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Heads Up! A weekly update on the world of innovation brought to you by Innovation University, a best practices program of the Innovation Network.

New Research Proves Your Talents Drive Everything From Revenue Increases and Profits to Stock Value
by Allen Fahden, Innovation University Faculty Member

    No matter which business book you read today, they all lead to the same brick wall: How do you get a new idea implemented in your own organization? Read the June 21, 1999 issue of Fortune. In "Why CEOs Fail," the author cites the departures of Sculley, then Amelio, from Apple and Akers from IBM as not due to "the vision thing" but that they couldn‚t get the organization to implement their visions.

    Now, thanks to the work of Marcus Buckingham and Curt Coffman of the Gallup Organization, there‚s new hope for both leaders and workers. In their book, "First Break All The Rules," they establish the first-ever quantified link between treating people well and revenue, profit and stock value. As a change agent in your organization, you've probably often felt like a square peg in a round hole. What's the usual solution? Roundness training.

    Through analyzing 25 years of studies, spanning 12 industries, 24 companies, 250 business units and more than 80,000 individual interviews, Buckingham and Coffman come up with a new solution.

    The data shows:
      --How putting the right person in the right place working for the right manager drives employee engagement.
      --How employee engagement drives customer loyalty.
      --How customer loyalty drives sustained growth.
      --How sustained growth drives real profits.
      --How real profits drive the stock valuation.
    Obviously, the first link defies The Common Wisdom most radically. (After all, the book is called First Break All The Rules.)

    The Common Wisdumb (sic): hire people for their skills and knowledge.
    This new research says the best managers select people for strengths and talents.

    The Common Wisdumb: motivate people to fix their weaknesses.
    This new research says the best managers build on each person's strengths.

    The Common Wisdumb: push your people up the next rung on the ladder.
    This new research says the best managers find the right fit for each person.

    Okay, if this is dumb, what should we do instead?

    Click here to read more:
    http://www.thinksmart.com/articles/rightfit.html

    Innovation University faculty member, author and speaker, Allen Fahden outlines the methods for identifying and using workers' talents in his upcoming book, "Hell is Still Hell, No Matter How Often You Remodel," soon to be available at http://www.hellisstillhell.com. Allen is also the co-developer of the "Innovate with CARE" profile for putting the right people in the right place.

    Read more about Allen Fahden here:
    http://www.thinksmart.com/speakers/fahden.html

    Or contact Andrea Woodward at (805) 563-1438 or email andrea@thinksmart.com to inquire about having Allen Fahden speak to your organization.

    Purchase "First Break All the Rules" by going here:
    http://www.thinksmart.com/bookpages/bookofthemonth.html

Allen Fahden
Edited by Allen Fahden, Innovation University Faculty Member

Join the Innovation University Fellowship Group

Call Ruth Ann Hattori at 303-604-1981 or e-mail andrea@thinksmart.com for more information.

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Innovation Network
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