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PLAN 10 BEST PRACTICES OF A BEST COMPANY TO WORK FOR
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Every year, FORTUNE Magazine publishes a list of the 100 Best Companies to Work For®. BUT WHAT DOES THAT DISTINCTION TRULY MEAN? • It means a winning culture that inspires employees to innovate and achieve. • It means teams that collaborate to make a diﬀerence for customers every day. • It means a fertile environment for learning, growth, and accomplishment.
Who wouldn’t want to work in an environment like that? Any company can become a better place to work. It takes eﬀort—but the positive impact on employees, customers, and proﬁts makes it all worthwhile. Read the 10 best practices of a best company to work for below.
WHO ARE YOU? WHAT ARE YOUR STORIES? WHO ARE YOUR PEOPLE? ? WHAT IS YOUR MISSION? WHAT IS YOUR DRIVE? Know who you are. Unpack what matters most. Culture begins with purpose. Great places to work always know and live theirs. 1 2 3 4 5 6 7 8 9 10
Identify what’s working—and what needs improvement. FORTUNE selects the 100 Best Companies to Work For based largely on an employee survey called the Trust Index Survey. Conduct a similar survey yourself. Have managers lead group discussions on the results. Then create an action plan that involves every employee in tweaking and improving your culture for success. 1 2 3 4 5 6 SOURCE 7 8 9 10
I WANT TO MAKE A SUGGETION. SHARE YOUR THOUGHTS. WHAT DO YOU THINK? HOW CAN THIS BE BETTER? WHAT CAN BE CHANGED? WHAT CAN I DO TO HELP YOU? Find ways to build trust. Conversations build trust. So create forums for open communication and idea-sharing that get everyone involved. Set goals. Measure progress. Help employees identify how the work they do connects to the mission of the company. 1 2 3 4 5 6 7 8 9 10
Celebrate often. Think about how your environment makes employees feel. Focus on celebrating, appreciating, and empowering them with strategic employee rewards and recognition, and your workplace will brighten. 1 2 3 4 5 6 7 8 9 10
Do a beneﬁts audit. Make sure the ones you oﬀer matter. Every workforce is different. Be sure to deliver beneﬁts that make sense for your organization. Look closely at utilization, costs, and upsides. Once you’re certain your beneﬁts make sense, communicate why to your employees. 1 2 3 4 5 6 7 8 9 10
WHAT ARE YOUR VALUES? DON’T COPY OTHERS HAVE IDEAS WITH MEANING KNOW YOU MISSION. DON’T DO IT DO WHAT’S RIGHT FOR YOUR STAFF FOR AWARDS Be uniquely you. Think about what sets your culture apart. What makes it special? Instead of copying Google, Pixar, or other successful companies, align beneﬁts, perks, campus improvements, and other changes with your personality, mission, and values. Embrace things employees can identify as uniquely yours. 1 2 3 4 5 6 7 8 9 10
Remember it’s a process. Creating a great place to work is not a single event. It’s a continuous process. Make becoming a great place to work part of your company culture. Always look for ways to simplify, innovate, and improve. Ask for feedback, and start again. 1 2 3 4 5 6 7 8 9 10
FRIDAY Don’t forget to have fun. What’s a great place to work without relationships, memories, and experiences? Give your employees permission to have fun! Create traditions around holidays and birthdays. Surprise teams with occasional short Fridays, celebrations, or free food. Remember it’s the little things that take a culture from good to great. 1 2 3 4 5 6 7 8 9 10
INSPIRE GREAT WORK BRAINSTORM ENCOURAGE CREATIVITY PROVIDE DEVELOPMENT Ask: Do people feel inspired? People long to do meaningful work, to make a difference in the world. Are you inspiring people to do that kind of work? Encourage brainstorming and creativity in all your teams, and provide opportunities for employees to learn and grow. 1 2 3 4 5 6 7 8 9 10
Make sure the ones you offer matter.! PLAN Make it a priority. Great places to work aren't created overnight. They are the result of a long term commitment. O.C. Tanner began its journey to making the Fortune list seven years before making it in 2015. And we followed every one of the steps above. So make being a great place to work a priority. Have clear goals. Follow a plan. Get everyone involved. With the whole organization on board, you'll be well on your way to creating a great place to work. 1 2 3 4 5 6 7 8 9 10
These 10 insights can take your workplace from good, to great, to best. Put them to work in your organization today to engage and inspire your employees to do great work. 1 2 3 4 5 6 7 8 9 10
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O.C. TANNER AND THE O.C. TANNER INSTITUTE O.C. Tanner, on the FORTUNE 100 Best Companies to Work For® list for the second year in a row in 2016, helps organizations create great work environments by inspiring and appreciating great work. Thousands of clients globally use the company’s cloud-based technology, tools, awards, and education services to engage talent, increase performance, drive goals, and create experiences that fuel the human spirit. Learn more at octanner.com. The O.C. Tanner Institute regularly commissions research and provides a global forum for exchanging ideas about recognition, engagement, leadership, culture, human values, and sound business principles.
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