Tuesday, October 23, 2012

Lessons from CEOs Regarding Core Values

Core Values are way more than just words in a fancy frame on all meeting room and lunch room walls.  This article outlines the keys about successful core values from CEOs perspectives.



Pay Employees What THEY Want.

I recall hearing years ago about a small organization where the owner was tired of dealing with people complaining about their salaries, so he told everyone in the organization to set their own salaries.  He told employees that they could go into payroll and set their salary at the level they feel they are worth.  Here's what happened.
    • One person walked in and gave himself a small raise, just to see what would happen.  It was accepted and the new pay level showed up on his next paycheque. 
    • Another took a pay cut as she just didn't want to work that hard and felt a huge stress release of not having to live up to the expectations of the higher salary.
    • Finally, one person, who was not a great performer, took a significant raise.  However, once his salary was set at a level of what he thought he was worth, his level of performance improved significantly.
I think you will enjoy these thoughts in this article about setting salaries during the interview process.


I welcome your comments.


A great summary about the Art of Listening. 


Listening is so important.  It is said that the deepest need of the human soul is to be understood.  If this is the case, many of us are trying to be understood rather than truly listening to people empathically.  Empathic listening requires listening with the heart, ears, and eyes.  How well do you listen?  Are you and empathic listener?