What do GE, Apple, FedEx, and Google have in common? They share the distinction of being in Fortune’s Top 10 Most Admired Companies of 2009. But, more importantly, they all provide great working environments for their people. These environments foster and encourage development, input, trust, support, and opportunities.
These companies empower their people. They believe in them, they reward them and they invest in their development and personal growth.
On the other hand, it is not surprising that three of the least admired companies in people management and customer service—Delta, Northwest, and United Airlines—are in an industry that has lost billions in recent years.
Is there a connection? Certainly. Granted, you still need a good business model, but workplace motivation and the happiness of your employees, especially those on the Frontline, are critical components to your business performance.
Although rare, it is possible to be an average company and be profitable with a mediocre working environment. It is, however, impossible to have a great company with sustained growth and profit while dealing with a negative and sluggish company environment.
Due to modern economic pressure, it is easy to fall into the trap of thinking that investing in a high-performance culture is a non-critical task. Nothing could be further from the truth when you consider the titanic costs of high turnover, whether it exists in your team or in your customer base because of your changing team.
In Ziad Khoury’s new breakthrough book, Frontline Profit Machine, he outlines what a peak performance culture looks like and how it drives workplace motivation. Here are a few of its benefits:
So, how do you build it? The Right Environment consists of eight interdependent elements that are woven together to build emotional tethers to team members, eliciting their best efforts. They are:
Great companies empower people, believe in them, and invest in their personal development and growth. Combining the Right Environment with the Right Employee Fit, and the Right Management Action that includes elements like recognition, measurement, and accountability, will help you buffer your organization from competitors. In an era of hyper-commoditization of everything from phone service to car washes, bolstering business performance through a motivated frontline may be your last line of defense and distinction.