Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
CONCIERGE DESK
Read more now
Read more now
Read more now
Purpose Emerging as Important Driver of Engagement.
By Joyce Gioia, Strategic Business Futurist
Thursday, 24th May 2012
 

Recently, there has been a dramatic shift in employee attitudes towards work; a new report by global brand consultancy Calling Brands reveals a change in employee attitudes towards work.

Related closely to Corporate Social Responsibility, Corporate “Purpose” is emerging as a powerful new driver of attraction, retention, and productivity.

Few businesses are already leveraging this value. (It is important to remember that this sample included only employees from larger organizations.)

According to “Crunch Time: The Power of Purpose”, working for an organization with an underlying spirit that goes beyond commercial and operational goals---ranks ahead of many other factors such as level of responsibility in a job and even career progression. This research reveals a fundamental shift in employee attitudes. Being defined as a key driver of effort and loyalty in existing staff members means that people are willing to work harder and stick with a business longer----if they see Purpose in action.

The new importance placed on Purpose is a significant discovery considering how little attention business leaders have given to it until now. What is also clear from their study is that communicating Purpose is no longer just an HR issue: it is important organization-wide.

Having surveyed 4,202 people in the United Kingdom, Germany and United States, the Calling Brands’ study is one of the first to investigate the specific impact of corporate Purpose on employee attitudes. Calling Brands conducted interviews with HR and Communications chiefs from major multinational organizations.

The consensus among the interviewees was that employees now seek greater and deeper fulfillment from their working lives. We saw this attitude when we conducted our research for the book “How to Become an Employer of Choice”.

The survey also revealed that, on average, 57 percent of respondents (64 percent Germany, 58 percent US, 48 percent UK) said they would favor joining an organization that has a clearly defined Purpose.

Moreover, an average of 65 percent of respondents claimed that Purpose would motivate them to go the ‘extra mile’ in their jobs and 64 percent claimed it would engender a greater sense of loyalty towards the organization they work for.

Purpose will be increasingly recognized by corporations as an important driver of engagement.

© Copyright 1998-2012 by The Herman Group of Companies, Inc., all rights reserved.  From 'The Herman Trend Alert,' by Joyce Gioia, Strategic Business Futurist. (800) 227-3566 or www.hermangroup.com

The Herman Trend Alert is a trademark of The Herman Group of Companies, Inc.


Advertise with 4Hoteliers.com ...[Click for More]

~ Important Notice ~
Articles appearing here contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

 Related Articles  (Click title to read)
How to Receive Retention Rewards for Top Performance.
Impress First, Then Talk Compensation.
Implementing Transformational Change through a Line of Sight.
Taking Aim At Workplace Violence.
 Latest News  (Click title to read article)
Wyndham enters into Singapore with 2 brands
Sunday, 19th May 2013

Are North Americans ready to spend?
Sunday, 19th May 2013

Shangri-La opens at the Bosphorus
Saturday, 18th May 2013

Today is: World Whisky Day
Saturday, 18th May 2013

Growth anticipated yet execs cite government as biggest obstacle
Friday, 17th May 2013
 Latest Articles  (Click title to read)
Good Ideas Are Not Enough
Sunday, 19th May 2013

Brain Storming
Saturday, 18th May 2013

I, Robot Hotelier
Friday, 17th May 2013

In The Company of Women: Don't Flip The Bozo Bit
Friday, 17th May 2013

What the Hotel Industry Can Learn From 'Heads in Beds' by Jacob Tomsky
Thursday, 16th May 2013

© Copyright 4Hoteliers 2001-2013 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy