Evidence:
Increasing Consciousness Increases Profits
Jim Collins Level Five Leadership: The Triumph of Humility and Fierce Resolve Harvard Business Review, 2003, Product 5831
Of 1435 Fortune 500 Companies, only 11 achieved and sustained greatness --- returns over 3 times the market for 15 years after a major transition period. In addition to four other qualities, each of these 11 leaders had Level 5 Leadership == Humility + Will.
Level 5 Leaders routinely credit others, external factors and luck for their companies ' success, but blame themselves for poor results. Act quietly, calmly and determinedly, relying on inspirited standards, not charisma, to motivate. Exhibit unwavering will to do whatever it takes to product great results, to have their company be even more successful in the future.
Examples: General Electric's Charles Coffin; Bill Allen of Boeing; Sam Walton of Wal-Mart; George Merck of Merck; Darwin Smith of Kimberly Clark; James Burke of J&J
Four other qualities:
First Who: get the right people on the bus, then figure out where to drive
Paradox: deal with brutal facts of the situation + have absolute faith that company will prevail,
Build=up Breakthrough flywheel: keep pushing until breakthrough
Hedgehog: intersection of three circles: what are we best at; how economics work best; what ignites people's passion
Pull the Plug on Stress-- Harvard Business Review, July 2003
1999 Health Enhancement Research Organization study of 48,000 workers (big business and several state governments) found that health owe costs are 147% higher for people who are stressed or depressed, independent of other health issues. And, stress/ depression health care costs exceeded those stemming from diabetes and heart disease, both stress related illnesses.
Five Stage Process: 1) Recognize and disengage; 2) Breathe through your heart: 3) Invoke a positive feeling; 4) Ask yourself: Is there a better alternative? 5) Note change in perspective
In one study of 1000 people, number reporting high stress dropped 69%; number reporting any stress symptoms fell by 56%.
Wilson Learning (www.wilsonleaming.corn)
Daniel Goleman (2002): "85% of the abilities that make the difference between average leaders and star leaders are really based on emotional intelligence"
Study of connections between business performance leadership and employee satisfaction (1999)
"69% of employee job satisfaction stems from the leadership skills of managers."
"39% of the workforce bottom-line performance can be attributed to employee satisfaction."
Sloan Management Review, MIT, Summer 1999 Volume 49 No.4
Empirical study of 100 Senior Executives and HR Managers interviewed about:
1) Is it appropriate to integrate spirituality into the management of the workplace?
2) Does spirituality make a company more profitable?
Conclusions:
1) At this time in human evolution, we yearn to integrate our lives. We long
to combine our work environment with joy and fulfillment. Thus we need to integrate
management and spirituality
2) Mitroff and Denton found 5 models of practice, each of which has an interesting and valid approach, and it's own benefits and costs.
3) The majority agreed that 'the more spiritual" the more profitable.
4) Organizations viewed as more spiritual get more from their participants, and vice versa.
Gallup Study (www spiritbusiness.org)
Research shows a renaissance of the spirit manifesting on multiple cultural levels: Individual; Business; Community; Culture.
The search for Meaning & Congruence is growing Steadily
80% seek spiritual growth, up 58% in 6 years
55% say it is 'very significant` or "important'
30% say concerns of the human spirit at work increased since 9/11