“Everyone has a plan until they get punched in the face.” – Mike T презентация

CULTURE IS THE STRATEGY business is building better people January 23, 2013 tom@nextjump.com @Thom_Fuller

Слайд 1“Everyone has a plan until they get punched in the face.”

– Mike T



Слайд 2 CULTURE IS THE STRATEGY business is building better people January 23, 2013

tom@nextjump.com @Thom_Fuller

Слайд 3
HUMAN CAPITAL ECONOMY your enterprise needs to make people better
AGRICULTURE ECONOMY
MANUFACTURING

ECONOMY
People are another form of machine
Capital & infrastructure focus

HUMAN CAPITAL ECONOMY
People focus


Слайд 4WHAT WE STAND FOR
To do the LITTLE THINGS that allow others

to do the GREAT THINGS they are MEANT TO DO

BETTER
me + you = us

+

=

BETTER me

BETTER you

BETTER us


Слайд 5EVERYTHING STARTS WITH YOUR CULTURE human capital engineering (HCE)


Hiring
Environment
1
2
3
Firing


Слайд 6OUR STORY

TODAY

2006
1994
2002


1997
NxJ Founded:
College Coupon Books
Corporate + Internet
2008
2011



Survived Dot Com Bust:


4 NxJumpers


HIRING ENGINEERS
NxJ becomes top destination for engineers


FIRING
2010 Turnover skyrockets to 40% as recruiters poach…
Engineers are offered 2-3x salary increase within 1 yr of employment at NxJ


ENVIRONMENT
2012 Turnover drops to 0% in weeks
Revenue Growth Accelerates…
5 years 25% CAGR to 60% YoY


ENVIRONMENT
How do we grow even faster:
Help people stop making the same mistakes
[Character Imbalance]

+

=


Слайд 7
HIRING
College Recruiting
Lateral Hiring


Слайд 8HIRING ENGINEERS: NxJ Tech Recruiting Stats


Слайд 9COLLEGE RECRUITING many candidates at once, relevant at a later stage

Boston

Super Saturday Event Schedule

Слайд 10HIRING: BIGGEST MISTAKE, TOP LESSON LEARNED
LEAN = SUCCESS, FAT = FAILURE
?
Startups

w/ no resources achieve amazing things
Then w/ capital + lots of resources almost always fails

LATERAL HIRING IS LIKE DATING


Same person interviews date 1, date 2, date 3 (advance only if)
Trust is most important: buy used car, leave your family with?
Human beings are the best judge of trust


Слайд 12FIRING many mistakes made…leading to scathing criticism

Toxic, toxic environment. Backstabbing individuals

that are not doing their
own jobs.


Worst place to work. Should be called next Lie.


Wouldn’t wish this place on my worst enemy.


If you want to grow & learn,
go elsewhere.


Save yourself, DO NOT be the
Next to Jump

Extremely long hours – the reason Next Jump has trainer & food on premises is because they don’t expect you to go home.


Слайд 13FIRING: BIGGEST MISTAKE, TOP LESSON LEARNED
EX-EMPLOYEE = #1 ADVERTISEMENT
?
Existing employees are

biased
Anyone else doesn’t really know the company
The ex-employee has been on the inside
How you fire is a representation of how you treat people

TIMING: <3 MTHS, 3-6 MTHS


People leaving within 3 months = min disruption in the org
However biggest problems in people show up at 3-6 months
Any decision after 6 months = significant pain firing + lingering pain


Слайд 14
ENVIRONMENT


Слайд 15ENVIRONMENT: 2 influencers helped us…
Jim Loehr (Coach to world-class tennis, golf,

NFL, NBA, Olympic athletes, top CEOs, FBI SWAT, any elite performer)

Growth mindset: People can endlessly upgrade themselves. Requires deliberate practice.


Simon Sinek (all-time top TEDTalk, author of best seller, keynote speaker)

Humans exist to service other humans – the “universal why”

BETTER me

BETTER you

+

=


Слайд 16“I will want to win. But the result of the race

will not motivate me. I can honestly say that I am motivated by improvement, not results. That’s a core principle.” Mikaela Shiffrin

EVERYTHING IS PRACTICE FOR GETTING BETTER

BETTER me


Слайд 17AT THE END OF YOUR LIFE…WHAT IS SUCCESS?
EXTRINSIC MARKERS OF SUCCESS
more

stuff

INTRINSIC MARKERS OF SUCCESS
true wealth

R.I.P.
[YOUR NAME]

Built billion $ company
Made millions personally
Owns 3 houses
Owns 6 cars
More stuff…

R.I.P.
[YOUR NAME]



HELPING OTHERS..

BETTER you


Слайд 18I DO IT FOR MYSELF…
I train harder
I take feedback differently
I

work hard to be my best self

…So that I can take care of others

MINDSET THAT WINS & SUSTAINS …

BETTER me

BETTER you

+


Слайд 19
HOW WILL THIS FAIL?


Слайд 20#1 ISSUE: JUDGMENT (MORE THAN SKILLS)
People need to trust your judgment
Then

its no longer about hours

2 hours of your time
will be worth more than
40 hours of
someone with poor judgment

* We turned the entire company culture into training ground for leadership


Слайд 21Mentorship: Talking Partners
Start daily
Becomes “co-working”
Best coaches help people find their “blind

spot” (their repeated error)

Situational Workshops
Weekly: problems + what they tried
Train decision making vs “give solutions”
Counters the “bull horn” effect


TWO PROGRAMS THAT WORKED …




Слайд 22LEADERSHIP DEVELOPMENT the next big growth opportunity
Jim Loehr (Coach to

world-class tennis, golf, NFL, NBA, Olympic athletes, top CEOs, FBI SWAT, any elite performer)

Character is a muscle. It can be exercised and strengthened.



Слайд 23OUR RESULTS THUS FAR…
REVENUE
25% CAGR over last 5 years to 103%

YoY
Still accelerating…

LEADERSHIP AWARD
2013 Winner


Слайд 24WHERE WE’RE EXPERIMENTING
DO THE JOB BEFORE YOU START
ANYONE CAN BECOME A

MARINE

Test during interview process:
Growth mindset [better me] - fixed or growth mindset
Helping others [better you] - teaching/ giving motivates more learning

No matter who you hire, the environment is designed so anyone can succeed
But not everyone will succeed, some will opt-out

NO FIRING POLICY

ALUMNI PROGRAMS

Except for moral, ethical and criminal
Security - removed fear of failure
Development took off: Tough Love Programs

Boomerang - open-ended job offer to return anytime
Benefits and perks for having been part of our family

HIRING

FIRING


Слайд 25INVEST IN YOUR TEAM AS MUCH AS IN YOUR PRODUCT FROM

DAY 1

It’s a shared dream
It’s about the journey: concentrate on the steps to success

CLOSING THOUGHT


Слайд 26@Thom_Fuller
Contact me:
I will gladly do what I can, to help you

achieve the GREAT things you were meant to do

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