Showing posts with label employee engagement. Show all posts
Showing posts with label employee engagement. Show all posts

Monday, November 9, 2015

GE's Sad Recruiting Campaign Lacks Bravery




 a newly hired GE employee is talking with his girlfriend about an upcoming family gathering. The girlfriend proceeds to coach him about what to say about GE and what he is doing for them. She repeatedly suggest that he portray his new job as “working on a trendy app” and insists he leave out the “machines” and the “GE” part when they meet her parents that evening. In other words - at best misrepresent what he does and at worse lie about his job.

My guess is the only people this message resonates with are potential employees that don't have a strong sense of who they are, can be easily influenced (manipulated) to meet an outcome and lack integrity.

According to GE's website they have the following mission for their culture:
Our culture is about providing everyone who works here with opportunities to exercise their responsibility, integrity, and creativity while growing themselves, their careers, and our business.
The word integrity sticks out to me in this statement and appears to be opposed to the person I hear in the radio spots.

You may be wondering, 'why does it matter?' - because it is incredibly important to GE's future. I am guessing that GE is spending millions of dollars on this campaign because they are having difficulty attracting millennials. Anyone that has studied millennials or that is a millennial will tell you one of the things they value the most is authenticity. Neither of the people in the ad are authentic. If they can't be authentic with their own family their is no way they can be authentic in the GE culture.

Which is exactly the problem with most traditional large corporations. I write extensively about this in my book Corporate Bravery - available on Amazon.com and iTunes. In chapter 11, I talk about communications and how effective cultures (and hiring strategies) start with an alignment of values, people and communication (internal & external) - depicted by the graph below.

The totality of our communications is the external manifestation of who we are — and it’s bigger than just what we say. Throughout Corporate Bravery, we have talked often about core values and about how hiring and management practices should reinforce those core values. Any misalignment between these elements lets fear creep into your organizational culture.
Given this circumstance - how effective do you think this campaign will be for GE and what type of culture are they likely to create?

Monday, February 9, 2015

You Can't Regulate Culture

Reading this article from the Wall Street Journal from January 2015 entitled As Regulators Focus on Culture, Wall Street Struggles to Define It I was struck by how out of touch management and regulators are in defining and creating a positive and effective work culture within the banking industry.

The problem with this focus and struggle with culture is that it is driven by a desire to avoid future regulatory problems rather than a real interest in creating an environment that is engaging for employees where they might actually enjoy spending a significant part of their daily lives.


Some of the typical things that have characterized bank cultures include being one of the last industries to have a strict dress code, oftentimes requiring a logo lapel pin to be worn at all times. Banks have typically had very hierarchical organizational structures where the running joke is everyone has a Vice President title. Banks have typically lacked flexibility in working time and location and have been rigid with other aspects of work environment.

Other things about typical bank culture is bank hopping. It is not uncommon for many in management at banks to have worked at several different banks within a 5 or 10 year span as that was the path to greater financial rewards. Taking a book of business to another bank is rewarded.

These aspects and more show up in turnover numbers. When I worked for a large regional bank in the 2000's the turnover rate for the entire bank of 20,000 employees consistently ran in the high 20% to low 30% range. This study on turnover rates in late 2012 showed that the banking industry as a whole had one of the highest turnover rates of all industries.

One of my favorite lines from this article says "regulators acknowledge that culture is a difficult thing to measure". This led banks to measure things like how often employees go to happy hour or how they score on a happy to grumpy ratio. This is measured by defining happy employees as those who say they are satisfied and are more likely to act ethically. Satisfaction is way different than engagement and being happy may just mean they are well paid - again incentivizing the very behavior they are trying to root out.

The article also mentions that the industry is spending millions on workplace consultants specializing in how to measure culture including the use of surveys to tease out attitudes around pay being the best measure of success. When I asked a friend in the banking industry, specifically branch management, about this he indicated that no one answered these surveys honestly because no one wants district and regional managers in the branch. The fear of additional scrutiny and oversight invalidated the results but made management feel better about how well they are doing with culture when in fact fear was driving the behavior.

According to the article, one consulting firm hired by a bank determined it was a red flag when employees used the term 'workaround' in internal communications because it indicated a willingness to bypass set rules or policies. If you have ever worked in a bank you would know it requires work arounds of large and unwieldy systems and bureaucracies just to serve the customer. Well intentioned employees now flagged as possible threats - sounds like a good culture inducing policy to me.

Tuesday, August 19, 2014

Business Lessons from Ferguson


Lately I have found myself, like much of America, glued to the live feeds of the late night scenes of violence occurring in Ferguson, MO. The tragic events of Michael Brown’s death and the subsequent bouts of violence are at the heart of the story, but watching the scenes of violence play out between rioters and cops in Ferguson remind me of something closer to home for the Corporate Bravery audience.

The clashes between the police forces (city, highway patrol, etc) have been the subject of much debate over the past week and half for the emerging story line of increasing militarization of America’s police departments. This story line even prompted an Op Ed by emerging presidential candidate Rand Paul with his Libertarian take on the issue.

I am not writing today to continue that theme or add some new wrinkle to that conversation, rather to talk about this increasing militarization of all parts of our lives.

Corporate Bravery was started to bring light to the increasing levels of fear that are encroaching upon all corners of our lives, but specifically on how those aspects of fear prevent us from living bold lives in the marketplace.


Security barriers surrounding Wall Street
We have become surrounded by images everywhere that evoke fear responses and lead us to erect an ever growing menagerie of control and safety devices around us for protection. And the images of fatigues, large munitions and tanks to solve a community issue is no different than what we are doing to our business institutions - both literally and figuratively.

The front entrances to our office buildings look like grim fortresses that communicate anything but a welcoming appearance to visitors, business partners and employees. Our time and attendance procedures and policies tell our employees that we can't trust you and our lack of flexible work arrangements indicate a complete disregard for the real issues that we face on a daily basis.

Just listen to some of the recent quotes from law enforcement officials around the nation regarding the situation in Ferguson as published in various national media outlets over the past week: