Season 7 Episode 35: Culture Improves Performance

Season 7 Episode 35: Culture Improves Performance, image of two people high-fiving each other in office
Season 7 Episode 35: Culture Improves Performance

What is the Return On Investment (ROI) of all this developing leaders and culture stuff? Massive. Jason dives into research that reminds us that culture drives positive business outcomes.

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SHOW NOTES

Jason introduces Season 7 episode 35 of the podcast, Culture Improves Performance. Welcome back to the podcast on corporate culture and leadership and thank you for listening. We engage thought leaders like CEOs, CFOs, managers, VPs, directors, and more for this podcast. We wish to create content that engages your mind and heart and allows you to step back and think and add some positivity to your life. We deep dive into today’s topic.

We can’t control everything but what we can control is our response. Still a lot of work to do but wanted to remind the audience what is within our control is the temperature we create in the organizations and teams we work with.

Please leave a review for the podcast It really helps the podcast to spread these messages out into the world. Please share this podcast with your organization, on your team, or in your life to help spread these messages. Thank you!

If any of these topics are interesting to you please or you want a deep dive on any specific topics, please reach out to us at info@jasonvbarger.com

“The reality is that if we are thoughtful about developing our people and culture, the positive business metrics will follow”

8:00 – Jason talks about the importance of developing people and culture as it relates to business metrics.

10:50 – Here is an article about the ROI of developing culture that Jason referred to in the podcast. Great workplaces have higher retention rates for example. Each year, the companies that make Fortune’s best companies to work for list, half the turnover of their peers; that is huge as turnover can be incredibly expensive. In a typical hospital, losses in nursing staff cost between 5 and 9 million dollars.

13:00 – Great workplaces have lower levels of burnout. Workers who report burnout are 2.6x as likely to actively seek a new job, and 63% more likely to take a sick day, and 23% more likely to visit the emergency room. Only 16% of employees are “thriving” according to the article above. Part of that is when every employee participates.

18:00 – Jason talks about Howard Behar, the former CEO of Starbucks and tells some great stories about how they let their people thrive in their culture by having an “innovation by all” strategy.

19:30 – A group of 69 companies that said that their companies were “thriving” actually had increases during the recession in stock prices while the overall S&P decreased. Jason talks about more examples of price and stock increases related to companies that treat employees well.

Questions to Ponder

  1. What is your development strategy to lead into the future?

  2. What is your strategy retention strategy moving forward to retain and grow your talent?

  3. What is your intentional strategy to articulate and proactively lead your culture?

Please leave a review for the podcast It really helps the podcast to spread these messages out into the world. Please share this podcast with your organization, on your team, or in your life to help spread these messages. Thank you!

If any of these topics are interesting to you please or you want a deep dive on any specific topics, please reach out to us at info@jasonvbarger.com

Listen to more great episodes here


Remember, the best leaders, teams, & cultures stimulate progress by recalibrating their thermostat together.


If you like the podcast, have a question, or just want to share your thoughts about daring to begin please leave a comment below or please leave a review on Apple Podcasts or Google Podcasts.

 

Order Breathing Oxygen now, how positive leadership impacts winning cultures
Order Breathing Oxygen now, how positive leadership impacts winning cultures

 

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ABOUT THE THERMOSTAT

Conversations and micro-thoughts to engage your mind and heart.

A thermostat is proactive. It sets the temperature in a room. Controls the temperature. Regulates the temperature. But in today’s distracted, fast-paced and digital world, it’s easy for individuals and organizations to act more like thermometers, slipping into reactionary thinking, becoming scattered and inconsistent. The most compelling leaders, teams, organizations, families, or collection of humans of any kind operate in thermostat mode. They calibrate their mind and heart to set the temperature for the vision and culture they want to create. Jason Barger, globally celebrated author, keynote speaker, and founder of Step Back Leadership Consulting, is the host of The Thermostat, a podcast journey to discover authentic leadership, create compelling cultures and find clarity of mission, vision, and values.

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