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Good Company = Great Results Laurie Bassi

Good Company = Great Results Laurie Bassi. Agenda. Hard-nosed evidence: It pays to be “good” Three things you must get right Creating your: TO DO list TO STOP list 4. Gems of wisdom. The Good Company Index™. We have ranked 300 of the largest publicly traded firms as:.

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Good Company = Great Results Laurie Bassi

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  1. Good Company = Great Results Laurie Bassi

  2. Agenda • Hard-nosed evidence: It pays to be “good” • Three things you must get right • Creating your: TO DO list TO STOP list 4. Gems of wisdom

  3. The Good Company Index™ We have ranked 300 of the largest publicly traded firms as:

  4. “Good Companies” Outperform Their Competitors

  5. “Good Companies” Outperform Their Competitors

  6. Question Our company’s primary strength is as a: • Employer • Seller • Steward

  7. Here’s how your EMPLOYEES would answer My company’s primary strength is as a: • Employer 8% • Seller 69% • Steward 23%

  8. “People Companies” outperform the market average Boston Consulting Group/WFPMA, From Capability to Profitability: Realizing the Value of People Management (July 2012)

  9. We’ve invested on these insights for 11+ years

  10. It is impossible to achieve sustainable competitive without being a “Good Employer”

  11. Three Things You Must Get Right on the “People Side” of Your Business

  12. The 3 Essentials Shared by All “Good Employers” Inspiring Good Employer Committed Exacting

  13. Question Our greatest strength as employer is that we are: • Inspiring • Committed • Exacting

  14. Inspiring People work harder & more effectively when their work affords them the opportunity to: 1. Learn 2. Help others

  15. Inspiring

  16. Inspiring Source: Adam Grant, Wharton School, as discussed in New York Times Magazine, March 31, 2013.

  17. Inspiring Source: Adam Grant, Wharton School, as discussed in New York Times Magazine, March 31, 2013.

  18. Committed Employees’ “discretionary effort” hinges on Reciprocity

  19. Committed Ultimate Software’s 2008-2009 “no layoff policy” has had a big payoff

  20. Committed

  21. Questions Where have you had great success in? • Truly engaging your employees • Investments in your employees that have generated a significant ROI

  22. Exacting • Rigorous understanding of the human drivers – and impediments to – how value gets created: • Moving beyond HR’s conventional wisdom • Demanding that HR become more strategic & fact-based • A “smarter” employee survey is the place to start

  23. Exacting: The People Index®

  24. Exacting: The People Index®

  25. The people side of your business is too important to be left to be managed by guesswork and conventional wisdom.

  26. What are the things you need ...? TO DO to become a Good(er) Employer? TO STOP?

  27. Summing Up

  28. Summing up • The people side of your business is too important to be to be managed by guesswork & conventional wisdom. • Learning is an economic elixir – invest in it. • Employees who know how their efforts help others are more productive.

  29. Getting concrete: next steps • Assess where you are – strengths/weaknesses • Identify top areas of opportunity • Take actions to improve in those areas

  30. Good Company self-assessment • 2 minutes, instant feedback online at: • bit.ly/self24

  31. Laurie Bassi lbassi@mcbassi.com

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