Category: Insights in Business

  • Great Leaders Give Back!

    Great Leaders Give Back!

    Inspiring Leaders Like YOU Make the World A Better Place

    This holiday season I’m feeling especially grateful for all of my clients and colleagues.  I am honored to know you, to work with you and  to support you in all the good things you are doing to make the world a better place.

    This issue is 100% devoted to inspiring stories of leaders like you.

    First, we have a group of stories about companies giving back to the communities they serve..

    Second, here’s a list of GREAT books on marketing, branding and advertising from my wonderful friend and amazing planer, Sarah Plaskitt (former planner from Mother, DDB, Scout, now an entrepreneur).  Click here.

    I hope these offerings give you as much inspiration as I get from working with all of you.

    My very best wishes to you and your loved-ones this holiday season and in the year to come.

    Inspiring Leaders Give Back!

    Here are a few stories of inspiring leaders giving back to their communities and the world. Enjoy!

    How NYC Tech Companies Are Supporting Their Communities

    https://www.builtinnyc.com/2020/04/06/tech-companies-giving-back-during-coronavirus-new-york-city

     

    Mint House

    William Chinburg- Head of Talent

    In what ways is your team giving back to the local community right now?

    Coronavirus has impacted nearly every sector of the economy, and as a hotel tech company, our own business has taken a significant hit. At the same time, we recognize that our core product, a tech-enabled boutique hotel, can be put to good use in such chaotic times.

    For that reason, we’ve made our rooms available at cost to anyone impacted by the virus, including students stranded due to school shutdowns and traveling professionals who are temporarily displaced.

    Everyone is dealing with a different set of circumstances during this crisis, and our hope is that Mint House can help people weather such an uncertain time in their lives.

     

    Guideware Software

    What programs does Guidewire Software have to support the local community?

    Our community impact program is titled Guidewire Gives Back and encourages local employee engagement with the community with 3 VTO days per year and a matching gift program of up to USD$1000 per year.   Guidewire strives to support the communities where our employees live and work with their time, effort, and finances.

     

    35 companies that give back all year long — not just around the holidays

    https://www.businessinsider.com/companies-that-give-back

     

    TOMS

    What strategy does TOMS use?

    Toms was one of the first consumer brands to directly incorporate the social cause marketing strategy into its business model. With its “One for One” campaign, Toms offers one pair of shoes for every pair that a customer buys to a child in need.

    Grassroots efforts: https://www.toms.com/us/impact.html

     

    Amazing Brands That Actually Give Back and Do Good

    See examples:

    https://blog.givingassistant.org/shopping/giving-back/brands-that-give-back/

     

    12 Companies with Amazing Community Support Programs

    See examples:

    https://www.comparably.com/news/12-companies-with-amazing-community-support-programs/

     

    Uplifting ways that businesses are helping their communities

    See examples:

    https://blog.yelp.com/businesses/businesses-helping-communities/

     

    50 brands giving back to the community during the COVID-19 pandemic

    https://www.usatoday.com/story/tech/reviewedcom/2020/07/16/50-brands-giving-back-community-during-covid-19-pandemic/5449545002/

    Sarah’s Book List for Leaders

    Do you wish you could talk and think like the great leaders? You can!  You are!  You will!  Here’s a library of resources to reignite your inspiration and help you find that next level of greatness.

    Sarah’s readling list

     

  • How Great Leaders Say “Thank You!”

    How Great Leaders Say “Thank You!”

    We’re all in this together, so saying “thank you” just makes sense!

    If you look closely at company performance, you’ll find that there’s a strong correlation between how companies engage with and value their employees.  It’s no coincidence that when people feel valued, they give value back.

    Think about how the current structure in Corporate America was created. Most of what we consider “the way” to organize and manage companies started after World War II, when there was a collective culture in the United States of shared responsibility. In the military, the generals are responsible to and for the troops, just as the troops are responsible to and for the generals.  Now we have that same structure of hierarchy, but for some companies, the sense of shared responsibility has been lost.  Just look at the wage gap.

    Here are some key reasons to focus on employee recognition:

    • 37% of employees report that more personal recognition would encourage them to consistently deliver higher performance. In fact, the study found that appreciation is the most important driver of superior work performance.  Learn more here.
    • A recent survey of 2,000 Americans found, while almost everyone agreed that thankful bosses would be more successful, only 10% actually reported acting on their impulse to express thanks on any given day. Learn more here.
    • A recent study of university employees showed that those who heard a message of thanks made 50% more fundraising calls than those those who did not.
    • In Glassdoor’s Employee Appreciation Survey, 53% of people said feeling more appreciation from their boss would help them stay longer at their company — even though 68% said their boss already shows them enough appreciation. The lesson? More is better.  Learn more here.

    Unique and wonderful ways that companies are showing employees appreciation

    Meaningful recognition doesn’t have to be expensive.

    Appreciation doesn’t have to mean a big expense or come only when an employee has gone above and beyond. “Recognition is such a core human need,” says Lindsay Lagreid, senior advisor at Limeade Institute in Bellevue, Washington. “And it’s more important than ever because recognition connects to our deep psychological need to feel that we matter and we are valued.”

    https://www.shrm.org/hr-today/news/hr-magazine/spring2021/pages/employee-appreciation.aspx

    Offer a Personal Thank-You

    Don’t underestimate the power of a handwritten thank-you note, particularly if it comes from the CEO.

    “Employees love to know that the people at the top of the organization appreciate what they do,” says Danna Hewick, SHRM-SCP, VP of human resources for USSI, a Bethesda, MD.-based cleaning and janitorial services company. “Receiving a handwritten note from the CEO indicates that either the top executive noticed something the employee did or the manager made a point of telling him or her about it,” she says.

    “Employees at the Marion Area Counseling Center in Marion, Ohio, were pleasantly surprised to receive handwritten birthday cards in the mail from their managers,” says HR manager Jessica Geyer.

    Give PTO—and Permission to Use It

    “Because many employees put off using their paid time off (PTO) last year, managers might consider working with the HR department to allow employees to roll over unused vacation time,” says Natalie Stute, chief human resources officer at Gainwell Technologies in Washington, D.C.

    Companies concerned about having to pay out unused vacation time to someone who leaves the organization this year can address the issue by adding a new policy to the employee handbook, according to Rachel Alansky, founder of Seamless HR Solutions in Arlington, Virginia. Such a statement might read, “Due to the pandemic, we are allowing each employee an additional 40 hours of leave. However, if an employee leaves the company in 2021, those additional hours will not be part of the vacation payout.”

    Extra PTO is meaningful only if managers give their employees permission to use it, Stute notes.

    Alansky recommends telling employees who are taking time off, “Please turn off your computer. We will let the staff know you will be out.”

    Offer Respite from the Day-to-Day Schedule

    Back-to-back virtual meetings are tough on employees, so at Ephesoft Inc., a digital document processing company headquartered in Irvine, California, Wednesday afternoons are meeting-free to give employees a break from being “on,” says Heather Dilley, senior vice president of culture and people.

    The company also has been offering “surprise” days off, extending three-day holiday weekends into four-day breaks by giving staff the Friday before the holiday off.

    “We realize people are working different hours and there is real fatigue,” Dilley says. “It was an amazing boost to our staff that we recognized this.”

    Spanx CEO surprises all employees with 2 first-class plane tickets and $10,000

    Sara Blakely, the CEO, and founder of Spanx celebrated a $1.2 billion deal by surprising her employees with a big gift.

    “Behind the scenes @spanx telling the employees (some live and some on zoom) about the sale and partnership with Blackstone,” said Blakely. “It was an emotional announcement filled with happy tears acknowledging how far we’ve come.”

    And then the tears really started to flow when I surprised everybody with 2 first class @delta plane tickets to anywhere in the world and $10,000 cash to spend on the trip. I really want every employee to celebrate this moment in their own way and create a memory that will last them a lifetime! Cheers to 21 years of magic and many more to come …. ? #ToNewBeginnings

    OneDay: A remote work destination

    A change of scenery can make all the difference in supporting worker wellbeing, Deena Naccarella, CFO at OneDay, told me.

    The video technology company’s New Digs program reimburses employees for a stay at a destination away from home where they’ll work remotely.

    12 Great Employee Perks That Will Make You Jealous

    Inc.’s first-ever Best Benefits Awards honor companies that went above and beyond to build a more supportive culture.

    https://www.inc.com/magazine/202106/benefits-perks-best-workplaces-2021.html

    8 Unusual Employee Benefits in 2021

    https://www.accrediteddebtrelief.com/blog/8-unusual-employee-benefits-in-2021/

    Freeborn– Luggage Party, All Expenses Paid Vacation

    Chicago Law Firm Freeborn & Peters LLP, employees are offered a chance for a free, spontaneous vacation. They host an annual “luggage party” where employees come to work with a packed bag, and four lucky drawing winners are whisked away to the airport in a limo for an all-expense paid weekend getaway.

    Patagonia– Exclusive Surfs Up Breaks

    Famous activewear brand, Patagonia, has an unusual employee benefit that is all about getting outside and enjoying the sun and surf. The company headquarters are right on the beachfront in Ventura, California, so employees are encouraged to get out and surf on their lunch breaks.

    “We have a policy that when the surf comes up, you drop work, and you go surfing.” says founder Yvon Chouinard.

    Google- Going Above and Beyond with Generous Death Benefits

    We’re not surprised that Google made this list. The tech giant has long been a leader in innovative employee culture building. Things like: on-site healthcare, free food, shuttle services, education leave, fantastic holiday parties, vacation perks, bring your pet to work permissions, and more are old-hat for the brand.

    Their death benefits are no exception. While it’s not unusual for a company to pay a lump sum benefit to a deceased employee’s family, Google goes above and beyond by offering the family of deceased employees 50 percent of the decedent’s salary for ten years after their death.

    While it’s not an unusual employee benefit anyone would be excited to use, it does offer peace of mind to folks who want to ensure their families are looked after.

    Companies with Unique Perks & Benefits

    https://www.comparably.com/news/11-companies-with-unique-perks-benefits/

    AXIOS

    When the pandemic hit, we converted our normal monthly commuter stipend to a $100/month work-from-home stipend. Employees can use that money on anything that makes their lives working from home more enjoyable. We also granted 1 Mental Health Day per month to all Axions.

    City National Bank of Florida

    Family Fund Benefit: The Family Fund program provides our employees access to up to $10,000 in reimbursement for fertility treatment expenses, not covered through insurance, or adoption process-related expenses. Also, we have  Special Moments benefits, that provide $1,800 to employees purchasing a home, giving birth, or finalizing the adoption of a child and $1,300 to help cover expenses upon the unfortunate death of a close family member.

    Workfront

    Company-wide recharge days. Once a month, on top of our unlimited paid time off and paid holidays, we give employees another day off to unplug their devices, recharge, and rest.

    Chipotle

    Among Chipotle’s most beloved employee benefits is a debt-free degrees program that allows every eligible employee to receive a free business or technology degree at participating universities with no upfront tuition costs. The response has been overwhelmingly positive and has helped to drive attraction, retention, and promotion within the organization.

    ThomasARTS

    Our employees love having a well-stocked fridge and breakroom with a flowing freestyle coke machine. We also have catered in food or local food trucks every day for lunch.

    Drift

    A company-wide favorite perk at Drift is our sabbatical. Most companies that offer a sabbatical offer it after five years, but at Drift, we offer this perk after three-years. Every employee is eligible for a one-month sabbatical when they hit their three-year mark, and every three years after that!

  • COVID Marketing Best Practices

    COVID Marketing Best Practices

    The Art of Business Transformation – Walking Your Advertising Talk

    With the Great Resignation, part of the issue is compensation, but an even larger issue is COMPASSION, CARING and EMPLOYEE APPRECIATION.

     

    This issue contains the following:
    • An insight on how COVID-19 advertising can succeed or backfire
    • What YOU can do now to close the gap between corporate caring/marketing and what the employee experiences
    • Further reading on the power of compassion
    • Additional cautionary tales of how NOT closing this gap impacts people
    My dear friend and colleague Mark Truss Chief Research Officer of Wunderman Thompson conducted a global study on cause-related marketing a few years ago. His work found that brands who advertise cause-related issues AND back it up with internal/external behavior have a 57% greater brand value, while brands who just advertise causes without adding internal/external action saw NO increase in brand value. What we see now parallels this research.  Many large employers are advertising all the things they are doing for COVID, from donating to food banks to supporting essential workers, BUT they’ve often failed to show the same level of care to their own workers, test the impact of this advertising on those workers or notice the unintended consequences of this disconnect.  In short, by talking about how they care about the world, they’ve highlighted their lack of care for individual employees.

     

    What we’re seeing now is just that gap.  Here are some examples:

     

    • McDonald’s advertises that it’s giving away 12 million meals but local franchise owners never come in to thank the line cooks making those meals. Line cooks are now joining the ranks of those calling for unions, even after getting higher wages. Why? Because they see their employer caring about others but barely noticing them. (See below for more.)
    • Amazon advertises that it’s donating supplies for disaster relief, essential workers, PPE, but continues to fire people MULTIPLE times for having COVID.  Employees see that the company care more about its external image than it does about them. (See below for more.)
    • Restaurant chains talk about being open and thank their workers, but fail to intervene when customers harass employees for wearing a mask or say thing like “I need you to lower your mask to see how much to tip you” or “if you keep your mask on, I’m forced to look at you boobs.”
    • Hospitals advertise that they need nurses, but continue to use two tier pay systems for new employees (meaning new hires get less money even when they have more experience). (See below for more.)

     

    What to do?  You can check your work with one of my favorite resources, First Break All the Rules, an evergreen quantitative study on what makes a great workplace (global study of 50,000 people). If you or your company are advertising that you care about those impacted by COVID, this can serve as a good checklist to see if the care you show to others is shown to your own team.

    Closing the “We Care” Gap for Employees

    Companies that consistently answer the following 12 questions in the affirmative show higher employee loyalty and satisfaction, AND greater financial rewards from having a motivated and engaged workforce.

    ANYONE, can make a difference in closing the gap

    between corporate caring/marketing and employees

    1. Do I know what is expected of me at work?
    2. Do I have the equipment and material I need to do my work right?
    3. At work, do I have the opportunity to do what I do best every day?
    4. In the last seven days, have I received recognition or praise for good work?
    5. Does my supervisor or someone at work seem to care about me as a person?
    6. Is there someone at work who encourages my development?
    7. At work, do my opinions seem to count?
    8. Does the mission/purpose of my company make me feel my work is important?
    9. Are my co-workers committed to doing quality work?
    10. Do I have a best friend at work?
    11. In the last six months, have I talked to someone about my progress?
    12. This last year, have I had opportunities at work to learn and grow?

    How can YOU make sure your brand is walking the talk?

     

    Further Reading – The Power of Compassion in the Workplace

    Forbes Magazine has found that compassion is a key leadership trait.  https://www.forbes.com/sites/tracybrower/2021/09/19/empathy-is-the-most-important-leadership-skill-according-to-research/?sh=6fbf7c243dc5

    Harvard Business Review found that compassion isn’t just a soft leadership strategy, it’s a crucial power skill. https://medium.com/@WriterLionel/compassion-isnt-a-soft-leadership-skill-it-s-a-crucial-power-skill-4c828e2d24af

    Positive Psychology discusses the three pillars of compassionate leadership.  https://positivepsychology.com/compassion-at-work-leadership/

    Further Reading – Cautionary Tales

    Amazon illegally fired workers during Covid while advertising PPE donations

    https://www.theguardian.com/technology/2021/apr/05/amazon-illegally-fired-two-workers-pandemic

    Amazon seems to be well aware that its treatment of workers during the pandemic matters. Externally, the company has launched a public relations campaign that includes TV commercials and a documentary TV series to drive home a message to customers that keeping the “retail heroes” in its warehouses safe is its top priority.
    But internally, employees told Recode that Amazon has responded to workers’ complaints by cracking down on dissenters.

    The company has fired at least six employees who were involved in recent worker protests or who spoke out about working conditions at Amazon, including several who were visible leaders within the company on worker issues. Sources told Recode the company has also reprimanded at least six other employees during the same period who were involved in recent protests.

    Amazon has said that it terminated the employees in question for repeatedly violating internal policies on social distancing, internal communications, and conduct with colleagues. It denied retaliating against employees for their criticism of the company.

    CNN 10/11/2021

    McDonald’s Offers Covid Relief to Workers but Struggles to Support Franchisees

    McDonald’s is offering free ‘Thank You’ meals to teachers across the country

    Teachers are going to get a little extra lovin’ this week with free breakfast “Thank You” meals from McDonald’s as a token of appreciation.

    Any educator, including teachers, administrators, and school staff can go to McDonald’s from October 11 to October 15 to receive their breakfast meal.

    McDonald’s USA President Joe Erlinger stated, “We were honored to give away 12 million free Thank You Meals to first responders and healthcare workers last year and now, with educators going above and beyond, we’re excited to recognize them in a way only McDonald’s can.”

    USA Today  04/20/21

    McDonald’s is Giving Away Meals to First Responders

    The company and its franchisees are giving “Thank You Meals” to emergency and healthcare workers amid criticism of the chain’s response to the crisis.

    CNBC 4/15/2020

    McDonald’s relationship with US franchisees is fraying over coronavirus relief

    • McDonald’s management and U.S. franchisees are once again at odds, this time due to the coronavirus pandemic.
    • Franchisees want more financial assistance from McDonald’s, while the company is asking operators to provide more support for restaurant workers.
    • McDonald’s U.S. same-store sales fell 13% in March.

    Washington Post 10/11/2021

    Kaiser Permanente- 2 Tier Wage System

    24,000 Kaiser Permanente health workers authorize strike over pay, working conditions

    Both sides say negotiations will continue in hopes of averting a walkout by nurses and other health-care providers in California and Oregon

    More than 24,000 nurses and other health-care workers at Kaiser Permanente authorized a strike, their unions announced Monday, threatening to walk out over pay and working conditions while the coronavirus pandemic continues to strain hospitals and clinics.

    Workers in California and Oregon endorsed the work stoppage by an overwhelming margin in the weekend vote as they pressed Kaiser to scrap its plans for a two-tiered wage and benefits system, which would pay newer employees less than more tenured colleagues and offers them fewer health protections. They also want 4 percent raises for the next three years and a commitment to hire more nurses to relieve staffing shortages.

     

     

     

     

     

     

  • In Praise of Great Leaders

    In Praise of Great Leaders

    Study on CEOs and what they are thinking about agility, leadership and new priorities

    My dear friend John Bowen conducted a study of CEOs, what they’ve learned, what they see ahead and what they want most. Turns out, CEOs want what the rest of us want. First, they want to move forward with thoughtfulness and compassion.  Second, they want to be acknowledged for what they have done and tried to do. Hitting the Reset Button

    Have you thanked your leadership today?

    Telling an Inspiring Story: A Superpower of Great Leaders

    I recently taught a class on insights to a team of seasoned experts at an advertising agency. Many of them had advanced degrees and decades of experience. What was the key insight we discussed? The power of STORY. Getting people to tell you their story (respondents, clients, experts, and influencers) and then turning those insights into a story for others to embrace.

    Here’s a visual I found that you might find useful.

    Inspiring Leader – Good Karma Pays Off

    Man with beard and long hair

    Dan Price, Founder & CEO of Gravity Payments
    (
    Image by gravitypayments)   Details   DMCA

    Remember the CEO who was ridiculed for raising the minimum wage?  Six years ago, Gravity Payments CEO Dan Price, 37, discovered one of his employees was working a second job to make ends meet. His response? He gave her, and ultimately everyone in the company a raise to $70,000 per year. He paid for it by dropping his own $1.1 million salary to $70,000. He tweeted “Money buys happiness when you climb out of poverty. But going from well-off to very well-off doesn’t make you happier. Doing what you believe is right, will.

    See how his flexible thinking and kindness have paid off in more ways than one.

     

    COVID Champions

    While we’re all still walking through COVID, I thought you might enjoy seeing what others are doing out in the world. Isn’t it amazing how a crisis can bring out the best in us?

    Here’s a list of things that companies have done during COVID to make the world of work a better place.

    What inspires you about these stories?

    How can you apply them to your business?

    MetLife LogoMetLife: Global and Local Support for People in Need 

    How MetLife is Helping

    • The MetLife Foundation is providing $25 million in grants to support COVID-19 global relief efforts—directed toward people with urgent needs for food, healthcare, and direct financial assistance
    • Donation of thousands of face masks, bottles of hand sanitizer, and canisters of disinfecting wipes to help those in need
    • Reinforcing claims departments to process increased volume in a timely manner

     MetLife COVID Update CEO FAQ

    As the world navigated the unprecedented impact of the COVID-19 pandemic on every aspect of daily life, MetLife and the MetLife Foundation committed $25 million globally to pandemic relief and recovery by supporting nonprofit partners as they pivoted quickly. Initial grants supported communities and people with urgent needs for food, healthcare, and direct financial support. MetLife Foundation stood by its existing partners on the frontlines of helping low-income people and small businesses build financial health, helping them respond quickly to emerging needs.

    In the U.S., MetLife employees and the MetLife Foundation donated more than $8 million, $2.6 million of which supported U.S. food banks to help address the increased demand for services as a result of COVID-19. In New York City, the Foundation provided nearly $2.3 million in grants to various local organizations.

    Microsoft LogoMicrosoft: Bonuses, Extra Vacation, Changes to Create Hybrid Workforce 

    • Microsoft will spend around $200 million on bonuses it will disburse to many employees in the U.S. and abroad.
    • The software company also gave out extra vacation days earlier this year.

    Source: CNN 7/8/2021

    Microsoft reveals changes it’s made to enable its employees to work both at home and in the office

    • Microsoft has been updating conference rooms, evaluating building-usage data and relying on Teams for sales.
    • The changes appear in a new guide the company published on what the company calls hybrid work.

    Source: CNN 5/24/2021  MCC Mark Cuban Companies logo

    Mark Cuban Companies – Free Reimbursement to Support Local, Small Businesses

    Billionaire Mark Cuban announced on Twitter that he’s reimbursing all his employees who eat lunch at locally owned, independent restaurants amid the coronavirus outbreak.

    “We in! Just sent the email for Mavs and my companies. Anyone who buys from small local, independent (sorry big company-owned chains), will get reimbursed for their lunch and coffee/teas. We will start with this week and go from there,” Cuban, who owns the Dallas Mavericks, wrote.

    Source: NY Post 3/14/2020

     

    KEEN logo

     

    Keen Footwear – Free Shoes

    Free Shoes: KEEN Is Giving Away 100,000 Pairs to Those in Need. Send positive vibes and some rugged kicks to an individual or family ‘on the front lines’ or ‘at home fighting through the crisis.’ KEEN will give away some $10 million worth of shoes to help folks weather this surreal and unprecedented time.

    Source: GearJunkie

    JPMorgan Chase & Co Logo

     

    J.P. Morgan – Investing to Support Health, Safety and Income Challenges

    J.P. Morgan has made a $250 million dollar commitment to support immediate and long-term health challenges, has upgraded technology and safety measures for all their employees and invested in lower-income communities to help address income equality.

    Allstate logoAllstate – Payment Relief and Extended Coverage 

    As the coronavirus pandemic impacts people and businesses across the country, both unemployment and the demand for delivery drivers are on the rise. Many businesses, especially restaurants, are relying on income from delivery services as most people stay home. Allstate is taking action on both fronts to protect customers and employees from life’s uncertainties during these unprecedented times.

    Starting this week and throughout the COVID-19 state of emergency, Allstate will automatically cover customers who use their personal vehicles to deliver food, medicine and other goods for a commercial purpose. Standard personal auto policies typically exclude such coverage.

    Source: Allstate Newsroom

    Twitter logo

    Twitter – Work at Home, Forever  

    Twitter has set a precedent in what the future of work will look like post-lockdown. In response to the success of their remote working practices, all employees have been told by CEO Jack Dorsey that if their role doesn’t require a physical office presence, they can choose to work from home indefinitely.

    Twitter made headlines in May 2020 when CEO Jack Dorsey said employees could work from home “forever” if they wanted. “While opening our offices is our decision, when and if our employees come back, will be theirs.”

    The social networking giant is providing employees options to cover additional daycare expenses incurred due to their childcare/schools closing.

    All employees, including hourly workers, are also receiving reimbursement toward their home office set up expenses.

    Source: Twitter Blog

     

    Target

    TARGET – Back up Care for Employee’s Families 

    Target took steps to prevent their workers from joining the 5 million women who lost jobs over the past year. The $94 billion retailer introduced an unlimited backup care benefit, providing company-paid in-home or day-care coverage and even tutoring help for virtual school when employees’ families needed it most. “Our team is super thankful for it,” says Amal Mohamud, an executive team leader overseeing human resources for about 200 employees at a Minnesota Target location.

    Source: Fortune 4/12/2021, 3 ways the Best Companies to Work For helped employees endure an unprecedented year

     

    Cicso Logo 

     

    Cisco – Taking Care of Employees During Tough Times

    Cisco topped Fortune’s 2021 100 Best Companies to Work For list in part for the way it treated its workers during the coronavirus pandemic, according to the publisher. Cisco has been on the list for 24 consecutive years, Alan Murray, CEO of Fortune, said.

    In response to the pandemic, Cisco delayed layoffs, paid hourly employees even while unable to work due to offices being closed, expanded benefits (including mental health services) and provided employees “Days for Me” — time off to recharge, Fortune explained.

    Source: HR Dive 4/14/2021

    Cisco employees began to take advantage of a digital care coordination platform called Wellthy; a dedicated care coordinator helped workers manage the logistics—finances, legal needs, housing, and even mental health—of everything from supporting elderly parents to caring for a child with special needs. During a year when care responsibilities skyrocketed—and those responsibilities largely landed on women’s shoulders—employees appreciated the extra support. “I’ve been through something similar with my parents, and I sure could have used this benefit,” reflects Ted Kezios, Cisco’s global benefits leader.

    Source: Forbes 4/12/2021

     

    lori hamilton logo for newsletter

     

    ROCKET Mortgage – Making Sure People Take Breaks, PTO Innovation 

    In the first months of the pandemic, Rocket Companies, the parent of Rocket Mortgage, noticed its employees had stopped taking their paid time off. Executives understood why: With nowhere to go, who wanted to waste their precious vacation days stuck at home? But they worried that without a break, employees would burn out. “We needed to tell people it was okay to step away and take time for self-care,” says Mike Malloy, whose title at Rocket is “Chief Amazement Officer.”

    Rocket came up with an innovative solution: assign everyone a day off that wouldn’t count against their PTO accrual. With days off allocated by birth month, employees were able to take a break. Terrell Yelder, a South Carolina team leader for facilities with the professional services business Rock Central, by a stroke of luck, witnessed his daughter’s first steps on his February-birthday-assigned day off. “Seeing that with my own eyes, I just felt so much better,” he recalls. Rocket’s day-off initiative was part of a broader “Rest and Relaxation” program, also encouraging breaks throughout the day all year long.

    Source: Fortune 4/12/2021

     

     Zillow Logo

    Zillow – Core Collaboration Hours 

    Zillow embraced remote work and broadened its workforce even beyond the Pacific Northwest. The real estate platform started the year with employees in 26 states and ended it with workers in all 50. To make sure its staff across U.S. time zones weren’t burdened by Zoom sessions from early morning Eastern through evening Pacific time, the company introduced “core collaborative hours,” limiting internal group meetings to a four-hour block of the day. “It recognizes that we all have such different schedules and life outside of work,” says Meghan Reibstein, Zillow’s VP of organizational operations.

    Source: Fortune 4/12/2021

     

    Kimpton Logo

     

    Kimpton – Finding Jobs for Displaced Workers

    The stress of worrying about losing one’s job seeped into every corner of the economy during the pandemic. But companies on our list tended to do an impressive job communicating about risk and insulating their troops. Though Kimpton had to shutter its locations when the pandemic hit, the company moved quickly to help furloughed Kimptonites find temporary jobs at companies that were scaling up, such as Amazon and grocery chains. (In many cases, the applicants didn’t have to interview but got hired on recommendations alone.)

    Source: Fortune 4/12/2021

    Carmax logo

    CarMax – Executive Pay Cuts 

    At CarMax- where 99% of furloughed employees have since been brought back—one employee wrote that they “appreciated that executives took a pay cut and that the board of trustees did not receive any compensation.”

    Source: Fortune 4/12/2021 

    Wegmans Logo

     

    Wegman’s – Never Conducted a Layoff  

    Wegman’s, the 105-year-old New York–based grocery chain, rose to the top of the pack when it came to protecting and supporting essential workers. The company rolled out paid COVID sick and quarantine leave as well as job-protected unpaid leave for those who felt unsafe. In its century-long history, Wegmans has never conducted a layoff. So as some functions (cafés, for example) shut down, it retrained workers for new tasks.

    “They’re baking bread, they’re cutting seafood, they’re doing Instacart—or they’re on the front end because they love hospitality,” says Bob Farr, SVP of store operations. “We’ve immensely enjoyed watching people take on new assignments and grow their careers in different directions.”

    Source: Fortune 4/12/2021

    Unilever

    Unilever – Frontline Help for Essential Workers

    Unilever has ramped up its corporate social responsibility by going straight to the frontlines. Apart from donating a hefty sum to the COVID Action Platform of the World Economic Forum, Unilever also plans to adapt its current manufacturing lines to produce sanitizer for use in hospitals, schools, and other institutional settings. It has committed to contribute over €100 millions of donations in the form of soap, sanitizer, bleach, and food. Most of its efforts are targeted at developing nations, especially in areas with limited resources and fragile healthcare systems.

    Source: Growth Rocket 5/4/2020

    Netflix Logo

     

    NETFLIX – Support for Entertainment Workers

    Netflix has seen a massive boost in viewing time over the past few months as governments imposed stricter quarantine rules. But the media-services provider and production company has not been exactly on cloud nine at the moment due to halted productions in studios. But instead of resorting to cost-cutting measures, Netflix has shown incredible compassion amid this uncertain time. Aware that the crisis is taking a huge toll on the industry, Netflix created a $100 million fund to support its tens of thousands of entertainment workers.

    Source: Growth Rocket 5/4/2020

  • COVID-19: What comes next?

    COVID-19: What comes next?

    COVID-19: What comes next?

    It the hot topic of the day – what comes after COVID? Progress has been made on COVID, and yet…so much is still to come.

    A lot of you have been asking for predictions on what comes next after COVID. Similarly, we’ve been getting a ton of data from various firms looking to predict the changes that will come to society and the marketplace post-Covid.

    (Shh) No one knows. That is the truth. Anyone who tells you they know the future post-Covid is basing that on what we can measure right now, but we’re all still in the middle of it.

    Yes, we can see trends and indicators today. Yes, we can start to anticipate changes. But the final answer of how things will change over time is yet to be uncovered.

    Man holding sign in business that says: we're opening again

    The questions I have for you are:

    1. How are you tracking changes in your people, customers, the market?
    2. How will you navigate those changes and stay on top of evolving needs, wants and core emotional motivation?
    3. How will you take care of yourself during all this? (Remember, you are a person in the middle of all of this too!)

    For this issue of the newsletter, I’d like to give you some guideposts as we move forward.

    1. Examples of major shifts from the past. Looking back over the last several decades, what can we learn about major shifts?
    2. Key questions to ask your employees, customers, and partners.
    3. Signposts to look for. Covid has changed us all. The question is what will that change be and how lasting will those changes be? I’ll give you some things to look out for.
    4. Trends and studies for further reading. What we’re hearing and seeing in the marketplace now.

    When you know what to look for, you’re more likely to see what is coming.

    I hope you enjoy this exploration of what we know, what we don’t know and how to keep your eyes open to what lies ahead.

    Examples of major shifts from the past:

    When humans endure a major crisis, it alters our way of living and forever changes our needs. When the (this) new world begins to crystalize, market leaders change, the deck gets reshuffled, and we get to experience how chaos creates both risk AND opportunity.

    The Renaissance Period emerged from the Bubonic Plague. The Roaring 20s emerged from the Spanish Flu. Here is an illustration of a foundational shift on what success looks like from just the past few decades.

    Changing views of success:

    • In the 1980’s Yankelovich created a comprehensive study on how people define success. The answer in the 1980’s was “having a lot of money.”
    • In the 1990’s the company repeated the study, and the answer was “flexibility of time.” In short, people who were considered successful were seen as being able to work when they wanted to, go out to a longer lunch, come in late, and work odd hours.
    • In the 2000’s the answer was “flexibility of place.”. A successful person had access to technology that allowed him or her to work wherever they liked.
    • After the 2008/2009 Recession, the answer changed to “working with purpose.” Young Millennials were slammed up against the cold truth that working hard today didn’t guarantee success tomorrow. Many of them became Depression Era super savers, some thought “what’s the point?” Almost all agreed that success needed to be redefined. As a society, we decided that people who are successful are doing work that matters to them, not waiting for retirement to start to give themselves permission to do what they love.

    Who would have guessed that an economic downturn would lead a dramatic shift in how we define success? 

    What do you think the next major shift will be?

    How will you ride the wave of change?

    Key questions to ask your employees, customers and partners:

    When Covid first hit, I was surprised to see the impact on my amazing and strong team. Everyone was in it to win it, but we were all feeling the pressure. I realized that it was up to me as a leader to check in with people and give them space to be vulnerable, to admit that they needed something different or couldn’t live up to the reputations they had built for themselves. Here are some questions to consider:

    • How are you doing (really)? How is your family or loved ones?
    • What can I do to best support you?
    • Are you interested in doing more, less work? Doing work in a different way? How can I facilitate this?
    • If your team is coming back into the office, don’t assume how people may be reacting. Ask! How are you feeling about coming back?  What would you like to see happen? You may or may not be able to accommodate their wishes, but it’s very important to know what people need and how they are feeling.
    • If you work with a small business owner or contractor, check in on your payment terms. Many larger firms have a 90 to 120 pay cycle, which can be very tough. We have a couple of clients where we offer a 2% discount for 100% payment net 10 days, and it really makes a difference!  Are you able to work with procurement or your accounting department to help make life easier for your vendor partners in terms of cash flow?

    Signposts to look for:

    We know COVID has had a major impact in the following ways. Be on the lookout for how these trends will influence the future. Right now, we know some of the impacts from COVID, but the final word is still out on what the long-term implications will be.

    • Women, people of color and low-wage workers have been the most impacted economically by COVID.
    • Children have lost a ton of social contact because of COVID. Some thrived – some special needs kids got more attention, some kids who were being bullied could concentrate. But many were negatively impacted, particularly those in rural and low-income areas with a lack of Broadband, who couldn’t even have contact with teachers on Zoom. In some families, older children were left to take care of younger children in the family, which further reduced social contact with their peers and diminished the educational opportunities for everyone.
    • Our idea of the employee/employer relationship is changing. Workers are leaving jobs that have low pay or a negative work environment. Still, others are living on less money, finding ways to work remotely or re-thinking their careers. How will these changes redefine the relationship between employers and employees? How will HR respond to the tension between companies wanting workers to go back to the old ways and workers wanting a new future? 
    • We found out we could live differently. Will we keep some of that? From flexible hours and remote working to spending more time with our families, we have all come to accept and even find ways to thrive in the new normal. Now that we know what our choices really are, what will we want or accept going forward?

    Resources

    Trends and studies for future reading:

    CNBC 7/17/2021 • The biggest job wage boom post-pandemic is blue-collar, but will it last for workers?

    Just one key finding: Wage gains among blue-collar and manual labor workers were strong in the years before Covid-19, reversing what had been a three-decade trend of greater compensation leverage for the professional class.

    Forbes 7/1/2021 • Why Women Are Leaving the Workforce After the Pandemic—And How To Win Them Back

    Summary: The pressures on women during the COVID-19 pandemic are coming from various directions. New research from Deloitte Global indicates that the pandemic has seen a confluence of events for many women—namely an increase in their workloads at work and at home. Many are at a breaking point, leaving the workforce in record numbers. But there is a ray of light amid the gloom: Employers with a culture that gives women the support they need to succeed have a more productive and motivated workforce and are likely to report greater retention, the research found.

    Time  6/1/2021 • The Pandemic Revealed How Much We Hate Our Jobs. Now We Have a Chance to Reinvent Work

    Summary: As the post-pandemic great reopening unfolds, millions of others are also reassessing their relationship to their jobs. Millions of people have spent the past year re-evaluating their priorities. How much time do they want to spend in an office? Where do they want to live if they can work remotely? Do they want to switch careers? For many, this has become a moment to literally redefine what is work.

    Washington Post 5/12/2021 • The economic recovery is getting messy. Just ask working women.

    April’s weak jobs report proved even more dismal for working women, highlighting a complicated path to economic recovery

    Summary: The pandemic recession was especially difficult for women. In the months after the spring 2020 shutdowns, 11.3 million jobs held by women vanished almost immediately, as women are overrepresented in the retail, restaurant, travel, and hospitality sectors. Plus, lack of childcare and closed schools meant many women, including those who didn’t lose their jobs, had to take on the bulk of caring for children.

    Quartz at Work 4/23/2021 • Why millions of workers are planning to switch jobs after the pandemic

    Summary: Recent polls indicate, workers around the world are going to launch an epic game of musical chairs once offices open again and mass vaccinations bring the pandemic under control. Compared to average numbers before the pandemic, far more employees are yearning for a new job and plan to make a move imminently.

    Forbes 4/2/2021 • Struggles For Working Parents Are Likely to Remain Post-Pandemic

    Summary: There is no doubt that this past year has been an incredibly trying time for everyone. While we are finally seeing hopeful signs of the eventual end of Covid-19—or at least the new normal that’s coming— the impact of these changes will last for years to come.

    While the loss and challenges of the pandemic have been felt by everyone it is clear that the effect of Covid-19 and the resulting lockdowns have been particularly impactful on working parents.

    Gallup 3/8/2021 • How Have U.S. Working Women Fared During the Pandemic?

    Findings:

    • Women have outpaced men in leaving the workforce since COVID-19.
    • Job type and childcare needs are playing a large role in women’s departure.
    • Women have been more likely than men to enter retirement during the pandemic.
  • The Art of Business Transformation – Tapping into The Power of People

    The Art of Business Transformation – Tapping into The Power of People

    The Art of Business Transformation – tapping into the power of people

    When you have a big idea that you know is amazing, you can’t wait to get to it, right?  Not so fast. Learn from my mistakes. Remember that fairy tale where a new baby was born, and everyone was invited except for ONE witch?  And that witch decided to ruin everything? That’s what can easily happen if you don’t take the time to vet your idea and get input from your team. Now you may say, “But Lori, I KNOW that some of my team members will oppose the idea, and I don’t want to hear that.”  You’re right, they will. Better to know now, and to get an honest answer of why so that you are prepared to deal with whatever you may be facing.

    This edition of our newsletter contains four key:

    • Quick tips for success
    • People you may encounter
    • Key questions to ask
    • Other resources to dig deeper

    “Well begun is half done.” Aristotle

     If you don’t involve people upfront, you could see an outbreak of Left-Out-Itis followed by a bad case of the Resentment Flu.

    People are the lifeblood of any initiative. People don’t work with companies, people work with people, so you’ll want to be as diligent about your communication and connection with others as you are about your deliverables.

    Quick tips for success:

    • Understand that everyone has something to teach you.
    • Listen first, confirm that the other person feels you understand them, THEN and only then talk about your perspective.
    • Be as kind as you can. Assume everyone has good motives and is doing their best.
    • Say thank you and let people know the impact they made.
    • Give people what they need (attention, direction, praise, a key initiative being done) as often as you can. Make their success part of your own. Great leaders praise others more than they take credit, and they take blame more than they give it.
    • If things go wrong if you can’t deliver what you’d hoped or if someone on the team is being asked to go above and beyond, be honest. When people see that you at least understand and care, it goes a long way toward soothing the pain.

    People you may encounter:

    People don’t work with companies, people work with people.

    shows that there are many different personalities in the workplace

    Super Fan

    Known for:  loving every idea you have.

    What they want from you: to be included and part of the team. Keep them up to speed and run draft ideas by them as often as possible.

    Caution flags: they may reinforce your blind spots.

    Best practices:  make sure you have a diverse team of opinions, not just Super Fans. Ask Super Fans what you might be missing or where they see potential problems. CELEBRATE with your Super Fans. They want to be included see that their work made a difference, not just for the team and the company, but for you.

    Happy Camper

    Known for: team spirit, going into every assignment with gusto.

    What they want from you: clear direction on goals and outcomes; giving them the tools and direction to achieve the task, and ongoing feedback on their performance.

    Caution flags: they may or may not agree with your ideas, they may or may not ask for help when they need it.

    Best practices: be sure to check in on them, ask if they have what they need from you/the process, ask if there are any obstacles in their way.

    Credit Seeker

    Known for: wanting credit for being part of the team.

    What they want from you: as much public praise and credit as possible.

    Caution flags: sometimes credit seekers just need attention; maybe they are younger in their careers and don’t realize that the REAL players know who did the work. Sometimes they want credit without doing the work and may even take credit for your work!

    Best practices: be clear that credit is what they seek. If you like their work, be fair and honest as you credit their contribution. If they did not do the work, give them credit for what they DID do (show up, put in the effort), etc. DO NOT pander to Credit Seekers. If they try to take credit for work done by others, or even you, point out who DID to the work honestly, fairly and in a neutral tone. No need to get upset, just tell the truth.

    Hopeful Romantic

    Known for: being cynics –  finding fault in every idea, even when they believe in it.

    What they want from you: they want to be talked out of their cynicism. They need you to stay positive AND address the problems they see.

    Caution flags: just because they are cynical doesn’t mean they are not team players, don’t write them off, listen. This person may come off as 100% negative at first. Let them talk and keep asking why they feel that way and what they need. You may find that a negative person isn’t really negative, they’re just scared to be positive.

    Best practices:  expect to hear the dark side first. Listen carefully, make sure they feel understood; then address it with your ideas. People can’t hear you until they feel heard. Be realistic. If you have someone who has been burned in the past for coming up with new ideas, don’t make promises that you can’t keep on bringing up new ideas today. Earn their trust with honesty. Be it good news or bad, tell the truth.

    Only if… Supporter

    Known for: being supportive when they are getting something out of it, then dropping back if what they thought they were getting goes away.

    What they want from you: they want you to give them whatever it is that they need from the project (attention, praise, a pet initiative being included).

    Caution flags: they will NOT be open about when they are in and when they are out, so you need to be super clear that their support is 100% contingent and only IF X is being done.

    Best practices: understand the currency of what they need. If someone needs visibility with management, be clear when you are providing that and when you are not. If someone has a pet initiative that is included in the original plan but not the final plan, address that before it becomes a bad surprise.

    Enemy for Life

    Known for: not liking you or your initiative. They may have legitimate reasons, they may not.

    What they want from you: to see you fail.

    Caution flags: they may pretend to be on your side, only to stab you in the back later. It’s easy to just avoid these folks. Don’t. Better to know their issues and address them before they bring them up. Any good trial lawyer will tell you that the best time to hear the defense’s argument is from the prosecution, who can then address it.

    Best practices: know your friends, know your enemies. Sometimes enemies can be turned around with persistence, but you have to take the time to listen, to understand their legitimate concerns and address them. That being said, don’t fold yourself into a pretzel for people. There’s no such thing as a personality transplant. Some people are just plain mean!

    Pro top for dealing with enemies: This one comes from Benjamin Franklin and has since been confirmed by modern psychology. If you have someone in your life who doesn’t like you, ask them to do you a favor. When we do a favor for someone, we automatically like them more. (Also works if you don’t like someone. Do them a favor.)

    Firefighter

    Known for: finding problems, pointing them out and solving them.

    What they want from you: to be called into action to prevent and solve problems.

    Caution flags: sometimes there isn’t a fire. Sometimes you forget to bring the firefighter in, and they see things that you miss at the wrong time. A few firefighters have even been known to start fires just to put them out.

    Best practices: ask for their advice before you send out the final draft. Give them a chance to weigh in and think about what could go wrong (a fire) and how to solve it (fire prevention or a fire drill). Once a firefighter knows that his/her opinion is valued, you’ll get some great input on solving problems before they happen.

    False Friend

    Known for: pretending to support your idea but not doing it, either with low effort, pretending to misunderstand or other methods of sabotage.

    What they want from you: to not have to do the work. Could also be an enemy for life in disguise who wants you to fail.

    Caution flags:  sadly, you have to be aware that people like this exist. I’ve been fooled more than once by someone who seemed to be on board but never really was. Trust your instincts. And look at the behavior. If it’s not right, it’s not right. People like this take advantage of having made a first good impression and saying the right things, but not doing them.

    Best practices: look at what they do, not what they say. Don’t be afraid to call them out on it, even asking “I’m confused. You said that you would do X, but now I see Y.” Don’t be fooled by someone you know is not on your side. If they were nice to you today, great. That’s just for today. It doesn’t mean that the tiger has changed his/her stripes.

    Trusted Advisor

    Known for: knowing things you don’t know. This role is wide and can include people at every level of your company. You’d be amazed at what you can learn from people on the factory floor, people who have been in sales for decades or people who have been at the company for more than 20 years. This person can be a peer, a manager, a person in a different department, even your administrative assistant. It just depends on their level of knowledge and how you tap into that. Seek out different points of view to help round out your ideas AND vet how to say them. If your approach works for a variety of audiences, you know you’ve got a winner!

    What they want from you: to see if you are REALLY interested in their views and will take them seriously, or not. It’s up to you to gain their trust. Once you do, it can be a gold mine.

    Caution flags: you will not be able to address ALL of their issues. Be honest about what you can do and what you can’t so that you don’t overpromise. If you don’t know, ask.

    Best practices: assume they know things you don’t. Assume they disagree and have a different view (that’s what you want). Ask questions that show that you are more interested in their perspective than in being right. You can always talk about your point-of-view once you understand theirs. It’s up to you to reach out and create that ongoing sense of safety that is the hallmark of honest dialogue.

    Visionary Leader

    Known for: setting the vision for the future.

    What they want from you: to help them make that vision come true, tell them the honest truth about obstacles, be prepared to take action and create solutions and be a person that others want to work with.

    Caution flags: despite the cordial relationship you may have with this individual, they are NOT your best friend, nor your therapist. Also, leadership changes. Be aware that what was said and intended at the beginning of the planning process may change over time.

    Best practices:  Remember to keep the relationship professional and focused on the key goals and outcomes (e.g. increasing sales AND making this person feel that they made a difference with customers). Generally, people at a high level don’t have a lot of folks giving them praise. As much as possible, give these leaders a chance to vent, to let down their guard. Be the person who notices how much they are doing and how much pressure they are under. Do your best to support them as leaders and as people. Again, people don’t work with initiatives, they work with people.

    I have 100% of me 100% of the time. That’s why I need other perspectives.

    Key questions to ask people you work with:

    First, keep it as confidential and honest as you can. Note that your goal is to understand THEIR point of view so that you can work with them successfully for them and for you.

    • Tell me about a time when you felt most successful at work.
    • Tell me about a time when you didn’t feel successful.
    • I’m working on (state your idea), what is your reaction to that?
      • Has it been tried before? What happened? What worked? What didn’t work? What were the obstacles? What were the unmet opportunities?
      • If you were doing this idea, what would be your key priority? Why?
      • What are the key things I could miss in doing this idea (process, people issues, company history, etc.)?
      • What are the pitfalls? How can those be addressed or prevented?
      • What would be the ideal outcome of this idea for the company? For your department? For you personally?
      • What would be the nightmare outcome of this idea for the company? For your department? For you personally?
    • What is an example of a time when you worked with someone in my role, and it went well? If you could wave a magic wand, what would you want from me?
    • What is an example of a time when you worked with someone in my role, and it went badly? What would you NEVER want to experience in working with me?
    • What questions should I have thought of but didn’t ask?
    • Anything else you want to talk about?

    Resource Links • Digging Deeper

    Setting your Vision for the Future with Inside Help

    From Smarp 1/4/2021 Business Transformation in 2021: The Guide for Successful Implementation

    Years of research on business transformation have shown that the success rate for these efforts is consistently low: less than 30% succeed. 

    Years of research on business transformation have shown that the success rate for these efforts is consistently low: less than 30% succeed.

    Moreover, only 16% of respondents say their organizations’ digital transformations have successfully improved performance and also equipped them to sustain changes in the long term. An additional 7% say that performance improved but that those improvements were not sustained.

    Often, lack of employee communication, engagement and alignment with the new goals are the main reasons for such a high failure rate.

    In this blog, we will go over some of the best practices for implementing business transformation successfully in 2021.

    The Definition of Business Transformation

    Business transformation is all about identifying techniques, new processes and technologies that aren’t being used to their maximum capacity. It requires understanding about how alternate solutions can be applied to further gain market share, increase revenue and customer satisfaction or reduce operating costs.

    Organizations undertake business transformations to create additional value. This may mean unlocking the potential of employees, harnessing intellectual property and proprietary technology for additional purposes, or becoming more efficient to maximize the company’s potential.

    The goal of every business transformation project should be to ensure that the best processes and systems are being implemented within an organization.

    For many organizations, this is not a simple process, particularly within the organizations that have a mindset that fears change. Therefore, how you deal and communicate with employees dictates how successful the transformation will be.

    6 Main Dimensions of Business Transformation:

    It is very important for organizations to focus on the main business capabilities that have a direct impact on how successful business transformation will be.

    In reality, only a small number of total capabilities play a critical role in helping the organization find new ways to differentiate, gain competitive advantage and compete. Focusing on those critical capabilities can help deliver greater value and help the organization realize its business transformation ambition.

    The Deloitte Capability Hexagon provides a comprehensive approach to defining and designing enterprise capabilities across six dimensions:

    • The purpose of a capability, how it will operate, and what value it will deliver. The mission is derived directly from—and supports—the company’s strategy.
    • The decision flow, information, and analytics drive informed and timely decision-making.
    • Clear roles, decision rights, and policies that facilitate integration within and across other capabilities, functions, and partnerships.
    • An integrated and efficient set of processes designed to achieve the desired outcomes.
    • The software, hardware, and tools required to enable the capability.
    • The competencies, skills, talent infrastructure, and workforce planning enable an optimal talent base to execute the capability. This broader viewpoint allows organizations to frame and link execution to the value defined in the transformation ambition.

    14 Steps to Succeed in Business Transformation:

    As many business transformation initiatives fail, we have put together the 14 main steps organizations should follow before and during their business transformation efforts.

    1. Evaluate your existing business situation
    2. Get executive buy-in
    3. Get employees’ buy-in
    4. Engage all employees in daily conversations
    5. Focus on your communication strategy
    6. Build an efficient change management process
    7. Set clear short and long-term goals
    8. Foster a sense of urgency
    9. Eliminate fear in the workplace
    10. Enable cross-departmental collaboration
    11. Choose carefully the communication channels you’re about to implement
    12. Be agile and encourage new ideas
    13. Close the skill gap at your organization
    14. Measure your employees’ engagement

    Employee Communication Plays a Crucial Role in Business Transformation

    As mentioned earlier in this blog, employee engagement and communication are some of the most important prerequisites for successful business transformation efforts. Therefore, organizations now must consider implementing new communication technologies to help leaders and employees prepare for the change and work towards the same goals.

    With employee communications solutions such as Smarp, organizations are able to:

    • Easily reach all employees with relevant information and updates
    • Reach all employees regardless of their location
    • Create and share more personalized content to drive employee engagement
    • Make all the content easily shareable within and outside the organization
    • Support two-way conversations within the workplace
    • Achieve a complete organizational and strategic alignment
    • Help employees keep important documents, messages and conversations in one place
    • Enable employees to have instant access to information on their mobile phones
    • Better filter and prioritize content delivery to prevent information overload 

    From Strategy + Business 4/4/2019 • How to get your company’s people invested in transformation

     

    Big change can’t happen without employee buy-in, which is easier to get if you’re an emotionally engaged leader.

     

    From IMD 2/2018 • Transformation journeys: The reasons why and the art of how

     

    From BCG 11/5/2020 • Learn from the Best in Organizational Transformation

    • CHANGE MANAGEMENT’S CONTRIBUTION TO TRANSFORMATION SUCCESS
    • A DATA-CENTRIC APPROACH TO TRACKING TRANSFORMATIONS

    A holistic communications approach ensures that the people with different roles are on track and connected.

    • THE RISE OF DIGITAL TRANSFORMATIONS
    • A FUTURE OF GREATER TRANSFORMATION SUCCESS

    To read about the first step in the series, visit The Art of Business Transformation

  • The Art of Business Transformation

    The Art of Business Transformation

    Why should you follow this approach?

    I’ve been fortunate enough to see change happen – and not – from the inside of organizations. Whether you work for a marketing communications firm, a strategic consultancy or inside an organization, having the opportunity to create change is huge. You’re probably excited and maybe even a little nervous. I’m sure you have an idea of what you want to do and how to get there. You’re right! You’ve got a start on your plans already.

    Here’s what you can add to the mix by following The Art of Business Transformation approach:

    • Motivated and engaged partners in your plan – internal and external.
    • Deep knowledge from key stakeholders and partners – the little things that will make a big difference.
    • A process of creating change that is as inspiring and rewarding as the outcome.
    • A sense that you are not doing this alone. A big tent for a big team.

    I look forward to providing insights, ideas and real-life lessons learned to help you make the most of your opportunity.

     

    What is the first step of business transformation?

    Most people think the first step in business transformation is setting the plan. In truth, the first step is to be really honest about WHY you want to transform your business. Maybe you are being forced to change because of market circumstances; maybe there’s an opportunity to grow into a new market or leverage a new acquisition; maybe it’s time to make your operations more efficient, or maybe it’s just as simple as needing to refresh your brand image. These are the action steps, but what is the motivation?

    If you’re like most people, your motivation for business transformation will be a mix of personal and professional issues:

    • It’s fun to do business transformation
    • It gives you new skills and a chance to grow your career
    • It gives you visibility as a leader
    • It fixes pains or issues in your market
    • It helps the company grow, stay relevant, outpace the competition

    There’s nothing wrong with having personal motivation. I’d say it’s necessary to understand that in order to keep yourself going for the long haul that is business transformation.

    However, if you find that your motivation is PURELY personal or that (when you’re really honest), it’s on the dark side of motivation, maybe it’s time to take a new look at that motivation. Can you expand it to include others?  Can you see a bigger picture on how to get there that will empower the larger team?  I promise you, if you look for that bigger picture, you will surely find it.

    The big secret about the art of business transformation is that people work with people. That personal motivation to bring your passion to the table, to engage to the fullest and bring others with you – THAT’s what makes the difference between a good idea and a great execution of that idea. And people can tell if you are motivated purely by your own gains or if you are looking at something larger.

    See below for articles and proof points showing the connection between being a leader who focuses on others and financial performance.

    Why should you listen to me?

    As most of you know, I started my career as a temp at Chase Manhattan Bank where they had free sandwiches. (FREE SANDWICHES!) Having put myself through college doing research in the projects of East Los Angeles, I learned a lot about different walks of life, and being a temp showed me exactly how change happens – or doesn’t – from the bottom level up. Later, I went on to do a big consulting project with James River Paper, learning from the likes of Shoshana Zuboff, author and Harvard professor who cut her teeth in organizational psychology by working third shift in a manufacturing plant.

    I’ve been lucky enough to be an integral part of many business transformation teams – from advertising and branding, to mergers and acquisitions, to distribution and logistics. One thing runs across all these assignments – the internal story that people tell themselves about what everyone is doing and why makes all the difference in the level of collaboration, effectiveness and, frankly, the fun of changing the world by transforming a business.

    Why should you listen to me? Because I’ve been in the trenches and in the boardrooms; because I’ve been the person held responsible for motivating, inspiring and informing business transformation, even when I lacked the direct power to make anyone do anything. You learn a lot when the only way to get things done is by inspiring others. I did it. You can too!

    https://shoshanazuboff.com/book/shoshana/

    Examples of business transformation

    Brand transformation – Skippy. Have you seen the new Skippy commercials?  Launched in July 2020 by Hormel Foods and BBDO, they have a song about going to your Skippy place.

    Here we are in COVID-19. Guess what happens to peanut butter sales when kids are not bringing lunches to school every day? Exactly. Without ever mentioning Covid, Skippy is offering little moments of happiness when stressful times are happening at home.

    Skippy Peanut Butter Team Announces New Advertising Campaign

    https://www.youtube.com/watch?v=rRzwIxVaNkE

    https://www.youtube.com/watch?v=pu6RatXzY3g

    Process transformation – Pharma companies. Guess who figured out how to work together and get product to market faster than humanly possible in the past? Pharma companies. Funny how a global pandemic inspired and motivated previous competitors to change the industry.

    Product Transformation – Etsy, Fashion Designer. The week that Covid was announced, the CEO of Etsy, Josh Silverman sprang into action. While the company had previously been a marketplace of individuals, Silverman immediately got the idea to reach out to the Esty community and ask people to start making masks. They did. The result was massive sales, opportunities for people who had previously seen Etsy as a side gig and a lot more PPT available for all of us. Oh, and their stock price went up.

    The same thing happened with designers including Christian Siriano, who reached out to Governor Andrew Cuomo about repurposing his sewing rooms to make masks and Pyer Moss who not only made a difference with his community but was also rewarded by making the coat and mask (made from leftover materials) for Vice President Kamala Harris at the Covid Memorial before inauguration day. 

    Distribution Transformation – Parnassus Books. Award-winning author Ann Patchett does NOT enjoy social media. She is not on Twitter or Facebook. She doesn’t even own a cell phone. What she does love, is books. So much so that she started a book store in Nashville with her sister. Guess what happened when Covid hit? Yikes. Everyone had to scramble. The company went from a tiny, in-person, high touch experience to an online store almost overnight. Ann herself was known to pack books until 4 in the morning and now does online videos (the others post) with her book recommendations. Not only has the company stayed afloat, but they have also kept all of their employees and even grown sales.

    Check your motivation checklist

    These are the common motivations for business transformation that I have seen. Each one represents the core motivation or what is driving the business transformation project. Mind you these may not always be the stated goals, but they are the underlying goals and motivation.

    Why are you motivated to do business transformation?

    Positive Side of the Motivation

    Dark Side of the Motivation

    Make me look smart – I have some ideas about what the next opportunity might be, but I want to learn more. Help me get up to speed and become an expert on our markets and opportunities. Prove I’m right – I have a very specific idea about the opportunities ahead of us. I want you to prove that I am right, regardless of what the research or internal interviews may say.
    Keep me out of trouble – There are lots of places to have missteps in our business as we pursue opportunities, both internal and external. Help me be sure that we have thought through every possibility and planned for it. Absolve me of wrongdoing – I work in a culture of blame. There are lots of places to get in trouble as we pursue new opportunities. I want you to cover me so that when there is a problem, I am not the person who is seen to be at fault.
    Reduce the pain I find myself in – our business is under a ton of pressure (competition, changing markets, evolving business). I know that there are ways to navigate these issues. Help me find a way through this moment and unlock new opportunities. Justify my poor management – Our company or business is in trouble. My team has contributed to these issues by ignoring customers, firing people, downsizing key roles, or not collaborating. I want to do business transformation to show that my poor decisions were actually justified.
    Help me make this crazy dream come true – I have a vision of the future that my gut is telling me will happen. Help me find the way to transform my business and make this dream come true. Give me the insights and support to achieve what I know is possible. Make me more important than anyone else – I want to be known as THE innovator, THE visionary, THE leader for my company. I want you to help me transform my business so that everyone can see this about me.

     

    Inspiring resources:

    The Checklist Manifesto by Atul Gawande

    What happens when you create a singular focus for your organization?  What happens when you take that singular focus and turn that into a process?  Massively positive results. Read case studies on how medicine was transformed – reducing complications, infections and death – with a checklist; how the airline industry relies on checklists for safety, and how a much-maligned executive turned his passion for safety into a company turnaround that not only built the business financially but transformed the company culture.

    Simple Sabotage by Robert M. Galford, Bob Frisch & Cary Greene

    Up for a laugh along with your management lesson? Look no further than this short and powerful book. At the height of World War II the OSS (predecessor to the CIA) came up with some simple rules to infiltrate and sabotage enemy organizations. Sadly, these very same principles are the ways we often do business today. Ideas such as “put everything to committee” and “use excessive caution” can pose as great ideas for business, but these are the ways that organizations grind to a screeching halt. Worry not, there are solutions to these modern problems told in hilarious, thoughtful and actionable ways.

    King Lear, Othello, Richard III – Shakespeare’s histories

     

    King Lear

    Othello

    Richard III

    History is such a good teacher, don’t you think? I was lucky enough to study with one of the world’s leading Shakespeare scholars who told our class, “all of Shakespeare is about power. The positive use of it and the negative use of it.”  As you are getting ready to take the mantle of power in your organization, you can do no wrong studying Shakespeare. Read the texts or watch your favorite movie version. Either way, it will be an entertaining and valuable lesson.

    Bonus reading for those of us focused on diversity:

    You’ll Never Believe What Happened to Lacey by Amber Ruffin

    Amber Ruffin is a comedy writer for Seth Meyers and just landed her own show on Peacock. If one of your goals is to be more inclusive, this book is an amazing resource. Smart, insightful and searing in its observations, this book is a must-read for anyone in management today. A sample story is when Lacey (Amber’s sister who lives in Omaha) attends a meeting only to be told by the meeting leader that they can’t wait to go meet with Lacey (who was in the room). Apparently, everyone thought that Lacey was the other black woman working for the company.

    Other work that supports and expands the premise of this newsletter. 

    Journal of Business Strategy 11/2001

    Good to Great: Why Some Companies Make the Leap…and Others Don’t link?

    Reason to Buy/Read: This book moves beyond GE, Wal-Mart, and all the other usual suspects we’ve been inundated with. Even better, the author has found a group of companies that have actually outperformed all the previous superstars, using tough metrics.

    Collins was inspired to track the inner workings of companies that were good but made the leap to great–and sustained that leap for at least 15 years after the shift. The good-to-great companies averaged returns 6.9 times the general market in the 15 years following their transition point (when the company’s performance relative to general stock market turns upward after a period of at or below-market performance and never falls to that point again.) For comparison, GE outperformed the market by 2.8 times over 15 years from 1985 to 2000.

    It’s hardly a surprise that the book is the fruit of a five-year research journey, given the breadth of data that had to be considered and tracked. By necessity, private companies are excluded from the study, since the kind of data the author and his team needed is available only from publicly traded companies. The author also made a point to eliminate those companies that found themselves “on the nose cone of a rocket when it took off.” Key to the credibility of the conclusions is the equally in-depth study of a group of comparison companies, in the same industries as the ones that made the cut, that had similar resources in the same time period but failed either to make the leap or to sustain it.

    Beyond finding the companies, the author does an excellent job pulling together the framework of ideas–the essential and distinguishing features that link all the companies that make the transition. Virtually all the “conclusions” he draws are data-based and not opinion or extrapolation. One exception is Collins’ theory that “good” is the enemy of “great,” in that when you’re good, you lose incentive to move to great. It’s possible that it’s not lack of motivation but just not knowing how to push further. If that’s the case with your company, maybe this book can guide you.

    The book profiles in various depths 11 good-to-great companies, 11 direct comparisons, and six unsustained comparisons. Note this: No celebrity leaders pulled off the good-to-great switch. NONE. There’s no systematic pattern linking specific forms of executive compensation strategy to performance.

    Placement in Your Life: Reading this book will give you the spell to lift the myth of you being the be-all-end-all leader and move ahead into even better performance. Read it over the course of a few evenings before bed to instill in yourself the consistency and discipline to build the momentum for change. You’ll wake up each morning with an action plan.

    How to Read: If you’ve read the author’s previous book, Built to Last it’ll take you no more than three pages to realize this book is its prequel. Don’t worry, the last chapter deals with how the two link, and you can read this one without reviewing the old one.

    This is a classic read-straight-through manual, though the author provides boxes of insights and notes, plus most chapters conclude with key lessons and summary findings.

    There are plenty of opportunities for intelligent skimming, namely when the author oversells his theory or when you already know the outcome of the situation being covered. For example, he crows a little loudly with examples like Darwin Smith, the mild-mannered in-house lawyer who becomes chief of Kimberly-Clark. Within 20 years, he turns Kimberly-Clark into the leading paper-based consumer products company in the world. It generates stock returns 4.1 times the general market, beating direct rivals Scott Paper and Procter & Gamble, and outperforming Coca-Cola, Hewlett-Packard, 3M, and GE. And then there’s Alan Wurtzel of Circuit City. If you had invested $1 in Circuit City and $1 in GE on the day Jack Welch took over in 1981 and held the stock to Jan 1, 2000, your Circuit City investment would be worth six times more than your GE stake. Alright! So he picked good companies.

    And Rubbermaid’s success is no mystery. It generated 40 consecutive quarters of earnings growth under Stanley Gault’s leadership. His chosen successor lasted only one year, and the next in line faced a management team so shallow that he had to shoulder four jobs while scrambling to find a number two. Author’s point: It’s not enough to do a good job leading the company, you have to make sure it survives after you leave. (Those looking for great talking points on big failures will love Appendix 8.A, AKA the Doom Loop, which shows what went wrong with the comparison companies.)

    But don’t skim everything. In fact, you’ll want to read some of the text closely to pick up the subtext. One thing that stands out is that none of these companies was distinguished first and foremost by strategy (the comparison companies and failures had strategies too). The mindset that did move them apart was an approach of “First who, then what.” The good-to-great leaders don’t begin by setting a vision or strategy. They first get the right people into in the right seats on the bus and the wrong people off the bus, and then they figure where to drive it.

    This is certainly an important message in times of rapid change. It also eliminates a lot of typical management issues (if you hire the right people in the first place, they won’t have to be tightly managed or fired up).

    Another such message woven throughout the book is how none of these leaders are concerned with their own reputations for personal greatness. All are quiet and dogged. The author sums up their approach as “Level 5” leadership: Those individuals ambitious for the company but not themselves, with an intense professional will and extreme personal humility.

    Unintended Effect: The author’s hedgehog concept (do one big thing well) could be fleshed out in its own book. The key is to understand what your organization can be the best in the world at, and, equally important, what it cannot be the best at (not what it wants to be the best at).

    If you cannot be the best in the world at your core business, then your core business cannot form the basis for your hedgehog concept. The one big thing, of course, has to be something that makes money.

    Irresistible Miscellanea: Every member of the executive team put in place in 1983 by Carl Reichardt, CEO of Wells Fargo, went on to become CEO of a major company.

    Government Leaders 2007 Getting Ahead without Tooting Your Own Horn

    “Therefore is it most expedient for the wise… to be the trumpet of his own virtues…”
    –Benedick to Beatrice in Much Ado About Nothing, by William Shakespeare

    The verbal banter of Benedick and Beatrice aside, few people would want to be known as self-promoters. Wise? Hardly. Or is it?

    We all know people who get ahead because they are gifted artists at the practice of getting the boss’ recognition—even if others have done most of the work. So do we swallow our sensibilities and start taking trumpet lessons or do we stick to what we say we believe and let the chips fall where they may? Is personal humility simply a recipe for mediocrity—at least in terms of the world’s recognition—or is it a form of integrity that will be recognized eventually? It is a difficult dilemma for many aspiring leaders, particularly in organizations where recognition is sorely lacking.

    Ozymandius and the art of building a legacy

    In a leadership seminar not too long ago, we discussed the importance of building a legacy in the lives of others rather than building monuments to ourselves. We all agreed that it is more important for leaders to focus on the development of those behind them instead of self-promotion. We were reflecting on the Shelley poem “Ozymandius” as a metaphor for our generation:

    I met a traveler from an antique land
    Who said: Two vast and trunkless legs of stone
    Stand in the desert. Near them, on the sand,
    Half sunk, a shattered visage lies, whose frown,
    And wrinkled lip, and sneer of cold command,
    Tell that its sculptor well those passions read,
    Which yet survive, stamped on these lifeless things,
    The hand that mocked them, and the heart that fed,
    And on the pedestal these words appear:
    “My name is Ozymandias, King of Kings:
    Look upon my works, ye Mighty, and despair!”
    Nothing beside remains. Round the decay
    Of that colossal wreck, boundless and bare
    The lone and level sands stretch far away.

    There was a great deal of agreement around the room that the self-promoters are people who don’t build trust or loyalty or leave anything but an empty, self-authored legacy. Lots of heads were nodding.

    At that point someone asked rather plaintively, “But if I don’t blow my own horn, how will anyone know what I’ve done? I’ll never get ahead.” This comment prompted a shift in the discussion, with various participants asserting that all this talk of humility and legacy doesn’t fit reality.

    It’s become somewhat of a truism that if you don’t call attention somehow to your own achievements, no one else will. But the rules of logic would say that’s simply an assertion. Let’s look at the facts.

    To Be Level 5 or Not to Be?

    Probably the most compelling work I have seen on the subject of self-promotion vs. humility is the discussion of Level 5 leadership in Jim Collins’ book Good to Great. Collins’ goal was to identify why some companies can make the transition from being just pretty good to being truly great performers. His method was to turn two dozen graduate students loose on the research question and then let them build a mountain of data that gradually, in a seminar format, they began to distill into wisdom under Jim Collins’ guidance. For almost five years they analyzed, discussed, and debated before reaching their conclusions. They found that one of the essential factors in the leap from “good to great” was a form of leadership based on humility and a focus on the organization which Collins and his team dubbed “Level 5 leadership.” Look at a brief synopsis of the findings in a comparison between the two “successful” types, with Level 5 being clearly superior to Level 4 in overall results:

    Level 5

    • Builds enduring greatness
    • Personal humility—does not seek the light
    • Ambition for the purpose of the institution
    • Sets the successors up for success
    • Looks out the window—credits others for success
    • Looks in the mirror—assigns responsibility for failure

    Level 4

    • Builds commitment to a vision
    • Stimulates high-performance standards
    • Large ego – high level of personal charisma
    • Does not provide for the successors
    • Looks out the window to place blame
    • Looks in the mirror to claim success

    What they found rather amazed them. Many of the companies that actually had the best-sustained results over time and that at some point had begun that trend upward were actually somewhat obscure. One reason they were obscure was that their CEOs were people who shunned the limelight and tended to talk in terms of “we” not “me.” It was not that Level 4 leaders were poor. They did succeed, but they did not succeed as fully as the Level 5 leaders.

    And more importantly, their organizations did not sustain the success after they left. Those who did succeed over time and turn things around consistently were leaders who were personally humble and well-focused on the purpose of the organization, not just their own careers. They built up those around them and developed successors who carried on the organization with the same values.

    The Derailment Conspiracy

    Yet our eyes do not deceive us; self-promoters can and do get ahead. Although Level 4 leaders are more about personal charisma, blaming others and taking personal credit, they do get results—mostly short term. But, they also derail at a relatively high rate. The Center for Creative Leadership says that “because of the confidence built by (early) success and the presence of demonstrated strengths, it is possible to dismiss potential weaknesses as unimportant or nonexistent.” Interpersonal factors (such as arrogance) and personal flaws (such as difficulty in receiving feedback or dealing with so-called “bad luck”) cause blind spots in future leaders. They find out too late that they have become the proverbial emperor who has no clothes.

    The Lesson

    It turns out that the lessons of leadership are as old as Ozymandius or Achilles: pride generally goes before a fall. You do not have to toot your own horn, but you should persist in acting with both humility and a resolute focus on the mission. Don’t get discouraged by lack of recognition or early success. Build up the people around you and give them credit—and do the same for your boss. In the long run, at the end of the marathon, you will be working in a better organization with better results and people will love coming to work with and for you. That’s a legacy well earned.

    Fast Company • Secrets of the Most Productive People- We need more humble leaders. Here’s how to get them period here

    Humility is a top requirement for the emerging workforce. Here’s how both individuals and organizations can tap its potential. 

    What makes the ideal leader?

    Hollywood tells us we want a superhero in a business suit, an individual of charisma and action.

    But thoughtful research tells us the truth is more nuanced. The best leaders, according to Good to Great author Jim Collins, display a combination of humility and fierce resolve. They are modest, self-effacing, understated, and fanatically driven by results. And more recent research gives us an even better understanding of humility. It is the integration of self-awareness, teachability, and an appreciation of the capabilities of others. These are traits that allow for inclusive teams and continuous learning that are foundational for creating innovative cultures.

    This is going to be more important in the coming years, as it’s a top requirement for the emerging workforce. In our research on organizational culture, we found that millennials listed humility as one of the top three most important traits in a leader, along with strategy and ethics. Globally, 48% say they look for humility in their leadership, while in the U.S., more than half (54%) say this.

    Yet even with all this information about the nature of humble leaders, we still find it challenging to nurture and celebrate them. We fall back on our “romance with leadership” says Susan Cain, author of Quiet: The Power of Introverts in a World That Can’t Stop Talking. This perpetuates the concept of the celebrity CEO, which in turn, influences the succession planning process.

    The quest for finding humility in a leader is both an internal and external issue. Companies often fail to appreciate the trait in their internal pipeline, and at the same time, aren’t looking for it when recruiting from the outside. To support the emergence of humble leaders, companies must take a broad look at their internal and external search processes, examining their biases and approach to talent management.

    Check Your Bases

    We often misinterpret humility for a lack of confidence or ambition, but that is not the case. Humble leaders simply express these traits of confidence and ambition in different ways. For example, humble individuals are ambitious for the company, not for themselves. Their life pursuits revolve around the greater whole versus personal gain. We are often biased to think this means the individual is not a “go-getter” and lacks drive. But in fact, the drive is present and strong, although directed differently.

    Self-esteem is another area where bias can cloud judgment. Humility at its core is an increased valuation of others rather than a devaluation of self. Humble people don’t often need to seek affirmation or engage in self-promotion. This can come across as a lack of confidence to those used to looking for the rock star leader. But that’s not necessarily true. It’s simply how we have conditioned ourselves to spot what we believe are relevant leadership traits, and what we are attracted to on first impressions.

    Humble individuals often do not see themselves as great leaders. That can lead to misconceptions about their abilities and cause them to slip by unnoticed. In reality, this is not an issue of capability, but one of identity, which is something that leaders can develop.

    Change the Way Talent is Managed

    New tools and tactics can combat the cultural bias toward flashy leadership and encourage humility instead. A key step is realizing that the tools themselves may be part of the problem.

    If an organization has traditionally valued charisma and self-promotion, it can be challenging to establish that humility is a valued trait. One company found that one of its key interviewing techniques–rapid-fire questioning for a brief, intense period of time by a panel–worked to highlight people who are socially confident and resilient but does nothing to identify humility.

    Charisma can cloud the process, giving rise to leaders who present as stars but are ultimately hampered by ego issues. The Egon Zehnder Potential Model gives companies a framework to evaluate candidates while not over-emphasizing charisma and ambition.

    Four Traits to Focus on to Find More Humble Leaders

    • Curiosity. They are driven to proactively seek understanding and new learning. This includes learning through feedback.
    • Insight. They process information from many sources and use it to shape insights that make sense of ambiguity and break the status quo.
    • Engagement. They engage the hearts and minds of others to deliver shared objectives and mutual benefits. This is someone who gains energy from authentically connecting with others and understanding them on a deep level.
    • Determination. They enjoy a challenge but don’t let their strength of purpose turn into stubbornness. This person will take on risks with ingenuity and tenacity but can stay nimble and change direction when needed.

    Our research shows that in order to detect humility, we must take a closer look at aspects of three of these traits.

    • Curiosity is linked to teachability and a desire to see one’s self accurately.
    • Engagement is linked to self-awareness and appreciation for others’ capabilities.
    • Determination is the “fierce resolve” described by Collins.

    Assessments that draw from objective data lets companies better able to understand individual capability, potential, motivation, and aspirations. This process can help companies shed assumptions and focus more tightly on the important leadership traits.

    The search for humble leadership is challenging. But for those who pursue it, the rewards are clear.

    We worked with one global company with a strong history of promoting based on tenure and very traditional professional networks. The chief human resources officer knew that things had to change to evolve the company’s approach to talent had the opportunity with an upcoming critical appointment. The head of one of the divisions was promoted to become CEO, and they needed someone to fill his vacated role.

    The CHRO asked an outside consultant to conduct an assessment of the three contenders to get a more objective perspective because leadership and the board felt there was a clear front-runner for the new role. He was already leading the biggest division and had a confident, charismatic personality. The second contender was also well regarded, known for being analytical and reliable. The third contender was the least known of the three and the least obvious choice. He was introverted and not as flashy as the others.

    Our assessment revealed that the least obvious contender turned out to be the best leader of the three. He was far more effective in developing people and engaging in the team’s commitment. He wasn’t gunning for the job, but he wasn’t fighting it, either — a product of his low ego style.

    The assumed lead candidate, it turned out, took a more top-down approach and didn’t listen as well, which led to challenges collaborating with and developing his people.

    The board decided to choose the less obvious candidate, and he successfully grew the division.

    The positive impact of humble leaders has a broad reach. Collins found that with all abilities being equal, teams of humble leaders tend to contribute more, perform better, and demonstrate greater commitment to the company. These results lay the foundation for a culture of innovation and transformation across the organization.

    How to Develop Yourself as a Humble Leader

    Individuals who are naturally humble can take steps to develop their identity and stand out in ways that are genuine to them.

    • Motivate yourself by focusing on how you are driving outstanding results instead of your own success and promote what you are doing as a way for your team to be recognized.
    • Think about what values define you as a leader such as courage, compassion, and integrity in order to develop a positive leadership identity that transcends your own personal success and helps you communicate your values as a leader.
    • Be as transparent as possible with leadership about your aspiration as a way to drive your development and avoid becoming viewed as a good soldier.
    • Developing humility requires increased self-awareness and motivation to change your mind-set and behavior.
    • Seek consistent feedback and use a coach to enable desired behavior change.
    • Deepen your motivation by connecting it to a bigger purpose and, therefore, the opportunity to make a bigger impact.

    Organizations and senior leadership within them must emphasize humility as a desired trait. That means practicing it, modeling it, rewarding it, and evaluating it when considering individuals for promotion.

    Ralph Waldo Emerson once said: “A great man is always willing to be little.” With a holistic outlook on evaluating potential, we can ensure great people rise to the top.

    Ted Ideas 1/9/2020 • Why do so many incompetent men become leaders? And what can we do about it?

    “If we want to improve the competence level of people in leadership positions, we need to improve our own competence for judging and selecting them, especially when they are men,” says organizational psychologist Tomas Chamorro-Premuzic.

    Have you ever worked with people who are not as good as they think?

    This finding won’t come as a surprise to most of us, but statistically, these people are more likely to be male than female. That’s right — men are typically more deceived about their talents than women are. And they are also more likely to succeed in their careers. That’s because one of the best ways to fool other people into thinking you’re better than you actually are is to fool yourself first.

    I’m an organizational psychologist, and I use science and technology to predict and understand human behavior at work. One of the areas that fascinate me is the relationship between gender, personality and leadership and more specifically, how gender and personality shape our choices of leaders and how those leaders then impact organizations. Discussions of gender tend to focus on the under-representation of women in leadership, which, sadly, is more or less universal.

    But a bigger problem is the fact that most leaders are incompetent. Indeed, whether in business or politics, incompetent leaders have negative effects on their followers and subordinates, causing low levels of engagement, trust and productivity and high levels of burnout and stress.

    Just google “my boss is” to see what most people think of their managers (and maybe, just maybe, you’ll feel a bit better about your manager). You’ll see words like “crazy,” “abusive,” “unbearable,” “toxic,” and other words that are too rude to repeat.

    So, the main question we should be asking is not why there aren’t more women leaders, but why do so many incompetent men become leaders?

    My research suggests there are three main reasons, and the first is our inability to distinguish between confidence and competence.

    Across cultures and countries, we tend to assume that confident people have more potential for leadership, but in any area of talent, including leadership, there is very little overlap between confidence (how good people think they are at something) and competence (how good they actually are at something).

    The second reason is our love of charismatic individuals, particularly since the explosion of mass media in the 1960s. But this has been turbocharged by the recent digital age. We appear to want leaders who are charming and entertaining, but as most of us know, there is a big difference between an effective leader and being a stand-up comedian. In fact, the best leaders are humble rather than charismatic, to the point of being boring.

    That’s why they’re rarely featured in blockbuster movies. For example, imagine a movie on Angela Merkel — she wakes up, has breakfast with her husband, goes to meetings well-prepared, lets other people talk without interrupting them, makes rational decisions, and there are no scandals about her. In contrast, there is a surplus of captivating biopics on charismatic leaders with a fascinating dark side, who end up ruining countries and organizations.

    The third and final reason for the rise of incompetent men is our inability to resist the allure of narcissistic individuals — people with grandiose visions that tap into our own narcissism. We’ve always admired famous people, but our admiration for people who admire themselves or are famous for just being famous has been rising for decades. At this rate, future generations will look back at Kim and Kanye and say, “Whoa! Weren’t they modest?”

    Much of the popular advice that focuses on helping people become leaders nurtures and promotes a narcissistic mindset: “Love yourself, no matter what”, “Don’t worry about what people think of you” or “If you think you’re great, you are.” Unfortunately, this creates a surplus of leaders who are unaware of their limitations and unjustifiably pleased with themselves. They see leadership as an entitlement and they lack empathy and self-control, so they end up acting without integrity and indulging in reckless risks. In contrast, the best leaders keep their narcissism in check. They care a lot about other people, including what they think of them, and they spend a great deal of time worrying about their reputation, which is why there are very few scandals about them.

    So, how do we stop incompetent men from becoming leaders?

    The first solution is to follow the signs and look for the qualities that actually make people better leaders. There is a pathological mismatch between the attributes that seduce us in a leader and those that are needed to be an effective leader. If we want to improve the performance of our leaders, we should focus on the right traits. Instead of falling for people who are confident, narcissistic and charismatic, we should promote people because of competence, humility and integrity. Incidentally, this would also lead to a higher proportion of female than male leaders — large-scale scientific studies show that women score higher than men on measures of competence, humility and integrity.  The point is that we would significantly improve the quality of our leaders.

    The second solution is to distrust our instincts. Most of us love our intuition, but most people are just not as intuitive as they think. In that sense, intuition is a bit like a sense of humor. Ninety percent of people think they have a fantastic sense of humor. Yet how many people are actually funny? A much lower percentage. One implication is to focus less on the impressions people make during job or media interviews, which are just an invitation to project our own biases and prejudices. Even when we have good intentions, it is not easy to overcome this.

    For example, unconscious bias training will rarely help you ignore that the person in front of you is white, female or attractive. In fact, the more you try to suppress certain thoughts from your mind, the more prominent and present they become.

    If we want to improve the quality of our leaders and help more women get to leadership positions, the last thing we should do is lower our standards when we select women. This means we shouldn’t ask women to behave more like incompetent men — for example, asking them to lean in when they don’t have the talent to back it up or to spend more time on self-promotion or advancing their own personal interests. It also means not ruling out men because they lack the traditional masculine character qualities that match our flawed archetypes of leadership.

    To the extent that we can do these things, we will end up with better leaders. However, progress starts with each and every one of us. If we want to improve the competence level of our leaders, we should first improve our own competence for judging and selecting leaders, especially when they are men.

    Thank you for reading!

  • New Year Intentions and Resources for Business

    New Year Intentions and Resources for Business

    Things you might question if they are valuable or not:

    • Staff meetings – are they just a verbal status report or is there more you could do? Can you take some of the admin items to email and spend a moment acknowledging what is going RIGHT for the team?
    • Leaning on people – do you assume that your top performers are fine because they don’t complain? Maybe check in with them to see if they are really ok and if you need to work with them to help balance the workload.
    • Trying to be perfect – is a key one for me. When I try to be perfect, I communicate that perfectionism to everyone on my team. I can be compassionate with others all day long, but if I model perfectionism within myself, that intolerance for flaws gets passed down to my team.
    • Adding things to the list – do you think you are an unlimited box of doing? Again, maybe that’s just me. The amount of things that I have on my daily to-do list far exceeds my ability to get things done.  A key trap for me is adding things to the list without taking anything off.  It’s easy to do this to ourselves and our team. If you add something to the list, perhaps take a pause and see if there’s something else you can move around to make room for it.
    • People who drain you. Do you have people in your life that you are in the habit of talking with at length that simply drains your life?  Perhaps it’s someone you’ve had in your life for a long time. It can be very tough, but maybe it’s time to let them go or back away. If you don’t have the energy to give them (think of it as a charitable donation), then don’t. You need to invest that positive energy into yourself and your team.

    Checklist for the new you in the new year.

    • Be a beginner. If you were starting your job today, what would you be looking forward to? What new skills or connections can your job give you? What would you assume is possible? Try on your role with fresh eyes and see what looks different.
    • Reverse your role. Are you a manager who works hard to take care of others? Try treating yourself the way you treat others. Are you someone who’s frustrated with tiny flaws? Look at the situation from the person’s view. Maybe a little compassion is in order.  For the major players in your world, what’s it like to be them?
    • Set your routine. What are the elements that make you feel focused and centered? I start my day with meditation, say “Happy Birthday” to my friends on social media and review the news. By the time I hit the chair for work, I feel good.  What do you need to feel ready to go each day? Give yourself that. Even if it’s only 10 minutes a day.
    • Take breaks. I know it’s hard to take breaks when we’re all working at home and there’s no walk to the water cooler. Do it anyway. Try this. Soften you’re the focus of your eyes so that what’s in front of you is fuzzy but you can still see the periphery. Take three long breaths. Feel better? You should. A hard visual focus tells your body that danger is near, while a soft-focus activates your parasympathetic nervous system causing you to relax. Try taking this 30-second break every hour or so.  I’ve been practicing it for a couple of weeks and it really helps.  I find that I need to set an alarm sometimes because if I don’t, I’ll just power through.
    • Notice the highs and lows. At the end of your day, ask yourself two simple questions.  Who or what energized you? Who or what drained you?  When I first started my company, I thought I loved project management. No. What I loved was the team engagement. I had to separate out the activity (project management) from the environment (team engagement).
    • Keep promises to yourself. Make yourself a promise to lean into the things that light you up and reduce the things that don’t. Just making that promise to leave the annoying call 5 minutes early or linger over that great article will give you so much. One advisor asked me “how would you feel if someone kept breaking promises to you?”  “Terrible,” I answered. That same concept applies to ourselves.  Do you make promises to yourself that you don’t keep? I know I do. I’m working to do better at that because it feels so good to know I can count on myself the way I know others can count on me.

    Here are some great resources to support us all in our fresh start for the New Year.

    Focusing on employee well-being boosts performance. This study draws the connection between a focus on taking care of employees and employee performance. It’s not fluffy, it’s practical and pragmatic.  Employees who are well-cared-for perform better (that includes you and me!)

    Women at work. Are you working with women? Are you a woman? This study shows how Covid has impacted women in particular. Don’t fall for the “I’m fine” response from yourself or others. Let’s have some compassion and bring good tools to the table to help us all cope better.

    How mindfulness helps engineers. Mindfulness and math geeks are not often found in the same room. This Harvard Business Review article maps the ways that practicing mindfulness helps even the most rational thinkers.

    Nine ways to have deeper conversations. One of the things I miss with Zoom calls is the chance to have that casual “how are you doing, REALLY?” conversation. This article highlights nine key ways to up your game in having deeper conversations no matter the circumstances.

  • Ways Companies Say Thank You to Workers

    Ways Companies Say Thank You to Workers

    Below are extra special & effective ways to go about saying thanks to your staff.

    Harvard Business Review 8/7/2020

    As the ongoing public health crisis has metastasized into an economic slowdown, it’s difficult for many corporations to retain and reward their people. Many firms aren’t in the position to give their employees large annual bonuses. As the former CEO of CitiMortgage and now the CEO of Caliber Home Loans, I have seen how spot bonuses can be an effective alternative: We recently paid spot bonuses to almost all our employees to reward them for their diligent work in a tumultuous year. Indeed, companies can use a spot bonus like a scalpel to stimulate feelings of satisfaction among employees, incentivize group behaviors, and build a stronger sense of solidarity. Read more here…

    A spot bonus is typically paid “on the spot” to individuals or a group of employees (and sometimes an organization’s entire workforce) for a specific behavior, action, or result. Because of their targeted nature, they tend to be a smaller amount of money than the annual incentive reward. In my experience, they typically range from a couple of hundred dollars to a few thousand. According to research done by PayScale in 2018, these are the second most commonly used form of variable pay, tied with employee referral bonuses, after annual individual bonuses.

    There are many reasons you should consider using this type of compensation at your organization.

    There’s a scientific basis to this point: In a 2001 study, neuroscientists discovered that the anticipation of monetary rewards generates a significant amount of activation in the nucleus accumbens, which is part of the “reward circuitry” of the brain. In the same study, participants self-reported that they felt happier at the prospect of monetary gain.

    If your goal is to reward employees, then try engaging their reward circuitry more often. Instead of waiting an entire year to pay a bonus, consider introducing bonuses that employees can anticipate more frequently, such as recurring spot bonuses which are based on individual performance but also tied to the performance of the company. Not only will it more regularly stimulate “satisfied” brain activity among employees, but it will also help form a mental association between the results of the firm and individual performance.  This may create more work for HR or your financial group, but your leadership team could determine the spot bonus pool for the year in advance and empower managers to allocate them accordingly throughout the year.

    Second, a spot bonus may improve team performance, especially if recipients are encouraged to spend this money on others. Because of the pandemic, many people are working longer hours and often doing so in isolation. Yet there is an increasing amount of research that indicates that interpersonal relationships can serve as a source of satisfaction at work. In a 2013 study, salespeople at a pharmaceutical company were divided into groups, those who received personal bonuses and those who got prosocial bonuses who were encouraged to spend these bonuses on others.

    Those who received prosocial bonuses spent more money buying gifts for each other like lunches for colleagues. These teams outperformed those that didn’t receive the prosocial bonuses. “When organizations give employees the opportunity to spend money on others … both the employees and the company can benefit, with increased happiness and job satisfaction and even improved team performance,” conclude the authors of the study. These findings suggest that you could pay prosocial spot bonuses that are meant to be gifted, in an effort to boost performance.

    Third, a spot bonus is an opportunity to demonstrate your organization’s priorities. Don’t just make it about the money. It’s not enough to only remit payments. You also have to explain how these bonuses are being paid because the firm is meeting its objectives. When my firm paid spot bonuses to almost all of our employees last year, we held an offsite in which we addressed the state of our business, described various transformation initiatives that were currently underway, and answered employee questions. Giving such a bonus presents an opportunity because you will have everyone’s attention, and they’re more likely to be open to what you and other leaders have to say. This is the time to share your vision, address queries, and inspire action.

    In this period of pandemic and recession, a spot bonus is a way to help employees through difficult times, as well as boost performance and morale.

    Spot Bonuses

    Extraordinary achievement tied to a major goal. It’s worth crowing about, and that’s just what a Spot Bonus Award does. Spot Bonuses provide recognition for employees who take their game to a whole new level.

    The monetary value of a Spot Bonus Award varies based on the achievement. In general, the range is $300 to $3,000, which may include a departmental contribution.

    Insperity

    Employee recognition ideas:52 epic ways to give rewards

    Bonusly

    65 Creative Employee Reward Ideas

    Vantage Circle 10/6/2020

    33 Amazing Employee Appreciation Ideas

    RevUnit 4/8/2020

    How (and why) to Effectively Thank Your Employees: Employees who feel appreciated are more engaged—and organizations with highly engaged employees are 21% more profitable, according to a Gallup survey. Read more here…

     Society of Human Resource Management (SHRM)

    How do you Say Thank-You’s to Employees

    Lighthouse: Leadership & Management

    How to thank your employees in 5 simple, effective ways

    Great Places to Work Institute

    6 Effective Ways to Show Employees you Appreciate Them

  • October Reading and Watching

    October Reading and Watching

    In a recent newsletter, I wrote about self-care. Now, I’d like to talk about creating a great working environment through TRUE collaboration. Not, “I cc’d you on the email and invited you to the meeting” collaboration,” but rather, the kind of deep collaboration that turns “my project” into our “our achievement.”

    Being deeply connected to our peers, colleagues, and employees are always important, especially when we all have to work a little harder to stay connected.

    Helpful resources The Art True Collaboration piece…

    Habits of Great Managers

    Insights on Organizational Behavior – from the real world!

    Making things Better by Making Them Worse – a guide to dealing with negative people

    Other resources and why I use them

    First Break All the Rules – a quantitative study that shows what makes a good workplace (spoiler, it’s the same 10 things around the world). Key motivators are seeing a higher purpose in what you do, having a clear direction on your responsibilities, AND the tools to achieve them, as well as having someone care about your personality at work. A good primer for any leader.

    Delivering Happiness – a bird’s eye view on how Zappos created arguably the best customer service culture on the planet.

    Quiet – THE best book that was ever written about introverts’ power and value and how to tap into that power with your team. A MUST READ for every leader.

    Brené Brown – the authority on courage and vulnerability. Her whip-smart unassailable facts are combined with homespun honest anecdotes that have illuminated key ideas and continue to inspire me.

    The Person You Mean to Be – order this now – the book is by an excellent team of great thinkers who created this guide to overcome bias and be the person you mean to be at work.

    Making things better by making them worse.

    Good luck!