It’s  About  The  Feeling  •  Empathy         Many  leaders  believe  that  employees’  personal   lives  don’t  maRer,  as  they  have  nothing   to  do  with  work.  Yet  we  know  today  that   employees’  personal  and  professional  lives  do   collide.        
  • 6. 2.  It’s  About  The  Feeling  •  Empathy         Empathy  is  confidence.  Empathy  is  humanisEc.   EmpatheEc  managers  disregard  the  tradiEonal   view  of  management  and  want  to  relate  with   employees  to  inspire   and  moEvate.    
  • 7.   3.  The  Upside  Of  The  Inside  •  Perks           Employers  want  their  employees  to  have  fun,  which  raises   commitment  and  creaEvity  levels,  but  bosses  also  feel  that   their  companies  get  a  lot  more  out  of  having  game  dens.  As   Jay  Graves,  CTO  of  Double  Encore  explains,  “I  like  these  types   of  things  because  they  bring  people  together  who  might  not   normally  interact  on  a  day-­‐to-­‐day  basis.  Foosball,  darts,  and   video  games  are  games  that  people  play  in  pairs,  teams,  or   groups.  Spending  Fme  together,  both  while  working  and  ‘off   the  clock,’  are  key  to  (creaFng)  a  company’s  culture  –   especially  one  that  depends  largely  on  collaboraFve  efforts.”    
  • 8.   3.  The  Upside  Of  The  Inside  •  Perks         There  are  countless  small  business  owners  like   myself  that  sacrifice  personal  compensaEon  for  the   sake  of  keeping  their  team  in  place  —  not  having  to   downsize  during  tough  Emes,  not  having  to  reduce   hours.  This  may  not  be  as  cool  as  a  juice  bar  or   foosball  table,  but  it  shows  employees  that  their   CEO  cares  and  values  them.  I  think  that  is   awesome.”  I  have  to  agree.     Dale  Partridge      
  • 9.   3.  The  Upside  Of  The  Inside  •  Perks           Change  begins  with  where  you  are,  with  what   you  have,  and  who  you’re  with.       #PeopleOverProfit      
  • 10.   4.  Driving  People  •  MoEvaEon             If  your  acEons  inspire  others  to  dream  more,   learn  more,  do  more  and  become  more,  you  are   a  leader.       #PeopleOverProfit          
  • 11.   4.  Driving  People  •  MoEvaEon             OrganizaEons  should  focus  on  these  drives   when  managing  their  team  by  creaEng   environments  which  focus  on  our  innate  need  to   direct  our  own  lives  (autonomy),  to  learn  and   create  new  things  (mastery),  and  to  do  beRer  by   ourselves  and  our  world  (purpose).          
  • 12.   5.  I  Found  My  People  •  Culture               Customers  will  never  love  a  company  unEl  its   employees  love  it  first.       #PeopleOverProfit          
  • 13.   5.  I  Found  My  People  •  Culture             Make  It  Personal       One  of  the  most  important  aspects  of   developing  a  brand  voice  is  to  keep  it   consistently  authenEc.          
  • 14.   5.  I  Found  My  People  •  Culture             Find  A  Way  To  Communicate  Your  Vision     CommunicaEon  is  key,  whether  it’s  selling  your   idea  to  investors  or  selling  your  company  culture   to  employees.          
  • 15.   5.  I  Found  My  People  •  Culture             Put  People  First       We  need  to  start  treaEng  people  like  human   beings,  not  like  cogs  in  a  producEvity  machine.   Look  at  the  individual  first  and  their  role  second   and  relate  to  employees  on  a  more  human  level.      
  • 16.   5.  I  Found  My  People  •  Culture               Be  kind,  for  everyone  you  meet  is  fighEng  a  hard   baRle.       #PeopleOverProfit      
  • 17.   5.  I  Found  My  People  •  Culture               Be  kind,  for  everyone  you  meet  is  fighEng  a  hard   baRle.       #PeopleOverProfit      
  • 18.   6.  I  Didn’t  See  That  Coming  •  ExpectaEons               Folks  who  know  how  to  manage  expectaEons   are  able  to  more  seamlessly  navigate  the   choppy  waters  of  their  business.  Why?  Because   they  know  how  to  communicate,  organize,  and   direct  conversaEons  around  things  gefng  done.   Follow  these  four  pracEcal  Eps  to  improve  your   own  ability  to  manage  expectaEons.    
  • 19.   6.  I  Didn’t  See  That  Coming  •  ExpectaEons               Make  No  AssumpFons       People  oJen  get  into  hot  water  when  they   assume  a  co-­‐worker,  vendor,  or  supervisor   knows  what  they  expect  or  even  what  they’re   talking  about.  My  first  piece  of  advice  is  making   sure  you  get  context.        
  • 20.   6.  I  Didn’t  See  That  Coming  •  ExpectaEons               Communicate,  Communicate,  &  Communicate     One  of  the  best  ways  to  manage  expectaEons  is  to   make  sure  you  communicate  with  everyone  on  a   frequent  basis.  In  the  early  stages  of  a  new  project   or  as  a  key  milestone  or  deadline  approaches,  you   may  want  to  even  over-­‐  communicate.        
  • 21.   6.  I  Didn’t  See  That  Coming  •  ExpectaEons               Pushing  Back  is  OK       You  have  to  be  comfortable  that  the  expectaEons  are   realisEc  and  achievable.  If  they’re  not,  you  can  –  and   should  –  push  back.  The  key  here  is  pushing  back  in   a  way  that  balances  the  organizaEon’s  needs  and  the   team’s  abiliEes.  Being  open  about  what  can  be  delivered   and  what  the  plan  is  to  bring  in  the  rest  can  go  a  long  way   in  insElling  confidence  and  gefng  the  go-­‐ahead.        
  • 22.   6.  I  Didn’t  See  That  Coming  •  ExpectaEons               Don’t  Over-­‐Manage  ExpectaFons       Needs  change.  Markets  evolve.  People  wake  up   in  the  morning  wanEng  something  different   from  the  night  before.  If  you  aRempt  to   anEcipate  all  of  this  you  will  drive  yourself  crazy.        
  • 23.     7.  Thanks  For  Saying  That  •  AppreciaEon                   OK,  every  single  day  might  be  a  liRle  excessive— but  making  sure  your  employees  know  how   much  they  mean  to  you  should  be  far  more   frequent  than  a  once-­‐a-­‐year  affair.        
  • 24.                   Thanks     Ricardo  Monagas     Website  //  ricardomonagas.com   Twi]er  //  @rmmonagas