Recently, WorkplaceDynamics released their annual survey of over 20,000 employees from almost 100 workplaces in Central Indiana to determine what is critical to dynamics in the workplace – 2012 TopWorkplaces. (I’m proud to congratulate a long-time client of ADVISA, and myself, Schmidt Associates, for being noted a TopWorkplace this year!) Tracking performance of participating companies over the last 5 years, they’ve found a trend.
There are 3 traits driving company performance:
- People are in on the organization’s direction and its values
- Employees are executing well
- People feel connected to the company
Among those surveyed, organizations with the above are outperforming last year’s market by 12%. “The latest thinking is that organizational health is the competitive advantage“, says WorkplaceDynamics CEO, Doug Claffey.
If this is the competitive advantage, as I also am confident it is, how does an organization achieve it? How do these organizations go about ensuring everyone is in on the direction; work is well executed; and people are connected?
The answer is a simple one: Organizational health is a priority. These companies realize that their people get the job done. How they perform determines their profitability. “Healthy” companies don’t take this for granted and view their people as an investment, not an expense.
To conduct a quick “health check-up” on your own organization, answer these two questions:
- Does your organization have a “direction” or strategic plan for employees to connect to? A strategic plan provides the big picture focus that permits employees to understand how their contribution impacts the company. Without this, employees can feel disconnected and adopt a “Who cares?” attitude.
- Are your organization’s values communicated clearly in both word and actions? To do so can provide your employees the confidence to delegate more often. When faced with a challenge, they know what matters in your organization – what the company will and won’t do. A strong base of confident employees can lead to more individuals stepping up with new ideas and innovation. It also builds trust among team members. Performance and execution improve. And, so does profitability!
How do I know? This is what we do at ADVISA. We help our clients achieve organizational health by creating an organizational plan and communicating that vision; improving employee productivity and engagement; and increasing sales and performance. Getting measurable results is what we do. Being a TopWorkplace doesn’t just sound good. It’s profitable too.