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Great place to work

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Great place to work

  1. 1. Dr A Jagan Mohan Reddy
  2. 2. Best Companies to Work for 2013?  Defining a great place to work is a formidable task  Creating a great workplace is an integral part of an organization’s Business strategy. A great place to work?  ― a place where you trust the people you work for, take pride in what you do and enjoy the company of people you work with‖ Dr A Jagan Mohan Reddy
  3. 3. India's Best Companies to Work for Study – 2013 [Great Place to Work Institute India]:  The largest study in the country on workplace culture,  Participation from around 550 organizations spanning across 22 industries.  Surveyed 98,998 employees  In-depth analysis of people practices and their efficacy in all participating organizations. ―A great place to work is a driver of key business results. It makes us a sustainable strong concern for the long term. ― —Patrick O' Brien, President of Developed Markets, S C Johnson
  4. 4.  Creating a great workplace is an integral part of an organization’s business strategy.  Talent shortages affect more than one in three businesses globally[Annual global survey on talent shortage, conducted by Manpower group in 2013]  Creating a great workplace yields real business benefits[Great Place to Work® Institute's research of more than 20 years]  Consistently out-perform major stock indices at least by a factor or two [Russell Investment Group in US found]
  5. 5. ―The personal connect (makes it a great place to work). To quote one example, when I fell and slightly hurt myself in a competition in office, the CEO called a cab immediately and the HR Head applied medicine on my bruises, feeling apologetic for what happened, and following up on my health through phone." — Employee of a 1,300-employee best workplace in India.
  6. 6. A great place to work as comprising three fundamental relationships:  employee’s relationship with her management,  With the work he/she does and  with other coworkers.  Trust was fundamental, according to this research, since without trust the other two relationships are likely to be dysfunctional.
  7. 7. ―A great place to work was defined as a place where you trust the people you work for, take pride in what you do and enjoy the company of people you work with‖  The immediate manager plays an important role in creating a great place to work.  Managers in the best workplaces excel in nine people practices ranging from a)Hiring and Welcoming, b) Inspiring, Speaking, c) Listening & Collaborating, d) Thanking, Developing, Caring e) Celebrating and Sharing.
  8. 8. India's Best Companies to Work for Study – 2013:  The largest study in the country on workplace culture:  Participation from around 550 organisations spanning across  22 industries.  Surveyed 98,998 employees as a part of this research  An in-depth analysis of people practices and their efficacy  Hundred best workplaces are being recognized for the first time this year.
  9. 9. 1. Genuine Caring for Employees  Showing sincere interest in a person is a key difference in an employee's experience in the best workplaces.  Managers are adept at communicating to their employees that they care. 2. Willingness to Share wealth and equal opportunity for recognition  Willingness to ensure fair pay, but also in the fair share of profits.  Not stingy in recognizing employees. opportunities for special recognition.
  10. 10. 3. Candid Communication  Managers keep employees informed about important issues and changes,  Employees can ask any reasonable question and get a straight answer. 4. Reliability of Managers  80% of survey respondents in the top 25 best workplaces affirmed that their managers keep their promises.  The study shows that honest and ethical management helps in retaining employees.
  11. 11. 5. Collaboration with Employees  best workplaces involve people in decisions that affect their jobs or work environment. 6. Impartiality  Promotions don’t go to people who do not deserve them, people indulging in politicking etc. 7. Opportunities for Career Growth
  12. 12.  As we all know engagement is a choice. So the best we can do is creating an environment in which employees can choose to be engaged  Whether you take a proactive approach to avoid committing any of these engagement sins or you continue your reign as a tyrannical and caustic manager is entirely your choice. Lets look at some of the actions whichdisengage the employees[negativity]
  13. 13. 1. Destroy Any and All Sense of Meaning  Mission of yours- Keep it to yourself.  Remind them that their main responsibility is to make money for the company. 2. Don’t Let Employees Make Their Own Decisions  Make sure any and all decisions require a three- to five-step approval process.  let your micromanaging prowess kill any employee’s sense of self-direction or autonomy.
  14. 14. 3. Never challenge your employees  Don’t assign tasks that would challenge or stretch an employee to learn and grow.  Challenging your employees to grow and develop is just opening the door for more mistakes, not to mention the fact that they’ll take all of this learning to another company when they leave
  15. 15. 4. Downplay any positive results  Don’t let the star performer find out and take credit for his actions.  Don’t let your employees know that their actions create measurable impact. 5. Don’t let employees talk to each other

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