Scaling Up Magazine Scaling Up Magazine Summer 2018 | Page 29

SUMMER '18 WOULD YOU read a book for cash? Many CEOs find that their employees will, and that by using the BetterBookClub to organize the process, they can build better awareness of new business methodologies and concepts that can be helpful in growing their companies. Advertising entrepreneur Arnie Malham started the BetterBookClub when, in an effort to get up-to-speed in running his previous firm, CJ Advertising, he found that the books he was reading were overtaking his home. To clear the clutter, Malham packed his books in boxes and brought them to the office, confident that they would find new life among his employees at work. Only that didn’t happen. The books sat, unread, until Malham devised a plan. Inside each book, Malham wrote a number—perhaps “50” or “100”— that was the dollar amount he would pay an employee for reading that particular book. This method worked like a charm to motivate employees—particularly the younger, more cash-strapped ones—to begin to read and learn. Soon, they were reading dozens of books, educating themselves on important business topics and strategies that would often help improve their own job performance and productivity. From there, the BetterBookClub was born. In 2012, as a speaker at the John DiJulius Customer Service Summit in Cleveland, Ohio, Malham mentioned his unique idea of “paying people to read.” Of the dozen or so things he covered that day, he found himself answering questions almost exclusively about the BetterBookClub. That was the day Malham realized that this simple concept he had been using for several years to grow his team members in-house might be a business concept capable of creating a very real impact on a great number of people. He quickly replaced the system he had cobbled together in Microsoft Excel and Access with a real operating system, launching the company officially in 2014. Now, just a few years later, there are BetterBookClubs in hundreds of GET DOWN TO BASICS locations, each espoused by an employee “champion.” That person works to recruit group members, form discussion groups based on particular books or topics, and supervise the overall process. Rather than the traditional book club format, in which everyone reads a single book for discussion, the BetterBookClub is structured to allow members to read books (including ebooks or audiobooks) of their choosing—possibly a different book for everyone—and then meet to provide a five-minute overview of the particular book they read. This sharing of ideas not only plants the seeds for employees to discover new books to read but also encourages the exchange of ideas among employees that work closely together as well as those that might be meeting for the first time. The entire process makes for a more knowledgeable employee base and richer exchange of ideas within the organization. “It brings important concepts to life in a way that’s truly extraordinary,” says Malham. A simple dashboard shows participants what each of them is reading, available books, book rankings and reviews by employees, and statistics like “most popular book.” Employees can join as many of these untraditional book groups as they want. Their reading profile follows them whether they are in a group with other employees, business peers, or purely social friends. Companies incentivize their readers in different ways—many with cash that might be paid via a gift card, cash or payroll, or company swag. The ballpark cost per employee per year is about $200, but that number is highly dependent on the degree of participation, the commitment of your company champion, and the vitality of your recognition and rewards program. At Hollister Construction, based in Parsippany, New Jersey, the BetterBookClub is part of an overall growth culture, which also includes training, mentoring, and other programs. According to Project Executive Tony Bienert, who oversees the club, one of the original goals of starting the project was to help employees become better educated so they could help become leaders in areas such as project planning, financial analysis, and management. 29 “Our company is all about learning and growing—both personally and professionally—so our book collection aligns with these core values,” says Tony. “If we see that we are lacking in an area related to a core value, we will add to our collection, which now numbers about 235 books.” For example, the book The Go Giver—A Little Story About a Powerful Business Idea by Bob Burg was added recently because it perfectly embodies almost every one of Hollister’s core values. The message in the book is to freely give of your time, talents, and treasures without the expectation of anything in return. At DSicovery, a legal support firm based in Nashville, Tennessee, the BetterBookClub gives employees an opportunity to connect with colle agues they may otherwise never have the opportunity to meet. “With eight to ten different departments, we often don’t have the opportunity to work side-by-side with certain people,” says Justin Moses, the firm’s Culture Warrior. “Employees are often busy in various meetings in different directions, but they come together for this one meeting that bridges the gap between departments. We can get to know each other better and become attuned to new ideas based on the books we’re all reading.” Moses describes one particular book, 2 Second Lean by Paul A. Akers, that had such an impact on him that he recommended it to a colleague in the production department of DSicovery. She read the book, which details how companies can enhance efficiency, and others in her department followed. Their reaction was so positive that the team decided to reorganize the department according to the book’s recommendations, which helped enhance process efficiency and greatly improve productivity. Through it all, Malham continues to read avidly, and he predicts he will never slow down. His favorite strategy is to hear a speaker and then follow up by reading his or her books. By the end of 2019, he hopes to have 50,000 other readers engaged in over 1,000 BetterBookClubs across the globe—all learning innovative and creative ways to contribute to the ongoing growth of their companies. BetterBookClub.com