humanity means business: why culture eats strategy for breakfast
TRANSCRIPT
Humanity Means Business:Why Culture Eats
Strategy For BreakfastChina GormanAdvisor, Speaker
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Housekeeping
China GormanADVISOR, SPEAKER
China Gorman is a successful global business executive in the competitive Human Capital Management (HCM) sector. She is a sought-after advisor and speaker bringing the CEO perspective to the challenges of building cultures of humanity for top performance and innovation. Well known for her tenure as CEO of the Great Place to Work® Institute, COO and interim CEO of the Society for Human Resource Management (SHRM) and President of Lee Hecht Harrison, China works with HCM organizations all over the world to enhance their brands and their go-to-market strategies. She sits on the corporate boards of Universum, Motivis Learning and PeopleStrong, and chairs the Universum North America board. Additionally, she serves on the Executive Committee of the Board of Jobs for America’s Graduates as well as the Advisory Boards of Elevated Careers, the Workforce Institute at Kronos, and WorldBlu. China is the author of the popular blog Data Point Tuesday, and is published and frequently quoted in media properties like Fortune, TLNT, Huffington Post, Inc., Fast Company, U.S. News & World Report, HR Magazine and many others.
HistoryHumanity vs. EngagementWhat’s for breakfast?What’s selling?
History of WorkplaceHumanity
Not so human
Engagement
Gallup
Engagement
Gallup
Engaged and Committed
Not so engaging
Humanityvs.
Engagement?
What’s for breakfast?
“For the first time since the industrial revolution you cannot build a company that’s fit for the future without building one that’s fit for human beings.”
Gary Hamel
“Happiness fuels success, not the other way around. When we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive at work.”
Shawn Achor
Benefits of Well-Being return on investment for comprehensive, well-run employee wellness programs
reduction in healthcare costs for employees taking mindfulness/meditation classes
of employees report a positive impact on productivity from flexible life-work balance
of companies report an extremely positive effect on productivity from integrated well-being programs
of companies report an extremely positive effect on engagement from integrated well-being programs
lower voluntary turnover for companies who have highly effective wellness programs
6:1 40% 28%
87% 79% 88%
1975
83% 17%
Corporate value creation is changing
Source: Ocean Tomo, LLC*January 1, 2015
Intangible assets
Tangible assets
1985
68% 32%
Corporate value creation is changing
Source: Ocean Tomo, LLC*January 1, 2015
Intangible assets
Tangible assets
1995
32% 68%
Corporate value creation is changing
Source: Ocean Tomo, LLC*January 1, 2015
Intangible assets
Tangible assets
2005
20% 80%
Corporate value creation is changing
Source: Ocean Tomo, LLC*January 1, 2015
Intangible assets
Tangible assets
Source: Ocean Tomo, LLC*January 1, 2015
Intangible assets
Tangible assets
2015*
16% 84%
Corporate value creation is changing
Source: Ocean Tomo, LLC*January 1, 2015
Intangible assets
Tangible assets
2015*
16% 84%
Corporate value creation is changing
What’s selling?
Humanity
That boards and CEOs are paying attention to talent means they’re ready to start paying attentionto culture.
Engagement
Gallup
Humanity,NOT
Engagement
The war for talentis over.
Talent won.
Josh Bersin
The war for talentis over.
Talent won.
Josh Bersin
The war for talentis over.
Humanity meansbusiness.
Humanity MeansBusiness
THANK YOU!