by Derek Irvine
Recognize This! – Appreciation, recognition and praise are powerful means to engage and energize today’s modern workforce. That's the power of "thanks."
In 2014, I worked on many inspiring and challenging projects, but one I am particularly proud of released today – our newest book, The Power of Thanks: How Social Recognition Empowers Employees and Creates a Best Place to Work.
A labor of love, The Power of Thanks is the latest iteration of research, philosophy and success stories co-authored by Globoforce CEO Eric Mosley and myself. It serves as a blueprint for business leaders on how to harness the power of thanks and social recognition to improve company culture, decrease turnover, increase productivity, and build a happier, more motivated workforce.
Each chapter opens with the story of a leading company empowering their own employees through social recognition, in which the practice of mutual appreciation and trust directs and rewards higher employee performance. The stories shared by Intuit, JetBlue Airways, InterContinental Hotels Group (IHG), Symantec, ConAgra Foods, The Hershey Company, and more illuminate the details in the book on how building a fully engaged, energized workforce is a key to employee happiness and business success.
Why does this matter? A consistently executed culture of recognition inspires:
- Greater employee engagement and loyalty
- Stronger, more unified teams and people connections
- A creative, innovative company culture
- Improved customer satisfaction
- Increased profitability and organizational health
As Eric has said about the book:
“The Power of Thanks is more than just the title of the book. It’s a new and long overdue mindset that has the ability to create a work environment that fosters innovation and collaboration for today’s social, multi-generational workforce. When organizations harness the transformative power of emotional connections among colleagues, recognition becomes far more than a ‘nice to have.’ It becomes something that can inspire all employees with a shared purpose and vision, which humanizes work and ultimately moves the business forward.”
I’m interested in what you think about the approach we describe. Once you’ve had a read, come back and share your thoughts in comments.
Have you experienced the power of thanks?
About the AuthorMore Content by Derek Irvine