Home Leadership Turn Archives Me RampUp Solutions Option Sanity
 


  • Categories

  • Archives
 
Archive for the 'Retention' Category

Golden Oldies: Vested Self-interest In Action

Monday, December 12th, 2016

It’s amazing to me, but looking back over more than a decade of writing I find posts that still impress, with information that is as useful now as when it was written. Golden Oldies is a collection of what I consider some of the best posts during that time.

To truly understand this post, you need to click the link and read the original explanation of VSI. VSI isn’t particularly original, but it is rarely called that — people prefer nicer or more professional sounding euphemisms. And that’s OK; I just prefer to opt for clarity and simplicity — which is why I’m considered too blunt.

Read other Golden Oldies here.

vsi-successTuesday I shared my version of VSI, the main ingredient in motivational sauce, and today I want to tell you a story about how it works.

Earlier this year I was working with a client, Jim, on various management approaches, such as offering good feedback and open sharing of all information, i.e., not dribbling it out over multiple requests, that he wanted to integrate into the company culture. During the conversation he asked me “What can I do to open the minds of some of my managers?”

Unfortunately, there is really nothing you can do to force a person to change the way they think, but there is much you can do to encourage it. I honestly believe that the fastest, as well as the most potent, way to encourage change is good old VSI.

I used to believe that people had to perceive the need for change before they could change, but based on experience I’ve found that if they see benefits to themselves from doing things differently they will start moving in that direction and the results can be almost surreal.

Jim had a manager who was known for making his people come to him constantly to get the information necessary to do the work they were assigned. His attitude/actions resulted in higher-than-normal turnover in his group, but he insisted that he wasn’t doing anything and people could get the information at any time, so there was no correlation.

Using VSI, Jim and I worked out a two-prong approach to change his behavior.

  • 20% of his annual bonus was tied to reducing his group’s turnover by 30% (which would bring it in line with the company as a whole); and
  • Jim started doing to the manager as he did to his group by forcing him to come and ask and then dribbling out the information he needed to meet his targets.

Part of the manager’s reaction was straightforward—he grumbled a bit about the retention bonus. But the surreal part was in his reaction to the information plug—nothing, not a word or an action to acknowledge what was going on.

However, he must have noticed, because within days of it starting he was giving more complete information to his people.

Not all at once and not very graciously, but he loosened his hold on the information flow, so did Jim. If the manager backtracked Jim tightened up and the manager learned that to get he had to give.

At first, his people were cautious, not really trusting the new openness, but after about a month the results started and after six weeks they took off like a rocket—productivity and retention zoomed north, while grumbling and discontent headed south and on into oblivion.

But the surreal part is that, in spite of his people commenting publicly on how differently he was handling assignments, meetings, etc., to this day the manager claims that nothing changed and certainly not him.

Image credit: Street Sign Generator

Entrepreneurs: Motivational ‘Duh’

Thursday, December 1st, 2016

https://www.flickr.com/photos/anchovypizza/4222126794/

Tuesday I commented on the ‘duh’ factor in relation to Amazon finally eliminated forced ranking reviews, AKA, rank and yank, recognizing that they did nothing to foster teamwork or improve retention.

Like I said, “duh.”

Today we have Facebook offering up another duh moment.

Facebook is trying to accommodate millennials and its younger predecessor by talking to each worker and figuring out how their individual skills can be used to make a more personalized career path, not something more traditional and cookie cutter-like.

Definitely duh.

I defy you to think of anyone who works at any job and any level who doesn’t prefer this approach.

Take a look at what turns on/off the so-called silver-tsunami  of Gen X and Boomers.

Millennials may walk faster than Gen X and Boomers when they don’t like the culture, but that, too, will change as they take on more responsibilities, such as kids, mortgages and aging parents

Whenever I hear how different the needs of millennials are compared to previous generations I’m reminded of these words from Socrates.

“Our youth now love luxury. They have bad manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their parents, chatter before company; gobble up their food and tyrannize their teachers.”

Give it a rest.

You hire individuals and need to manage them as such.

So put away the cookie cutter and provide everyone, no matter their age, with an environment in which to grow and flourish and the tools needed to do it.

That’s your job in a nutshell.

Flickr image credit: David

Ducks in a Row: Amazon Finally Kills Its Forced Ranking.

Tuesday, November 29th, 2016

https://www.flickr.com/photos/44412176@N05/4197328040/

Yesterday’s Golden Oldie referenced Jack Welch’s responsibility for the atrocious forced ranking system followed by so many large, and even not-so-large, companies.

… a review process known as “stack ranking” or “rank and yank” in which employees are rated against each other as opposed to how well they meet their job requirements. (…) Using it long-term tends to create a dog-eat-dog kind of culture.

That changed drastically under Jeff Immelt, GE’s current CEO, as described last year.

According to Raghu Krishnamoorthy, the head of GE’s in-house management school,

“Command and control is what Jack was famous for. Now it’s about connection and inspiration.

But not at Amazon, because Jeff Bezos walked in Welch’s shoes on many levels, including reviews.

… the review process was described like “choosing sacrificial lambs to protect more essential players.” (…) Bezos believed managers needed to raise the performance bar with every new hire so that the only employees that rise through the company would be the ones considered exceptional.

Until last year.

There is nothing like public embarrassment (humiliation?) via the New York Times to encourage rethinking one’s actions.

It took a more than a year, but Amazon is finally changing its review process.

Bezos is slow; Microsoft ditched it in 2015 and Marissa Mayer never managed to implement it, although she did try.

Amazing how it’s only taken 30+ years for management to figure out that setting employee against employee does not foster teamwork.

All I can say is, “Duh.”

Image credit: gorfor

Golden Oldies: Management is Like Coffee

Monday, November 14th, 2016

It’s amazing to me, but looking back over more than a decade of writing I find posts that still impress, with information that is as useful now as when it was written.

Golden Oldies is a collection of what I consider some of the best posts during that time.

There’s not a lot to add to this post. The cited research is still accurate, as is the results comparison. That said, many managers are still providing too much, too little or, worse, none at all. But their complaints haven’t diminished, nor their solution to shift the responsibility to their people, instead of recognizing that they are the ones who need to change.

Read other Golden Oldies here.

http://www.flickr.com/photos/25187937@N05/5525163305How much management/coaching is too much?

I hear that question a lot.

Most managers want to do a good job and are looking for ways to improve.

But, as one commented recently, if you do everything recommended by the experts you would use so much of each person’s time that productivity would tumble and even the best coaching would have a negative impact.

Which is why I say that management and coffee are similar.

In the right amount coffee is good for your brain and may help you live longer.

The right amount of management/coaching is good for the brain in that it provides challenges that foster growth; it also lowers frustration and stress, which enhances mental and physical health.

According to the research, the “right” amount of coffee is around 20 ounces a day, i.e., one venti-size Starbucks.

That equates to the most effective management/coaching, which provides all the information needed to do the job at one time (not more nor less) and then gets out of the way while staying accessible if needed.

Many of the coffee-fueled are more likely to drink three to five ventis a day, which is detrimental to health and longevity.

A comparable amount of management/coaching is detrimental to health, productivity and retention.

Flickr image credit: Kurtis Garbutt

Golden Oldies: Customer Service Week 2016

Monday, October 10th, 2016

It’s amazing to me, but looking back at more than a decade of writing I find posts that still impress, with information that is as useful now as when it was written.

Golden Oldies is a collection of what I consider some of the best posts during that time.

In case you didn’t know, today is the start of Customer Service Week, focusing on “the importance of great customer experiences to the success of the organization and reinforce a customer-focused culture.” “Customer” typically refers to the people who buy your product, but they aren’t your only customers, especially if you’re a manager. That’s why today’s Golden Oldies includes two posts, with several links to additional, valuable information on the subject of customers and how to keep them. One new link seems worth including; it explains why, unlike other fields, the constant practice involved in active customer service can seriously reduce empathy — an absolute requirement of great customer service.

Read other Golden Oldies here.

http://www.flickr.com/photos/angelaarcher/5166009978/Who is Your Customer?

Customer service is a major topic these days (more on that tomorrow); as is employee retention, but do they really have anything in common?

Absolutely.

Every manager, from team leader to CEO, is also a customer service manager, because your people are your customers.

That’s right, customers.

More accurately, that makes you an ESM—employee service manager.

Why do you service your people? To

  • help them achieve their full potential;
  • assure high productivity;
  • lower turnover; and
  • create an environment that’s a talent magnet.

How do you service your people? By

  • cultivating the kind of MAP (mindset, attitude, philosophy™) that truly values people and understands how important it is to manifest that;
  • offering high-grade professional challenges to all your people and making sure that they have the resources and all the information necessary to achieve success;
  • fostering fairness so that people know they are evaluated on their merits and favoritism plays no part; and
  • always walking your talk and living up to your commitments.

What’s in it for you?

  • Better reviews, promotions and raises;
  • increased professional development;
  • less turnover and easier staffing; and
  • what goes around comes around—everything that you give your people will come back to you ten-fold!

Flickr image credit: Angela Archer

https://www.flickr.com/photos/jurvetson/6467405231Employee Retention: Not Rocket Science

Yesterday we looked at how a new IBM analytics tool that analyzes tweets found that customer loyalty was severely impacted by employee turnover.

A decade ago research by Frederick Reichheld found that a 5% improvement in employee retention translated to a 25%-100% gain in earnings.

Deloitte recently released its annual survey, which seems to back up the need for improved retention.

2015 Global Human Capital Trends report, their annual comprehensive study of HR, leadership, and talent challenges, the top ten talent challenges reported for 2015 are: culture and engagement, leadership, learning and development, reinventing HR, workforce on demand, performance management, HR and people analytics, simplification of work, machines as talent, and people data everywhere.

The first three are nothing new; the terms have changed over the years, although not the meaning behind them or their ranking as top concerns.

In a major employee retention push, companies are turning to algorithms and analytics to mine a raft of data, identify which employees are most likely to leave and then try to change their minds.

But some things never seem to change and until they do companies won’t make much headway.

At Credit Suisse, managers’ performance and team size turn out to be surprisingly powerful influences (emphasis added –ed.), with a spike in attrition among employees working on large teams with low-rated managers.

With decades of research saying the same thing, it makes one wonder why the finding was “surprising.”

In fact, nothing will change until companies, bosses and the media stop being surprised every time a survey shows that talent acquisition and retention is most influenced by

  • the culture in which they work;
  • the bosses for whom they work;
  • the work itself; and
  • the difference they can make.

Gee, maybe it really is rocket science.

Image credit: Steve Jurvetson

Golden Oldies: Staff R (not) Me

Monday, September 26th, 2016

It’s amazing to me, but looking back over a decade of writing I find posts that still impress, with information that is as useful now as when it was written.

Golden Oldies is a collection of what I consider some of the best posts during that time.

Last Tuesday, We considered the bottom line value of gratitude, which reminded me of a post from 2009 when I wrote a leadership blog for B5 Media. Good morning. Thanks. I appreciate X. So few words, so little effort and such enormous returns.

Read other Golden Oldies here.

different_1Back when I wrote for B5 media, Phil Gerbyshak over at Slacker Manager quoted an interesting statistic. He said that “7% of employees leave their managers because they didn’t say good morning.”

In the conversation that follows, Roger says, “I have always been of the ilk that I don’t always say “Good morning” to people in the office. I have felt that once a week is good enough… However, this is probably just a reflection of what feedback I personally need. As a manager I have to think that others are different and have different needs.” (Current links unavailable.)

Phil Gerbyshak over at Slacker Manager quoted an interesting statistic. He said that “7% of employees leave their managers because they didn’t say good morning.”

In the conversation that follows, Roger says, “I have always been of the ilk that I don’t always say “Good morning” to people in the office. I have felt that once a week is good enough… However, this is probably just a reflection of what feedback I personally need. As a manager I have to think that others are different and have different needs.”

I worked for a guy like this. Oh, he said good morning and was a really nice guy, but he didn’t understand that our needs differed from his.

Most of us are like that to some extent. We see the world through our own MAP and unconsciously make the assumption that others see it the same way.

This is especially true with regards to people we’re close to, such as family, or with whom we’re friendly, such as team members, peers, colleagues, even bosses.

Think about it. How many times have you recommended a book or movie only to have the person ask you why in the world you suggested it; or introduced two people you really liked only to find that they can’t stand each other.

My old boss didn’t care about pats on the back, positive feedback or congratulations when he accomplished a critical piece of the sales process. It’s not that he wouldn’t do it, but he just didn’t think of it on his own.

I still remember one time that I closed a really big deal. He was out of the office, so I put the paperwork dead center on his desk where he couldn’t miss seeing it. He came back mid-morning, but it wasn’t until I went to his office, asked and he congratulated me—but when you have to ask, it has no value.

And even when he did say the right thing it was obvious that he didn’t know why he was saying it. It wasn’t that he didn’t mean it, he did, but he never really understood why it needed to be said.

So more important than saying the right thing; saying it at the right time; or honestly meaning it; is taking the time to learn and understand why you’re saying it.

Image credit: flickr

Golden Oldies: Ducks In A Row: Do You Have People Or Persons?

Monday, September 12th, 2016

It’s amazing to me, but looking back over more than a decade of writing I find posts that still impress, with information that is as useful now as when it was written. Golden Oldies is a collection of what I consider some of the best posts during that time.

Companies are fond of calling those who toil for them by different names. ‘Human resources’, which morphed to just ‘resources’ was one of the first. Then came ‘talent’. Next, the pendulum swung back to ‘people’. Managers, on the other hand, have always talked about their ‘people’. But no matter what the company or manager called them, they were individuals; each with different skills, goals and passions — and need to be managed as such.

Read other Golden Oldies here.

ducks_in_a_rowDo you work for a company or a manger?

If you ask most people who they work for they’ll name a company, but if you ask them why they love or hate it, stay or leave, they’ll usually mention a manager, the people or the culture, which is a projection of the manager and the people.

People quitting is expensive and bad for team morale, but having them quit and not leave is the worst thing that can happen.

Think about it, who do you manage? And How?

Adequate managers manage employees.

Good managers manage people.

Great managers manage persons.

Yes, persons.

Individuals, because you can’t manage (or lead) everyone the same way.

The same words often mean something different to different people, so you need to say what’s necessary in whatever words will ensure that each individual hears and understands your message.

I’m not saying that it’s easy, but you aren’t paid for easy—you’re paid for results.

And knowing how to manage persons is the best way to ensure that your people won’t quit.

Image credit: ZedBee|Zoë Power on flickr

When More (Hours) Equals Less (Everything)

Wednesday, September 7th, 2016

https://www.flickr.com/photos/suckamc/7047683/

Short post today, because the links are more important than anything I can say.

These days too many people brag about working excessive hours and too many managers rate their people based on their willingness to work those hours.

As Labor Day approaches, and a single day of rest from all the hours we Americans spend on the job is upon us, people can’t seem to stop talking about the crazy hours they work.
One of the most-read articles on the Wall Street Journal’s web site last week was a piece about how 4 a.m. — a time so ungodly there’s even a TED Talk about how surreal it is — has become the most productive hour for go-getters.

That’s in spite of research that excessive hours quell innovation and creativity, reduce productivity, increase errors and can cause serious health problems.

Yet research, time and time again, shows the problems with overwork — on people’s health, on turnover, on absenteeism, on productivity. Studies have shown that after about 50 hours a week, productivity actually decreases, and it plummets after 55 hours, leaving no detectable difference between those who work 56 hours and those who work 70 — or 130, as Mayer suggested may be needed for successful startups.

Many years ago a smart senior manager, who became a serial entrepreneur, commented that the need for 50+ hour weeks was a sign of bad management.

I can already hear the arguments, because I’ve been hearing them for years (decades, actually).

So here’s proof from someone who’s not an academic or researcher who doesn’t understand, because they don’t work in the real world.

Jeff Bezos.

Last Wednesday, Amazon announced it was preparing to launch a pilot program in which a few dozen employees would log only 30 hours each week. In return they would receive 75% of their normal salary and retain full benefits.  (…) By offering employees more flexibility, Amazon sends the message that life outside the workplace matters. The new policy also indicates that the world’s second-largest retailer is acknowledging the limits of human cognition, whether or not that was the Amazon’s intent.

That’s it. Now read the links.

Image credit: Martin Cathrae/Flickr

Ducks in a Row: Make a Difference — in the US

Tuesday, August 23rd, 2016

https://www.flickr.com/photos/bonniesducks/4395202521

Is making a difference important to you?

It should be, since most workers are happier and more productive in companies that give back.

That holds true no matter the age of the worker or the size of the company.

Companies, departments, teams or individuals can choose to make a difference.

Some go far afield and seek to mitigate the problems and tragedies of less fortunate countries.

Others focus on local problems, which makes sense since companies are usually urban.

That said, you don’t have to go overseas to third-world countries to find third-world problems to solve.

Tech could start less than 200 miles from San Francisco in Fresno, CA.

While Facebook wanted to wire India, it isn’t interested in doing the same in the US.

Though Central Valley harvests most of the country’s crops, tech workers often forget their neighboring region exists. In the Bay Area map according to Urban Dictionary, the Central Valley is jokingly referred to as “unknown parts.”

And consider this.

According to a recent Pew survey, approximately five million students still lack access to high-speed Internet. Experts have taken to calling it the “homework gap.”

Or turn your gaze to the other coast and some of the most beautiful countryside in America — Appalachia — home to some of the most grinding poverty and third-world living conditions to be found in the US.

And while you’re gazing, check out what’s being done to change that.

Crunching all the data imaginable won’t always yield a solution, since anomalies do happen (for an in-depth understanding of that read Isaac Asimov’s Foundation series, still brilliant/viable after 60+ years).

Back when I lived in San Francisco, it was often termed “49 square miles surrounded by reality.”

That’s expanded to 7,000 square miles (contained in the nine-county Bay Area) surrounded by the reality of places like Fresno.

Tech needs to understand that technology in and of itself is not a solution.

Tech is digital, while the world and the humans who inhabit it are, and always will be, analog.

So while technology itself isn’t a solution, the ways it can be applied may be.

~~~~~~~~~~~~~~~~~

One more request.

School is starting soon and most kids are shopping, whether at Nordstrom or Walmart, while thousands of foster kids are facing school without even a backpack.

There are dozens of ways you can help them.

Skip a few Starbucks or Peets visits, choose a charity, check it out and donate the coffee money you saved.

Flickr image credit: Duck Lover

Ducks in a Row: Perks that Work

Tuesday, August 16th, 2016

https://www.flickr.com/photos/allenthepostman/2223927152/

Free food. Free in-office massages. On-site dry cleaning. Concierge services. The list goes on…

These perks are so easily copied, not to mention prevalent in certain industries, that they hardly qualify as retention policy, AKA, people holders.

Are these really the perks on which to spend your money?

Think about it and consider far more dynamic policies that others are doing.

After every seven years of service, employees become eligible for a six-to-eight week paid sabbatical, which they can use to spend time with their families, travel, and accomplish longstanding personal goals — no strings attached.

Aarstol believes that a shortened workday could motivate employees to work more efficiently. And he is proving to be right through his own company, Tower Paddle Boards, which continues to expand, even after a year of rolling out the five-hour workday. Last year, it was named the fastest-growing private company in San Diego. Aarstol even published a book titled “The Five Hour Workday” this month.

REI, for example, gives its employees two paid days off a year, called “Yay Days,” to enjoy their favorite outside activity. The World Wildlife Foundation (WWF) takes every other Friday off, coining those “Panda Fridays.” We also give our employees every other Friday off — and we pay them for it. We call it the “18-Day Work Month,” and we truly believe it’s the key to a more productive workforce.

Gusto, a startup with 300 employees in San Francisco and Denver, just became the first midsize company in the US to cover fertility treatments in a way that will help single women and same-sex couples, according to Cigna.

However, some of the best perks cost the company nothing.

SEI made Forbes’ 2016 Best Small Companies list earlier this year, in part because of its unusual employee goal-setting policy. Twice a year managers meet with reports who lay out goals, including compensation, and SEI pledges to support employees’ wishes.

The main point: this is not a high-profile kind of job at Facebook, not a developer building a feature that will be used by millions, nor an engineer working on some of Facebook’s moonshot projects like its solar-powered drone or Internet.org.
“At Facebook we believe that ‘Nothing at Facebook is somebody else’s problem’ — it’s yours,” she writes. “I’m tasked with finding creative, innovative and realistic solutions for my clients, even if it has never been done before.”
In other words, she feels a sense of empowerment.
In fact, academic research shows that there’s a strong correlation between job satisfaction and employee empowerment. People who are given the freedom to solve problems in their own creative ways simply like their jobs and their companies better.

In fact, it’s the willingness of management to help their people function at their highest level, grow and succeed, i.e., a manager who cares, that is worth more than most tangible perks.

Flickr image credit: allen watkin

RSS2 Subscribe to
MAPping Company Success

Enter your Email
Powered by FeedBlitz

About Miki View Miki Saxon's profile on LinkedIn

About Ryan ryanrpew

About Marc marc-dorneles-cpcu-b8b43425

About KG View KG Charles-Harris' profile on LinkedIn

About Ajo View Ajo Fod's profile on LinkedIn

Clarify your exec summary, website, marketing collateral, etc.

Have a question or just want to chat @ no cost? Feel free to write or call me at 360.335.8054

Download useful assistance now.

Entrepreneurs face difficulties that are hard for most people to imagine, let alone understand. You can find anonymous help and connections that do understand at 7 cups of tea.

Give your mind a rest. Here are 2 quick ways to get rid of kinks, break a logjam or juice your creativity!

Crises never end.
$10 really does make a difference and you'll never miss it,
while $10 a month has exponential power.
Always donate what you can whenever you can.
Web site development: NTR Lab
Creative Commons License
This work is licensed under a Creative Commons Attribution-NoDerivs 2.5 License.