Raymond Gilmartin wrote a poweful article for HBR, CEO’s Need a New Set of Beliefs. Gilmartin reflected on what CEO’s have been focused on in the past (maximizing shareholder value). However, he emphasizes what CEO’s should be focused on. Below are a couple of his beliefs, along with EEG ‘s (Employee Engagement Group) views that mirror Gilmartin’s.
Purpose, meaning and recognition are more powerful motivators than economic self-interest, and large external rewards can reduce intrinsic motivation. EEG (Employee Engagement Group) believes that all employees want to succeed. No one joins a job on day one, thinking, “I can’t wait to fail“. People are motivated by many factors (security, autonomy, but most of all achievement). If you understand and capture your employees’ intrinsic motivation, engagement will increase.
Actions to address societal issues should be an integral part of strategy, and operations and should be an integral part of strategy, and operations and should not be isolated as a separate activity.EEG believes that any area of focus that is important to the organization should be treated as such. If the topic is corporate responsibility, then it should be designated as an agenda topic for every meeting. It should also receive priority as the #1 agenda topic. Over time, if done right, it can become an integral part of your culture-but only with leadership support, constant communication and hard work.
If you want to read Gilmartin’s article, click here
If you want to learn more about how EEG can help improve employee engagement, contact Stephanie at: [email protected]
