PurposeMeetsExecution.com Louis@PurposeMeetsExecution - FINAL.pdf · PURPOSE Bringing peace of mind...
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Transcript of PurposeMeetsExecution.com Louis@PurposeMeetsExecution - FINAL.pdf · PURPOSE Bringing peace of mind...
PURPOSE DEFINED WHAT DOES IT MEAN?
Where your talents and the needs of
the world cross.
Aristotle
The reason your
organization/industry exists.
Your WHY.
purpose [pur-puh s]: The reason
for which something is done or
used: the aim or intention of
something.
Merriam-Webster Dictionary
PURPOSE Bringing peace of mind to people has been at the foundation
of their organization and success since 1848.
NATIONAL LIFE GROUP
WHAT: Create a better
future for
each and every customer
through innovative
financial solutions and
keeping every promise
WHERE: Bring peace of
mind to
everyone they touch
WHY: Bring peace of mind
They have a consistent record
of delivering
what they promise to their
employees, agents, customers
and community.
Dividend paid on its
participating life insurance
policies every year since
1855. Through the Civil War,
the great flu epidemic of
1918, the Great Depression,
two World Wars and most
recently the Great Recession,
National Life has delivered.
Their life insurance
sales have doubled
since 2011 and their
customer base continues
to grow (2014: 796,000
– 2016: 843,000).
GLASSDOOR:
94% would recommend to
a friend
99% approve of the CEO
http://news.walmart.com/media-library/videos/youtube/our-purpose-ai3sofjq9xw
PURPOSE MEETS EXECUTION Firms of Endearment showed that companies with Purpose out
performed the S&P 500 by 14 times and Good to Great Companies
by 6 times over a period of 15 years.
Cumulative
Performanc
e
15
Years
10
Years
5
Years
3
Years
USFoEs 1681% 410% 151% 83%
International FoEs 1180% 512% 154% 47%
Good to Great Companies 263% 176% 158% 222%
S&P 500 118% 107% 61% 57%
ENGAGEMENT
Improved organizational
communication
Increased celebration, reward and
recognition
Improved people engagement (employee
and customer)
Less employee absenteeism
Improved safety record
Reduced attrition
Improved product quality &
innovation
Improved employment brand
Improved candidate attraction
On-going employee feedback
FINANCIALS
Increased sales
Increased profits
Improved productivity
Reduced costs
Less shrinkage
(retail)
PURPOSE MEETS EXECUTION =
REALIZING FULL BUSINESS POTENTIAL
SUCCESS STARTS WITH
ALIGNMENT
If you want to fulfill your purpose, you must surround yourself with people who believe what you believe.
WHAT?
WHERE?
WHY?
Advance marketplace trust • Setting standards • Supporting best practices • Celebrating role models • Addressing substandard behavior • Creating community
An ethical marketplace where buyers and sellers trust each other
To help people find businesses, brands and charities they can trust