A guiding hand for leadership
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What people value more than money
Asking for promotion and a salary raise is common when people are unhappy in their job. But it’s not actually what they value and it’s not what keeps good people in their jobs. The answer is something more fundamental.
New Ownership, new values
The firm was taken over by a new global parent company, which meant the firm moved from family ownership to shareholders.
Overnight everything changed – ownership structure, strategic objectives, and especially the way of operating. The new ‘top down’ approach resonated badly with a staff used to being involved in operations and decision-making and who had enjoyed the family culture.
The new owners feared losing staff and productivity, but knew the firm had to adjust to being part of a global entity.
The solution was working with the firm staff to develop a new set of values for the firm that aligned the two cultures. Through a series of workshops the staff and the new leadership took the global firm’s values, reward and recognition structure, and policies and adapted them to suit their firm and its people.
The workshop process was valuable in itself, as the two parties came to understand each other. The outcome was a new set of values that helped the business contribute meaningfully to the parent company and to feel it belongs.
Maybe it's not the work but the why
More than ever, employees need a sense of purpose in the work they do. Without it, they walk. So, what can firms do to satisfy that need and maintain an effective workplace? Julie Scardamaglia explains.
Share your thoughts and show them how you think
Insight articles on your website and promoted in social media are one of the best value ways to remind clients who you are and what you do. Kate Dunstan shares some DOs and DON’Ts