Book Read Free

In Great Company

Page 21

by Louis Carter


  14. Sim B.Sitkin, C. Chet Miller, and Kelly E. See, “The Stretch Goal Paradox,” Harvard Business Review, January 2017, https://hbr.org/2017/01/the-stretch-goal-paradox.

  15. Unless otherwise noted, in this chapter all quotes and paraphrased material attributed to James Citrin are from my interview with Citrin on March 7, 2018.

  16. Kavita Kumar, “Best Buy Moves from Renew Blue Turnaround to Growth Phase.” Star Tribune, March 4, 2017, http://www.startribune.com/best-buy-moves-from-renew-blue-turnaround-to-growth-phase/415357004/.

  17. Bill Taylor, “How WD-40 Created a Learning-Obsessed Company Culture,” Harvard Business Review, September 16, 2016, https://hbr.org/2016/09/how-wd-40-created-a-learning-obsessed-company-culture.

  18. Best Buy, Renew Blue, November 12, 2012, p. 28, https://corporate.bestbuy.com/wp-content/uploads/BestBuy_Web_FINAL.pdf.

  19. Unless otherwise noted, in this chapter all quotes and paraphrased material attributed to Tom Kolditz are from my interview with Kolditz on March 28, 2018.

  20. Kris Duggan, “Six Companies That Are Redefining Performance Management,” Fast Company, December 15, 2015, https://www.fastcompany.com/3054547/six-companies-that-are-redefining-performance-management.

  21. John Doerr, “When John Doerr Brought a ‘Gift’ to Google’s Founders,” Wired, April 24, 2018, https://www.wired.com/story/when-john-doerr-brought-a-gift-to-googles-founders/; and John Doerr, Measure What Matters, Portfolio Penguin, New York, 2018.

  22. Josh Bersin, “Becoming Irresistible: A New Model for Employee Engagement,” Deloitte Insights, January 26, 2015, https://www2.deloitte.com/insights/us/en/deloitte-review/issue-16/employee-engagement-strategies.html#endnote-44.

  23. Eric Fink of Jazz Pharmaceuticals, interview with the author on September 8. 2017.

  24. Visa, “Client Story: Visa University,” Watershed, https://www.watershedlrs.com/visa-university-client-story.

  25. John Donovan and Cathy Benko, “AT&T’s Talent Overhaul,” Harvard Business Review, October 2016, https://hbr.org/2016/10/atts-talent-overhaul.

  26. Ritz-Carlton, “The Upside of Daily Line-up,” Ritz-Carlton Leadership Center blog, December 3, 2014, http://ritzcarltonleadershipcenter.com/2014/12/upside-daily-line-up/.

  27. “Cheesecake Factory Cooks up a Rigorous Employee Training Program,” South-Western, last modified 2006, http://www.swlearning.com/management/hrm_news/training_0706_01.html.

  28. Nicci Strong, “‘Gamifying’ Training [with the Cheesecake Factory],” EnGaming, June 15, 2012, https://engaming.wordpress.com/2012/06/15/gamifying-training-with-the-cheesecake-factory/.

  29. Unless otherwise noted, in this chapter all quotes and paraphrased material attributed to Admiral Mark T. Guadagnini are from my interview with Admiral Guadagnini on May 8, 2013.

  30. Carol S. Dweck, Mindset: The New Psychology of Success, Ballantine, New York, 2006.

  31. Sarah Bond and Dr. Gillian Shapiro, Touch at the Top? New Rule for Resilience for Women’s Leadership Success, Business Sake Consulting Ltd & Shapiro Consulting Ltd., 2014, https://forbusinessake.files.wordpress.com/2014/11/tough_at_the_top.pdf.

  32. American Management Association (AMA), Agility and Resilience in the Face of Continuous Change, AMA, last modified 2006, https://www.amanet.org/images/hri-agility06.pdf.

  33. David Kiger, “Resilience Is Essential for Long-Term CEO Success,” Business 2 Community, April 3, 2017, https://www.business2community.com/leadership/resilience-essential-long-term-ceo-success-01811657.

  34. Susan Sorenson, “How Employees’ Strengths Make Your Company Stronger,” Gallup, February 20, 2014, https://news.gallup.com/businessjournal/167462/employees-strengths-company-stronger.aspx.

  35. Jim Asplund, James K. Harter, Sangeeta Agrawal, and Stephanie K. Plowman, “The Relationship Between Strength-Based Employee Development and Organizational Outcomes,” Gallup, July 2016, https://static1.squarespace.com/static/577a17d9d482e9e2bce9bc68/t/58d4e81a20099e1b037cbced/1490348060515/2015+Relationship+between+Strengths-based+employee+development+and+organizational+outcomes+-+Gallup+StrengthsFinder+Singapore.pdf.

  36. Henry Stewart, “8 Companies That Celebrate Mistakes,” LinkedIn, June 8, 2015, https://www.linkedin.com/pulse/8-companies-celebrate-mistakes-henry-stewart/.

  37. Richard Branson, “You Learn by Doing and by Falling Over,” Virgin, October 27, 2014, https://www.virgin.com/richard-branson/you-learn-doing-and-falling-over.

  38. Andrew P. Hill and Thomas Curran, “Multidimensional Perfectionism and Burnout: A Meta-Analysis,” Personality and Social Psychology Review, vol. 20, no. 3, 2015, pp. 269–288, http://journals.sagepub.com/doi/abs/10.1177/1088868315596286.

  39. “The Employee Burnout Crisis: Study Reveals Big Workplace Challenge in 2017,” Kronos Incorporated, January 9, 2017, https://www.kronos.com/about-us/newsroom/employee-burnout-crisis-study-reveals-big-workplace-challenge-2017.

  40. Fawn Johnson, “These Companies Know How to Treat Employees Right,” Atlantic, December 9, 2014, https://www.theatlantic.com/business/archive/2014/12/these-companies-know-how-to-treat-employees-right/425868/.

  Chapter 8

  1. Marshall Goldsmith and Sal Silvester, “Stakeholder Centered Coaching Model,” Stakeholder Centered Coaching: Maximizing Your Impact as a Coach, THiNKaha, Cupertino, CA, 2018.

  * * *

  INDEX

  * * *

  Please note that index links point to page beginnings from the print edition. Locations are approximate in e-readers, and you may need to page down one or more times after clicking a link to get to the indexed material.

  A

  Abney, David, 68

  Accountability, 75, 128–133, 161

  Adobe, 169–170

  Affective commitment

  definition of, 24

  as emotional bond, 24

  ownership dynamic in, 25

  reciprocity factor of, 25

  “we are in this together” element of, 25

  Alignment of values, 13, 26

  active practicing of, 121–125

  Behar on power of, 111

  benefit of, 132, 133

  business case for company values in, 42, 131

  business strategy tie to, 43

  “clear active questions” for, 192

  confidence and competence in, 40

  core value cocreation in, 111

  corporate value exemplification in, 41–42

  definition of, 110

  employee connection in, 110

  executive sponsorship and support lack barrier in, 115–116

  executive summary of, 133, 203

  fast change barrier in, 114–115

  5 Cs in, 39–40

  hiring process for, 125–128

  human factor in, 114

  Johnson & Johnson’s ethical decision-making in, 112–113

  leader self-assessment for, 196

  meaning in, 112

  meaningful and memorable making of, 117–121

  measuring in, 42–43, 128–132

  millennials connection in, 112

  organizational success component of, 112

  Patagonia counterintuitive strategy in, 109–110

  research on, 112

  respect in, 139

  setting tone in, 40

  short-term thinking barrier in, 115

  “values chain” creation in, 40, 43

  Values Pyramid for, 41

  Wells Fargo poor example of, 116

  Zappos as role model for, 116–117

  Amabile, Teresa, 84

  Amazon, 35, 37, 91, 166

  American Psychological Association (APA), 83, 180

  Apple, 32, 120, 164, 167

  Arena, Michael, 73, 74, 96, 101–102

  Ariely, Dan, 162

  Atlassian, 12, 60–61, 62

  inclusion and diversity reporting in, 150

  openness as core value in, 69

  team playbook of, 72–73

  total revenue of, 69

  AT&T, 96–97, 174

  B
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  Baker, Wayne, 74

  Barry-Wehmiller, 20, 44

  Barton, Dominic, 150

  Behar, Howard, 111, 118, 135–137, 142, 145–146

  Benioff, Marc, 36–37

  Best Buy, 14, 165, 178

  Amazon price matching in, 166

  five goals of, 168–169

  flexibility in, 167–168

  “Renew Blue” at, 166, 179

  turnaround phase of, 167

  website improvement in, 166

  Best Practice Institute (BPI), 2, 98

  Best Practices Playbook

  alignment of values in, 203

  in In Great Company model, 15

  killer achievement in, 204

  positive future in, 202

  respect in, 203

  systemic collaboration in, 201–202

  Bezos, Jeff, 35, 37, 106

  “Big Hairy Audacious Goal” (BHAG), 118, 176–177

  Big River Steel, 13, 92

  artificial intelligence use in, 82–83

  as “Flex Mill,” 177

  future orientation of, 82

  hiring in, 177

  individual empowerment in, 82

  innovation in, 82, 177

  meaning delivering in, 90

  passion leveraging of, 88–89

  positive future grand opening focus of, 81–82

  rebel mentality at, 82

  “think big” goal of, 176

  values in, 177–178

  Blake, Frank, 157

  Blockbuster, 159

  Bose Corporation, 11

  BPI. See Best Practice Institute

  BPI Talent Consortiums, 2, 57–58

  Branson, Richard, 40, 182

  Bula, Mark, 81–82

  Burke, James, 113

  C

  Cannon-Brookes, Mike, 69

  Change, positive, 29–30, 92, 149

  acceptance and managing ability in, 93

  emotional labeling in, 94

  fear of, 93

  old norm celebration in, 94

  pain acknowledging in, 94

  positive deviance approach and steps in, 95–96

  positive vision for, 93

  reframing of, 94

  reinvention in, 93

  self-examination in, 96

  talent transformation in, 96–97

  Chapman, Bob, 44

  Cheesecake Factory, 174–175

  Citrin, James, 93, 165, 180

  Collaboration, 1, 6, 31, 63–64, 72. See also systemic collaboration

  Collins, Jim, 111, 118, 176

  Communication, 69, 103, 154–155, 168–169, 188

  Conant, Doug, 157

  Conflict resolution, 79

  consensus building in, 75–76

  divergence and convergence in, 76–77

  empathetic statement use in, 77

  fair process use in, 75–76

  interpersonal differences handling in, 76

  Mitchell on, 75–76

  negative emotions addressing and labeling in, 77

  psychological safety in, 78

  solution commitment in, 76

  Voss’s advice on, 77–78

  Conley, Chip, 132

  Cook, Tim, 32

  Cote, David, 40

  Covey, Stephen, 47

  Cross, Rob, 56, 74

  Csikszentmihalyi, Mihaly, 84–85

  D

  Doerr, John, 171

  Drucker, Peter, 148

  Dweck, Carol, 180

  E

  EC. See Emotional connectedness

  ECI. See Emotional Connectedness Index

  Edmondson, Amy, 23–24, 58

  EI. See Emotional intelligence

  Emotional connectedness (EC), 31, 162, 193

  affective commitment as creation and result of, 24–25

  art and science of, 11

  benefits of, 19

  competitive advantage of, 27–28

  culture change challenge in, 26

  definition of, 6

  drum circles facilitation of, 17–18

  EI contrasts and similarities with, 21–22, 39

  five prescriptive elements of, 18

  In Great Company model of, 1, 4, 6, 193

  human craving of, 7–8

  intrinsic need fulfillment in, 19–21

  key concepts in, 15

  leadership challenge in, 25–26

  Maresca on, 11

  open and flexible structure challenge for, 26–27

  organizational benefit of, 20–21

  as performance and engagement lever, 6

  psychological safety creation of, 22–24

  psychological well-being and mental health impact of, 20

  as reciprocal and cumulative, 18

  reinforcing dynamic of, 29

  research on, 10–11

  respect overlap with, 5, 139

  satisfaction and intellectual alignment in, 6

  sense of belonging element in, 19–20

  Seppälä on, 20

  studies on, 20

  in workplace, 6–7, 29, 110

  workplace disconnect in, 5

  Emotional Connectedness Index (ECI), 117–118

  Emotional intelligence (EI)

  critique of, 22

  EC contrasts and similarities with, 21–22, 39

  five domains of, 21

  as leadership idea, 21

  Welch on, 21

  Emotional Intelligence (Goleman), 153

  Emotional labeling, 77, 94

  Empathy, 51, 68–69, 77, 124, 157–158

  Employee engagement programs, 6–7, 97–98, 138, 171

  leader loss in, 9

  underperformance of, 8–9

  wrong incentives in, 9

  Employees, 9, 49, 90, 128

  collective success of, 1

  connection of, 3, 110

  cost of replacing, 8

  engagement programs and, 7

  health and wellness programs benefit for, 20

  inertia as contagious in, 8

  performance motivation question for, 4–5

  pulse survey for, 199–200

  respect and, 44, 144, 152

  Equal airtime, 79

  adopting norms in, 63

  alpha bullies in, 63–64

  “amplification” strategy in, 62

  challenger role in, 65

  collaboration killers addressing in, 63–64

  conversation monitoring in, 32–33

  diverse teams in, 62

  focus maintained in, 65–66

  ground rule establishment in, 64

  icebreaker use in, 64

  as management priority, 63

  mindful listening link to, 66

  mirror role in, 65

  mover role in, 65

  open-ended question use in, 64

  personal and business perspective use in, 62–63

  slackers in, 64

  socializing opportunities in, 64

  steamrollers in, 63

  supporter role in, 65

  team role balancing in, 65

  F

  Fairness, 32, 75–76, 147

  Feedback, 104, 170–171

  Fink, Eric, 126–127, 132, 171–173

  Fishel, Brian, 66–67

  Ford, Henry, 36

  G

  Gates, Bill, 36

  General Electric (GE), 21, 54, 125

  General Motors (GM), 73, 74, 96

  Girl Scouts of USA, 151

  change process in, 149

  future vision of, 148

  inclusion turnaround in, 148–150

  minority girl appeal of, 148

  GM. See General Motors

  Goldsmith, Marshall, 104, 189

  Goleman, Daniel, 21, 153

  Google, 23, 53, 100–101, 164, 171

  Guadagnini, Mark T., 175, 179

  H

  Hackett, Jim, 99

  The Happiness Track (Seppälä), 20

  Hastings, Reed, 159

  Hesselbein, Fran
ces, 148–151

  Hierarchy of Needs, 19–20

  Hill, Robert, 148

  Home Depot, 157, 178

  Hsieh, Tony, 120, 126

  I

  Igloo Products, 124

  Igor, Bob, 97

  In Great Company model, 138

  being in, 2

  best practices in, 14

  Best Practices Playbook in, 15

  “clear active questions” for, 191–192

  coach responsibilities in, 189–190

  coaching culture in, 188

  communication strategy creation in, 188

  competitive advantage of, 27–28

  data use in, 4

  EI and, 21–22

  emotional connectedness in, 1, 4, 6, 193

  employees in, 9

  everyday practice in, 190–193

  five core elements of, 11–14

  five steps in, 186

  goal setting in, 187–188

  immediate action in, 185

  individual dimension in, 186–187

  leader responsibilities in, 189–190

  leadership element in, 9, 15, 29

  measurement in, 190

  as ongoing endeavor, 185

  organization dimension in, 187

  overall spark score dashboard use in, 190–191

  performance and loyalty in, 10

  positive dynamic creation in, 3–4

  problem statement in, 187

  self-assessments and pulse surveys in, 190

  self-awareness importance in, 186

  Spark Model for Peak Performance in, 12

  stretch goals in, 187–188

  success element in, 14

  Inclusion

  as business priority, 151

  definition of, 147

  disagree and dissent freedom in, 150–151

  Girl Scouts of USA example of, 148–150

  in innovation, 100–101

  measuring and monitoring of, 149–150

  respect in, 46, 147–151

  studies on, 147–148

  Wegmans and, 148

  Information free flow, 79

  cross-functional teams in, 71

  customers and suppliers in, 72

  knowledge and open communication in, 69

  knowledge hoarding in, 70

  leadership position as incentive in, 70–71

  middle management in, 71–72

  public transparency in, 72

  recognition as incentive in, 70

  respect as incentive in, 70

  silo elimination in, 71

  ING Group, 53–54, 73

  Innovation, 55, 177

  big picture focus in, 99

  competition and contest creation in, 101

  culture in, 98

  employee engagement in, 97–98

  future thinking and present concerns balancing in, 99

 

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