Top Banner

Click here to load reader

of 35

Nordstrom’s 114-year-old Culture in the Tech Era Sarah Lake Hagan.

Jan 06, 2018

Download

Documents

Ethel Townsend

We are in the midst of 3 strategic inflection points that impact our work: WORKFORCE Multiple generations Culture of entrepreneurship/startups Purpose economy Employees’ market TECH Rise of mobile Cloud technology Open source Machine learning Automation RETAIL Shifting channels Changing consumer expectations Technology driving new experiences Our industry
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript

Nordstroms 114-year-old Culture in the Tech Era Sarah Lake Hagan OUR ONE RULE Use good judgment in all situations. We are in the midst of 3 strategic inflection points that impact our work: WORKFORCE Multiple generations Culture of entrepreneurship/startups Purpose economy Employees market TECH Rise of mobile Cloud technology Open source Machine learning Automation RETAIL Shifting channels Changing consumer expectations Technology driving new experiences Our industry The competition for technology talent is more fierce than ever Research shows company culture impacts performance Gallup found that companies with engaged employees had 22% higher profitability and 10% higher customer ratings -New York Times, Why We Hate Work, May 2014 $ 2x Fortune 100 Best Companies to Work For perform nearly 2x better than the general market -Great Places To Work, 2015 Get everyone involved. Take-home 1: Honor your existing culture with your new culture. Take-home 2: STEP 2: SCREEN (interview)STEP 3: PRE-AUDITION (activity)STEP 4: AUDITION (day-on-the-job) STEP 1: PRE-SCREEN (r sum review) TRADITIONAL HIRING PROCESS Individual Decisions Skills Discussed (interview) Unsure about Culture/Team Fit More Unknowns Wavering Back and Forth Firing Squad of Interviews AUDITION HIRING PROCESS Team Decisions Skills Demonstrated (activities) Culture/Team Fit Determined Full Transparency Speed to Decisions Smaller Group/Pair Activities vs When we use auditions, the team feels accountable for the success of the new person; like, Youre part of our family now. Highlight and amplify your culture within all aspects of the employee lifecycle. Take-home 3: Percent of Org Most Impactful NorDNA Value Measure your culture and your cultural progress. Take-home 4: Take those take-homes home! I wish I had a stylist in my pocket. Help employees translate your culture into actions through telling stories of others. Take-home 5: The best part of NorDNA is if your team already has it, you dont have to teach it. Not all cultural teachings must be formal. Take-home 6: 1 Get everyone involved Honor your existing culture with your new culture. Highlight and amplify your culture within all aspects of the employee lifecycle. Measure your culture and your cultural progress. Help employees translate your culture into actions through telling stories of others. Not all cultural teachings must be formal. Its an ongoing process! Final take-home: @NordstromPLab