Bob Nelson Talks ROI of Employee Satisfaction

Bob Nelson, author of Ubuntu!

Bob Nelson, the Guru of Thank You, explained that companies with satisfied employees have a 233% higher return than those without. He also explained that companies with high employee satisfaction achieve a 700% higher investor return. Motivation can be simple. It doesn’t have to be monetary. Something as simple as coffee or soda for employees in the break room can motivate.

One of the key concepts Bob provided listeners was breaking news on BRAINSTORMIN’. He gave advice to employees going for their annual review—change the Power Ratio. Emphasize the achievements you accomplished this year that made the boss look good. Remember, each employee is smart, resourceful and an expert in their job.

To prove his point, Bob used the analogy of Best Buy versus Circuit City. Best Buy valued its employees and strove to make the most of their talents. Circuit City fired their tenured employees to save money. Circuit City is now out of business while Best Buy is the leader in the category.

Listen to the entire interview below:

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)
Bob Nelson Talks ROI of Employee Satisfaction, 5.0 out of 5 based on 1 rating

Leave Your Response

* Name, Email, Comment are Required

Bill Frank’s Guests

Here is the lineup of guests for Guests For October 5, 2013

Guests For October 5, 2013

My guests this week are Bob McCord, founding member of VREG, talking about Ventura's budget woes; healthcare expert Sally Pipes exposing the flaws of Obamacare as the Insurance Exchanges open for business; and Stuart Crain, CEO of TVTalk discussing how his app will revolutionize television viewing. Read More

Other Guests


Show Archive

Today’s Poll