{"id":8212,"date":"2018-06-07T15:19:03","date_gmt":"2018-06-07T15:19:03","guid":{"rendered":"http:\/\/faisalhoque.com\/?p=8212"},"modified":"2018-06-07T15:19:03","modified_gmt":"2018-06-07T15:19:03","slug":"8212-2","status":"publish","type":"post","link":"https:\/\/staging.frameroinfotech.com\/fh\/8212-2\/","title":{"rendered":"Developing a Winning Corporate Culture"},"content":{"rendered":"
\"tedmag\"<\/div>\n
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\u201cFaisal Hoque<\/a>, founder of\u00a0Shadoka<\/a>, which develops accelerators and technology solutions for sustainable growth, and author of\u00a0Everything Connects: How to Transform and Lead in the Age of Creativity, Innovation, and Sustainability<\/a>, knows what it takes to innovate and disrupt. Both require a degree of discomfort, he admits, but usually wind up paying off in the end.\u201d<\/h5>\n

BY\u00a0BRIDGET McCREA<\/a><\/strong><\/p>\n

PART ONE<\/strong><\/h3>\n

One Foot Out the Door<\/strong>
\nIf you don\u2019t think your millennial workers will pick up and leave on a moment\u2019s notice, consider this sobering statistic: Globally, 44 percent of millennials have \u201cone foot out the door,\u201d according to Deloitte. And while millennials are likely to leave their employers for many of the same reasons as older generations, Deloitte found that many have a \u201cfear of being overlooked.\u201d While millennials may be the most tech-driven generation to date, there\u2019s likely no substitute for human connection as a talent retention tool.<\/p>\n

The Evolution of Work 2.0: The Me vs. We Mindset report from ADP sheds some light on why millennials have earned the \u201cjob hopper\u201d label. While they may still value freedom and flexibility in job hours and location more than older generations, ADP reports, millennials are most likely to leave jobs due to poor direct manager relationships, and a lack of opportunity for career development and advancement (and if it\u2019s any consolation, both Gen X and baby boomers relate on those last two points).<\/p>\n

\u201cThe first thing to understand about millennials is that they are probably far more entrepreneurial than the previous generation,\u201d says Faisal Hoque, founder of Shadoka, which develops accelerators and technology solutions for sustainable growth, and author of Everything Connects: How to Transform and Lead in the Age of Creativity, Innovation, and Sustainability.<\/p>\n

\u201cAnd it\u2019s not just about making money; it\u2019s about doing things differently\u2014from thinking to developing goals to meeting objectives,\u201d says Hoque. Millennials are also very socially conscious and motivated by the need to preserve the environment and do good. That combination of entrepreneurial spirit and socially-conscious behavior makes millennials a unique challenge for companies across all industries.<\/p>\n

\u201cIn order to motivate these employees,\u201d says Hoque, \u201cyour company processes must abide by those two principles.\u201d Overlook these principles and it won\u2019t be long before your younger, up-and-coming workers are scouring Glassdoor and Indeed for new opportunities.<\/p>\n

Keeping them Happy\u2026 and In Place<\/strong>
\nBoth millennials and post-millennials are about setting their own rules and abiding by those rules. They\u2019re tech-savvy, always-connected, and are really into social networking as a way of keeping in touch with one another. \u201cA lot of their social interaction is digital, and not face-to-face or even via phone,\u201d says Hoque, who tells distributors to factor this reality into their corporate cultures, or risk alienating younger workers who like doing things a certain way.<\/p>\n

\u201cThis all has to come into consideration when you\u2019re creating (or, remaking) your work environment and its accompany culture,\u201d says Hoque. To make that happen, try throwing out the \u201ctraditional office environment\u201d playbook for a while and using more digital and social tools for communication.<\/p>\n

\u201cThis generation grew up with the gradual introduction of instant messaging, texting, email, and other forms of written communication,\u201d Forbes\u2019 Larry Alton writes. \u201cBecause they\u2019re just as instantaneous, but provide you the ability to think over your words, they\u2019re more comfortable and precise communication forms.\u201d And while phone calls require a kind of \u201cinterruption to someone\u2019s day,\u201d he continues, \u201ctext messages and emails can be opened and read at the recipient\u2019s leisure.\u201d<\/p>\n

It\u2019s Time to Come Up with a Plan<\/strong>
\nKeeping millennials happy isn\u2019t about throwing out age-old playbooks, pulling the plug on landlines, and supporting worthy causes; it\u2019s about creating a new set of guidelines and cultural norms that will guide your distributorship through multiple generations.<\/p>\n

\u201cYou can\u2019t just go from one extreme to the other because then you\u2019ll have anarchy on your hands,\u201d Hoque warns. \u201cYou\u2019ll also have no accountability and no way of measuring success or getting things done.\u201d To avoid these traps, he tells distributors to set guidelines in advance and then bake those parameters right into the company\u2019s corporate culture.<\/p>\n

Read the full article<\/strong> @tEDMagazine<\/a>.<\/p>\n

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PART TWO<\/strong><\/h3>\n
\n

An Outside Viewpoint<\/strong><\/p>\n

\u201cThe bottom line is that if you\u2019re not challenged and uncomfortable, you\u2019ll never think of anything new or different,\u201d Hoque says. \u201cAnd when you\u2019re not thinking of anything new or different, you fall behind and your competition takes over. It\u2019s just the natural evolution and natural order in business, and in life in general.\u201d<\/p>\n

To buck this trend, Hoque says distributors need to give risk takers a place to stretch and grow, and to bring their innovative ideas to the table without judgment or fear of rejection. Give them the flexibility to come up with new ideas, both from the competitive and the creative points of view.<\/p>\n

The work doesn\u2019t stop once these risk takers are onboard, Hoque notes, because diverse thinkers need guidelines and parameters to work with. For example, a company making widgets that go into automobiles may be encouraged by a risk taker who decides it\u2019s time to make a whole new car from the ground up. Because that may not be feasible, it\u2019s up to the company and its managers to help that big-idea guy channel his vision into a more workable idea.<\/p>\n

\u201cGive them guidelines while at the same time processing that creativity in a very actionable, useful way,\u201d Hoque advises. \u201cBe both the guardrail and the encourager of creativity that results in something tangible, otherwise it\u2019ll be complete trash\u2014but don\u2019t stifle them with too much process. It really is a fine line.\u201d<\/p>\n

Read the full article<\/strong> @tEDMagazine<\/a>.<\/p>\n

\n

McCrea\u00a0<\/strong>is a Florida-based writer who covers business, industrial, and educational topics for a variety of magazines and journals.\u00a0<\/em><\/p>\n

[Photo by rawpixel<\/a> on Unsplash<\/a>]<\/p>\n

 <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Faisal Hoque, founder of\u00a0Shadoka, which develops accelerators and technology solutions for sustainable growth, and author of\u00a0“Everything Connects: How to Transform and Lead in the Age of Creativity, Innovation, and Sustainability”, knows what it takes to innovate and disrupt. Both require a degree of discomfort, he admits, but usually wind up paying off in the end.<\/p>\n","protected":false},"author":1,"featured_media":11492,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[556,557,531,630],"tags":[946,547,773,909,625,561],"class_list":["post-8212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-most-recent-blogs","category-innovation-blogs","category-leadership","category-transformation","tag-busienss-transforamtion","tag-change","tag-digital-transformation","tag-future-of-work","tag-growth","tag-sustained-innovation"],"yoast_head":"\nDeveloping a Winning Corporate Culture - Faisal Hoque<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developing a Winning Corporate Culture - Faisal Hoque\" \/>\n<meta property=\"og:description\" content=\"Faisal Hoque, founder of\u00a0Shadoka, which develops accelerators and technology solutions for sustainable growth, and author of\u00a0"Everything Connects: How to Transform and Lead in the Age of Creativity, Innovation, and Sustainability", knows what it takes to innovate and disrupt. 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