FUTURE TALENT February / May 2020 | Page 24

O ON TOPIC able to align their own values with those of their employers. Notably, public discourse around ‘corporate meaning’ increased five-fold between 1994 and 2016, according to research by Oxford University and EY. At a time of low unemployment and almost limitless consumer choice, public attitudes also fuel commercial drivers. If organisations want to attract and retain both their talent and their customers, they will need to embrace authentic purpose. “There’s something going on in the world about the inside and outside of organisations not being different,” says Liz Wilson, chief operating officer of creative agency Karmarama, part of Accenture Interactive. She has noted “a groundswell of interest” from firms wishing to communicate their ‘inner purpose’ in their employer brand and employee communications. “The whole of life is a lot more transparent with digitisation and social media, and I think big companies are finding that what they promise the world in their advertising has to be delivered in everything they do; how they ask their people to behave,” she explains. “Having a strong sense of inner purpose is how you can frame that. “ O rg a n i s a t i o n s s u c h a s McDonald’s are telling us where their beef and eggs come from, showing the integrity of what they’ve promised in their behaviours. An inner purpose is a frame that can guide and empower employees at every level of the organisation.” For Karmarama, ‘inner purpose’ equates to “having a long-term vision that’s inspiring but achievable; something people can engage with practically and emotionally” (see box, p25). This is a must if we want people to bring their whole selves to work, and especially vital in a volatile and uncertain world, where purpose represents “the lighthouse in a storm”. “Almost all organisations we talk to nowadays are going through some kind of transformation, often digital transformation, which involves l ot s of d i f fe re nt e m p l oye e behaviours,” says Wilson. “The real 24 // Future Talent difference between a successful transformation, and an interesting plan met by grumbling, is a sense of purpose: the sense that the transformational process you’re going through is aligned to purpose in the organisation. That motivates and galvanises the right kind of behaviours. The purpose is the thing that connects people to your vision.” Tech disruption is creating “a real attraction to humanity”, adds Tracey Groves, CEO of Intelligent Ethics. “This is about all of us wanting to engage, to be connected, to be purposeful and to work together,” she says.“We live in such an uncertain world that we are yearning for stability and belonging. You achieve that through human contact and connection; through having a shared vision and an understanding of why we’re here.” Connecting people through a shared vision A shared vision is a tool that helps conglomerates and multinational organisations to connect their businesses and workers – across industries, countries and continents – though consistency of purpose. Take financial services company Legal & General. As its group HR director Emma Hardaker-Jones explains: “We’re a really diverse business. At one end, we sell I think people can tell the difference between a PR stunt and a meaningful intention life insurance, pensions and annuities; at the other, we’re the eighth-biggest house builder in the UK. We are involved with later living, affordable housing — and we’re the biggest asset manager in the UK. Those businesses, in and of themselves, are very different, but we have a unifying purpose of inclusive capitalism (see Q&A, p28). “This allows the divisions to run their businesses in the way they need to, while creating a common strand across the organisation,” she says. “That thread comes from the top down, around our purpose. It makes it easier to make decisions.” She cites the example of benefits packages for staff: “Last year, we made a number of changes to our package, including increasing maternity and paternity leave. Each of our businesses will have a slightly different competitive landscape, but one thing that was striking was that, because there was this unifying theme for us as a business, we were able to agree that we wanted one way of doing things across the organisation. I think that’s an example of this coming to life.” A common purpose is similarly visible at Marriott International, the world’s largest hotel chain, which is guided by the unifying principles of its founder, J Willard Marriott. He was ahead of his time in his articulation of purpose, and his words continue to resonate: “Take good care of your employees, and they’ll take good care of your customers, and the customers will come back.” Today, Marriott has distilled his thinking into four core values, stating: “As we change and grow, the beliefs that are most important to us stay the same — putting people first, pursuing excellence, embracing change, acting with integrity and serving our world.” This consistency of purpose complements the individuality of Marriott’s’ brands and properties. “We are people-centric: our culture is all about the people who work for us, the people who come to our properties and those who will come in future,” says Iratxe Alvarez, director of HR at London property St Pancras Renaissance Hotel.