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CEOs Guide to Recognising Success

How do you know that you have been successful? How about your team? Your company? There are certain elements that make up a successful company. See if that is the case with your team or company!

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CEOs Guide to Recognising Success

  1. 1. CEOs GUIDE to recognising success 4 ways to understand that your team is doing a good job
  2. 2. So you’re a CEO of a huge company. Working hard trying to make something great. But there’s always more work. More stuff to do. How do you know you have succeeded?
  3. 3. Global engagement rate: If you can do better, you are doing a good job. Russian Federation Western Europe Australia & New Zealand Latin America 24% 21% 19% 14% US & Canada29% Having engaged employees
  4. 4. An "engaged employee" is defined as one who is fully absorbed by and enthusiastic about their work and so takes positive action to further the organization's reputation and interests.
  5. 5. shows that you’re running a team everyone wants to work in; saves you a lot of money as well; shows high engagement. Low turnover rate: Having low turnover rate
  6. 6. Employers will need to spend the equivalent of six to nine months of an employee’s salary in order to find and train their replacement. $22 500 Employee’s annual salary Cost of hiring and training a replacement $45 000 $90 000 $30 000 $60 000 $120 000 $30 000
  7. 7. 2/3 of organizations struggle to implement their strategies. 80% of small business owners don’t keep track of business goals. 2/3 of senior managers can’t name their firms’ top priorities. Your company has clear goals and everyone is working toward your vision
  8. 8. Set clear goals with OKRS: Objectives and Key Results is a popular technique of setting company, team, and personal goals then connecting each goal with 3-4 measurable results. As you achieve those results, the whole objective gets marked done. OKR Benefits: COMPANY: Mobility - OKRs suit for everyone, regardless of the industry or size DEPARTMENT: Productivity and accountability - OKRs help you measure and envision what success looks like TEAM: Brings focus & clarity - people move together towards important goals, not small unimportant tasks INDIVIDUAL: Clear communication & alignment - make sure each individual knows what is expected of them and what others are focusing
  9. 9. Get started with OKR goal setting with Weekdone goal setting Try it out now
  10. 10. 40% of people that write down goals don’t check whether they’ve achieved them Those who send weekly progress reports to friends achieve more. 50% of senior leaders and 33% of managers and 19% of front-line employees update their goals throughout the year as business needs change 50% of employees know what is expected of them at work. 33% 19%50%
  11. 11. Trust has to be built on the conviction that this conductor, this coordinator, this executive creates a partnership — and then you have trust. Peter Drucker. According to DDI, 99 percent of employees think trust in the workplace is a vital need at work. You trust your employees
  12. 12. Being honest; Being consistent; Having a mutually beneficial relationship; Using good judgement. Build workplace trust by:
  13. 13. Know how well your company is doing with: Weekdone goal setting app and OKRs. Try it out now
  14. 14. RELATED CONTENT BY WEEKDONE WEEKLY STATUS REPORTS TECHNIQUES 12 BEST TIME MANAGEMENT BE MORE PRODUCTIVE NOW 7 LIFEHACKS BY WEEKDONE (that can be absorbed during a coffee break) 12 BEST TIME MANAGEMENT TECHNIQUES 9 UNIQUE TRAITS OF HIGH-PERFORMANCE TEAMS 7 LIFEHACKS: HOW TO SUCCEED IN PRODUCTIVITY WITHOUT REALLY TRYING

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