SlideShare a Scribd company logo
1 of 43
Are You Aligning Your Culture and Brand to Increase ROI?
        THE CULTURAL FIT FACTOR
zz Pellet, Felix Global Vice President USA
                                                             2011
Books by Lizz Pellet
Program Information on This Session

• How to assess and define an organization’s cultural frame work

• Subcultures with in Cultures

• What is Attract, Retain, Repel

• The Cultural “Fit” Factor

• Personal Values System alignment

• Employee Value Proposition
Can you conduct a culture assessment to
determine what “fit” will be?
What should be measured
       and why?

•   Identity – employment
    brand
•   Leadership
•   Relationships
•   Communication
•   Infrastructure
• Employee Engagement
•   Change Management
•   Finance
Tools to measure organizational culture:

• Past Employee Satisfaction surveys
• New assessment focused on
  cultural elements
• Standard surveys customized to
  your organization
• Validate survey data
• Quantitative and Qualitative data
Benefits of Quantitative Data

 Quantitative data allows you to determine who you are and who
 you are NOT! No more guesswork or assumptions.
                         Healthy    Neutral   Unhealthy



              Identity                   78                      13        9

        Relationships                   72                      18         10

          Leadership               59                      25         16

 Employee Engagement               58                      26         16

        Infrastructure             58                      25         17

      Communication            55                         25          20

             Finance     38                         39               24
Why do organizations need to understand
organizational culture?

 • Employee Satisfaction and engagement

 • To Create a Sustainable Competitive Advantage

 • What We Stand For Versus What We Do

 • To Create Internal Brand Loyalty and Trust

 • To Compete With Other Employers for the Best Talent

 • To Communicate the Value Proposition to employees

 • What happens in the case of M&A – whose identity wins,
   whose identity loses, whose identity do you use?
Why is Culture Important?

 •   Numerous studies show that organizations with
     performance-driven cultures have better:
    o Revenue growth
    o Employment growth
    o Stock Price growth
    o Net Income growth
 • Bottom line: Companies that live their culture are high
   performing and better places to work
Defining Your Corporate Culture is Not as
Easy as One Might Think…
 •   Leaders create cultures that will be most beneficial in helping
     them achieve their goals as a business.
 •   Differences are very real and can dilute a congruent
     corporate culture message.
 •   Values will support an organization in times of crisis so that
     the leadership can easily respond rather than react. Just say
     J&J.
 •   The ability to perceive the limitations of one’s culture and to
     develop the culture’s adaptability (change) is the essence
     and ultimate challenge of human resource leadership.
 •   Airline examples – who do you want to work for?
How Is Culture Created?




               Actions and Behavior
                   of Executives


                 What Leaders Pay
                   Attention To
 Executives                              Culture
               What Gets Rewarded
               & What Gets Punished


               Allocation of Attention
                    & Resources
HR’s Role in Shaping Culture

Recruiting &    Compensation      Training &          Talent         Performance
  Staffing       & Benefits      Development        Management       Management


• Hire people   • Create         • Instill          •Attract the     • Create a
who will “fit   compensation     corporate          best of the      culture where
in” with the    and benefit      values and         best             employees
current         packages that    desired            •Retain top      know what is
culture.        help reinforce   behaviors/skills   talent.          expected of
                and drive the    that will help     •Repel the
                                                                     them and hold
• Hire for
                company          promote the        ones that just   them
fit/aptitude,   culture.         current culture.   don’t fit        accountable.
not skills                       •Measure
                                 culture and
                                 identify
                                 potential
                                 derailers.
Executives Agree that Culture Can Be a
Significant Advantage
“We do a lot of things right but all those things can be copied by a
competitor tomorrow. The only thing they can’t copy is our culture.
Culture provides us a competitive advantage.”
         Colleen Barrett, President – Southwest Airlines
“We have had firms study our processes and benchmark us for years,
but they are hard-pressed to duplicate our success. When it comes to
a sustainable competitive advantage, our GE culture is one of the
most difficult things for others to copy.”
         Jeff Immelt, CEO – General Electric
“We have no patent on anything we do, and anything we do can be
copied by anyone else. But you can't copy the heart and the soul and
culture of our company and that distinguishes us from everyone else.”
         Howard Schultz, Founder – Starbucks
“We have a culture dedicated to creating a place where talented
people want to work. This gives us a tremendous advantage when it
comes to attracting, developing, exciting and retaining exceptional
people.”
         Ian Davis, Managing Director – McKinsey & Company
Today’s Employees Want Transparency

•   Employees are looking for a
    meaningful, authentic and
    congruent work experience
•   It is deeply rooted in U.S. culture
    to talk about our “jobs”
•   Cultural fit is paramount in
    finding a job you love (how long
    did you stay at a job that you
    didn’t fit)
•   Potential employees are
    twittering about their job
    interviews, the people who are
    interviewing them and how they
    are being treated. Potential PR
    nightmare or outstanding
    exposure opportunity.
What is Attract, Retain, Repel as it
Relates to Culture?
• The ability to understand who you are from a cultural
  perspective.

• Being crystal clear on what your culture is as you create an
  employment brand

• Employees will be either attracted to your organization or be
  repelled by this brand

• Employees who do come to work for you and enjoy an
  authentic and congruent work experience will stick around –
  retain – and talk to other people about how pleased they are
Attract, Retain, Repel as it Relates to
Recruitment and Retention = ROI
• Attract – how can you get the best of the best from the current
  and future talent pool?

• Retain – how will you keep the good ones you have that really
  are a good fit?

• Repel – how can you keep the ones that just don’t fit from
  applying in the first place?
The Connection Between Culture
and its Effect on ROI…
• Hard dollars spent on Recruitment and Retention = statistics
• Take one executive salary from last year that was a “bad
  hire”
• Baby Boomer = Bust: the 2010 shortage = OR NOT
• Gen Y challenges
• The new Knowledge worker
• Mergers and Acquisitions = Cultural integration issues
• Employee Engagement and productivity = do more with less
  and get back to work
• Corporate Scandals = loss of employee confidence and
  share holder value
• Organization’s ability to respond rather than react in times of
  crisis or challenges = loss of consumer confidence and
  brand stability
Cultural Fit is key to Employee Engagement

  Gallup Study Results with responses from over 3 million
  employees:
   • 29% of the U.S. work force is actively engaged, 55% is not
     engaged and 16% is actively disengaged.
   • That means that 71% of the Americans who go to work
     everyday are not engaged in their job.
   • This equates to businesses operating at one third of their
     capacity.
   • This can cost the economy up to $350 billion per year.
   • HR movement – Presenteeism……..
   • We have to “measure what we treasure”
The Cost of the Disengaged


                       1,000 Employees
                       x average hourly wage
                       of $15/hour = $15,000

                       $15,000 x 2 hours/day in lost
                       productivity = $30,000

                       $30,000 x 20 days worked in a
                       month = $600,000

                       $600,000 x 12 months
                       = $7.2 M in lost productivity.

                       These figures are based on a M–F, 8–5pm operation.
So how do you get people engaged?
How about have some fun!
http://www.youtube.com/watch?v=2lXh2n0aPyw
Boomer Fit
       This was an actual picture on the career site for
               Harrah’s Casino in Las Vegas




  It was predicted that in 2010, 30,000 boomers would
   retire a day in the US.
  We have to get creative to keep our older workers - IP.
  There is as much competition to retain the boomers as
   there is to attract Gen Y.
The Next Gen Challenges…and you
 know what they are!

• Social networking is KEY
  Facebook, YouTube and
  Twitter are the new norms in
  communication and have
  changed the branding
  landscape

• UAB Emergency Room Rap
  http://tinyurl.com/6zvmj7

• Read the ERE.net article by
  Dr. John Sullivan re: who
  owns your brand
  http://tinyurl.com/yzfmspb
How Does Organizational Cultural Fit Relate
to Your Employment Branding Efforts?
• Vision, Mission, Values - leaders create and sustain
  organizational culture

• A common way of thinking, which drives a common way
  of acting

• Shared assumptions and beliefs: the silent code of
  conduct. It is the glue that holds an organization
  together…or not

• It is your employment BRAND in the truest form –
  whether you have consciously created it or not

• How employees feel they fit and identify with the
  organization
Cult-like Cultures - What do they have in
    common?
•    Strong sense of identity –
     BRAND - a core ideology.
     They are VERY clear about
     who they are and who they are
     not

•    Greater tightness of fit.
     Employees either “buy-in” or
     “get out”

•    Self selection process... “this is
     just not for me”

•    Show evidence of elitism. They
     create a sense of belonging
     [internally] and superiority
     [externally]
Who Has a Cult-like Culture? Built to Last

                              • Southwest Airlines has
                                earned its reputation as
                                one of the most
                                outstanding companies
                                in consumer and
                                employment branding:
                                Fast, FUN and Friendly
                                is who they are… bags
                                fly free 
                              • You want to be a
                                Nordee?
                              • Mayo Clinic’s Mission
                              • Zappos!
Photo Source: Libby Sartain
Encourage & Promote Executive
Sponsorship
The Starbucks Brand: It’s all “Green” to Me
…and to Them!
Values Alignment
Knowing your intrinsic values and asking an organization to
complete a values assessment.
What is Employee Value Proposition (EVP)?

• A narrative proclamation – to the employees – of how an
  employer will carry out the promise and uphold the values
  in the employment relationship. It needs to be both
  rational and emotional.

• Make sure you have a clear understanding of EVP before
  going to the C-suite. Create a proclamation before you
  outline any creative approach
Creative Approach to EVP

While your internal marketing departments know your company’s
brand, they may not have the psychometrics or external exposure
to pinpoint the EVP or employment brand perception. People
relate best to visual images. Consistency is quality!




                                                       Source: Southwest Airlines
EVP and the New Addition of Social
Networking and Sustainability

                            Company Commitment


                                   Employees


                    Employee Value Proposition/Brand


Recruiting/    Training and    Pay,      Health and Financial Work/    Work
Orientation      Career     Recognition, Well-being Security Life Environment Social
                                                                                   Networks
               Development Performance                       BalanceSustainability
      Leadership                                                      programs

                 Program           Communication                    Delivery
                 Content             Vehicles                       Channels

                                                          Source: Libby Sartain, co-author “Brand from the
                                                          Inside”
Example of positioning your EVP.
Start each top line with “we offer”…….

Compensation        Benefits      Amenities          Career                   Life Tools              Connections
                                                   Development
                                                                             More solutions
Competitive       More choices,   Free Latte,     More                                                You can work
                                                                             to help you
Salary, Stock     more options,   Health Club,    Opportunities                                       with some of
                                                                             plan your life
Options, Bonus,   more            Foos Ball,      to learn and                                        the brightest
                                                                             and future
and Promotional   possibilities   Sport Courts,   grow                                                people around,
                                                                             Financial
Opportunities                     Covered                                                             in a dynamic,
                                                                             Planning, Child
                                  Parking                                                             challenging
                                                                             Care                     environment.
                                                                             Assistance,
                  So that you                                                401(k)
                  Can                             So that you
                  Customize                       can grow your
So that you       your Package                    career with us                                      So that your
can grow with     to meet your                                               So that you
                                  So that you     and get the                                         work Makes a
us and create     needs                                                      Can Create
                                  Can take a      most important                                      Difference
the career and                                                               Financial
                                  break and       things
experience                                                                   Security..
                                  have fun at     in your life.
you want.
                                  work



                                                        Source: Libby Sartain, co-author “Brand From the Inside”
Employment Brand Promise:
Delivery Timeline
Results                                        1 to 3 Years
                                               Full alignment
                                               Significantly better business results
                                               Increased ROI of recruitment & retention programs

               3 to 6 Months
               Establish value proposition
               Develop brand message
               Roll out initiatives
                                        12 Months
                                        Redeploy diagnostic to measure progress
                                        Track ROI


1 to 3 Months
Diagnostic, Data Collection, Analysis
Delivery of action plan




                                                                                  Time
Sustainability

  What about being green? How will you shift your culture?
Going Green to Attract, Retain and Repel
What are your core values as it relates to being a green organization?

A report by Sustainable Business Network of Washington (SB NOW)
gives us a great list to why a company should go green.

Their number one reason?
  1. Increasing employee satisfaction, retention and productivity
  2. Improving operational efficiency and effectiveness
  3. Saving energy, water and raw materials
  4. Shielding yourself from escalating energy and water prices
  5. Branding the business and differentiating it from the competition
  6. Developing a positive, proactive relationship with local compliance
     inspectors
  7. Reducing pollution, waste and greenhouse gas emissions
  8. Avoiding fines and other sanctions green guide and certification
The Way We Interview Candidates is
Forever Changing
CO2 Reduction Using Virtual Interviews




            645 kg CO2                        17 kg CO2

         In-person Interview               Live virtual Interview


Conducting just 30 live virtual interviews per month is the same CO2
savings as taking 60 cars off the road annually
Join the new LinkedHR Green Group!
Why is Green Important to Your Recruiting
Strategy and Overall HR Initiatives?

“While candidates of all generations have begun
evaluating potential employers based on their
greenness few in recruiting have leveraged this hot
topic in recruitment communication and activities”.

“Individual recruiters need to make their firm’s
environment stance a critical element of their sales pitch
to potential applicants and candidates”

              Dr. John Sullivan
              June, 2007
Social Media


• We cannot talk about                       Video/Photo
  cultural fit without talking                 Sharing       Blogging
  about how Social Media
  is changing today’s             Podcasts
  employment.
                                                                         Micro
• Social media has                                 Key Social           Blogging
  created a fundamental                            Platforms
  shift in the way people        Message
                                  Boards
  communicate via real-
  time conversations                                                    RSS
  online.                                   Chat
                                           Rooms        Social
                                                      Networking
The World of Social Networking Changes
Every Day!
Social Media Revolution


http://www.youtube.com/watch?v=sIFYPQjYhv8
ROI: The Cost of Using Social Media vs.
Other Methods

$$$             $$                         Free

                               Corporate

                Niche boards

                Micro sites

                Web advertisements



                                                  (word press)


                                                      (application)
Questions?

Lizz Pellet’s Contact information:
lpellet@felixglobal.com
(480) 221-9649

Follow me on Twitter:
www.twitter.com/lizzpellet

Invite me on LinkedIn:
www.linkedin.com/in/lizzpellet

More Related Content

What's hot

Right culture right now May 2012
Right culture right now May 2012Right culture right now May 2012
Right culture right now May 2012Timothy Holden
 
Culture Brand Connection 2015
Culture Brand Connection 2015Culture Brand Connection 2015
Culture Brand Connection 2015therababb
 
Within People - How culture helps you grow
Within People - How culture helps you growWithin People - How culture helps you grow
Within People - How culture helps you growWithin People
 
CorpCulture-SoWhatAndWhoCares
CorpCulture-SoWhatAndWhoCaresCorpCulture-SoWhatAndWhoCares
CorpCulture-SoWhatAndWhoCaresBrad Lindemann
 
Upgrading Talent
Upgrading TalentUpgrading Talent
Upgrading TalentHRILLC
 
Within People - A Guide to Bringing Values to Life
Within People - A Guide to Bringing Values to LifeWithin People - A Guide to Bringing Values to Life
Within People - A Guide to Bringing Values to LifeWithin People
 
Neron India Values Introduction
Neron India Values IntroductionNeron India Values Introduction
Neron India Values IntroductionNeron
 
2009 Brandfromthe Inside
2009 Brandfromthe Inside2009 Brandfromthe Inside
2009 Brandfromthe InsideLibby Sartain
 
Grayson Entrepreneur Express Workshop #2, December 9, 2010 Presentation
Grayson Entrepreneur Express Workshop #2, December 9, 2010 PresentationGrayson Entrepreneur Express Workshop #2, December 9, 2010 Presentation
Grayson Entrepreneur Express Workshop #2, December 9, 2010 PresentationSandy Ratliff
 
MINDSHIFTS_LeadYourCulture_final
MINDSHIFTS_LeadYourCulture_finalMINDSHIFTS_LeadYourCulture_final
MINDSHIFTS_LeadYourCulture_finalChris Ernst
 
Building-Process-of-Strong-Corporate-Culture
Building-Process-of-Strong-Corporate-CultureBuilding-Process-of-Strong-Corporate-Culture
Building-Process-of-Strong-Corporate-CultureSuleman Asif
 
Napier Rotary Presentation (Business Evolution)
Napier Rotary Presentation (Business Evolution)Napier Rotary Presentation (Business Evolution)
Napier Rotary Presentation (Business Evolution)Peter Alexander
 
No tech best practices when using recuiting technologies
No tech best practices when using recuiting technologiesNo tech best practices when using recuiting technologies
No tech best practices when using recuiting technologiesHoward Weintraub
 

What's hot (20)

Right culture right now May 2012
Right culture right now May 2012Right culture right now May 2012
Right culture right now May 2012
 
Culture Brand Connection 2015
Culture Brand Connection 2015Culture Brand Connection 2015
Culture Brand Connection 2015
 
360 Attract Engage
360 Attract Engage360 Attract Engage
360 Attract Engage
 
Within People - How culture helps you grow
Within People - How culture helps you growWithin People - How culture helps you grow
Within People - How culture helps you grow
 
The most admired women leaders in business 2019
The most admired women leaders in business 2019The most admired women leaders in business 2019
The most admired women leaders in business 2019
 
CorpCulture-SoWhatAndWhoCares
CorpCulture-SoWhatAndWhoCaresCorpCulture-SoWhatAndWhoCares
CorpCulture-SoWhatAndWhoCares
 
Upgrading Talent
Upgrading TalentUpgrading Talent
Upgrading Talent
 
Within People - A Guide to Bringing Values to Life
Within People - A Guide to Bringing Values to LifeWithin People - A Guide to Bringing Values to Life
Within People - A Guide to Bringing Values to Life
 
presentation127
presentation127presentation127
presentation127
 
Neron India Values Introduction
Neron India Values IntroductionNeron India Values Introduction
Neron India Values Introduction
 
2009 Brandfromthe Inside
2009 Brandfromthe Inside2009 Brandfromthe Inside
2009 Brandfromthe Inside
 
Grayson Entrepreneur Express Workshop #2, December 9, 2010 Presentation
Grayson Entrepreneur Express Workshop #2, December 9, 2010 PresentationGrayson Entrepreneur Express Workshop #2, December 9, 2010 Presentation
Grayson Entrepreneur Express Workshop #2, December 9, 2010 Presentation
 
Insights HR Mastermind Series Pune - Work Culture
Insights HR Mastermind Series Pune - Work CultureInsights HR Mastermind Series Pune - Work Culture
Insights HR Mastermind Series Pune - Work Culture
 
Talent Acquistion
Talent AcquistionTalent Acquistion
Talent Acquistion
 
MINDSHIFTS_LeadYourCulture_final
MINDSHIFTS_LeadYourCulture_finalMINDSHIFTS_LeadYourCulture_final
MINDSHIFTS_LeadYourCulture_final
 
Building-Process-of-Strong-Corporate-Culture
Building-Process-of-Strong-Corporate-CultureBuilding-Process-of-Strong-Corporate-Culture
Building-Process-of-Strong-Corporate-Culture
 
Napier Rotary Presentation (Business Evolution)
Napier Rotary Presentation (Business Evolution)Napier Rotary Presentation (Business Evolution)
Napier Rotary Presentation (Business Evolution)
 
Corporate Culture by Tonya Leary
Corporate Culture by Tonya LearyCorporate Culture by Tonya Leary
Corporate Culture by Tonya Leary
 
Leadership
LeadershipLeadership
Leadership
 
No tech best practices when using recuiting technologies
No tech best practices when using recuiting technologiesNo tech best practices when using recuiting technologies
No tech best practices when using recuiting technologies
 

Viewers also liked

509 Organizational Experience
 509 Organizational Experience  509 Organizational Experience
509 Organizational Experience A Phillips
 
Assessing Organizational Culture at the Center for Student Health and Counsel...
Assessing Organizational Culture at the Center for Student Health and Counsel...Assessing Organizational Culture at the Center for Student Health and Counsel...
Assessing Organizational Culture at the Center for Student Health and Counsel...A Phillips
 
Wolf of Wall Street poster analysis
Wolf of Wall Street poster analysis Wolf of Wall Street poster analysis
Wolf of Wall Street poster analysis Filip97
 
10 Business & Life Lessons From The Wolf of Wall Street
10 Business & Life Lessons From The Wolf of Wall Street10 Business & Life Lessons From The Wolf of Wall Street
10 Business & Life Lessons From The Wolf of Wall StreetErum Shakil
 
Adlt 623 Understanding Org Culture Part I Modified
Adlt 623 Understanding Org Culture Part I ModifiedAdlt 623 Understanding Org Culture Part I Modified
Adlt 623 Understanding Org Culture Part I Modifiedtjcarter
 
Understanding Organizational Culture Part Ii
Understanding Organizational Culture Part IiUnderstanding Organizational Culture Part Ii
Understanding Organizational Culture Part Iitjcarter
 
The Wolf of wall street
The Wolf of wall streetThe Wolf of wall street
The Wolf of wall streetJakeVegas123
 
An Introduction to Essay: Its Parts and Kinds
An Introduction to Essay: Its Parts and KindsAn Introduction to Essay: Its Parts and Kinds
An Introduction to Essay: Its Parts and KindsCecilia Manago
 
Different Types of Essays
Different Types of EssaysDifferent Types of Essays
Different Types of Essaysrashod15
 

Viewers also liked (9)

509 Organizational Experience
 509 Organizational Experience  509 Organizational Experience
509 Organizational Experience
 
Assessing Organizational Culture at the Center for Student Health and Counsel...
Assessing Organizational Culture at the Center for Student Health and Counsel...Assessing Organizational Culture at the Center for Student Health and Counsel...
Assessing Organizational Culture at the Center for Student Health and Counsel...
 
Wolf of Wall Street poster analysis
Wolf of Wall Street poster analysis Wolf of Wall Street poster analysis
Wolf of Wall Street poster analysis
 
10 Business & Life Lessons From The Wolf of Wall Street
10 Business & Life Lessons From The Wolf of Wall Street10 Business & Life Lessons From The Wolf of Wall Street
10 Business & Life Lessons From The Wolf of Wall Street
 
Adlt 623 Understanding Org Culture Part I Modified
Adlt 623 Understanding Org Culture Part I ModifiedAdlt 623 Understanding Org Culture Part I Modified
Adlt 623 Understanding Org Culture Part I Modified
 
Understanding Organizational Culture Part Ii
Understanding Organizational Culture Part IiUnderstanding Organizational Culture Part Ii
Understanding Organizational Culture Part Ii
 
The Wolf of wall street
The Wolf of wall streetThe Wolf of wall street
The Wolf of wall street
 
An Introduction to Essay: Its Parts and Kinds
An Introduction to Essay: Its Parts and KindsAn Introduction to Essay: Its Parts and Kinds
An Introduction to Essay: Its Parts and Kinds
 
Different Types of Essays
Different Types of EssaysDifferent Types of Essays
Different Types of Essays
 

Similar to Cultural Fit Factor:How to Attract, Retain and Repel the Right Employee

Best Work Cultures Explained
Best Work Cultures ExplainedBest Work Cultures Explained
Best Work Cultures ExplainedAvi Sangar
 
Analysis Prioritisation Communication Day Three
Analysis Prioritisation Communication   Day ThreeAnalysis Prioritisation Communication   Day Three
Analysis Prioritisation Communication Day ThreeReuben Ray
 
What I've learned about Culture Transformation...
What I've learned about Culture Transformation...What I've learned about Culture Transformation...
What I've learned about Culture Transformation...Marcus Wadds
 
Cultivating Company Culture in Your Practice
Cultivating Company Culture in Your PracticeCultivating Company Culture in Your Practice
Cultivating Company Culture in Your PracticeWebPT
 
Building a culture_for_sustainability_dec_9_2015
Building a culture_for_sustainability_dec_9_2015Building a culture_for_sustainability_dec_9_2015
Building a culture_for_sustainability_dec_9_2015Linda Morris Kelley
 
How to Find, Motivate, and Retain your Top Talent
How to Find, Motivate, and Retain your Top TalentHow to Find, Motivate, and Retain your Top Talent
How to Find, Motivate, and Retain your Top TalentG&A Partners
 
The Keys to a Killer Company Culture
The Keys to a Killer Company CultureThe Keys to a Killer Company Culture
The Keys to a Killer Company CulturePatrick Ball
 
Building a values driven organisation
Building a values driven organisationBuilding a values driven organisation
Building a values driven organisationBarrett Academy
 
The Best Culture Wins
The Best Culture WinsThe Best Culture Wins
The Best Culture WinsSean Abbas
 
Gallup Culture Audit - Transformation Model 2023.pdf
Gallup Culture Audit - Transformation Model 2023.pdfGallup Culture Audit - Transformation Model 2023.pdf
Gallup Culture Audit - Transformation Model 2023.pdfHarshada Mulay
 
Culture is the byproduct of your story and strategy in action.
Culture is the byproduct of your story and strategy in action.Culture is the byproduct of your story and strategy in action.
Culture is the byproduct of your story and strategy in action.James O'Gara
 
EMPLOYEE BRANDING PRESENTATION
EMPLOYEE BRANDING PRESENTATIONEMPLOYEE BRANDING PRESENTATION
EMPLOYEE BRANDING PRESENTATIONbratanreddy reddy
 
How to Hire Top Talent to Create a Purpose-Driven Business
How to Hire Top Talent to Create a Purpose-Driven BusinessHow to Hire Top Talent to Create a Purpose-Driven Business
How to Hire Top Talent to Create a Purpose-Driven BusinessY Scouts
 
The Future of Workplace Culture
The Future of Workplace CultureThe Future of Workplace Culture
The Future of Workplace CultureEllieNDonnacha
 
Increase Enterprise Value By Maintaining Your Entrepreneurial Culture
Increase Enterprise Value By Maintaining Your Entrepreneurial CultureIncrease Enterprise Value By Maintaining Your Entrepreneurial Culture
Increase Enterprise Value By Maintaining Your Entrepreneurial CultureJim Eckstein
 
Cordialism: Africa HR Summit
Cordialism: Africa HR SummitCordialism: Africa HR Summit
Cordialism: Africa HR SummitErik Vermeulen
 

Similar to Cultural Fit Factor:How to Attract, Retain and Repel the Right Employee (20)

Best Work Cultures Explained
Best Work Cultures ExplainedBest Work Cultures Explained
Best Work Cultures Explained
 
Analysis Prioritisation Communication Day Three
Analysis Prioritisation Communication   Day ThreeAnalysis Prioritisation Communication   Day Three
Analysis Prioritisation Communication Day Three
 
What I've learned about Culture Transformation...
What I've learned about Culture Transformation...What I've learned about Culture Transformation...
What I've learned about Culture Transformation...
 
Cultivating Company Culture in Your Practice
Cultivating Company Culture in Your PracticeCultivating Company Culture in Your Practice
Cultivating Company Culture in Your Practice
 
Building a culture_for_sustainability_dec_9_2015
Building a culture_for_sustainability_dec_9_2015Building a culture_for_sustainability_dec_9_2015
Building a culture_for_sustainability_dec_9_2015
 
How to Find, Motivate, and Retain your Top Talent
How to Find, Motivate, and Retain your Top TalentHow to Find, Motivate, and Retain your Top Talent
How to Find, Motivate, and Retain your Top Talent
 
The Keys to a Killer Company Culture
The Keys to a Killer Company CultureThe Keys to a Killer Company Culture
The Keys to a Killer Company Culture
 
Building a values driven organisation
Building a values driven organisationBuilding a values driven organisation
Building a values driven organisation
 
The Best Culture Wins
The Best Culture WinsThe Best Culture Wins
The Best Culture Wins
 
Live culture
Live cultureLive culture
Live culture
 
Gallup Culture Audit - Transformation Model 2023.pdf
Gallup Culture Audit - Transformation Model 2023.pdfGallup Culture Audit - Transformation Model 2023.pdf
Gallup Culture Audit - Transformation Model 2023.pdf
 
People = performance infographic
People = performance infographicPeople = performance infographic
People = performance infographic
 
Culture is the byproduct of your story and strategy in action.
Culture is the byproduct of your story and strategy in action.Culture is the byproduct of your story and strategy in action.
Culture is the byproduct of your story and strategy in action.
 
EMPLOYEE BRANDING PRESENTATION
EMPLOYEE BRANDING PRESENTATIONEMPLOYEE BRANDING PRESENTATION
EMPLOYEE BRANDING PRESENTATION
 
How to Hire Top Talent to Create a Purpose-Driven Business
How to Hire Top Talent to Create a Purpose-Driven BusinessHow to Hire Top Talent to Create a Purpose-Driven Business
How to Hire Top Talent to Create a Purpose-Driven Business
 
Hardrock
HardrockHardrock
Hardrock
 
The Future of Workplace Culture
The Future of Workplace CultureThe Future of Workplace Culture
The Future of Workplace Culture
 
IPM 70 YEAR CELEBRATION in the HR Industry
IPM 70 YEAR CELEBRATION in the HR IndustryIPM 70 YEAR CELEBRATION in the HR Industry
IPM 70 YEAR CELEBRATION in the HR Industry
 
Increase Enterprise Value By Maintaining Your Entrepreneurial Culture
Increase Enterprise Value By Maintaining Your Entrepreneurial CultureIncrease Enterprise Value By Maintaining Your Entrepreneurial Culture
Increase Enterprise Value By Maintaining Your Entrepreneurial Culture
 
Cordialism: Africa HR Summit
Cordialism: Africa HR SummitCordialism: Africa HR Summit
Cordialism: Africa HR Summit
 

Cultural Fit Factor:How to Attract, Retain and Repel the Right Employee

  • 1. Are You Aligning Your Culture and Brand to Increase ROI? THE CULTURAL FIT FACTOR zz Pellet, Felix Global Vice President USA 2011
  • 2. Books by Lizz Pellet
  • 3. Program Information on This Session • How to assess and define an organization’s cultural frame work • Subcultures with in Cultures • What is Attract, Retain, Repel • The Cultural “Fit” Factor • Personal Values System alignment • Employee Value Proposition
  • 4. Can you conduct a culture assessment to determine what “fit” will be? What should be measured and why? • Identity – employment brand • Leadership • Relationships • Communication • Infrastructure • Employee Engagement • Change Management • Finance
  • 5. Tools to measure organizational culture: • Past Employee Satisfaction surveys • New assessment focused on cultural elements • Standard surveys customized to your organization • Validate survey data • Quantitative and Qualitative data
  • 6. Benefits of Quantitative Data Quantitative data allows you to determine who you are and who you are NOT! No more guesswork or assumptions. Healthy Neutral Unhealthy Identity 78 13 9 Relationships 72 18 10 Leadership 59 25 16 Employee Engagement 58 26 16 Infrastructure 58 25 17 Communication 55 25 20 Finance 38 39 24
  • 7. Why do organizations need to understand organizational culture? • Employee Satisfaction and engagement • To Create a Sustainable Competitive Advantage • What We Stand For Versus What We Do • To Create Internal Brand Loyalty and Trust • To Compete With Other Employers for the Best Talent • To Communicate the Value Proposition to employees • What happens in the case of M&A – whose identity wins, whose identity loses, whose identity do you use?
  • 8. Why is Culture Important? • Numerous studies show that organizations with performance-driven cultures have better: o Revenue growth o Employment growth o Stock Price growth o Net Income growth • Bottom line: Companies that live their culture are high performing and better places to work
  • 9. Defining Your Corporate Culture is Not as Easy as One Might Think… • Leaders create cultures that will be most beneficial in helping them achieve their goals as a business. • Differences are very real and can dilute a congruent corporate culture message. • Values will support an organization in times of crisis so that the leadership can easily respond rather than react. Just say J&J. • The ability to perceive the limitations of one’s culture and to develop the culture’s adaptability (change) is the essence and ultimate challenge of human resource leadership. • Airline examples – who do you want to work for?
  • 10. How Is Culture Created? Actions and Behavior of Executives What Leaders Pay Attention To Executives Culture What Gets Rewarded & What Gets Punished Allocation of Attention & Resources
  • 11. HR’s Role in Shaping Culture Recruiting & Compensation Training & Talent Performance Staffing & Benefits Development Management Management • Hire people • Create • Instill •Attract the • Create a who will “fit compensation corporate best of the culture where in” with the and benefit values and best employees current packages that desired •Retain top know what is culture. help reinforce behaviors/skills talent. expected of and drive the that will help •Repel the them and hold • Hire for company promote the ones that just them fit/aptitude, culture. current culture. don’t fit accountable. not skills •Measure culture and identify potential derailers.
  • 12. Executives Agree that Culture Can Be a Significant Advantage “We do a lot of things right but all those things can be copied by a competitor tomorrow. The only thing they can’t copy is our culture. Culture provides us a competitive advantage.” Colleen Barrett, President – Southwest Airlines “We have had firms study our processes and benchmark us for years, but they are hard-pressed to duplicate our success. When it comes to a sustainable competitive advantage, our GE culture is one of the most difficult things for others to copy.” Jeff Immelt, CEO – General Electric “We have no patent on anything we do, and anything we do can be copied by anyone else. But you can't copy the heart and the soul and culture of our company and that distinguishes us from everyone else.” Howard Schultz, Founder – Starbucks “We have a culture dedicated to creating a place where talented people want to work. This gives us a tremendous advantage when it comes to attracting, developing, exciting and retaining exceptional people.” Ian Davis, Managing Director – McKinsey & Company
  • 13. Today’s Employees Want Transparency • Employees are looking for a meaningful, authentic and congruent work experience • It is deeply rooted in U.S. culture to talk about our “jobs” • Cultural fit is paramount in finding a job you love (how long did you stay at a job that you didn’t fit) • Potential employees are twittering about their job interviews, the people who are interviewing them and how they are being treated. Potential PR nightmare or outstanding exposure opportunity.
  • 14. What is Attract, Retain, Repel as it Relates to Culture? • The ability to understand who you are from a cultural perspective. • Being crystal clear on what your culture is as you create an employment brand • Employees will be either attracted to your organization or be repelled by this brand • Employees who do come to work for you and enjoy an authentic and congruent work experience will stick around – retain – and talk to other people about how pleased they are
  • 15. Attract, Retain, Repel as it Relates to Recruitment and Retention = ROI • Attract – how can you get the best of the best from the current and future talent pool? • Retain – how will you keep the good ones you have that really are a good fit? • Repel – how can you keep the ones that just don’t fit from applying in the first place?
  • 16. The Connection Between Culture and its Effect on ROI… • Hard dollars spent on Recruitment and Retention = statistics • Take one executive salary from last year that was a “bad hire” • Baby Boomer = Bust: the 2010 shortage = OR NOT • Gen Y challenges • The new Knowledge worker • Mergers and Acquisitions = Cultural integration issues • Employee Engagement and productivity = do more with less and get back to work • Corporate Scandals = loss of employee confidence and share holder value • Organization’s ability to respond rather than react in times of crisis or challenges = loss of consumer confidence and brand stability
  • 17. Cultural Fit is key to Employee Engagement Gallup Study Results with responses from over 3 million employees: • 29% of the U.S. work force is actively engaged, 55% is not engaged and 16% is actively disengaged. • That means that 71% of the Americans who go to work everyday are not engaged in their job. • This equates to businesses operating at one third of their capacity. • This can cost the economy up to $350 billion per year. • HR movement – Presenteeism…….. • We have to “measure what we treasure”
  • 18. The Cost of the Disengaged 1,000 Employees x average hourly wage of $15/hour = $15,000 $15,000 x 2 hours/day in lost productivity = $30,000 $30,000 x 20 days worked in a month = $600,000 $600,000 x 12 months = $7.2 M in lost productivity. These figures are based on a M–F, 8–5pm operation.
  • 19. So how do you get people engaged? How about have some fun! http://www.youtube.com/watch?v=2lXh2n0aPyw
  • 20. Boomer Fit This was an actual picture on the career site for Harrah’s Casino in Las Vegas  It was predicted that in 2010, 30,000 boomers would retire a day in the US.  We have to get creative to keep our older workers - IP.  There is as much competition to retain the boomers as there is to attract Gen Y.
  • 21. The Next Gen Challenges…and you know what they are! • Social networking is KEY Facebook, YouTube and Twitter are the new norms in communication and have changed the branding landscape • UAB Emergency Room Rap http://tinyurl.com/6zvmj7 • Read the ERE.net article by Dr. John Sullivan re: who owns your brand http://tinyurl.com/yzfmspb
  • 22. How Does Organizational Cultural Fit Relate to Your Employment Branding Efforts? • Vision, Mission, Values - leaders create and sustain organizational culture • A common way of thinking, which drives a common way of acting • Shared assumptions and beliefs: the silent code of conduct. It is the glue that holds an organization together…or not • It is your employment BRAND in the truest form – whether you have consciously created it or not • How employees feel they fit and identify with the organization
  • 23. Cult-like Cultures - What do they have in common? • Strong sense of identity – BRAND - a core ideology. They are VERY clear about who they are and who they are not • Greater tightness of fit. Employees either “buy-in” or “get out” • Self selection process... “this is just not for me” • Show evidence of elitism. They create a sense of belonging [internally] and superiority [externally]
  • 24. Who Has a Cult-like Culture? Built to Last • Southwest Airlines has earned its reputation as one of the most outstanding companies in consumer and employment branding: Fast, FUN and Friendly is who they are… bags fly free  • You want to be a Nordee? • Mayo Clinic’s Mission • Zappos! Photo Source: Libby Sartain
  • 25. Encourage & Promote Executive Sponsorship
  • 26. The Starbucks Brand: It’s all “Green” to Me …and to Them!
  • 27. Values Alignment Knowing your intrinsic values and asking an organization to complete a values assessment.
  • 28. What is Employee Value Proposition (EVP)? • A narrative proclamation – to the employees – of how an employer will carry out the promise and uphold the values in the employment relationship. It needs to be both rational and emotional. • Make sure you have a clear understanding of EVP before going to the C-suite. Create a proclamation before you outline any creative approach
  • 29. Creative Approach to EVP While your internal marketing departments know your company’s brand, they may not have the psychometrics or external exposure to pinpoint the EVP or employment brand perception. People relate best to visual images. Consistency is quality! Source: Southwest Airlines
  • 30. EVP and the New Addition of Social Networking and Sustainability Company Commitment Employees Employee Value Proposition/Brand Recruiting/ Training and Pay, Health and Financial Work/ Work Orientation Career Recognition, Well-being Security Life Environment Social Networks Development Performance BalanceSustainability Leadership programs Program Communication Delivery Content Vehicles Channels Source: Libby Sartain, co-author “Brand from the Inside”
  • 31. Example of positioning your EVP. Start each top line with “we offer”……. Compensation Benefits Amenities Career Life Tools Connections Development More solutions Competitive More choices, Free Latte, More You can work to help you Salary, Stock more options, Health Club, Opportunities with some of plan your life Options, Bonus, more Foos Ball, to learn and the brightest and future and Promotional possibilities Sport Courts, grow people around, Financial Opportunities Covered in a dynamic, Planning, Child Parking challenging Care environment. Assistance, So that you 401(k) Can So that you Customize can grow your So that you your Package career with us So that your can grow with to meet your So that you So that you and get the work Makes a us and create needs Can Create Can take a most important Difference the career and Financial break and things experience Security.. have fun at in your life. you want. work Source: Libby Sartain, co-author “Brand From the Inside”
  • 32. Employment Brand Promise: Delivery Timeline Results 1 to 3 Years Full alignment Significantly better business results Increased ROI of recruitment & retention programs 3 to 6 Months Establish value proposition Develop brand message Roll out initiatives 12 Months Redeploy diagnostic to measure progress Track ROI 1 to 3 Months Diagnostic, Data Collection, Analysis Delivery of action plan Time
  • 33. Sustainability What about being green? How will you shift your culture?
  • 34. Going Green to Attract, Retain and Repel What are your core values as it relates to being a green organization? A report by Sustainable Business Network of Washington (SB NOW) gives us a great list to why a company should go green. Their number one reason? 1. Increasing employee satisfaction, retention and productivity 2. Improving operational efficiency and effectiveness 3. Saving energy, water and raw materials 4. Shielding yourself from escalating energy and water prices 5. Branding the business and differentiating it from the competition 6. Developing a positive, proactive relationship with local compliance inspectors 7. Reducing pollution, waste and greenhouse gas emissions 8. Avoiding fines and other sanctions green guide and certification
  • 35. The Way We Interview Candidates is Forever Changing
  • 36. CO2 Reduction Using Virtual Interviews 645 kg CO2 17 kg CO2 In-person Interview Live virtual Interview Conducting just 30 live virtual interviews per month is the same CO2 savings as taking 60 cars off the road annually
  • 37. Join the new LinkedHR Green Group!
  • 38. Why is Green Important to Your Recruiting Strategy and Overall HR Initiatives? “While candidates of all generations have begun evaluating potential employers based on their greenness few in recruiting have leveraged this hot topic in recruitment communication and activities”. “Individual recruiters need to make their firm’s environment stance a critical element of their sales pitch to potential applicants and candidates” Dr. John Sullivan June, 2007
  • 39. Social Media • We cannot talk about Video/Photo cultural fit without talking Sharing Blogging about how Social Media is changing today’s Podcasts employment. Micro • Social media has Key Social Blogging created a fundamental Platforms shift in the way people Message Boards communicate via real- time conversations RSS online. Chat Rooms Social Networking
  • 40. The World of Social Networking Changes Every Day!
  • 42. ROI: The Cost of Using Social Media vs. Other Methods $$$ $$ Free Corporate Niche boards Micro sites Web advertisements (word press) (application)
  • 43. Questions? Lizz Pellet’s Contact information: lpellet@felixglobal.com (480) 221-9649 Follow me on Twitter: www.twitter.com/lizzpellet Invite me on LinkedIn: www.linkedin.com/in/lizzpellet