“Psychological safety - TEAM
MEMBERS FEELING SAFE TO TAKE RISKS and be vulnerable in front of each other - was far and away THE MOST IMPORTANT of the five dynamics we found that set successful teams apart.” - Google
“TRUST BETWEEN MANAGERS AND THE VERY BEST WORKPLACES.” These companies
In the Fortune100 Best Companies to Work for, research shows that
EMPLOYEES is the primary defining characteristic of
“beat the average annualized returns of the S&P 500 by a factor of three.” - Great Place to Work
THE PAYOFF CAN $4,000 FOR EVERY $1,100
“If learning leaders focus more effort and resources on building the soft skills required for leadership,
BE SIGNIFICANT. Organizations demonstrated an average return on investment of SPENT DEVELOPING SOFT SKILLS.” - Developmental Dimensions International “Executives overwhelmingly indicated that
TWO SOFT SKILLS
INTEGRITY AND COMMUNICATION WERE THE TOP
needed by employees in today’s workplace.” - Business Communication Quarterly
RETURNED $2.30 FOR EVERY LOWER HEALTH CARE COSTS, HIGHER
“Initiatives and programs that fostered a resilient and mentally healthy workplace
DOLLAR SPENT — with the return coming in the form of PRODUCTIVITY, lower absenteeism and decreased turnover.” - PwC as cited in Harvard Business Review
“The vast majority of employers consider
SOFT SKILLS JUST AS IMPORTANT as hard skills when it comes to
evaluating candidates for a job, and 16 percent even say they’re more important.” - Career Builder
“Ask senior executives what their biggest concern is and they will all tell you the same thing. It’s talent possessing some specific soft skills beyond conventional business and engineering training. Five essential TALENTS
THAT COMPANIES NEED EMERGED IN RESEARCH: intellectual curiosity, 360-degree thinking, cultural competence, EMPATHY, AND ADAPTABILITY.” - Fortune
“When something happens at work—some workday event—it immediately triggers cognitive, emotional, and motivational processes. People’s minds start ‘sense making’: They try to figure out why the event happened and what its implications are. Depending on what happens with these cognitive and emotional processes, motivation can shift, which, in turn, affects how people perform their work.
CLEARLY, INNER WORK LIFE MATTERS TO PERFORMANCE— how creatively people will think, how much commitment they will show to their work, how collegial they will be, HOW PRODUCTIVE THEY WILL BE.” - Harvard Business Review
SOURCES: Google: Rozovsky, J. (2015). The five keys to a successful Google team. Re: Work Google, Retrieved from: https://rework.withgoogle.com/blog/five-keys- to-a- successful-google- team/ Great Place to Work (2016): Fortune 100 best companies to work for list 2017. Great Place to Work. Retrieved from: https://clients.greatplacetowork.com/list-calendar/fortune- 100-best-companies-to- work-for Developmental Dimensions International (2015): Ready-now leaders: 25 findings to meet tomorrow’s business challenges. Global leadership forecast 2014 – 2015. Retrieved from: https://www.ddiworld.com/DDI/media/trend-research/global- leadership-forecast- 2014-2015_tr_ddi.pdf?ext=.pdf Business Communication Quarterly: Robles, M. M. (2012). Executive Perceptions of the Top 10 Soft Skills Needed in Today’s Workplace. Business Communication Quarterly, 75(4), 453-465.doi:10.1177/1080569912460400 PwC as cited in Harvard Business Review: Fernandez, R. (2016). 5 ways to boost your resilience at work. Harvard Business Review, Retrieved from: https://hbr.org/2016/06/627-building-resilience-ic- 5-ways- to-build- your-personal- resilience-at- work, with reference to PricewaterhouseCoopers’ research (2014) Creating a mentally healthy workplace: Return on investment analysis CareerBuilder (2014): Overwhelming majority of companies say soft skills are just as important as hard skills, according to a new CareerBuilder survey. CareerBuilder. Retrieved from: http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx ?sd=4/10/2014&siteid=cbpr&sc_cmp1=cbpr817_&id=pr817&ed=12/31/2014 Fortune: Wilson, E. J. (2015). 5 skills employers want that you won’t see in a job ad. Retrieved from: http://fortune.com/2015/06/10/5-skills- employers-want- that-you- wont-see- in-a- job-ad/ Harvard Business Review: Amabile, T. & Kramer, S. J. (2007). Inner work life: Understanding the subtext of business performance. Harvard Business Review, Retrieved from: https://hbr.org/2007/05/inner-work- life-understanding- the-subtext- of-business- performance