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Creating An Amazing Company Through Engagement & Purpose We Believe…in a new way of doing business

Creating an Amazing Company through Engagement: Karin Volo

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Page 1: Creating an Amazing Company through Engagement: Karin Volo

Creating An

Amazing CompanyThrough

Engagement & Purpose

We Believe…in a new way of doing business

Page 2: Creating an Amazing Company through Engagement: Karin Volo

• 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

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Karin Volo

On the way up after four years in horror

Happiness on the job gives good results

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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!

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– 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:

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•Why are certain companies doing so well? •What are they doing differently?

Our research…

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The Most Amazing Company Models

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• 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…

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Disengagement is a disease.Complacency is a cancer.

Why Engagement MattersOur old ways of working aren’t working

anymore…

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• 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

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633,000,000 hits261,000,000 hits67,100,000 hits

314,000,000 hits

1,275,100,000 total

What Does Google Say…

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Disruptive Changes & Future Trends

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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.

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“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

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174 newspapers worth of information

4 Generations

working longer

Mass exodusMajor Value Gap

2. Demographic Changes

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By 2014,

Millennials(born between 1977 and 1997)

will account for half of all the employees

in the world~Harvard Business Review

Generation Y

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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?

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• economic growth• workforce effectiveness• employee turnover• chronic skills gaps

Focus on the problems…

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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

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Actively working with employee engagement and recognition generates:

27% higher profits 50% higher sales 50% higher customer loyalty

~Gallup 2013

Why Engagement Works…

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Comparative Annualized Stock Market Return

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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?

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The 5 Cultural Keys

The Front Line Is The Bottom Line ~Southwest Airlines

Goes Beyond Teamwork

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The 5 Cultural Keys

Innovation and a sense of

Continually Improving

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The 5 Cultural KeysShared Values & Purpose

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The 5 Cultural Keys

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The 5 Cultural Keys

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The 6 P’s Model

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BIGGER PURPOSE

The Foundation

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What is the difference between a

mission and a purpose?

Discovering Your Purpose

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Mission = WhatPurpose = Why

The Golden Circle

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Lack of engagement is a

lack of purpose

People buy what they help create!

Lack of Purpose

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CommunityGrowthMeaning

What Motivates People Today?

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Purpose Statementa purpose is a

definitive statement about the difference you are committed to

make in the world

It is who you really are!

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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

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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

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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

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Pushing Humanity Forward

“We stand for ideas and products that allow human beings to live healthier, happier lives.”

Mindvalley

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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

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Great things happen from

the inside.

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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.

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3 Words Question

What are three words that describe the essence your company or who you are?

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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…

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It’s time to createsustainable business models with purposedriven companiesthat are good for the people, planet, as well as the profits.

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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…