Humanity Means Business: Why Culture Eats Strategy for Breakfast
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China Gorman, a global executive in the human capital management sector, emphasizes the importance of building cultures of humanity for organizational success. She advocates for comprehensive employee wellness programs, highlighting their positive impact on productivity and engagement as well as their return on investment. The document outlines trends in corporate value creation, indicating a shift from tangible to intangible assets, calling for a greater focus on talent and culture by CEOs and boards.
Humanity Means Business: Why Culture Eats Strategy for Breakfast
- 2. 2 ©2015QUALTRICSLLC. The recording for today’s presentation will be available on-demand at talentweek.com. Along with other content and webinars from Talentweek. Join the conversation on twitter by tweeting @qualtrics using #Talentweek and #HumanCapital. It’s not too late to register! Make sure your team and network register for Talentweek. Housekeeping
- 3. China Gorman ADVISOR, SPEAKER China Gorman is a successful global business executive in the competitive Human Capital Management (HCM) sector. She is a sought-after advisor and speaker bringing the CEO perspective to the challenges of building cultures of humanity for top performance and innovation. Well known for her tenure as CEO of the Great Place to Work® Institute, COO and interim CEO of the Society for Human Resource Management (SHRM) and President of Lee Hecht Harrison, China works with HCM organizations all over the world to enhance their brands and their go-to-market strategies. She sits on the corporate boards of Universum, Motivis Learning and PeopleStrong, and chairs the Universum North America board. Additionally, she serves on the Executive Committee of the Board of Jobs for America’s Graduates as well as the Advisory Boards of Elevated Careers, the Workforce Institute at Kronos, and WorldBlu. China is the author of the popular blog Data Point Tuesday, and is published and frequently quoted in media properties like Fortune, TLNT, Huffington Post, Inc., Fast Company, U.S. News & World Report, HR Magazine and many others.
- 4. History Humanity vs. Engagement What’s for breakfast? What’s selling?
- 22. “For the first time since the industrial revolution you cannot build a company that’s fit for the future without building one that’s fit for human beings.” Gary Hamel
- 23. “Happiness fuels success, not the other way around. When we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive at work.” Shawn Achor
- 24. Benefits of Well-Being return on investment for comprehensive, well-run employee wellness programs reduction in healthcare costs for employees taking mindfulness/meditation classes of employees report a positive impact on productivity from flexible life- work balance of companies report an extremely positive effect on productivity from integrated well-being programs of companies report an extremely positive effect on engagement from integrated well-being programs lower voluntary turnover for companies who have highly effective wellness programs 6:1 40% 28% 87% 79% 88%
- 27. 1975 83% 17% Corporate value creation is changing Source: Ocean Tomo, LLC *January 1, 2015 Intangible assets Tangible assets
- 28. 1985 68% 32% Corporate value creation is changing Source: Ocean Tomo, LLC *January 1, 2015 Intangible assets Tangible assets
- 29. 1995 32% 68% Corporate value creation is changing Source: Ocean Tomo, LLC *January 1, 2015 Intangible assets Tangible assets
- 30. 2005 20% 80% Corporate value creation is changing Source: Ocean Tomo, LLC *January 1, 2015 Intangible assets Tangible assets
- 31. Source: Ocean Tomo, LLC *January 1, 2015 Intangible assets Tangible assets 2015* 16% 84% Corporate value creation is changing
- 32. Source: Ocean Tomo, LLC *January 1, 2015 Intangible assets Tangible assets 2015* 16% 84% Corporate value creation is changing
- 46. That boards and CEOs are paying attention to talent means they’re ready to start paying attention to culture.
- 48. NOT
- 49. Josh Bersin
- 50. Josh Bersin
- 54. THANK YOU!