From the desk of ... Mary Robinson Reynolds
Re: Having Heart! Re-Awakening Purpose and Greater Productivity at Work
Acknowledgment is one of the most powerful, yet misunderstood, misused and untapped energies available to us. It is the one thing that can ignite people's hearts and their productivity when they feel that they have value, and that what service they provide, matters.
Recent research shows that acknowledgment in the form of employee recognition, for example, has direct and unmistakable impact on a business's profitability.
A study conducted by The Jackson Organization included 26,000 employees at all levels in 31 organizations of varying types and sizes.
In addition to other questions, employees were asked to state to what degree they agreed with the question: "My organization recognizes excellence," another way of saying, "My organization acknowledges and appreciates me."
These responses were statistically analyzed and then compared with three profitability measures: return on equity, return on assets, and operating margin (The Jackson Organization, Ibid, Employee Recognition and Profitability: Making the Connection.)
Return on Equity and Return on Assets: According to the data, companies that effectively recognize excellence [appropriate employee value] enjoy a return on equity more than three times higher than the return experienced by firms that don't.
Return on Operating Margin: According to the data, companies in the highest quartile of agreement with the statement, "My organization acknowledges excellence," reported an Operating Margin of 6.6%, while those in the lowest quartile reported only 1%.
The researchers concluded their study by saying: "Companies that effectively acknowledge excellence enjoy a return that is more than triple the return of companies that don't."
I've put together a short video about how my field tested program, Make A Difference with the Power of Acknowledgment UTRAIN™ Program can bring you many benefits, such as credibility and career advancement, possibly beyond your wildest dreams... come visit me:
Reaching out ...
Author & Founder of Heart Productions & Publishing
makeadifference.com/MDPABusiness
Heart Productions & Publishing, Greater Boston Area, 800-639-8191