In creating best companies, some organizations break the mold.
Companies build their success in different ways. Are any of these six courageous moves right for your company?
DITCH YOUR PERFORMANCE REVIEWS.
Arizona author Dale Dauten wrote, “Have you ever had anything good come of doing performance appraisals? The answer is, of course, ‘no”. Since then, a few innovative companies like McMurry have ditched performance evaluations in favor of future-focused Performance Previews or Success Plans.
INVITE MANAGERS WHO DON’T FIT YOUR CULTURE TO BE SUCCESSFUL SOMEPLACE ELSE.
Culture fit is important in all employees, but especially so for managers. People leave managers, not organizations. Best companies offer coaching, but if all else fails, a boss that doesn’t fit the culture may need to go.
PAY EMPLOYEES TO QUIT
After their first 2 weeks of onboarding, Infusionsoft employees are offered $5,000 to quit. “We only want people to stay if they are completely on-board with the culture. By offering them a way out, they can make the decision based on buy-in, not fear of
unemployment”, said Built to Last Champion Brett Gilliland. To date, no one has accepted the offer.
THANK PEOPLE FOR DOING THEIR JOBS.
Yes, they are being paid for it – but frequent, genuine expressions of gratitude elevate work from a transaction for money to a trusting, mutually appreciative relationship. Casa Grande Regional Medical Center CEO Rona Curphy asks directors to inform her when they observe staff members going above and beyond so she can personally say thanks.
SCRAP YOUR HIERARCHY FOR A TEAM-FOCUSED APPROACH.
Like W.L. Gore. The idea of team-based workplaces isn’t new but often teams are not implemented effectively. Changing the name “department” to “team” doesn’t cut it. Effective teams are empowered, cross-functional, and foster informal leadership.
OFFER UNLIMITED VACATION TIME.
If you have developed a strong level of trust, you can save the time and effort involved in accruing and tracking. Your employees will likely work as hard as ever, but you won’t experience a last-minute scramble for time off at the end of the year.