People and Management October 2018 | Page 31

www.peopleandmanagement.com • • • only their organisation, or considering their work group experiences as well. Consists of statements that cover Credibility, Respect, Fairness, Pride, and Camaraderie – the fi ve dimensions that correspond with the Great Place to Work® model©. Customised statements can be added to elicit feedback on issues of specifi c interest to an organisation. Results are tabulated and analysed across various demographic categories e.g. age, gender, tenure, geography etc. these investments become assets or actually detract from workplace culture. Producing Results Creating a systemic self- perpetuating cycle Great organisations create cultures where everyone is inspired and has the opportunity to contribute their talents and the best of themselves. Great Place to Work® has found that in the best companies, this isn’t so much a business transaction, as it is a part of a generous cycle of exchange between members of the organisation. Applying this approach is the secret to great workplaces’ long-term stability and success. Outcome The outcome reveals insights which form the basis of strategy for maximising the organisation’s efforts to become a great workplace. Great Place to Work® analyses the implications of the fi ndings and the relationship between the survey results and the institutes’ model to help the organisation. Great Place to Work® analyses the practices of more than 10,000 companies each year and has identifi ed nine practice areas that distinguish the best companies. Culture Audit© In great workplaces, something happens that transcends policies and practices. It isn’t what the companies are doing, it is how their leaders are doing it. One cannot simply predict that organisations with the most creative practices, the best bottom line, the least stressful jobs, or the most generous compensation packages are the ones that employees will most appreciate. Yes, programs and policies are essential; they are the tools that leaders and managers use to systemically create a great workplace that’s aligned with the organisation’s business goals. But it is the selection and implementation of these practices that make the difference, whether Focusing on High-leverage Program Areas Evaluating Gaps between Experience and Intent Great Place to Work® analyses the practices of more than 10,000 companies each year and has identifi ed nine practice areas that distinguish the best companies. Leaders can fundamentally reinvent their approach to effective organisational policies and practices through a complete evaluation of workplace culture. Great Place to Work® blends analysis of the employees’ workplace experience through the Trust Index© Survey and an evaluation of the people practices and policies through the Culture Audit©. Multiplying the success of investments Many organisations have impressive programs on paper, however in practice don’t see the benefi ts in these investments. Great Place to Work® has found fi ve underlying qualities that magnify the success of best companies: variety, originality, all-inclusiveness, degree of human touch, and integration with the culture at large. Through this process, organisations identify gaps between the impact the programs are intended to have and their actual infl uence. Organisations are able to identify areas that will be most Vol. 9 Issue 6 • Sep-Oct 2018, Noida / Pre-Event Edition | 31