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Peter Bach Syng!
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Bay Jordan Put happiness on the bottom line
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Putting Happiness at Work on the Bottom Line or The Financial Foundation for Happiness at Work Name: Bay Jordan Date: 20 May 2010 Location: Happiness at Work Conference Place: Copenhagen
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Purpose To demonstrate how taking the statement “People are our greatest asset” literally can stimulate greater happiness at work!
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Video
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Introduction The story of “Johnny the Bagger”Johnny the Bagger From the Simple Truths book and DVD “The Simple Truths of Service” by Ken Blanchard and Barbara Glanz www.barbaraglanz.com
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A Powerful Story “Service comes from the heart!” “Work is love made visible.” Kahlil Gibran
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The Power of One Johnny made a difference! So what can I do? How can I make a difference?
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The Challenge How do you make this kind of change permanent? How do you build it in to the organisational DNA?
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What are Assets?
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What are Liabilities?
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The Balance Sheet Total Assets Total Liabilities = BUT… where are the people??
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People as Assets! Here they are!!
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The New Model Balance Sheet Total Assets Total Liabilities = Still!!
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The Case For Action Accounting for people = happiness at work Removes dependency on particular individuals Happiness at work cemented into organisational DNA
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“An excellent organisation is really just a cluster of people showing personal excellence in all they do.” Robin Sharma “A happy organisation is really just a cluster of happy people showing personal excellence in all they do.” Bay Jordan But to build happiness into your organisational DNA you need me, because I am currently the only one who has the genetic code!! Therefore: A happy organisation = an excellent organisation.
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Jamie Naughton Delivering happiness
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Delivering Happiness Jamie Naughton Cruise Ship Captain/Human Resources May 20, 2010
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A little about me… 20 Joined Zappos in 2004 Human Resources background with an emphasis in Recruiting Currently oversee the Cruise Ship Operations Team
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Zappos at a Glance Corporate Background 21
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Customer service value proposition in action… Zappos is committed to WOW’ing every customer 22
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Power of repeat customers and word of mouth... 23
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3 fundamental things we’ve learned are necessary for WOW service online: 24
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Customer Service: What customers see first 24/7 1-800 number on every page Free shipping Free return shipping 365-day return policy 25
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Customer Service: What customers experience Fast, accurate fulfillment Most customers are “surprise”-upgraded to overnight shipping Create WOW Friendly, helpful “above and beyond” customer service Occasionally direct customers to competitors’ web sites 26
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Customer Service: What we do internally No call times The telephone is one of the best branding devices available No sales-based performance goals for reps Run warehouse 24/7 Inventory all product (no drop-shipping) 5 weeks of culture, core values, customer service, and warehouse training for everyone in Las Vegas office We’ll pay you $2000 to quit Culture Book Interviews & performance reviews are 50% based on core values & culture fit 27
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Happiness @ Zappos 28
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WHAT IS YOUR GOAL IN LIFE? Grow Company Get a Great Job Boyfriend / Girlfriend Be Healthy Retire Early Make Money Find Soul Mate Run Faster Spend Time w/ Family Buy A Home Get Married Run A Marathon why? HAPPINESS why?
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RESEARCH HAS SHOWN: People are very bad at predicting what will bring them sustained happiness. “When I get ___, I will be happy.” “When I achieve ___, I will be happy.”
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HAPPINESS: There is a SCIENCE behind many aspects of business including: conversion psychology of buying direct marketing customer acquisition metrics repeat customer behavior, etc. What if you spent just 10% of your time studying and learning the SCIENCE of HAPPINESS? How much HAPPIER could you be? How much HAPPIER could your employees be?
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WHAT IS YOUR GOAL IN LIFE? Grow Company Get a Great Job Boyfriend / Girlfriend Be Healthy Retire Early Make Money Find Soul Mate Run Faster Spend Time w/ Family Buy A Home Get Married Run A Marathon why? HAPPINESS why?
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A Few Different Frameworks of HAPPINESS
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Perceived Control Perceived Progress Connectedness Vision / Meaning (Being part of something bigger than yourself) A FEW DIFFERENT FRAMEWORKS ON HAPPINESS:
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Perceived Control Customer Loyalty Skill Sets No Annual Raises Pursue raises at your own pace by choosing what you want to learn. 35
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Perceived Progress 36
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Perceived Progress 37
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Connectedness 38
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Vision / Meaning 39
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If the research shows that vision / meaning / higher purpose leads to happiness… What is your company’s higher purpose? What is your higher purpose?
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Delivering HAPPINESS
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Panel Fred Gratzon Åge Høy Pedersen Bay Jordan Jamie Naughton
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