Values-Based Companies Few and Far Between, Say Workers

 Internal Comms Is Full-Time Job: CEOs in corporate America are six times more likely than average workers to believe they work in a company where people are inspired, a new study from LRN finds. In fact, employees say they are primarily coerced (84%) or motivated (12%) by carrots and sticks on the job rather than inspired by values and a commitment to a mission and purpose (4%). Other relevant findings include:
 

• Only 9% of employees believe they work for a high-trust organization where there is little or no fear or coercion.

• Only 12% say they work for companies where decisions are made based on long-term considerations, while 60% said that short-term mind-sets prevail.

• 90% work for organizations that don’t effectively foster coordination between departments and groups.

• Companies that self-govern through values significantly outperform those who don’t. These companies experience higher levels of innovation, employee loyalty and customer satisfaction, lower levels of misconduct and less employee fear of speaking up and retaliation.

• In companies that do self-govern through values, 94% agree that employees report unethical behavior when they see it, compared to 62% in what the study characterizes as “informed acquiescence” companies and 26% in “blind obedience” companies.

Source: LRN