Welcome to Episode 10 of How People Work, where Jason and Cassandra Rose, Head of People at Fringe, discuss how putting people at the center will future-proof your company’s work and wellbeing strategy. In today's business landscape, companies that prioritize their employees are the ones that stand out in tough times.
Cassandra and Jason begin by discussing the importance of making employee-centric decisions, especially during difficult times. They explore ways to prioritize employees' well-being and satisfaction, leading to better business outcomes.
It’s an age-old saying: people don’t leave bad jobs; they leave bad managers. The role of people leaders is crucial in creating a people-centric culture. Empowering and equipping them with the tools they need to support their team members is key to building a successful employee-centered strategy. Cassandra also shares some best practices for developing and training people leaders to foster a culture that values employees' contributions.
Although there are few people who spend their whole careers at a single company anymore, employees can still have significant impact at a company in 3 years. Jason and Cassandra explore the importance of not looking at one’s tenure at a company, but the employee’s lifetime value when looking at the impact made in time there.
Your people are your greatest asset, and investing in them will ultimately drive your company's success.
Key ideas and highlights:
- Companies that center around their people are the ones that differentiate themselves in bad markets.
- The best way to have a people-first people strategy is to empower and equip their people leaders.
- What your employees say about your company after they leave can be so much more powerful than what they said when they were an employee.
- Deloitte Workforce Wellbeing Imperative https://www2.deloitte.com/us/en/insights/topics/talent/employee-wellbeing.html
Word of the day: We haven’t forgotten about the word of the day! We’ll pick back up when Jordan returns.
Chapter:
(0:00) Intro
(4:58) How people-first companies differentiate themselves in the midst of economic turmoil
(6:46) The key to your people strategy lies in what you as a company are aiming for
(8:34) How to meet the needs of a diverse workforce
(13:17) Why the best companies equip people leaders
(15:30) The evolution of work and why we must rethink how we think about work
(17:40) Three ways people leaders can empower their direct reports
(19:46) How to balance flexibility and the needs of the business
(25:03) The power of a boomerang employee
(25:29) Lifetime employee value