Phil's Personal Finance Tip of the Day:
Rewarding Employees Reaps Company Rewards
November 20, 2012 By
According to various surveys, seven out of eight people go home every night with a feeling that they work for an organization that doesn’t care about them. That equates to 130 million people in the United States who go home feeling somewhat used and abused, and with a sense that they don’t matter.
Enter Robert Chapman, CEO of Barry-Wehmiller, a leading provider of manufacturing technology, engineering and consulting solutions. He is a disciple of Truly Human Leadership, a leadership model that is all about people, purpose and performance. His vision is to send people home every night feeling fulfilled. Barry-Wehmiller has 7,000 team members through 58 acquisitions with $1.6 billion in sales.
Chapman is focused on allowing employees to discover, develop, share and be appreciated for their gifts. (You can find his blog at http://www.trulyhumanleadership.com/.) Employees are routinely solicited for their ideas.
In the company’s leadership model, it attempts to shine a light in every corner of its business and look for the goodness in people. To help, it has created several award programs. One award is the Guiding Principles of Leadership SSR Award. Chapman is a car nut and had a Chevrolet SSR truck that he offered to one of his plants. The winner gets to drive it for a week. The program worked and expanded, so the company now has 17 SSR trucks.
“Everybody is nominating people,” Chapman said. “In a plant of 450 people, we had 120 to 180 nominees.
Think of this: People took the time to talk about the goodness in other people.”
For every nominee, the company sends a letter to the employee’s home, saying, “Your husband/daughter/son/brother/mother was nominated for their goodness. And let me tell you what people said about them.” Then it’s a secret when the winner is picked. The family is invited to the ceremony as a surprise.
Chapman said he’s interviewed about 300 people who have won this award around the country. They tell him it’s so significant because it’s from their peers. Award winners are often asked about their SSR truck by friends, and they describe the leadership award they won. And every time people say, “I wish I worked for a company like that.”
To read the entire article from Harvey Mackay.com:
http://harveymackay.com/column/rewarding-employees-reaps-company-rewards/
Mackay’s Moral: People are judged by the company they keep. Companies are judged by the people they keep.
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