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New Breed w Rolls Out New Version of Its Recognition and Reward Platform
“Jordan Rules” Elevated the Chicago Bulls, and can assist all companies
New York, NY—October 25, 2023-New Breed w (“NBw”), a leading provider of personalized employee recognition and rewards programs, recently upgraded its already robust rewards offering available to employees. NBw works with organizations to establish and reinforce a culture of appreciation to improve employee engagement, drive productivity, and increase profitability. This model, employed by NBw CEO Brian Byrd, was inspired by his passion for business success, and his fandom of one of the greatest sports franchises of all time.
Byrd begins, “The idea that changing workplace culture leads to changes in behavior is a common misconception that can hinder efforts to enact meaningful transformations within an organization. In reality, it is the reverse: changing individual and collective behaviors is the catalyst for evolving workplace culture. This is an especially important and pertinent concept as firms in this tight labor market seek to retain and motivate their workforce. As a self-admitted megafan, there is no clearer example of this dynamic than the Chicago Bulls transition from the 1980s to the 1990s.”
Byrd continues, “Phil Jackson's implementation of the triangle offense with the Chicago Bulls, with Michael Jordan's blessing, had a profound impact on the team's culture, and ultimately transformed them into one of the most successful franchises in NBA history. This transformation holds valuable lessons for today's workplace culture, emphasizing teamwork, engagement, and the importance of fostering a collaborative environment. There were 5 keys to the Bull’s success:
Ø Shift from Star-Centric to Team-Centric
Ø Empowerment and Collaboration
Ø Communication and Trust
Ø Adaptation and Flexibility
Ø Shared Success and Accountability
In the workplace, fostering a sense of shared success and recognizing the contributions of all employees can boost morale and motivation. This leads to higher levels of engagement and firms with highly engaged employees are 22% more profitable than those that are not.
#Leadership #employeeengagement #recognitionandrewards #teamwork #employeeretention #MichaelJordan #Chicagobulls #NBA #Newbreedw
Vice President - Wealth Management Consultant at RBC Wealth Management
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