Learning from Great CEOs at the Great Place to Work® Conference
We at Great Place to Work® are often asked to explain why focusing on culture matters. This is because for more than 30 years, we have been studying the relationship between a strong culture and organizational performance. In addition, our research compiling the FORTUNE 100 Best Companies to Work For® List each year has resulted in further insight into these outstanding organizations, allowing us to truly understand the impact a great workplace culture can have on an organization’s overall success.
Trust Breeds Strength and Stability
The Bureau of Labor Statistics recently reported that Millennials have a median job tenure of just over three years, making them the generation with the highest rate of turnover. Couple that report with the fact that within the decade Millennials are expected to make up 75% of the workforce, and this finding poses a major concern for organizations. However, the 100 Best Companies have experienced as much as 79% less voluntary turnover than their industry peers. And from 1997 to 2013, one of the more turbulent periods for the stock market, Best Companies outperformed the market by a factor of more than two.
Consulting engagements with Great Place to Work have helped companies overcome challenges and contribute to more profitable results overall (visit our whitepapers and case studies page for examples). We continue to see positive change in the organizations we work with and know that during times of change, increasing levels of trust in the workplace is one of the most powerful ways to ensure stability and strength in the future.
A Forum for Trustworthy Leaders
Shifting to a culture of trust and engagement is a challenging journey for all organizations. A key part of this journey is the inspiration, commitment, and support that leaders of the organization provide. However, it is not easy for leaders to consistently champion a great workplace culture in the face of many competing priorities.
To respond to this need, we are hosting our first ever CEO Forum at our annual Great Place to Work Conference in Dallas on April 22nd. Best Companies CEOs Brett Roberts of Credit Acceptance, and Dr. James R. Downing of St. Jude Children’s Research Hospital, will share their organizations' journeys to achieving high-trust cultures. They will discuss the role of the CEO in sustaining a high-trust culture, share lessons learned, and the impact trust has had on their organizations.
Participants will have the opportunity to engage with presenters and fellow CEOs also working on advancing their companies’ cultures.