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Creating An
Amazing CompanyThrough
Engagement & Purpose
We Believe…in a new way of doing business
• 15+ years working with Executive Search• VP in the US, started up new company in Europe• Coaching, Mentoring, Personal & Organizational
Development• Chief Joy Bringer, Co-Founder to Evoloshen• International Best Selling Author
Karin Volo
Karin Volo
On the way up after four years in horror
Happiness on the job gives good results
Have helped individuals and companies going through transitions
Too many people are unhappy in their work
Wanted to help companies keep their people instead
Discovered a formula that we wanted to share with others about a new way of doing business
Why we wrote Engage!
– to have full attention, commitment, enthusiasm, passion, and purpose for your work, to be wholeheartedly involved in and contribute positively to an organization.
Definition of Engage:
•Why are certain companies doing so well? •What are they doing differently?
Our research…
The Most Amazing Company Models
• Why Engagement Matters• Global Trends & Disruptive Changes • The 5 Cultural Keys to Creating a
Most Amazing Company• Discovering Your Purpose
Today we’re going to cover…
Disengagement is a disease.Complacency is a cancer.
Why Engagement MattersOur old ways of working aren’t working
anymore…
• 71% of employees are disengaged ~Gallup 2013
• 84% of employees intend to actively seek a new position. ~Right Management
• Disengagement is costing companies $450-$550 billion annually in lost productivity ~Gallup 2013
Current Workforce Situation
633,000,000 hits261,000,000 hits67,100,000 hits
314,000,000 hits
1,275,100,000 total
What Does Google Say…
Disruptive Changes & Future Trends
1. Technology Changes
In the 19th century, the Industrial Age moved workers from an agricultural to a production model.
In the 20th century, we experienced another revolution as the Information Age moved workers from factories into offices.
In the 21st century, we are in the midst of a virtual Transformation Age where the internet and technology are redefining our workplace yet again.
“Change is not linear, it’s exponential.”
~Ray Kurweil
• one billion new users online • more than four billion new people using cell phones.
Accelerated Change
174 newspapers worth of information
4 Generations
working longer
Mass exodusMajor Value Gap
2. Demographic Changes
By 2014,
Millennials(born between 1977 and 1997)
will account for half of all the employees
in the world~Harvard Business Review
Generation Y
Lack of retention & loyalty in a company• 150% of the employee’s annual compensation figure, up to 400% for managers
Decrease in productivity and profits• stress costs businesses $300 billion a year.
What Does This Mean?
• economic growth• workforce effectiveness• employee turnover• chronic skills gaps
Focus on the problems…
The Solutions – Cultural Hacking
You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. ~ Buckminster Fuller
Actively working with employee engagement and recognition generates:
27% higher profits 50% higher sales 50% higher customer loyalty
~Gallup 2013
Why Engagement Works…
Comparative Annualized Stock Market Return
A Company that: is very deliberate in how they are doing business has a Bigger Purpose leads with the WHY has Raving Fans
… is becoming a “Conscious” Company by building a sustainable business that focuses on the triple bottom line.
What is A Most Amazing Company?
The 5 Cultural Keys
The Front Line Is The Bottom Line ~Southwest Airlines
Goes Beyond Teamwork
The 5 Cultural Keys
Innovation and a sense of
Continually Improving
The 5 Cultural KeysShared Values & Purpose
The 5 Cultural Keys
The 5 Cultural Keys
The 6 P’s Model
BIGGER PURPOSE
The Foundation
What is the difference between a
mission and a purpose?
Discovering Your Purpose
Mission = WhatPurpose = Why
The Golden Circle
Lack of engagement is a
lack of purpose
People buy what they help create!
Lack of Purpose
CommunityGrowthMeaning
What Motivates People Today?
Purpose Statementa purpose is a
definitive statement about the difference you are committed to
make in the world
It is who you really are!
Reach the heads and the hearts of the people in ways that both inspire people to take meaningful action and
live by the values for the growth of the business
Purpose Statement
One For One
“TOMS is in business to help improve lives. We identify a global need and create products to help address them. This simple idea is what makes us more than a company – we’re a movement that’s continually evolving.”
TOMS
Whole Foods, Whole People, Whole Planet
“Our deepest purpose as an organization is helping support the health, well-being, and healing of both people — customers, Team Members, and business organizations in general — and the planet.”
Whole Foods
Pushing Humanity Forward
“We stand for ideas and products that allow human beings to live healthier, happier lives.”
Mindvalley
Freedom To Fly
“We exist to connect people to what’s important in their lives through friendly, reliable, and low-cost air travel.”
Southwest Airlines
Great things happen from
the inside.
1. Strengths & Stories2. Collaboration & Aligned Values3. Orient Your Calling /Who You Serve4. Realizing Your Purpose Statement5. Executing Your Purpose
Discovering Your Purpose – S.C.O.R.E.
3 Words Question
What are three words that describe the essence your company or who you are?
By focusing on the difference that the organization makes in the lives of the people it serves, an organization can find common ground on higher ground.
Lifting It Up…
It’s time to createsustainable business models with purposedriven companiesthat are good for the people, planet, as well as the profits.
Karin VoloChief Joy [email protected]+46 (0)70 301 1968
Our Purpose: Bringing joy to the workplaceOur Vision: To make this the norm, not the exception.
www.Evoloshen.com
Stay in Touch…