A CEO Interviews Nicholas Lore
How can a company attract and keep the best possible people?
Nick Lore: The real answer doesn't involve tips and suggestions
about what people can do in the short run. It's a bigger, broader, contextual
answer. For a company to attract and keep good people, they have to offer what
people really want. And what they want is to truly feel a part of a family, where
people are taking care of each other, where management really cares about them,
where they're genuinely listened to, where their bosses behave with integrity
toward them, where the company is essentially a partnership of all the people
who work
for it.
What is the source of that kind of corporate philosophy?
Nick Lore: It comes from a realization that all any company is, is a group of people. The technology, the machinery, the buildings and infrastructure mean nothing without the people. And there's no way you can fake it.
How can we attract the people we want?
Nick Lore: Good people are attracted to companies that are really committed to doing a world-class job of taking care of and developing their people. They come to work for such companies not just because they need a job, but because they really want to work there.
What would you say are the overall qualities we should look for?
Nick Lore: They're people who are simultaneously talented, gifted at what
they're doing, and self-actualized, people who find fulfillment in using their
abilities to the fullest. They're people who want to move ahead not only professionally,
but personally. And people like that want to work for companies that nurture
them.
Why do so many companies give so little thought to nurturing their employees?
Nick Lore: If you ask them, they say they do. They pay lip service to the idea. But the truth is, most companies provide a poisonous work environment, at least to some degree. And instead of admitting it, they try to cover things up. Whenever they get caught doing something wrong, they do everything possible to deny, deny, deny. A mature company, which isn't run by overgrown children, will admit its mistakes and clean them up. In fact, they are enthusiastic about finding errors and fixing mistakes.
A company can't be unprincipled in its external actions and principled in its
internal operations. So when a company like Exxon, for instance, tries to minimize
the Valdez oil spill, you know that it's denying its internal errors as well.
These days, people are talking about companies having
a sense of purpose. What about that?
Nick Lore: Even companies that start out with a purpose quickly change into companies whose only purpose is to perpetuate themselves, to survive and grow. The notion of purpose or shared vision is lost.
How would a company find a purpose?
Nick Lore: There's nothing to find or discover. They have to invent it. The leaders must intentionally create it. And simple persistence is not a worthy purpose.
Isn't a corporate mission statement the same thing?
Nick Lore: It certainly could be, but for the most part corporate mission
statements are mostly cowpies. Someone has taken courses and read books about
modern management technique and they've learned to write mission statements.
But top
management rarely lives by those statements. Most of the time, employees will
look at the posters on the wall and make rude jokes about them, because they
can see their boss doesn't live it and their boss's boss doesn't live it.
Then what do you mean by purpose?
Nick Lore: Purpose is an invented-created reason for being. It is who
you are simply because that's who you say you are. It is a bold statement that
you live from, that generates what you do, and how you behave. Apple Computer
was clearly living from purpose for their first few years. Extraordinary companies
like Federal Express are enlightened by a purpose that most of the employees
subscribe to and live from. Whenever you notice that the employees of a company
are full of enthusiasm and commitment, you can infer that it is likely that company
lives from a purpose that includes nurturing their people. The really brilliant
companies truly live what they've dedicated themselves to, whether it is to be
a great place to work, or create great products or world-class service for customers.
That's what purpose is.
How can companies change?
Nick Lore: By looking at themselves realistically and by changing so that
they actually honor what they've been paying lip service to - not manipulating
people anymore, for instance, but instead supporting their people and encouraging
full self-expression. Often it's not that companies don't want to see the truth;
they're just paying attention to other priorities. They need someone to
give them
a
friendly
wake up call.
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