Conscious Capitalism: The Shift

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In the rapid changing business scenario, what is the real In the rapid changing business scenario, what is the real cutting edge? Is it advanced processes, innovative technology, business strategy, or is the people who make it all work?

Transcript of Conscious Capitalism: The Shift

  • In the rapid changing business scenario, what is the real In the rapid changing business scenario, what is the real

    cutting edge?

    Is it advanced processes, innovative technology,

    business strategy, or is the people who make it all work?

  • Current Corporate Reality...Brain Drain

    Disengaged Employee

    MechanicalMechanicalIneffective Employee

    No Initiative

    Low risk, Uncreative Behavior Low risk, Uncreative Behavior

    Lack of Ownership

    Sabotage

  • Fewer than 1 in 3 employees worldwide

    (31%) are really involved in their work.

    Nearly 29% of company time is unproductive.

    We lose an equivalent of 33.5 days per worker, per year

    Organizations with higher than average levels of

    employee commitment and involvement, reaped

    27% higher profits, 50% higher sales, 50% higher

    customer loyalty levels, and 38% above-average

    productivity.

  • How can we move to

  • Enabled Employee

    High level of responsiveness

    PassionatePassionate

    Openness to Learning

    Sense of Purpose

    Being In the Zone

    Camaraderie Camaraderie

    Happiness

    Vitality

  • Happy Employees mean better bottom line results

    Happy employees have 31% higher productivity

    Are 29% less absent than unhappy employees

    Display higher commitment to their work

    Are less likely to quit

    Creativity is three times higherCreativity is three times higher

    Receive better evaluations/appraisals from supervisors

    Go above and beyond the call of duty (higher initiative and ownership)

  • People have a tendency of getting in the way of their

    own success

  • Performance Rarely equals Potential. The biggest barrier is Interference

  • Inner Environment Inner Environment At workplace the external environment certainly

    matters. However there is an even more important

    environment in which we work: the environment

    between our ears.

    Our thoughts feelings assumptions, beliefs, attitudes,

    past experiences, desires, emotions all contribute to thispast experiences, desires, emotions all contribute to this

    internalinternal environmentenvironment..

  • P = p i

    Interference is constant stream of internal dialogue that aperson has.

    Often this self talk (internal conversation) is judgementaljudgemental ofof selfself asP = p iP: Performance

    p: Potential

    i: Interference

    Performance rarely equals potential. The biggestThese internal dialogues hinder a persons ability to respond

    Often this self talk (internal conversation) is judgementaljudgemental ofof selfself as

    well as judgementaljudgemental ofof othersothers,, attributing meaning to any

    situation which may be far from the truth.

    Performance rarely equals potential. The biggest

    obstacle is InterferenceInterference..

    These internal dialogues hinder a persons ability to respond

    spontaneously and resourcefully to any situation .

    affecting performance affecting performance in a big way.

  • INNER Environment

    Affects external

    OUTER Environment

    Judgments

    Affects external

    conversations,

    interpersonal

    relationships, the

    environment & the

    outcome

    Reaction from othersJudgments

    Should and shouldnt

    Fears, doubts

    Insecurities

    Criticism

    Expectations

    Reaction from othersFeeling of being

    threatened

    Defensive responses

    Lack of trust

  • Distortion in

    PerceptionInterference

    Perception

    Distortion Distortion Distortion in Response

    Distortion in Results

  • Its All About a Shift

  • INNER Environment

    Emotional safety

    OUTER Environment

    Mutual Respect

    Emotional safety

    Respectful

    Interactions

    Spontaneous

    Excitement of

    creating

    possibilities

    Mutual Respect

    Appropriate Risk

    taking

    Value one anothers

    capabilities

  • What do we want to work on?

    Overcome the inner obstacles that sabotage your efforts to Overcome the inner obstacles that sabotage your efforts to

    be the best on the job i.e. Performance = Potential

    Unlearning negative thought patterns and blasting limiting

    belief systems

    Developing Learning agility (ability to adapt, learn, unlearn)

    Tap into natural potential for learning, performance and

    growth growth

    Converting mediocre performance into a rewarding one

  • How do we achieve this?

    A shift...

  • From Judgement to From Judgement to

    AwarenessAwareness

    From Reactive to From Reactive to

    Responsive Responsive

    From Surviving to From Surviving to

    ThrivingThriving