How do people contribute to the success of our business?
Workforce alignment requires -
The right types of people,
In the right places at the right times,
Doing the right things right.
A company with the right types of people has employees with the knowledge and skills necessary to help that company achieve its goals.
9. Family Like Community
3 different strategies used to motivate people
Family Like Community employees are motivated primarily out of a sense of responsibility to one another and the company;
Interesting & Rewarding Jobs employees are provided with challenging work opportunities and chances to learn and grow; and
Fair Compensation Companies use compensation to motivate people & pay higher wages than their competitors. They also use incentives to attract, reward, and retain their people.
Creating a Family Like Community were found by the Cornell researchers as strongly and positively related to creating the best, long-term workforce alignment.
10. Alignment Enhances Productivity and Profit
Doesnt it make sense that -
An aligned workforce increases productivity and profit,
We need to better understand our employees to further drive the success, growth, and performance of our business.
A study of large publicly traded firms, found that companies using high performance human resource practices have market values that range from between $16,000 and $40,000 per employee higher than firms that do not use such practices.
11. Aligning Your Company Practices to Motivate People to do the Right Things Right Requires You To -
Develop your companys long-term strategy and plan with your employees
Develop a comprehensive orientation program for all new employees;
Hold company-wide meetings to share information about the company with your employees on a quarterly basis & openly share information with your employees regularly;
Sponsor company social events;
Work hard to create a strong social environment at work; and
Offer profit or gainsharing pay.
12. How Employees (& Owners ) Think
There are 3 ways we can think about anything
Our head systems & structure
Our hands practical, lets get it done
Our heart empathy, the impact on others
Each of us has a different balance of these 3 styles & explains why our decisions and actions are different.
The way we make decisions & how we use them are at the core of who we are. They are key to our preferences, our strengths, and our weaknesses.
If you know your strengths, how can you use them to positively influence the company?
How does knowing that help to ensure that employees can contribute more (or less) to certain desired activities?
We know that balanced decisions involve each of these 3 styles.