Thanks to Next Big Idea Club, you can now listen to a 15 minute summary of the top 5 big ideas from The Case for Good Jobs, read by Zeynep Ton. 1. Low pay hurts workers and companies more than we think. 2. Higher pay doesn’t mean higher prices or lower profits. 3. Mental models that produce excellence. 4. Spreadsheets don’t tell the truth. 5. The risk of making system change is much lower than the risk of the status quo. https://lnkd.in/emvNE-Sq
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Mark Dyck, Karen Bornarth, and many others at The Bread Bakers Guild of America have been leveraging the Good Jobs Strategy to enable bakeries of all sizes to thrive! Tune into Mark's podcast interview with our team to hear examples of how leaders at bakeries (and beyond) have used smart operational choices coupled with people investments to create value for customers, employees, and the business: https://lnkd.in/ef6Xu3gT
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What makes a good job? Good Jobs Institute President Zeynep Ton explains the business case for good jobs and ways companies have implemented the Good Jobs Strategy on Financial Health Network's #EMERGEEverywhere podcast
Research shows that creating good jobs isn’t just the right thing to do, but also the profitable thing to do – improving employee satisfaction, company performance, and market competitiveness. So what does a good job look like? On this week’s #EMERGEEverywhere #podcast, Jennifer Tescher explores that question with Zeynep Ton, Professor of the Practice of Operations Management at MIT Sloan School of Management and Co-Founder and President of the Good Jobs Institute. Tune in as they discuss the business case for better jobs and ways to implement a good jobs approach: https://hubs.li/Q02y0kjd0 #financialhealth #workplace #jobs #finhealth
Listen Now: Zeynep Ton | Rethinking What Makes a Good Job - Financial Health Network
finhealthnetwork.org
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GJI President Zeynep Ton explains that creating durable corporate growth "requires a decision-making process that takes into account the interconnectedness of the elements of complex business systems." Leaders at companies like Costco Wholesale approach growing the business by focusing on their core value to customers and pursuing a sustainable growth rate. Learn more below:
Growing your business sustainably means doing the right thing for all your stakeholders.
Lessons from Costco on Sustainable Growth
hbr.org
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Great article from Massachusetts Institute of Technology that shares both why and how many companies have been adopting the good jobs strategy. "'At the end of the workshop, there’s some urgency among the leaders to change, and some alignment around the types of changes needed to get there,' Ton says. 'And then we work with companies to help them articulate why they need to improve frontline work, who needs to be involved, and what changes to make first.' Ton says a lot of the institute’s work revolves around emphasizing to companies that the strategy is a system and that individual changes, like raising pay, will not work in isolation."
The Good Jobs Institute helps companies support frontline employees while also boosting revenue. The key to the strategy is “you invest in people, and you make choices that make their work more productive and enable higher contributions,” founder Zeynep Ton says.
This nonprofit is proving that creating good jobs is good business
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We were thrilled for Good Jobs Institute Fellow Riddhima Sharma to close out the Jobs for the Future (JFF) #JobQualityAcademy, talking about how good jobs can help companies win with customers and be more competitive long term. Excited to see what these leaders can do to improve jobs and business performance!
We are still energized from the #JobQualityAcademy last week. And we aren't the only ones passionate about advancing job quality within our nation; the 16 participating communities have incredible ideas 💡 and are planning actionable strategies to ensure the people living and working in their regions have access to working in quality jobs that will advance them economically. The Job Quality Academy Summit II closed out with remarks from Riddhima Sharma, Fellow at the Good Jobs Institute, who sent participants home with energy and motivation to keep the momentum going. Certainly, JFF is excited to continue this work alongside the U.S. Department of Labor and other partners who feel equally passionate about making quality jobs a reality for many more American workers! #jobquality #qualityjobs #goodjobs #wkdev #workforcedevelopment #econdev #workforce Endless gratitude for these amazing partners in making the first Job Quality Academy not just a reality, but a huge success: National Association of Workforce Boards, SHRM, AFL-CIO Working for America Institute, JVS, Social Policy Research Associates, Ben Sommer, Genna M. Petrolla, Jonathan Osei, Josh Copus, Will Dorsey Eden
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"We help companies think about how you can strategically invest over time, so you can really support your teams to live a great life. And at the same time, how do you design work across the organization, so that every single day when they show up at work, they're doing work that matters." In case you missed it, our Executive Director Sarah Kalloch recently spoke at Fast Company's Innovation Festival with Rachel Korberg, Cofounder and Executive Director of the The Families and Workers Fund. Check out the interview below. https://lnkd.in/e3N5-aAS #operations #goodjobs #innovation
Why companies should care about their employees’ happiness and creating good jobs
fastcompany.com
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We're proud to share our latest HBR article highlighting the work of small food businesses. Check it out and learn more about how leaders at She Wolf Bakery, Tacombi, and Moe's Original BBQ are using cross-training as part of a system that improves performance and jobs. "Adding cross-training made the job worth more to the business and the higher pay made the additional responsibility and higher expectations worth it for employees."
When employees can contribute to different parts of the business, it can improve service — and make their jobs better.
How the Food Industry Is Using Cross-Training to Boost Service
hbr.org
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"Deep care means paying workers enough so that they can have control over their lives. It means providing stable schedules so that they can have a sane life. It also means designing their work for humans, not for interchangeable parts." GJI President Zeynep Ton was recently interviewed on Talks at Goldman Sachs. Check out the full interview to learn more about the consequences of the status quo system of high employee turnover, barriers to the good jobs system, and the importance of discipline (in business and volleyball!)
Thanks to Greg Shell and GS team for hosting me a few weeks ago. We talked about our work at Good Jobs Institute and my new book, The Case for Good Jobs. This was also one of the few times I got to talk about my Penn State volleyball coach, Russ Rose, who changed my life by giving me a scholarship to Penn State. https://lnkd.in/eBhFJEZK
MIT's Zeynep Ton explains how caring deeply for workers pays off for companies
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Technical Lead at Johnson & Johnson Vision
11moExcellent book The author really challenges the race to the bottom strategy that produces poor service poor quality and unhappy employees. An interesting point was that wall street rarely objected to wage increases for hourly paid employees as part of a strategy to drive excellence and increase market share. Businesses are more likely to fail by staying stuck in mediocrity rather than being overtaken by technology.